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Business News

Location American Business News for 22 July 2023

Is This the End of Bibi?

The New Yorker - 22 Jul 2023 23:42
Netanyahu's coalition of zealots, the resistance in the streets, and the Israeli Kulturkampf.
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Why America's Largest Tool Company Couldn't Make a Wrench in America A highly automated Texas factory was supposed to bring the manufacturing of Craftsman mechanics' tools back to American shores. The $90 million project was doomed by equipment problems and slow production.
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Putting the AI genie back in the bottle not an option, Meta's Nick Clegg says The tech giant's global policy chief warns governments against 'fragmented' laws around AI Meta's global policy head, Sir Nick Clegg, has backed calls for an international agency to guide the regulation of artificial int...
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British Court Grants Appeal to Craig Wright in Bitcoin Copyright Lawsuit A British court has granted an appeal to Craig Wright to argue his case in a copyright lawsuit concerning Bitcoin (BTC), according to a recent court filing. Wright, who has claimed to be the creator of Bitcoin since 2016...
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How Gilead Profited by Slow-Walking a Promising H.I.V. Therapy Gilead delayed a new version of a drug, allowing it to extend the patent life of a blockbuster line of medications, internal documents show.
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Austin went from a 'weird' oasis to one of the most expensive cities in the US. Now it's fighting runaway housing prices. The city council approved a resolution that would allow townhomes and multi-unit homes to be built on single-family lots.
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The Race to Avert an Oil Spill That Could Cost $20 Billion to Fix Salvage team aims to siphon more than a million barrels of oil from the decaying hulk of the FSO Safer before it breaks apart
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Gen Zers want to be in the office. But their bosses are at home. Some Gen Zers think working in the office will boost their careers. But to benefit, they'll need more experienced colleagues there, too.
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Tornado Damages Pfizer Plant In North Carolina, Conspiracy Theories Swirl Since this facility produces around 25% of Pfizer's sterile injectable products for U.S. hospitals, this may mean yet more product shortages in this country.
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No joint communique after G20 energy transition meet; outcome document stresses on use of low emission tech The members urged for a faster voluntary transfer on mutually agreed terms and the joint development and acceptance of clean, sustainable, and low-carbon energy technologies.
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Extreme Heat Shows the Need for Another Kind of Climate Investment Almost all climate finance focuses on mitigating climate change. But money is increasingly pouring in to helping people adapt to the effects of global warming.
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America's Only Cobalt Mine Can't Get Off the Ground

Wall Street Journal - 22 Jul 2023 14:00
The U.S. is playing catch-up in battery supply chains dominated by China.
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Do-It-Yourselfers Get Into Rental Cars

Wall Street Journal - 22 Jul 2023 11:30
Entrepreneurs are renting out fleets of cars through services including Turo and Getaround, or building their own websites.
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UPS Contract Talks Go Down to the Wire as a Possible Strike Looms With the Teamsters contract set to expire Aug. 1, pay for part-time workers is a major hurdle. A walkout could rattle the U.S. economy.
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FTX Sues SBF, Former Execs to Recover Over $1 Billion Crypto exchange FTX is trying to regain $1 billion in a lawsuit against founder Sam Bankman-Fried (SBF) and some former executives. FTX's new management argues the funds were misappropriated through dubious deals and tra...
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Move over, Barbie. The icons of women's soccer are stepping into the spotlight Starring Sophia Smith, Megan Rapinoe, Debinha and more, Nike’s new ads for the Women’s World Cup are changing the game. The ninth Women’s World Cup commenced this week before record crowds in Australia and New Zeal...
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Moonbirds creator Kevin Rose on NFTs, crypto FUD, and why he's grateful he got phished In the dead of crypto winter, Rose’s Proof Collective is launching a new NFT series, Mythics—an expansion of the Moonbirds universe. Kevin Rose might be a Silicon Valley cowboy, one with a keen eye for discovering un...
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Mega Millions drawing estimated at $720M. See winning numbers for July 21. No one won the Mega Millions jackpot Tuesday night, so the jackpot keeps growing. Here are the winning numbers for July 21.      
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GamesBeat's Rachel Kaser saw less Venom than she'd like, more ActiBlizz than she needed and a tease for a new Ubisoft game coming this year.
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Amsterdam banning cruise ships kills 2 birds with one stone: rampant tourism and environmental damage. It's just the latest place to do it, and probably won't be the last. Amsterdam, Venice, and French Polynesia are among the places that have banned large cruise ships over environmental concerns and overcrowding.
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Exotic New Silicon-Based Speakers Are Coming to Next-Generation Earbuds Speakers the size of an asterisk have the potential to change the way we reproduce sound, cope with hearing loss--and even make objects in virtual reality feel real.
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Booz Allen Pays $377.5 Million to Settle Government Billing Case The consulting firm was accused of falsely charging for expenses that should have been paid under its nongovernment contracts from 2011 to 2021.
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