By Daniel Leussink and David Dolan TOKYO (Reuters) -Japanese companies are increasingly hitching their growth plans to the United States, as concerns about Chinese demand and Beijing’s influence over supply chains prompt a noticeable pivot toward the world’s largest economy. Robot maker Yaskawa Electric, drinks…
Columbia University President Minouche Shafik’s Wednesday testimony before a House committee on how the school responded to a professor’s controversial piece labeling Hamas’ October 7 attack a “resistance offensive” is at odds with the account the professor shared with CNN. Multiple lawmakers at Wednesday’s hearing on antisemitism at Columbia took…
USD/JPY continues to decline as the US Dollar correction exerts pressure on the pair. Japan’s CPI data is scheduled to be released on Friday, expecting a moderation in consumer prices for March. US President Joe Biden calls for a tripling of tariffs on Chinese steel and aluminum. USD/JPY extends its…
Arbitrum, the largest Ethereum layer-2 scaling solution by total value locked (TVL), is taking steps towards decentralization. In an update on April 16, Offchain Labs–Arbitrum developers–said they have deployed the permissionless version of their fraud proofs, dubbed Bounded Liquidity Delay (BOLD), to testnet. Ethereum Layer-2s Are Popular, But There Is…
The Justice Department is in the final stages of negotiating a settlement with sexual assault survivors of disgraced former USA Gymnastics team doctor Larry Nassar over the FBI’s initial failures in investigating the case, according to a person familiar with the negotiations. The settlement could result in tens of millions…
This story appears in the Apr/May 2024 issue of Forbes Asia. Subscribe to Forbes Asia This story is part of Forbes’ coverage of Korea’s Richest 2024. See the full list here. Euisun Chung, executive chair and CEO of Hyundai Motor, is driving full tilt into the electric-vehicle market. In November,…
Boeing’s already battered reputation took another hit at two Senate committee hearings…
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By Katya Golubkova TOKYO (Reuters) – Oil prices rose in early trade…
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This story is part of Forbes’ coverage of Korea’s Richest 2024. See…
POLITICS
View MoreWhat could happen if prosecutors bring up Trump’s legal past? Former president’s attorney explains Former Trump attorney Tim Parlatore explains what he thinks could happen if prosecutors in Donald Trump’s hush money criminal trial bring up Trump’s other legal problems. He also shares whether he thinks the former president should testify.
If Donald Trump opts to testify at his New York criminal trial, Manhattan prosecutors want to use his past legal run-ins to discredit him to the jury. In a filing…
The United States will reimpose sanctions on Venezuela’s oil and gas sector in response to the Maduro government’s failure to allow “an inclusive and competitive election” to take place. Last October, citing…
House Speaker Mike Johnson announced he is sticking with his plan to put a series of foreign aid bills on the floor, including funding for Ukraine, after facing significant pressure…
Markets
View MoreFederal Reserve Bank of Cleveland President Loretta Mester spoke on “An update from the Federal Reserve” on Wednesday. Mester said…
Finance
View MoreFederal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank’s goal, pointing…
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Investing
According to NextEarningsDate.com, the Alphabet GOOGL next earnings date is projected to be 4/25 after the close, with earnings estimates of $1.51/share on $78.58 Billion of revenue. Looking back, the recent Alphabet earnings history looks like this: The company has an impressive long-term earnings per share chart: And with equally…
Economy
By Lucila Sigal BUENOS AIRES (Reuters) – Argentina’s public universities held protests…
Fintech
Rivian is undergoing another round of layoffs.Its the company’s fourth wave of…
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