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...On Monday, the EU fined Apple €1.8bn for policies on its App Store which it said raised prices for consumers....
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...Skechers agreed to pay a $1.25 million civil penalty to settle the SEC’s charges....
...That day, Acacia’s stock price increased by 35.1 percent....
...Li, of U-Power, is among Chinese EV executives who want their companies to be seen as “global”....
...The company on March 1 backtracked on plans to cut off access to apps that bypass its App Store, which it had said it needed to do to comply with the new digital rules....
...The slower expectations for the transition come as companies make U-turns on their climate pledges and governments double down on fossil fuels amid energy security concerns....
...We don’t want to diss Idaho, but having to pay your new head of human resources $1.4mn to join you at the potato farm is . . . quite damning....
...But Cowen’s U-turn is striking....
...Its new plug-in hybrid Seal U DM-i, which has a starting price of $23,000 in its home market, is set to go on sale in the coming months....
...The group’s bumper profits last year compare with $700mn of net income for 2022 and $1.1bn in 2021....
...Exits in targeted non-U.S. markets are mostly done (9 of 14) and with line-of-sight on the rest....
...A version of this article was first published by Nikkei Asia on March 11. ©2024 Nikkei Inc. All rights reserved....
...Buffett disclosed that the company repurchased $1.1bn worth of Berkshire stock in the quarter, down from $1.4bn in the second quarter....
...The decision also marks a U-turn by the SEC. The regulator resisted spot bitcoin ETFs for nearly a decade on the grounds that cryptocurrencies were susceptible to manipulation and fraud....
...The little Welsh club now has 1.4mn followers on TikTok and close to 1mn on Instagram, while the team will play Manchester United and Chelsea on its upcoming US tour....
...The press release does not make it clear whether any of them can access a U-Haul van should Smith need to make another move. The ‘Wait, Who’s The Boss?’...
...Reserves for PayPal USD are fully backed by U.S. dollar deposits, U.S. Treasuries and similar cash equivalents, and PayPal USD can be bought or sold through PayPal at a rate of $1.00 per PayPal USD....
...You, a rube like Alphaville, may have noticed the looming economic downturn and think it’s a bad time to be lending to fast-growing but asset-lite Vapourware Inc owned by investment firms FaceRip Street...
...The U-turn puts S&P at odds with debt rating rival Moody’s, which still rates ESG criteria on a one to five scale. S&P is influential, with debt ratings that can affect a company’s borrowing cost....
...But in October 2021, Tesla became the sixth company in U.S. history to be worth more than $1 trillion....
...Sony said it would consider spinning off and relisting shares of its financial services arm to bolster investments in its entertainment business, delighting investors with a U-turn in strategy....
...For the first half of this year, China saw $1.9bn in such buyout deals, compared with $3.1bn in India....
...Or The Washington Post: Call it a gold rush: Taylor Swift is adding billions to the U.S. economy....
...He added negotiations with the state health insurer aimed at agreeing a further price reduction from April 1 had not reached a conclusion....
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