Government - Spark Newswire

2 minute read

As Fed Decision Looms, Larry Summers Makes The Case For 25-Basis-Point Hike And Applauds Christine Lagarde

Today, 9:09 AM

On Friday, former Treasury Secretary Larry Summers offered his take on the banking crisis and the Federal Reserve's potential move next week.

FRC

2 minute read

Elon Musk Reacts As Bill Ackman Flags First Republic’s Risk Spreading To Largest Banks: ‘…Astounding’

By Shanthi Rexaline

Today, 9:09 AM

The banking crisis continues to play out, with skeletons continuing to tumble out of the closet.

FRC

2 minute read

Team Biden Reportedly Warns TikTok Ban Unless Chinese Owners Divest Stake — Meta, Snap Shares Shoot Up

By Shivdeep Dhaliwal

Today, 9:09 AM

President Joe Biden's administration reportedly demanded that TikTok’s Chinese owners divest their stake in the popular application, failing which it would face a ban in the United States.

U.S. Threatens To Ban TikTok If Chinese Founder Doesn’t Sell Ownership Stake

By Michael Horton

Today, 9:09 AM

-Dow Jones

GOOG

2 minute read

Biden The Master Oil Trader Part Deux? Crude Prices Plummet. Is A Government Windfall Coming?

By Adam Eckert

Today, 9:09 AM

The crude oil market continues to crumble Wednesday, and it's possible the U.S.

SIVB

2 minute read

Facebook Ireland Guilty Of User Privacy Breach During 2010-2020, Dutch Court Finds

By Anusuya Lahiri

Today, 9:09 AM

A Dutch court hearing a class action lawsuit on Wednesday held Meta Platforms, Inc's (NASDAQ: META) Facebook Ireland responsible for misusing the personal data of Dutch citizens from 2010 - 2020.

Biden Admin Faces Lawsuit Over Approval For Willow Oil Project

By Vandana Singh

Today, 9:09 AM

Six environmental groups filed a lawsuit related to the Biden administration's approval of ConocoPhillips' (NYSE: COP) Willow oil and gas project in Alaska. The groups claimed the move could be a stepping stone to more development in an ecologically sensitive region.

COP

1 minute read

Alibaba Reaches Fresh Deal With China To Boost Hangzhou City’s Digital Economy, Reflecting Improved Relations With Beijing

By Anusuya Lahiri

Today, 9:09 AM

Alibaba Group Holding Limited (NYSE: BABA) assumed a crucial role in Hangzhou city's plans to lure more internet firms amid the "high-quality and healthy development of platform economy" under a deal with the local market regulator.

BABA

2 minute read

Cathie Wood Gets Elon Musk’s Nod After Slamming Regulatory Failure Over Banking Crisis: ‘Lot Of … Similarities To 1929’

By Bhavik Nair

Today, 9:09 AM

ARK Investment Management CEO Cathie Wood believes regulators should have focussed on the opaque failure points of the traditional banking system rather than blocking decentralized financial platforms “th

BTC

2 minute read

German Cannabis Legalization Efforts Get A Boost From Positive EU Feedback, Says Health Minister

By Joana Scopel

Today, 9:09 AM

There is positive news for adult-use cannabis legalization in Germany.

ACB