U.S. Seeks to Join Forces With Europe to Combat Excess Chinese Goods

U.S. Seeks to Join Forces With Europe to Combat Excess Chinese Goods

Treasury Secretary Janet L. Yellen said on Tuesday that the United States and Europe needed to work together to push back against China’s excess industrial capacity, warning that a wave of cheap Chinese exports represents a grave threat to the global economy. Ms. Yellen’s remarks, delivered during a speech in …

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Scarlett Johansson and OpenAI’s Trust Issues

Scarlett Johansson and OpenAI’s Trust Issues

OpenAI’s Scarlett Johansson problem When OpenAI unveiled the latest version of ChatGPT last week, a chatbot that can listen to spoken questions and respond verbally, many users had one question: Is that Scarlett Johansson? The actress, who provided the voice for an A.I. assistant in the movie “Her,” has now …

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Cost-cutting and the ‘Thai shrimp mafia’: What really drove Red Lobster to bankruptcy

Cost-cutting and the ‘Thai shrimp mafia’: What really drove Red Lobster to bankruptcy

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Waves of customers hungry for under-priced shrimp. A skeleton crew of waiters overwhelmed by the unexpected demand. Tables occupied for long stretches of time, …

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Ivan F. Boesky, Rogue Trader in 1980s Wall Street Scandal, Dies at 87

Ivan F. Boesky, Rogue Trader in 1980s Wall Street Scandal, Dies at 87

Ivan F. Boesky, the brash financier who came to symbolize Wall Street greed as a central figure of the 1980s insider trading scandals, and who went to prison for his misdeeds, died on Monday at his home in the La Jolla neighborhood of San Diego. He was 87. His daughter …

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As their customers age, Macy’s, Kohl’s and Nordstrom are chasing younger shoppers

As their customers age, Macy’s, Kohl’s and Nordstrom are chasing younger shoppers

  Signage of Macy’s, Kohl’s and Nordstrom retail stores. Getty Images Department stores are aging — and so are their customers. For more than a century, the stores won over multiple generations with a promise to sell shoppers a wide variety of everything. For many millennial and Gen Z consumers, …

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Russia’s War Machine Revs Up as the West’s Plan to Cap Oil Revenues Sputters

Russia’s War Machine Revs Up as the West’s Plan to Cap Oil Revenues Sputters

The United States and its allies in the Group of 7 nations set two goals in 2022 when they enacted a novel plan to cap the price of Russian oil: restrict Moscow’s ability to profit from its energy exports while allowing its oil to continue flowing on international markets to …

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A Safety Check for OpenAI

A Safety Check for OpenAI

OpenAI’s fear factor The tech world’s collective eyebrows rose last week when Ilya Sutskever, the OpenAI co-founder who briefly led a rebellion against Sam Altman, resigned as chief scientist. Some observers downplayed the departure, noting that Sutskever hadn’t been in the office in months and that he appeared to have …

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Senate Inquiry Finds BMW Imported Cars Tied to Forced Labor in China

Senate Inquiry Finds BMW Imported Cars Tied to Forced Labor in China

A congressional investigation found that BMW, Jaguar Land Rover and Volkswagen purchased parts that originated from a Chinese supplier flagged by the United States for participating in forced labor programs in Xinjiang, a far western region of China where the local population is subject to mass surveillance and detentions. Both …

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Investments, Payments or Incomes On Which You Get Tax Benefits; Check ITR Filing Checklist – News18

Investments, Payments or Incomes On Which You Get Tax Benefits; Check ITR Filing Checklist – News18

Filing your Income Tax Return (ITR) can seem daunting, but it holds a key benefit: reducing your tax burden.  One way to achieve this is by claiming deductions available under various sections of the Income Tax Act. These deductions allow you to subtract certain expenses from your taxable income, lowering …

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Europe Wants to Build a Stronger Defense Industry, but Can’t Decide How

Europe Wants to Build a Stronger Defense Industry, but Can’t Decide How

France and Germany’s recent agreement to develop a new multibillion-dollar battlefield tank together was immediately hailed by the German defense minister, Boris Pistorius, as a “breakthrough” achievement. “It is a historic moment,” he said. His gushing was understandable. For seven years, political infighting, industrial rivalry and neglect had pooled like …

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