The New York Times – Business:
The annual meeting will be in November, nearly four months after what is required under Texas law.
Category: Business
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3 Teenagers Arrested Over Cyberattacks That Cost U.K. Retailers Millions
The New York Times – Business:
Four people total were arrested in connection with an April cyberattack that disrupted operations at Marks & Spencer, Harrods and Co-op.
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European Union Unveils Rules for Powerful A.I. Systems
The New York Times – Business:
Makers of the most advanced artificial intelligence systems face obligations for transparency, copyright protection and public safety. The rules are not enforceable until next year.
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Ferrero to Buy WK Kellogg in $3.1 Billion Candy-Meets-Cereal Deal
The New York Times – Business:
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and Froot Loops.
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Delta’s Stock Soars on Signs of ‘Stabilized’ Travel Demand
The New York Times – Business:
The airline reported better earnings than expected for its latest quarter, and restored its forecast for the rest of the year.
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Andreessen Horowitz Calls for a Delaware Exodus
The New York Times – Business:
The investment firm Andreessen Horowitz is moving its incorporation out of the First State, and urging others to follow, as backlash to its courts grows.
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Trump Fuels Fear Among Immigrant Farm Workers in California’s Central Valley
The New York Times – Business:
The fertile valley feeds the world. President Trump has thrown farmers and farmworkers there into turmoil, but recently offered them a glimmer of hope.
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His Start-Up May Not Survive Chaotic Rollout of Trump’s Tariffs
The New York Times – Business:
A sourdough baker turned entrepreneur in North Carolina has delayed his new product as he contemplates the prospect that higher costs will doom his company.
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Head of S.E.C.’s Crypto Task Force Says ‘Tokenized’ Stocks Are Securities
The New York Times – Business:
Hester M. Peirce said in a statement Wednesday that digital versions of stocks are still subject to federal securities laws.
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Ford Says Battery Plant’s Tax Break Survived Republican Attacks
The New York Times – Business:
Slight changes to the big budget bill left the factory’s tax credits intact, according to the carmaker, which will use the batteries to make more affordable electric vehicles.