The New York Times – Business:
The S&P 500 slumped to its worst daily decline in more than a year, dragged down by the technology sector as investors fretted about the durability of the A.I. build-out.
Blog
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Bangladesh Agrees to Raise Minimum Wage for Garment Workers After Protests
The New York Times – Business:
Hundreds of garment factories were shut down this week as workers in the country, the world’s second-largest exporter of clothing, demonstrated for higher pay.
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Israel’s Election Ended With No Clear Winner. These Parties Are Trying to Form a Coalition.
The New York Times – Business:
Israeli party leaders were holding discussions with President Isaac Herzog on Thursday about who should get the first chance to form a governing coalition.
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The Texas-size Political Tremor Rattling Big Business
The New York Times – Business:
The Lone Star State’s business-friendly playbook could be rewritten by the Democrats’ election sweep there.
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Bank of England Raises Rates for First Time in Three Years
The New York Times – Business:
The central bank said that inflation would climb to about 5 percent next year, far above its target, because of higher energy prices driven by the war in Iran.
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High Gas Prices Boost Sales of Hybrids for Toyota, Sending Its Stock Soaring
The New York Times – Business:
Toyota is cashing in on a U.S. hybrid boom as electric-vehicle demand slows, but shifting political tides in Washington could jeopardize its edge.
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China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals
The New York Times – Business:
Chinese authorities stopped the sale of ABB Robotics, owned by a Swiss conglomerate, to SoftBank of Japan amid wider scrutiny of global transactions that could affect Beijing’s technology ambitions.
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In Victory, Democrats See Economic Mandate to Cut Costs and Curtail Trump
The New York Times – Business:
Some Democrats quickly signaled they could try to roll back the president’s tax and trade policies, ignoring his early veto threats.
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In the Style of P.C. Vey: The Funniest Reader Cartoons We Received
The New York Times – Business:
More than 200 people answered our call for cartoons in the spirit of P.C. Vey. Here are some of the best ones.
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What Shaped Anthropic CEO Dario Amodei’s Thinking on A.I.
The New York Times – Business:
Some call him a doomer. Others see him as a responsible technologist. Here’s how the Anthropic chief executive’s thinking on artificial intelligence was shaped.