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Europe Frets U.S. Battery Factory Subsidies Will Hurt, Not Help

May 31, 2023|Comments Off on Europe Frets U.S. Battery Factory Subsidies Will Hurt, Not Help

The European Union is trying to assemble the building blocks to produce electric cars, but subsidies are luring companies to the United States.

Adidas Starts Unloading Its Yeezy Gear, to Benefit Anti-Hate Groups

May 31, 2023|Comments Off on Adidas Starts Unloading Its Yeezy Gear, to Benefit Anti-Hate Groups

The sportswear company, which cut ties with Kanye West over his antisemitic remarks, will donate proceeds from its $1.3 billion inventory of Yeezy-brand sneakers and other goods.

Elizabeth Holmes Reports to Prison in Texas on Tuesday

May 31, 2023|Comments Off on Elizabeth Holmes Reports to Prison in Texas on Tuesday

The disgraced founder of the blood testing start-up Theranos, who was convicted of fraud, turned herself in at a minimum-security prison in Texas.

Amazon to Pay $25 Million to Settle Children’s Privacy Charges

May 31, 2023|Comments Off on Amazon to Pay $25 Million to Settle Children’s Privacy Charges

Regulators said the tech giant kept children’s Alexa voice recordings “forever,” violating a children’s privacy law.

JPMorgan’s Dimon Denied Having Any Contact With Jeffrey Epstein

May 31, 2023|Comments Off on JPMorgan’s Dimon Denied Having Any Contact With Jeffrey Epstein

JPMorgan is being sued over its dealings with Mr. Epstein. In a deposition, Jamie Dimon, the bank’s chief executive, said he had barely heard of the disgraced financier.

Economy

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