The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Twitter and Facebook have suspended numerous accounts that are believed to be tied to a state-backed information campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
Sequoia's Michael Moritz says that direct listings worked for Spotify and Slack and will become more common for companies with "courage and intelligence."Technologyread more
Shares of embattled utility PG&E plummeted after a judge ruled that a jury can decided whether it should pay up to $18 billion in damages.Marketsread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Since its IPO 15 years ago, Google has become more and more powerful. Today, that power is being highly scrutinized.Technologyread more
In a statement Monday, Barr said he will name Kathleen Hawk Sawyer the new director of the Federal Bureau of Prisons.Politicsread more
Sweden's state prosecutor said on Monday she would reopen a rape investigation involving WikiLeaks founder Julian Assange and that circumstances now existed to seek his extradition from Britain.
Eva-Marie Persson told a news conference prosecutors would continue and conclude a preliminary investigation that was dropped in 2017 without charges being brought as Assange had taken refuge in the Ecuadorean embassy in London.
Assange was arrested in Britain last month after spending seven years inside the embassy. The United States is also seeking his extradition on charges relating to the public release by Wikileaks of a huge cache of secret documents.
According to Reuters, the Swedish lawyer for Assange has called the decision "an ermbarrasment" to Sweden.
WikiLeaks said on Monday that the reopening of the rape allegation will give Assange a chance to clear his name.
"Since Julian Assange was arrested on 11 April 2019, there has been considerable political pressure on Sweden to reopen their investigation, but there has always been political pressure surrounding this case," Kristinn Hrafnsson, WikiLeaks' editor-in-chief said in a statement.
"Its reopening will give Julian a chance to clear his name," Hrafnsson said.