Tag: Policy/General News

  • WSJ News Exclusive | Smallpox vaccine enters wider production amid monkeypox outbreak

    Danish vaccine manufacturer Bavarian Nordic A/S is making more of a smallpox vaccine typically stockpiled for biological warfare, as governments seek doses that also offer protection against monkeypox amid an unusual outbreak around the world. Monkeypox, a viral disease that is only rarely detected outside Africa, has been reported in recent weeks in at least […]

  • Elon Musk Called ESG a Scam – Did Tesla Chief Do Investors a Favour?

    Investing typically uses a combination of head, heart, and gut, even though it’s not supposed to. And perhaps no market theme evokes “all the emotions” like ESG. This week, a major decision to remove Tesla from a closely tracked environmental, social and governance (ESG) index drew anger and relief in almost equal measure. Defiance was […]

  • Elon Musk Called ESG a Scam – Did Tesla Chief Do Investors a Favour?

    Investing typically uses a combination of head, heart, and gut, even though it’s not supposed to. And perhaps no market theme evokes “all the emotions” like ESG. This week, a major decision to remove Tesla from a closely tracked environmental, social and governance (ESG) index drew anger and relief in almost equal measure. Defiance was […]

  • Nvidia’s data center sales may eclipse gaming – maybe that’s not a good thing

    Data center sales from Nvidia Corp. is expected to outpace its game sales in fiscal first-quarter results as demand from server farms remains high and interest in games has waned from the rabid levels of the onset of the COVID-19 pandemic. NVIDIA NVDA, -2.51% is due to release its financial results after the closing bell […]

  • WSJ News Exclusive | Apple is looking to increase production outside of China

    TOKYO—Apple told some of its contract manufacturers it wanted to increase production outside of China, citing Beijing’s strict anti-Covid policy among other reasons, people involved in the talks said. India and Vietnam, which are already sites for a small chunk of Apple’s global production, are among the countries the company is looking at more closely […]

  • Tesla Stock Drops After Harassment Allegations Against CEO

    Text size The Tesla factory in Shanghai. Xiaolu Chu/Getty Images You’re here Shares took a hit as investors digested sexual harassment allegations against CEO Elon Musk. On Thursday, Business Insider reported that SpaceX paid a flight attendant $250,000 in 2018 to settle allegations that in 2016 Musk exposed himself to her and indicated he would […]

  • Macron appoints a new government in a political rebalancing effort

    PARIS—French President Emmanuel Macron on Friday appointed a new government that mixes high-level dignitaries with conservatives from his previous administration in a bid to rebuild his two-party coalition ahead of parliamentary elections. Mr. Macron tapped Catherine ColumnFrench ambassador to the UK, to the post of foreign secretary, elevating a civil servant who worked in the […]

  • GOP-led legislation would force Google’s ad business to shut down

    A bipartisan group of senators led by the Utah Republican mike lee introduced legislation on Thursday that would target conflicts of interest in the ad-tech industry and force Google to dismantle its dominant online advertising business. The bill, co-sponsored by the senses. Ted Cruz (R., Texas), Amy Klobuchar (D., Minn.) and Richard Blumenthal (D., Conn.), […]

  • Cathie Wood has a simple answer to Tesla’s exclusion from an S&P 500 ESG index: ‘Ridiculous’

    Cathie Wood isn’t thrilled that one of her most popular investments, Tesla Inc., is being left out of a leading index that tracks environmentally and socially responsible companies. “Ridiculous,” was essentially Wood’s terse response to the news that the S&P 500 ESG Index dropped Elon Musk’s electric vehicle maker Tesla TSLA. -6.80% of its range, […]

  • Crypto investor Barry Silbert offers sympathy and advice to those who lost fortunes this week

    Billionaire crypto investor Barry Silbert, founder and CEO of Digital Currency Group, offered his sympathy and advice on Saturday to those who have lost fortunes recently. It’s been a tough six months to be a crypto investor. Seesaw markets, shaky asset prices, rising interest rates and high inflation have all combined to shock the stock, […]