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Daily Business Review

Some Google Workers Protest $1.2 Billion Israeli Contract

Project Nimbus is a $1.2 billion contract through which Google and Amazon.com Inc. provide the Israeli government and military with artificial intelligence and cloud services.
4 minute read

Daily Business Review

Restaurants Eat Inflation Costs Amid Surge in Reservations

Close to three-quarters of respondents to an OpenTable survey said they went out to eat at least once a month and 40% said they dine out weekly.
2 minute read

Daily Business Review

Bankman-Fried Says His Crypto Bailouts Had 'Mixed Results'

Sam Bankman-Fried, chief executive of digital asset exchange FTX, engineered deals worth about $1 billion to backstop struggling companies after the prices of cryptocurrencies declined sharply in the spring and summer.
5 minute read

Daily Business Review

US Adds Fewest Jobs Since Early 2021, ADP Data Show

"We could be at an inflection point, from super-charged job gains to something more normal," said ADP's chief economist.
3 minute read

Daily Business Review

Musk Cites Whistleblower as New Reason to Exit Twitter Deal

In a filing with the U.S. Securities and Exchange Commission, Elon Musk said his legal team notified Twitter of "additional bases" for ending the deal on top of the ones given in the original termination notice issued in July.
3 minute read

Daily Business Review

Global Bond Index Tumbles on Fed Chair Powell Pushback

The hopes of a dovish shift that drove a rebound through June and July have evaporated since Federal Reserve Chair Jerome Powell committed to higher rates for as long as it takes to tame inflation.
5 minute read

Daily Business Review

US Growth Measures Diverge, Complicating Recession Debate

The official arbiter of recessions in the U.S., the National Bureau of Economic Research's Business Cycle Dating Committee, uses a range of economic variables when making its recession call.
4 minute read

Daily Business Review

Florida Governor Wants Marijuana Companies to Pay More

"I mean, these are very valuable licenses," Florida Gov. Ron DeSantis said. "I would charge them an arm and a leg. I mean, everybody wants these licenses."
6 minute read

Daily Business Review

'Sleeping' ESG Loans Are a Worrying Trend, BNP Says

The head of sustainable capital markets at BNP Paribas said that some borrowers want the benefits of tying loans to environmental, social and governance goals without disclosing specific targets or performance metrics until a later date.
4 minute read

Daily Business Review

Gen Z Wants to Ditch Corporate Jobs for Social Media Dreams

The drive to turn social media posts into sustainable income is highest among the youngest generation of workers, according to new research by Adobe Inc.
5 minute read

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