Business Update

The Bank of Japan moved to slow inflation as the prime minister is borrowing more to fund an ambitious effort to build up industry and support households. Source link

The Chinese-owned video app reached agreements with the software giant Oracle and two investment firms, Silver Lake and MGX, as part of a deal to keep TikTok operating in the United States. Source link

Quarterly sales rose slightly for the world’s largest footwear company despite weak results in China and with its Converse brand. Source link

An adviser at Merrill Lynch, he refused to recommend the energy trading company. His employer pushed him out, but his stand made him a hero. Source link

The Swedish company is now valued at $6.6 billion, more than triple its $1.8 billion valuation set by investors in July. Source link

Data collection issues skewed the latest Consumer Price Index report, economists warned, clouding the picture for the Federal Reserve as it also grapples with a cooling labor market. Source link

The transportation department said the new rules were intended to make roads safer, but there’s no data to suggest that immigrants cause more truck accidents. Source link

Lawmakers in the House and the Senate asked a government watchdog to determine if Howard Lutnick is following ethics guidelines in promoting data centers that benefit his family’s businesses. Source link

Factorial, the start-up, said the listing would provide money that would help it bring new solid-state batteries to market as soon as 2027. Source link

The president promoted his economic accomplishments in a defiant address. But some voters are feeling the pinch of stubborn inflation and a cooling labor market. Source link