Stephen Miran, Trump’s Pick for Fed, Says He Will Preserve Its Independence
Stephen Miran is scheduled to face members of the Senate Banking Committee on Thursday as the administration steps up its attacks on the Federal Reserve. Source link
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The Message for Big Tech in the Google Ruling: Play Nice, but Play On
A federal judge ordered steps in the search monopoly case that will restrain Google but not break it up, signaling a cautious antitrust approach by courts. Source link
The Biggest U.S. Oil Companies Are Eliminating Thousands of Jobs
ConocoPhillips of Houston on Wednesday announced plans to reduce its global work force by up to 25 percent. Source link
Trump Family Profits Even With Tepid Launch of Crypto Tokens
World Liberty Financial’s cryptocurrency token fell short of investors’ hopes. But a previous deal paved the way for a payment to the Trump family of potentially hundreds of millions of dollars. Source link
Did Google Just Get Spared? Investors Think So.
The nuclear option for addressing the tech giant’s search dominance — a break-up — is off the table. That’s lifting Big Tech stocks. Source link
Suntory Boss Resigns After Buying Supplement That May Be Illegal in Japan
Takeshi Niinami has stepped down from his post following a police investigation, underscoring Japan’s zero-tolerance drug policies. Source link
Cook’s Lawyers Fire Back at Trump’s Claim of Vast Powers to Oust Fed Officials
Lisa Cook is seeking a swift ruling on her ability to remain on the Federal Reserve’s Board of Governors as the case is litigated. Source link
Mark Knoller, ‘the Savant of 1600 Pennsylvania Avenue,’ Dies at 73
As White House correspondent for CBS News Radio, he kept meticulous records of presidential activities, from vacation days to teleprompter use. Source link
Stephen Muss, Developer Who Helped Revive Miami Beach, Dies at 97
The scion of a New York family of builders, he rescued the Fontainebleau hotel from bankruptcy, spurring a real estate boom. Source link
A C.E.O. Stirred Anger at the U.S. Open. Another Man Bore the Internet’s Wrath.
The chief executive of the Polish company Drogbruk was captured on video snatching a hat in front of a child. The head of Drog-Bruk, a different firm, is getting attacked. Source link