South Korea’s central bank has raised the benchmark interest rate by 25 basis points to 3.50%, as expected.
: Google, Nvidia raise concerns to FTC over Microsoft-Activision deal: report
Alphabet Inc.’s Google and Nvidia Inc. have raised concerns with regulators that Microsoft Corp.’s proposed $69 billion acquisition of Activision Blizzard could give the tech giant an unfair competitive advantage, according to a new report.
: Instacart workers to receive $5 million after settlement in San Francisco lawsuit
Instacart must pay more than $5 million to thousands of workers after agreeing to a settlement with San Francisco over benefits owed.
Market Extra: Why the stock market isn’t impressed with the first monthly decline in consumer prices in more than 2 years
Inflation data may no longer be the big catalyst for stocks that it once was.
: Tim Cook asked Apple to cut his pay after making nearly $100 million last year
Last year, Cook’s total compensation was $99.4 million, including a $3 million salary, about $83 million in stock awards, and $13.4 million in other awards.
: Oscar nominee Michelle Yeoh shows your best work can come in your 60s — and beyond
5 life lessons to excelling at any stage in your career from the 2023 Oscar nominees and Golden Globe winners — whether it’s your first, second or third act
: Low-income people reported fewer symptoms of anxiety, depression after receiving expanded child tax credit
A new study adds to the body of research showing the positive effects the payments may have had in a short time.
Crypto: Genesis, Winklevoss twins’ Gemini crypto venture charged by SEC with selling unregistered securities
U.S. securities regulators on Thursday charged Genesis Global Capital LLC and Gemini Trust Company LLC for the unregistered offer and sale of securities to retail investors through the companies’ Gemini Earn crypto asset lending program.
Financial Crime: Sick house: Florida man gets 8 ½ years for using Covid relief to buy lavish 12-acre estate, fleet of luxury cars
Don Cisternino fled to Europe as the Feds closed in. He was caught in Croatia on charges he stole $7.2 million in pandemic aid.
: Exxon’s own scientists flagged accurate climate risks even as company execs cast doubt, new study finds
ExxonMobil’s own data, which began in the 1970s, accurately predicted the severity of global warming even as execs belittled climate science, study says.