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Russell Berman

This debt crisis is not like 2011’s. It’s worse.

Former House Majority Leader Eric Cantor would know.

Risk

Facebook, Twitter to face new EU content rules by August 25

The world’s largest social media platforms Facebook, Twitter, TikTok and others will have to crack down on illegal and harmful content or else face hefty fines under the European Union’s Digital Services Act from as early as August 25.

Clothilde Goujard

Interests: Power

The North Seas can be the world’s biggest power plant

Tomorrow, we will be taking another crucial step toward a green and independent Europe.

POLITICO

Interests: Power

Angela Merkel receives Germany’s highest honor

Merkel is only the third German chancellor to receive the award, but some felt it was too soon to rank her among the country's 'greats.'

Gabriel Rinaldi

Interests: Variables

Delta Air Lines posts quarterly loss but forecasts profit as peak travel season approaches

Delta forecast revenue growth and adjusted profit for the second quarter that were ahead of analysts' estimates.

Leslie Josephs

Interests: Variables

Next expects price rises to slow this year in sign that inflation is easing

Retailer reports record annual profits of £870m after stronger-than-expected sales but says 2023 could be ‘very challenging’

Jasper Jolly

Interests: Power

Walmart chases higher profits powered by warehouse robots and automated claws

The big-box retailer is adding automation to more of its distribution centers, fulfillment centers and stores.

Melissa Repko

Interests: Power

Oil Falls as US Dollar Rises

Oil fell in a low-volume session, unable to withstand a rising US dollar while investors waited for upcoming supply constraints to hit the market.

Bloomberg

Interests: Risk

ChatGPT is entering a world of regulatory pain in Europe

AI chatbot makes itself an easy target for privacy regulators as fears around artificial intelligence grow.

Clothilde Goujard, Gian Volpicelli

Interests: Risk

Blockbuster pushed HBO to start investing in original content, cable giant's ex-chief says

Blockbuster's emergence in the late 1980s fueled HBO to bet on original content, according to former HBO and Time Warner CEO Jeff Bewkes.

Alex Sherman

Interests: Creativity

Buy. Return. Repeat … What really happens when we send back unwanted clothes?

The rise and rise of online fashion stores – and their generous returns policies – has created a new industry dedicated to dealing with our unwanted clothes. But what damage is being done – to our planet and to retailers – by our boomerang shopping habits?

Amelia Tait

Interests: Risk