FTC launches inquiry into how big tech companies such as Microsoft, Amazon and Google are holding sway over AI startups

Vince McMahon, the longtime chairman and former chief executive of World Wrestling Entertainment, resigned from the board of W.W.E.’s parent company on Friday, one day after a former employee accused him of sexual assault and sex trafficking in a lawsuit. Mr. McMahon, 78, was the executive chairman of TKO Group, the parent company of W.W.E.,…

WASHINGTON — Chair Jerome Powell will enter this week’s Federal Reserve meeting in a much more desirable position than he likely ever expected: Inflation is getting close to the Fed’s target rate, the economy is still growing at a healthy pace, consumers keep spending and the unemployment rate is near a half-century low. A year…

Court orders property developer China Evergrande Group to liquidate after it was unable to reach a deal with creditors

Three years ago, dozens of big companies formed a coalition and declared an ambitious goal: to lift one million Black workers into good-paying jobs over the next 10 years, by hiring or promoting them. The resulting nonprofit, OneTen, was created amid a crescendo of calls to address racial injustice after George Floyd’s murder in 2020….

CARACAS, Venezuela — The U.S. government and nearly 30 conservative world leaders on Saturday condemned the decision of Venezuela’s highest court to block the presidential candidacy of opposition leader María Corina Machado. The Biden administration, however, remained noncommittal about reimposing economic sanctions on Venezuela, which it has threatened to do if the government of President…

Volodymyr Zelensky is used to getting his way when it comes to money. Look at the untold billions US taxpayers have given his country to defeat Russian aggression. Money from the private sector has been much less easy. Witness the chilly reception he received from bankers this past week at the World Economic Forum in…