Business

Venture Capital’s New Bailout: Your 401(k)

Venture Capital’s New Bailout: Your 401(k)

This is a web version of The Lever’s daily email newsletter. 🔥 Today’s Lever story: The government’s official story about the Epstein files keeps changing.  🎧 New on Lever Time: What’s at stake in the showdown between Trump and Federal Reserve head Jerome Powell?  👇 Spend three minutes reading this 917-word newsletter to learn about:  Just how rich homeowners insurers …

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U.S. trade agreement with Japan includes $550 billion in unanswered questions – Axios

U.S. trade agreement with Japan includes $550 billion in unanswered questions  Axios Trump’s ‘massive’ deal with Japan is giving US automakers heartburn  Politico Trump Commerce Secretary Lutnick says U.S. auto CEOs are ‘cool with’ higher tariffs than Japan  CNBC Deals, but no details: Trump’s trade negotiations are big on numbers, light on specifics  NBC News UAW | United Automobile, Aerospace and Agricultural Implement Workers …

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3.6M HydroTech hoses recalled over burst risk, consumer injuries

3.6M HydroTech hoses recalled over burst risk, consumer injuries

NEW YORK (AP) — About 3.6 million hoses are under recall across the U.S. because hundreds have burst while being used, resulting in at least 29 injuries, including reports of temporarily impaired hearing. The recall covers a range of HydroTech-branded, 5/8-inch “Expandable Burst-Proof Hoses” that were sold at major retailers — including, Amazon, Walmart, Home Depot and Target — for …

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Clean energy development expected to slow without tax credits

Clean energy development expected to slow without tax credits

Audio recording is automated for accessibility. Humans wrote and edited the story. See our AI policy, and give us feedback. Sign up for The Brief, The Texas Tribune’s daily newsletter that keeps readers up to speed on the most essential Texas news. Economists expect that the development of solar and wind farms nationwide will slow and electricity prices will rise …

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Intel is cutting more jobs as CEO Tan tries to fix manufacturing missteps – Reuters

Intel is cutting more jobs as CEO Tan tries to fix manufacturing missteps  Reuters Intel Expects Work Force to Shrink by 25,000  The New York Times Intel to Lay Off 15% of Workers, Cancel Billions in Projects in Bid for Rebound – WSJ  The Wall Street Journal Intel cuts back spending, workforce as struggling chip maker mounts comeback  Yahoo Finance Lip-Bu Tan: Steps in …

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Ray Dalio issues his most dire warning to America yet: The ballooning $37 trillion deficit will trigger an ‘economic heart attack’

Ray Dalio issues his most dire warning to America yet: The ballooning  trillion deficit will trigger an ‘economic heart attack’

Hedge fund billionaire Ray Dalio is known for his dire warnings about the economy and the national debt, but he just issued one of his starkest warnings to date, likening the United States’ mounting debt crisis to an impending “economic heart attack” and urging policymakers to revisit the fiscal discipline that characterized the 1990s boom years. Dalio’s alarm, sounded in a …

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Arizona woman sentenced to eight years in prison for hosting ‘laptop farm’ for North Korean remote workers – Politico

Arizona woman sentenced to eight years in prison for hosting ‘laptop farm’ for North Korean remote workers  Politico Woman learns fate after DOJ guilty plea admitting she helped North Korean tech workers infiltrate US companies  Fox News US woman gets 8-year sentence for stealing identities to give North Koreans jobs  BBC Confessions of a Laptop Farmer: How an American Helped North Korea’s Wild …

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US woman jailed for stealing identities to give North Koreans jobs

US woman jailed for stealing identities to give North Koreans jobs

A US woman has been sent to prison for more than eight years over an elaborate scheme to steal the identities of American workers and pass them to North Koreans. Christina Chapman admitted to stealing the identities of 68 US citizens, then helping foreign workers use those identities to pose as Americans and gain employment at over 300 separate companies. …

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Pinnacle Financial Partners and Synovus to Combine to Create the Southeast Growth Champion – Business Wire

Pinnacle Financial Partners and Synovus to Combine to Create the Southeast Growth Champion  Business Wire Major Columbus employer reportedly in merger talks after takeover interest  Ledger-Enquirer Pinnacle Agrees to Buy Synovus in $8.6 Billion Stock Deal  Bloomberg.com Synovus to merge with Pinnacle in $8.6 billion deal  WTVM.com Synovus reportedly considers merger with rival bank  The Business Journals Source link

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