Category: Bloomberg
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20231219
Hong Kong Court Hears Government’s Appeal to Ban Protest Song Hong Kong’s High Court will hear a renewed bid by the government on Tuesday to ban a controversial protest song after a previous application was dismissed. The city’s government is appealing the court’s refusal in July to grant an injunction to ban “Glory to Hong…
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20231217
Deloitte Is Looking to AI to Help Avoid Mass Layoffs in Future The giants of the consulting world face an unusual quandary this year: many of them are in the process of dismissing hundreds of staffers even after they hired thousands of college graduates to deal with new demand. Now, one of the biggest of…
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20231213
Montenegro Extends Do Kwon Detention on US, South Korea Requests Montenegro’s High Court extended the detention of Terraform Labs co-founder Do Kwon, at the request of the US and South Korea, court spokeswoman Marija Rakovic told Bloomberg. The court in Podgorica ruled that the term in custody, which would have expired on Friday, be prolonged…
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20231211
Harvard Under Heightened Pressure After Penn Leaders Ousted The ominous statement from Representative Elise Stefanik, a Republican from upstate New York, came moments after University of Pennsylvania President Liz Magill announced her resignation on Saturday. It had been just days since Stefanik had confronted the leaders of Penn, Harvard University and Massachusetts Institute of Technology…
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20231205
Russia Wants Foreign Visitors to Sign ‘Loyalty’ Pledge to Regime Russia wants foreigners entering the country to sign a “loyalty agreement” pledging not to challenge the Kremlin on issues like President Vladimir Putin’s war in Ukraine and a ban on promoting LGBT relationships, according to the Tass news service. Under a draft law prepared by…
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20231204
Profit-Hungry Climate Investors Descend on Dubai The larger-than-usual group of investors and bankers in attendance at COP28 in Dubai are not there primarily (if at all) for altruistic reasons. They’ve traveled to the United Arab Emirates for the same reason they’d go to an airshow or a heavy industry convention. The possibility of making a…
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20231202
Trump Golf Club Tricked Server Into Signing Sex Abuse Settlement, Lawsuit Says Donald Trump’s country club in Bedminster, New Jersey, was sued by an ex-server who claims one of the former president’s top lawyers tricked her into accepting a “paltry” settlement with an illegal nondisclosure provision after she accused her manager of sexual assault. Alice…
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20231130
Wall Street Wants Anyone But Biden and Trump for 2024 “Biden’s done a lot of good things. But I think his legacy will not be a good one if he is the nominee,” Ackman said in an upcoming episode of The David Rubenstein Show: Peer-to-Peer Conversations. “The right thing for Biden to do is to…
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20231128
Zuckerberg Vetoed Ban on Plastic Surgery Filters Despite Concerns for Teens, Suit Claims Mark Zuckerberg vetoed a proposal at Meta Platforms Inc. to ban filters that simulate the effects of plastic surgery, despite concerns that the technology could harm girls’ mental health, according to a lawsuit by more than 30 US states. The suit, initially…
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20231127
Elon Musk to Meet Israeli President as Antisemitism Furor Brews Elon Musk will meet with Israeli President Isaac Herzog and representatives of the families of hostages held in Gaza, in an apparent effort to defuse a growing furor over his endorsement of an antisemitic tweet. The Tesla Inc. and SpaceX chief executive is slated to…
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