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Monthly Archives: October 2022

Beyond Meat’s steak substitute coming to grocery stores

Beyond Steak Source: Beyond Meat Beyond Meat is launching a steak substitute in grocery stores on Monday. The new product will roll out nationwide at more than 5,000 Kroger and Walmart stores, as well as Albertsons, Ahold Delhaize, Jewel-Osco, Sprouts and other local grocers. The announcement concludes a rocky month …

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How Google’s former CEO Eric Schmidt helped write AI laws in Washington without publicly disclosing investments in AI start-ups

About four years ago, former Google CEO Eric Schmidt was appointed to the National Security Commission on Artificial Intelligence by the chairman of the House Armed Services Committee. It was powerful perch. Congress tasked the new group with a broad mandate: to advise the US government on how to advance …

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What investors need to know about the latest crypto tax reporting rules

Jose Luis Pelaez | Getty Images The IRS is sharing more details on how to report digital assets for the 2022 tax filing year, according to draft instructions. Since 2019, there’s been a yes or no “virtual currency” question on tax returns, requiring filers to check a box to disclose …

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College-bank partnerships may be costly to students

Colleges and universities have, for a long time, partnered with banks and credit unions to provide financial services like checking accounts and credit cards to students. But regulators and consumer advocates have concerns about whether these services are actually helping students’ financial health. The products often come with perks like …

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Facebook, Google face skeptical Wall Street this week amid ad collapse

A new video by Inspired by Iceland pushes back against experiencing life through the “metaverse,” as described by Mark Zuckerberg during Facebook’s rebranding to Meta on Thursday, Oct. 28, 2021. Michael Nagle | Bloomberg | Getty Images Wall Street is bracing for disaster in online advertising. Following disappointing results from …

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College tuition falls in 2022-23 after adjusting for inflation

College costs keep climbing. And yet, this year’s increases in tuition and fees were very low by historic standards, according to a new report by the College Board, which tracks trends in college pricing and student aid. For the 2022-23 academic year, average tuition and fees rose by 1.6% to …

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Tesla, WeWork, Alibaba and more

Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla fell 2.5% in the premarket after cutting Model 3 and Model Y prices in China by up to 9%. The price cuts come amid signs of softening demand in China. Chinese EV makers are …

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Alibaba, Tencent shares plummet as Xi Jinping tightens grip on power

China’s President Xi Jinping speaking at the opening session of the 20th Chinese Communist Party’s Congress at the Great Hall of the People in Beijing on Oct. 16, 2022. Noel Celis | AFP | Getty Images Chinese technology stocks tanked Monday after a political reshuffle in the world’s second-largest economy …

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Binance narrowing down identity of hacker behind BNB crypto hack: CEO

Cryptocurrency exchange Binance is getting closer to figuring out the identity of a hacker that orchestrated a $570 million hack on its BNB blockchain, CEO Changpeng Zhao told CNBC Monday. After getting some tips from law enforcement on who the hacker might be, Binance is now “narrowing down” the person …

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Rishi Sunak closes in on Downing Street after Boris Johnson pulls out

Rishi Sunak could be elected leader of the Conservative Party and prime minister of the U.K. if he receives enough votes from fellow lawmakers Monday. Anadolu Agency / Contributor / Getty Images LONDON — Former Finance Minister Rishi Sunak looks set to become the next prime minister of the U.K., …

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