World

A bipartisan group of 42 attorneys general is suing Meta over addictive features aimed at kids and teens, the AGs announced Tuesday. The support from so many state AGs of different political backgrounds indicates a significant legal challenge to Meta’s business. Meta is now facing multiple lawsuits on this issue …

Workers assemble mini excavators in a factory of heavy machinery in Suzhou in east China’s Jiangsu province on Oct. 23, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — China on Tuesday took steps toward easing financing conditions for local governments, which have been at the crux of …

Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co speaks on September 25,2019 in New York, US. Misha Friedman | Getty Images News | Getty Images JPMorgan Chase CEO Jamie Dimon is asked routinely where he sees the greatest threats to the global economy — and to …

China’s former Minister of National Defense Li Shangfu salutes the audience on June 4, 2023. Roslan Rahman | Afp | Getty Images The Chinese government removed General Li Shangfu from the post of defense minister and state councilor without appointing a replacement, state media CCTV reported Tuesday. His dismissal was …

General view of buildings which were destroyed during Israeli air raids in the southern Gaza Strip on October 23, 2023 in Khan Yunis, Gaza. Ahmad Hasaballah | Getty Images News | Getty Images China urged Israel to abide by international humanitarian law and protect the safety of Palestinian civilians in …

Pent-up travel demand — which drove global travel recovery following the Covid-19 pandemic — is over, said Intercontinental Hotels Group CEO Elie Maalouf. “People started traveling really by the end of 2020 as restrictions started to lift,” he said. “So we’re really past revenge travel — even in China.” The …

Bitcoin. Filip Radwanski | Sopa Images | Lightrocket | Getty Images The price of bitcoin breached the $34,000 level to hit its highest since May last year, bolstered by positive sentiment about a bitcoin exchange-traded fund. The world’s largest cryptocurrency was trading 4.97% higher at $34,596.40 on Tuesday, according to …

The Okta Inc. website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on Sunday, Feb. 28, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Okta has shed more than $2 billion from its market valuation since the company disclosed a hack of its support systems on Friday. …

Most analysts predict the market for new weight loss drugs like Wegovy and Mounjaro will be enormous, but estimates vary for its exact size depending on who you ask. On Monday, Citi raised its estimate for incretin drug sales to $71 billion by 2035, up from its prior estimate of …

Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Pershing Square’s Bill Ackman revealed Monday that he had covered his short position in long-term Treasurys, as he believes a fast-deteriorating economy would suppress bond yields. “There …