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The Latest Breaking News from Wall Street Journal

Facebook's Chinese Rival Internally Shares Its Financial Reports; Losses Mount In Its Bid For Growth

TikTok parent ByteDance Ltd saw its operating losses more than triple last year to above $7 billion as it spent heavily to continue its torrid growth, the Wall Street Journal reports citing financial info shared with employees. ByteDance also produced an operating profit in the first quarter of 2022, the report showed. ByteDance has closely…

Benzinga

Editorial: Trump's latest violent, racist rhetoric cues the usual crickets from the GOP

Donald Trump’s recent post suggesting that Sen. Mitch McConnell harbors a “death wish” for compromising with Democrats was such clearly unacceptable rhetoric that even solidly conservative voices like The Wall Street Journal Editorial Board felt compelled to condemn it. But, as usual, most officials within the putatively mainstream GOP aren’t…

St. Louis Post-Dispatch

US could ease Venezuela sanctions, allow Chevron to pump oil: WSJ

Biden administration preparing to ease sanctions if Caracas takes steps towards restoring democracy, report says.

Al Jazeera

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CME Group Files For Futures Brokerage After Criticizing Rival FTX For Doing The Same Thing

After criticizing cryptocurrency exchange FTX for its plans to cut out the middlemen in the futures markets, CME Group Inc.

Benzinga

As protests continue in Cuba, activists worry US aid may offer a lifeline to the government

With many homes across the country without electricity or water for four days, residents of Havana blocked some of the city’s main avenues and banged pots and pans on Saturday, the third day of demonstrations following the collapse of the electrical grid after hurricane Ian battered the island early this…

Miami Herald

Cuba requests U.S. aid after Hurricane Ian knocks out power -WSJ

Cuba's government has made a rare request for emergency assistance from the administration of U.S. President Joe Biden after Hurricane Ian knocked out power to the whole island of 11 million people, the Wall Street Journal reported on Friday.

Reuters

Meta to Freeze Hiring to Tighten Budget

Facebook-parent Meta put out the word to employees on Thursday that it will freeze hiring to cut costs as it endures tough economic times, The Wall Street Journal reported. Meta chief Mark Zuckerberg revealed a planned pause in hiring during a weekly all-hands meeting, the Journal reported, saying the move…

Asharq Al-Awsat

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When an influential conservative voice fails to face reality

What planet is The Wall Street Journal living on in its endorsement of Kari Lake for Arizona governor?

Chicago Sun-Times

Government panel urges Biden to declassify report on Khashoggi murder

Saudi Crown Prince Mohammed bin Salman stands accused of ordering Mr Khashoggi’s murder

The Independent UK

As pandemic measures are lifted, social media use has declined with the exception of TikTok

In September, the Wall Street Journal reported that Instagram is faltering in its bid to keep up with TikTok, the wildly popular Chinese-owned video-sharing app.

The Conversation

'We Do Not View This As Proprietary Trading,' Coinbase Responds To Report On $100M Transaction

It looks like the Wall Street Journal and Coinbase Global Inc (NASDAQ: COIN) are misunderstanding each other.

Benzinga

U.S. in talks to build nuclear-powered submarines for Australia -WSJ

The Biden administration is in discussions with Australia to build the first few nuclear-powered submarines for the island nation in the U.S., the Wall Street Journal reported on Friday, citing Western officials.

Reuters

Top Financial Media Stories Friday, September 23: Apple Resolves iPhone 14 Pro Camera Glitch, Credit Suisse Shares Tumble As It Looks For Capital Infusion, Boeing Penalized $200M For Misleading About 737 MAX Safety And More..

Reuters

Benzinga

Declining Faith in Both Capitalism and Socialism Leaves … What?

Many Americans don’t seem to like any economic systems, and they’re no closer to agreement.

Reason

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Benzinga

Is Marijuana Still A Banned Substance In Sports? Yes, World Anti-Doping Agency Keeps THC On The Banned List

This article was originally published on Cannabis.net and appears here with permission. The World Anti-Doping Agency Will Still Include Marijuana On Banned Substances List - Why This Needs To Change

Benzinga

Top Financial Media Stories Wednesday, September 21: Amazon's Roomba Maker Acquisition Attracts Regulatory Attention, Binance And FTX Bid For Voyager Digital's Assets, Germany Nationalizes Gas Giant Uniper To Avert Energy Crisis And More..

Wall Street Journal

InsideEVs

Giga Berlin Cell Production Still On, But Tesla Will Focus On Austin

Grünheide mayor Arne Cristiani told Reuters on September 19 that Tesla confirmed that its plans to open a battery plant on the site are unchanged.

Asharq Al-Awsat

Washington Steps Up Efforts to Close Guantanamo

US President Joe Biden’s administration is revamping its efforts to close the Guantanamo Bay prison by appointing a senior diplomat to oversee detainee transfers, the Wall Street Journal reported on Sunday. The new special representative, Tina Kaidanow, a State Department official, has been chosen to review the case files of…

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Salon

What ads coming soon to Netflix mean

The streaming giant is set to introduce ads in November: what does this mean for the industry as a whole?

The Guardian - AU

The brutal economics of celebrity culture is turning children into marketing mannequins

The Kardashian children, and others, are working in adult spaces for the family business, whether the parents admit it or not

Los Angeles Times

Kanye West sends the Gap 'notice of termination' to end partnership after public feud

Weeks after taking shots at the Gap in since-deleted Instagram posts, Kanye West has terminated his partnership with the clothing company.

InsideEVs

Tesla Could Drop Plans For Giga Berlin Battery Cell Plant: Report

According to people familiar with the matter cited by WSJ, Tesla is considering shipping the equipment destined for battery production in Grünheide to the US.

Asharq Al-Awsat

Kanye West Seeks to Cut Ties with Gap

Lawyers for Kanye West sent a letter to Gap Inc notifying the apparel chain that the rapper was terminating his partnership with the company, the Wall Street Journal reported on Thursday. Gap breached its agreement with West by not opening retail outlets and releasing apparel as promised, according to the…

The Independent UK

Trump floated idea of swapping Puerto Rico for Greenland despite criticism, new book claims

The former president once compared the purchase of the Scandanavian island to a ‘large real estate deal’

Salon

For Trump, sensitive info is power

Longtime reporter who spent decades covering Trump reveals that origins of classified docs scandal go back years

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