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Asia’s Richest Person, Gautam Adani, Pledges $7.7 Billion for Social Causes

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Gautam Adani, Asia’s richest person, and his family have pledged to donate 600 billion rupees ($7.7 billion) to a slew of social causes, to mark his 60th birthday.

The donation will be managed by the..

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Germany Warns of Lehman-Like Contagion From Russian Gas Cuts

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Germany warned that Russia’s moves to slash Europe’s natural gas supplies risked sparking a collapse in energy markets, drawing a parallel to the role of Lehman Brothers in triggering the financial cr..

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Ads Are Officially Coming to Netflix. Here’s What That Means for You

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After years of resisting advertisements on its streaming platform, Netflix is introducing commercials to its service.

Netflix co-CEO Ted Sarandos confirmed on Thursday that the company would begin te..

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Fun AI Apps Are Everywhere Right Now. But a Safety ‘Reckoning’ Is Coming

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If you’ve spent any time on Twitter lately, you may have seen a viral black-and-white image depicting Jar Jar Binks at the Nuremberg Trials, or a courtroom sketch of Snoop Dogg being sued by Snoopy.

..

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In Some Workplaces, It’s Now OK Not To Be OK

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Good mental health seemed like a given to Kamini Cormier. Then, came the pandemic. Back in 2020, when she was forced to isolate herself at home with her husband and adolescent daughters, she started f..

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The Economics of Legal Weed Don’t Work

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Ten years ago Colorado became the first state in the U.S. to fully legalize the recreational use of cannabis. Many other states followed, and several others already had sufficiently lax medical mariju..

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Sales of Previously Owned Homes Fall to an Almost Two-Year Low

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Sales of previously owned U.S. homes fell for a fourth month in May, receding to the lowest level in nearly two years and underscoring how high prices and a surge in mortgage rates have stifled demand..

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Elon Musk Says Bots Are a Problem for Twitter Deal, Not China

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Elon Musk cautioned there are a number of issues to iron out before he can complete his $44 billion takeover of Twitter Inc., including getting an accurate measure of bots on the social media platform..

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E.U. Aims to Finalize $9.5B Ukraine Loan Package This Week

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The European Union is expected to finalize the details of a 9 billion euro ($9.5 billion) financial package for Ukraine in the coming days to bolster the war-torn nation.

The new macro-financial assi..

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Petrobras Head Resigns as Bolsonaro Rages About Fuel Prices

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Petrobras’s chief executive officer Jose Mauro Coelho resigned following a fuel price increase that has angered President Jair Bolsonaro and prompted calls for a congressional inquiry.

Petroleo Brasi..