Intel Scraps Tower Acquisition After China Fails to Approve Deal
Intel had agreed in February 2022 to buy the Israeli chip maker for more than $5 billion. #press
What's News: World-Wide
What’s News: World-Wide #press
https://www.wsj.com/articles/whats-news-world-wide-be88e772?utm_source=press.coop
New Zealand Keeps Official Cash Rate on Hold
The Reserve Bank of New Zealand left interest rates unchanged as expected at a policy meeting, while indicating that interest rates will need to stay high for some time yet. #press
Most Asian Currencies Weaken Amid Risk-Off Sentiment
Most Asian currencies weakened against the dollar in early trade amid risk-off sentiment driven by losses across regional equity markets. #press
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Biology vs. willpower: The obesity debate is over #press
https://www.wsj.com/articles/more-amp-raquo-6f965845?utm_source=press.coop
Corrections & Amplifications
Corrections & Amplifications for the edition of Aug. 16, 2023 #press
https://www.wsj.com/articles/corrections-amplifications-2d799ed5?utm_source=press.coop
China's Young, Restless---and Jobless
Beijing won’t publish youth unemployment data as it grows worse. #press
'Blind Side' Family Calls Former NFL Player's Claims a 'Shakedown'
In response to an explosive petition filed by Michael Oher, an attorney for the Tuohy family that took him in as a teenager called his allegations “hurtful and absurd.” #press
The Military Recruiting Crisis and Gen Z
Students discuss enlisting and serving in the armed forces. #press
Rent Control Is Constitutionally Vulnerable
New York’s 2019 law is so onerous that the Supreme Court may revisit the issue for the first time in years. #press
Glimmerglass Festival Review: From Baroque to Bernstein
In its first season under director Rob Ainsley, the upstate New York opera festival counted among its offerings a riveting rendition of Handel’s ‘Rinaldo’ and a vivid staging of ‘Candide.’ #press
In the Can (Wednesday Crossword, August 16) #press
https://www.wsj.com/articles/in-the-can-wednesday-crossword-august-16-36301011?utm_source=press.coop
Inotiv Faces SEC Probe on Imports of Monkeys From Asia
The drug testing company said it is cooperating with the investigation, which is looking at possible violations of the Foreign Corrupt Practices Act. #press
Israeli AI Startup Vesttoo Files for Bankruptcy Following Fraud Allegations
The Tel Aviv-based company claims that third-party banks and financial institutions caused its financial and legal crisis. #press
Court Fight Leaves Hunter Biden in Deeper Legal Jeopardy
Prosecutors contest the defense’s claim that they reneged on a plea deal and signal the prospect of new legal action against the president’s son. #press
Movie Financier TSG Accuses Disney of Depriving It of Millions of Dollars
TSG Entertainment, which helped co-finance hits including “Avatar: The Way of Water” and the “Deadpool” franchise for Twentieth Century Fox, is suing the studio and its parent company Disney for breach of contract. #press
Former FBI Agent Charles McGonigal Pleads Guilty to Helping Russian Oligarch
Former counterintelligence chief said he accepted secret payments from sanctioned billionaire Oleg Deripaska. #press
Joe Jonas and Sophie Turner Get $15 Million for Miami Mansion
The pop star and actress paid $11 million for the waterfront house in 2021. #press
U.S. Consumer Strength Keeps Rate Increase on Table
Stronger-than-expected July retail sales raise the odds the Federal Reserve might not be done raising interest rates, Oanda senior market analyst Edward Moya writes in a report. #press
My Experiment With Audiobooks
It was a costly failure. Stick with the real thing. #press