Biden to renew Jerome Powell as Fed chairman, economists say

[ad_1] Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on Capitol Hill in Washington, United States, December 1, 2020. Susan Walsh / Pool via REUTERS / File Photo BENGALURU / WASHINGTON, July 16 (Reuters) – US President Joe Biden will reappoint current Federal Reserve Chairman Jerome Powell for a second four-year … Read more

Square and Elon Musk’s crypto pop doesn’t fear a Cybertruck flop – CNBC Television

[ad_1] Square’s crypto pop, and Elon Musk isn’t afraid of a Cybertruck flopCNBC Television Musk Provides Cybertruck Design Updates to Tesla (TSLA)Investopedia The two faces of Elon MuskThe Washington Post Comments on “Reviews: I will never understand Tesla fansThe truth about cars Columnist says Tesla is just another automaker, Musk just another billionaireself-evolution See full … Read more

China sends state security officials and police to Didi for cybersecurity investigation

[ad_1] SINGAPORE — China sent regulators, including state security and police officials to Didi Global Inc. HAVE I GOT -3.16% Friday as part of a cybersecurity investigation, the latest development in a regulatory saga that has hit the Chinese tech industry. Regulators from government units, including the Ministry of Public Security, the Ministry of State … Read more

Nabisco plant to close today after 63 years in New Jersey City

[ad_1] Nabsico’s 63-year-old factory at Fair Lawn will be packing its last boxes of sweet treats on Friday. Parent company Mondelez International has confirmed that Friday is the plant’s last day of production, with the majority of the 600 employees having already moved, whether they are retiring, taking jobs at other companies, or relocating within … Read more