Key Witness at Sam Bankman-Fried Trial to Launch New Crypto Exchange

A group of former FTX executives, including one who served as a key witness against Sam Bankman-Fried, are teaming up to build a new cryptocurrency exchange that aims to solve the problems that doomed their previous employer. Trek Labs, a Dubai-based startup led by the former FTX general counsel Can Sun, received a license from … Read more

Google Antitrust Trial Exposes Deepening Rift With Microsoft  

Satya Nadella wanted to make nice with longtime rival Google when he became chief executive of Microsoft almost a decade ago. Those days now feel like a distant memory. Google’s antitrust trial in Washington, D.C., has provided a stage for Microsoft to air long-simmering grievances about the search giant’s market dominance. It also has opened a … Read more

Tech, Media & Telecom Roundup: Market Talk

Updated Nov. 8, 2023 4:52 pm ET The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1622 ET – Disney is cutting costs faster than it expected. CEO Bob Iger hinted with third-quarter earnings three months ago that the company was … Read more

Russia Turns to Longtime Arms Customers to Boost War Arsenal 

Listen to article (2 minutes) Russia has sought to retrieve parts from defense systems it had exported to countries such as Pakistan, Egypt, Belarus and Brazil, as it tries to replenish the enormous stocks of weapons being expended for the war in Ukraine. Last April, a delegation of Russian officials visiting Cairo asked Egyptian President … Read more

FDA Expands Recall of Children’s Fruit Pouches Over Possible Lead Contamination

Updated Nov. 7, 2023 8:51 am ET Federal health officials expanded a recall of children’s fruit pouches to include two more brands over fears of possible lead contamination. Grocery store chains Schnucks and Weis Markets were added to the recall after the Food and Drug Administration said certain brand-name cinnamon applesauce pouches sold in their … Read more

U.S. Plans $320 Million Weapons Transfer to Israel as Gaza Toll Mounts

Updated Nov. 6, 2023 4:18 pm ET The Biden administration is planning a $320 million transfer of precision bombs for Israel, arranging a major weapons deal as President Biden and senior officials press Israel to do more to protect civilians in its military campaign in Gaza. The administration sent formal notification on Oct. 31 to … Read more

Elon Musk Says His New AI Bot ‘Grok’ Will Have Sarcasm and Access to X Information

Updated Nov. 4, 2023 1:44 pm ET Elon Musk gave a glimpse of his artificial-intelligence startup’s first product: a bot named Grok whose sense of humor he demonstrated with jokes about Sam Bankman-Fried and how to make cocaine. Musk, with a series of posts late Friday on X, included what he indicated were sample responses … Read more

Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0048 GMT – Oil prices edge higher in early Asian trade amid a broad pick up in risk appetite across markets, ANZ analysts say in an email. The risk on tone is aided … Read more

Toyota Recalls More Than 1.8 Million RAV4 SUVs Over Battery Fire Risk

Updated Nov. 2, 2023 10:29 am ET Toyota Motor is recalling more than 1.8 million RAV4 vehicles over a potential fire risk, the company said. Batteries in certain RAV4 cars from the model years 2013 to 2018 are too small which could cause them to shift during forceful turns and possibly catch fire, the carmaker … Read more

Basic Materials Roundup: Market Talk

Rio Tinto, Suncor and more in the latest Market Talks covering Basic Materials.