Business

In Silicon Valley and other tech hubs, companies have long been familiar with the challenge of paying a global network of employees in cash and stock. But as the crypto industry matures, companies must now manage a new type of reward – digital tokens issued by blockchain projects. That’s why Ken O’Friel, a Tokyo-based former equity trader, co-founded Toku, a…

Buttery, soft, oaky. These are attributes of the best bourbons, and a growing cult of aficionados are willing to pay a staggering amount of money — and even bend or break the law — for these increasingly scarce premium American spirits. Premium spirits have always been expensive and sought after. But a surge in interest in high-end bourbon has made…

The people, who were not authorized to speak publicly and spoke on condition of anonymity, said the government decided to roll back testing requirements as cases, hospitalizations and deaths in China decline and the US gathers better information about the surge have. The restrictions were introduced on December 28 and went into effect on January 5 amid a spike in…

Elon Musk is sorry for once. A day after publicly attacking a disabled former Twitter employee, Musk reversed course and rarely apologized. The odd spectacle began when this employee, Haraldur “Halli” Thorleifsson, a well-known designer, became frustrated after being locked out of his work computer for nine days with no message from Twitter’s human resources department. Fearing he’d been laid…

And why no toast? Sunday’s Academy Awards won’t be awarding Best Villain, but if it was, Miles Bron would win it in a snap. (With apologies to the cloud of “no”.) He’s an instantly recognizable guy who we’ve become well acquainted with: a visionary (so everyone says), a social media narcissist, a self-proclaimed disruptor who’s talked about a lot “Breaking…

According to a person familiar with the investigation, the Federal Trade Commission plans to depose Elon Musk as part of its investigation into Twitter, the social media platform Musk bought for $44 billion last year. The FTC deepened an investigation into Twitter’s privacy and data security practices late last year following Musk’s acquisition of the company, Bloomberg reported last year.…

A Missouri law barring local police from enforcing federal gun laws is unconstitutional and void, a federal judge ruled Tuesday. US District Judge Brian Wimes ruled that the 2021 law is preempted by the federal government under the US Constitution’s primacy clause. “At best, this law creates confusion among state law enforcement officers assigned to federal task force operations, and…

When COVID-19 struck, employees around the world were forced to work fully remotely for the first time. But as the pandemic stretches into its third year, vaccines become more widespread and hospitalization rates fall, companies have tried to get employees back to full-time office work. JPMorgan Chase’s Jamie Dimon has insisted that a hybrid style “doesn’t work.” Morgan Stanley CEO…

Federal investigators on Tuesday announced a special investigation into rail operator Norfolk Southern following a fiery derailment on the Ohio-Pennsylvania border in February and several other accidents, including the death of a train attendant just hours earlier on Tuesday. The National Transportation Safety Board said it will take a comprehensive look at the railroad’s safety culture and will send investigation…

A voting tech company suing Fox News argues that Fox Corp. leaders Rupert and Lachlan Murdoch played a leading role in spreading false claims that technology helped shape the 2020 presidential election to former President Donald Trump “to steal”. According to Smartmatic, the Murdochs, as the supreme authorities of the group’s parent company, “directed Fox News Network to accept disinformation…