Business

as Lt. gov. Dan Patrick urged Texas colleges to reject critical race theory, the University of Texas faculty approved a resolution defending their freedom to choose how they teach race. Patrick said he took it as a message to “go to hell.” For his part, Patrick, a Republican, said it’s time to think about holding faculty accountable by targeting one…

Twitter Inc., under new owner Elon Musk, has made deeper cuts to its already radically reduced trust and safety team, which deals with global content moderation, and its hate speech and harassment unit, according to people familiar with the matter. At least a dozen other cuts on Friday night affected workers at the company’s Dublin and Singapore offices, according to…

Elon Musk wants his upcoming Tesla Inc. shareholders fraud trial to be moved out of San Francisco, saying jurors in the region will likely be biased against him because of recent Twitter Inc. firings and “local negativity.” The billionaire, who runs both Tesla and Twitter, suggested the trial be held in west Texas, where Tesla moved its headquarters from northern…

Billionaire Salesforce CEO Marc Benioff often invokes the Hawaiian concept of “ohana” when referring to his company culture. It conveys the idea of ​​family ties that encourage people to take responsibility for one another. After a phone call Thursday with all Salesforce employees, during which Benioff reportedly dodged questions about recently announced layoffs in a rambling two-hour speech, the appropriateness…

Tech companies showcased their latest products this week at CES, formerly known as the Consumer Electronics Show, with new developments in video, as well as lifestyle improvements with beverage and makeup gadgets. Crowds of investors, media and engineers have flocked to Las Vegas’ cavernous venues to see the latest technology from big corporations and startups. The show runs until Sunday.…

But the solution could backfire, cloaking some deceptively unhealthy menu items in an “undeserved halo,” warns one of the study’s authors. Continue reading

Republican Kevin McCarthy achieved his long-held ambition to become speaker of the House early Saturday after crushing a rebellion by conservative GOP hardliners, but at the cost of further weakening his precarious position within a sharply divided party. After the longest run of speaker elections since 1859, McCarthy had 216 votes in the final tally, enough to be elected to…

Disney has had a sweet deal in Florida for decades. It might not be long now. Gov. Ron DeSantis, who is widely expected to run for president next year, deepened his feud with Disney on Friday with a plan to seize control of the board of directors of the company’s sprawling Florida estate — and the entertainment giants to do…

“Every company is a software company.” A shift to this mindset in 2023 would benefit any company in any industry, even if it’s more than 100 years old, according to McKinsey. To remain competitive and thrive in a digital world, traditional companies are realizing they need to look, think and act like a software company. I sat down with Jeremy…

A sharp decline in the M2 measure of US money supply could be good news for policymakers in their efforts to bring high inflation under control, said James Bullard, President of the St. Louis Fed. “M2 exploded during the pandemic and correctly predicted we were going to get inflation, and now if you look at the same chart M2 growth…