Facebook Inc. said it will create 10,000 new high-skilled positions in Europe within the next five years as part of the social media giant’s push to develop a metaverse — but the U.K. will miss out.
Target markets for the hiring include the Republic of Ireland, which unlike Northern Ireland remains part of the European Union, as well as Germany, France, Italy, Spain, Poland, a…
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November 2, 2010, is a day that that has been mostly forgotten by history, but that should live in infamy. It was the day when America’s democratic institutions retreated to the sidelines of economic policymaking and largely left the nation’s economic development to the Federal Reserve. The result was a decade of printing money that has primarily benefited the very rich and stoked a…
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The recent uptick in air travel and flight delays have travelers questioning if it’s a good idea to check a bag. Summer vacations, holidays, and weddings have kept airlines and airports busy the past couple of months, with air travel up back to pre-pandemic numbers. More than 2 million people flew out of U.S. airports each day last week, according to the Transportation Security Administra…
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South Korea’s largest private gas provider SK E&S Co. is facing legal action from a climate activist group alleging that it falsely advertised the green credentials of a project in Australia.
Solutions for Our Climate said it’s bringing a claim against SK for labeling liquefied natural gas from its Barossa project off the northern coast of Australia as “CO2-free.&rdq…
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Two Senators sent a letter to Department of Agriculture Secretary Tom Vilsack on Monday demanding answers on the role one of his agency’s analysts had in blocking the Biden administration’s bid to prevent a merger between two of the nation’s largest sugar producers, according to a copy of the letter obtained by TIME.
Barbara Fesco, USDA’s top sugar industry analyst…
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Roman Abramovich is selling his London properties, according to British MP Chris Bryant, and a Swiss billionaire said he’s been approached about buying Chelsea Football Club.
“He’s terrified of being sanctioned, which is why he’s already going to sell his home tomorrow and sell another flat as well,” Bryant, a member of Britain’s opposition Labour Party…
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Operation Varsity Blues, the sprawling federal investigation into a nationwide college admissions bribery scandal that resulted in charges against 57 people—including parents, coaches, and a college admissions consultant, Rick Singer, who masterminded the scheme—revealed to many Americans, for the first time, how high school athletes in even relatively obscure sports like water polo…
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OpenAI Chief Executive Officer Sam Altman said part of the reason for his current tour of European cities is to discover a suitable location for a new office.
“Poland would be an interesting place,” Altman said in an interview Tuesday when asked about European offices. “We want to do a research and engineering office in Europe, not a regulatory one. We are trying to figu…
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Liquor industry leader Ann Mukherjee makes bold moves to fulfill her passionate belief in return on responsibility.
“It’s not enough to be responsible. You have to get a return on it,” says Mukherjee, the 57-year-old chairwoman and CEO of Pernod Ricard North America, the largest operation at the world’s second biggest producer of wine and spirits. It makes Absolut…
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When many companies were trying to get rid of their office space to save money during the pandemic, the architecture and design firm NBBJ was doing the opposite.
It took over the former offices of the clothing company Eileen Fisher in the Flatiron district of New York City and started ripping out walls and creating a 28,000 square foot “living lab”—a space where the comp…
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