Author: franperez66q@protonmail.com

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Brussels has warned Meta that Instagram and Facebook’s endlessly scrolling feeds may breach the EU’s new content rules, as regulators intensify scrutiny of social media’s impact on children.In preliminary findings issued on Friday, the European Commission said it believed the group had failed to adequately assess and mitigate the risks posed by addictive design features that could have an impact on the physical and mental wellbeing of users, particularly children.The warning comes amid a growing global backlash against Big Tech and the…

Federal Reserve Chairman Kevin Warsh, who is making a point of getting to the point in his new role, did just that in his first news conference as chairman on June 17. “Persistently high prices are a burden for the American people,” he said. But one thing he left out about nationwide inflation is that in some states, prices are much less of a burden than they are in others. The cost of living is an important consideration when companies decide where to do business. A low cost of living can help them attract workers. It also means they might be able to…

Wall St steadies ahead of South Korean chip bellwether SK Hynix’s debut Source link

SK Hynix is set to debut on the Nasdaq on Friday, giving U.S. investors an opportunity to invest directly in South Korea’s second most valuable company. The stock will trade under the ticker symbol SKHYV, and SKHY as of Tuesday. The company’s American depositary receipts, or ADRs, were priced at $149, raising $26.5 billion for its aggressive expansion plans, which includes investing in new factories and equipment.”It’s a kind of dream, and now it’s a dream come true,” SK Hynix Chairman Chey Tae-won told CNBC’s Kristina Partsinevelos on Friday.SK Hynix trails only Samsung by market cap in its home country.…

Acting returning officer Ian Davidson said: “The electoral timetable is set out by law and so we are bound by these dates.”If residents want to have their democratic say then they must be registered, so anyone who wants to vote in the upcoming by-election should make sure they can by registering in time.”You can register to vote online, or you can contact our team who will be happy to help you.”I would also encourage people to check now that they have valid ID to enable them to vote at a polling station; and if they do not, then to apply…

Abivax’s latest funding round allows the biotech to move toward a U.S. launch of its bowel disease drug without backing from Big Pharma, CEO Marc de Garidel told CNBC after months of intense takeover speculation.”Thanks to the cash we raised… We are in a position to have cash until the end of 2029, and … build up the right infrastructure to launch in the U.S.,” de Garidel told CNBC’s “Squawk Box Europe” on Friday.The French clinical-stage biotech, worth nearly 11 billion euros ($12.2 billion), raised $920 million last week after underwriters exercised in full their option to purchase additional American…

U.S. President Donald Trump sits in the Oval Office of the White House in Washington, D.C., U.S., June 26, 2026. Ken Cedeno | ReutersPresident Donald Trump on Friday said he will not sign a bipartisan housing bill that Congress passed last month, in protest of Republicans’ failure to pass a controversial election measure.But the housing affordability bill, dubbed the 21st Century ROAD to Housing Act, is nevertheless set to become law automatically on Saturday — unless Trump vetoes it.The White House, when asked if Trump would veto the bill, referred CNBC to the president’s Truth Social post saying he would not…

SK Hynix options to trade two business days after Nasdaq debut, sources say Source link

Wally Funk, seen at age 21 as a flight instructor, prior to her joining the First Lady Astronaut Trainees or “Mercury 13.” Credit: Wally Funk/Blue Origin Wally Funk, seen at age 21 as a flight instructor, prior to her joining the First Lady Astronaut Trainees or “Mercury 13.” Credit: Wally Funk/Blue Origin Born Mary Wallace Funk on February 1, 1939, in Las Vegas, New Mexico, Funk took up an early interest in aviation. She graduated from Stephens College in Missouri with an Associate of Arts degree and her pilot’s license. She received a Bachelor of Science degree in Secondary Education…

Former Conservative minister turned Reform UK spokeswoman Ann Widdecombe has died aged 78. Source link