government policy
Vladimir Putin’s 20-Year March to War in Ukraine—and How the West Mishandled It
In early November, months before the war began, CIA Director William Burns visited Moscow to deliver a warning: The U.S. believed Russian President Vladimir Putin was preparing to invade Ukraine. If he went ahead, he would face crippling sanctions from a united West. The American spy chief was connected on a secure Kremlin phone with …
Ukraine Proposes Neutral Status With Guarantees, and Zelensky Seeks More Western Help
Ukraine and Russia said they made progress in talks to end the war, with Kyiv presenting its proposal for a neutral status and international security guarantees as Moscow continued deadly strikes across Ukraine despite promises to focus its campaign on the eastern Donbas region. Though the latest round of negotiations, opened by Turkish President Recep …
U.S. to Sanction Companies Providing Technology for Russian Military, Intelligence Services
WASHINGTON—The Biden administration is preparing sanctions targeting Russian companies it says provides goods and services for the military and intelligence services, including dual-use components used in weapons proliferation, U.S. officials said. The Treasury Department sanctions, which could be announced as early as next week, come as the U.S. and allies continue to target a range …
Tencent Faces Possible Record Fine for Anti-Money-Laundering Violations
HONG KONG—Chinese technology giant Tencent Holdings Ltd. TCEHY -5.19% is facing a potential record fine for violations of some central bank regulations by its WeChat Pay mobile network, as Beijing toughens its regulations for fintech platforms, according to people familiar with the matter. Financial regulators recently discovered that WeChat Pay had flouted China’s anti-money-laundering rules …
Tesla Failed to Oversee Elon Musk’s Tweets, SEC Argued in Letters
WASHINGTON—Securities regulators told Tesla Inc. TSLA -0.21% last year that Chief Executive Elon Musk’s use of Twitter had twice violated a court-ordered policy requiring his tweets to be preapproved by company lawyers, according to records obtained by The Wall Street Journal. Tesla and the Securities and Exchange Commission settled an enforcement action in 2018 alleging …
Technology stocks lead indexes lower as yields resume climb | National
A man wearing a protective mask walks past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Wednesday, March 3, 2021, in Tokyo. Stocks advanced in Asia on Wednesday after a wobbly day on Wall Street, when the S&P 500 gave back …
Voting-technology company Dominion seeks $1.3 billion in defamation suit against pro-Trump lawyer Sidney Powell
WASHINGTON (AP) — Dominion Voting Systems filed a defamation lawsuit against lawyer Sidney Powell on Friday, seeking at least $1.3 billion for Powell’s “wild accusations” that the company rigged the presidential election for Joe Biden. “Dominion brings this action to set the record straight,” the company said in the suit filed in federal court in …
Tech Giants Face New Rules in Europe, Backed by Huge Fines
European officials want new powers to oversee internal workings at large technology companies such as Facebook Inc., FB -0.56% backed by threats of multibillion-dollar fines, as they seek to expand their role as global tech enforcers. The European Union’s executive arm proposed two bills Tuesday—one focused on illegal content, the other on anticompetitive behavior—that would …
AstraZeneca Agrees to Buy Alexion for $39 Billion
LONDON— AstraZeneca AZN 0.71% PLC said it agreed to buy Boston-based Alexion Pharmaceuticals Inc. ALXN 1.78% for $39 billion in cash and stock, a move that would bolster the British drug giant’s footprint in rare diseases. The deal comes at a pivotal time for AstraZeneca, which is in late-stage development of a leading Covid-19 vaccine …
Janet Yellen is poised to become Treasury secretary in a Biden cabinet — and here’s what that means for cash-strapped American families
In 2014, three months into her four-year tenure leading the Federal Reserve, Janet Yellen was trying to draw an important link for investors, policy makers and community development leaders. “Although we work through financial markets, our goal is to help Main Street, not Wall Street. By keeping interest rates low, we are trying to make …
