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Business News

Prosecutors Raid France’s Biggest Banks in Tax Fraud Sweep

29/03/2023 1:03 - The raids were part of a widening investigation spanning four continents and involving dozens of banks in an alleged scheme to avoid paying taxes. ...

Hospitals Are Increasingly Crowded With Kids Who Tried to Harm Themselves, Study Finds

29/03/2023 0:03 - Hospitalizations for pediatric suicidal behavior increased by 163 percent over an 11-year period, an analysis of millions of hospital admissions in the United States found. ...

How Chatbots and Large Language Models, or LLMs, Actually Work

28/03/2023 23:03 - Learning how a “large language model” operates. ...

Alibaba, China’s E-Commerce Giant, Will Split Into 6 Units

28/03/2023 23:03 - The major restructuring, a possible precursor to I.P.O.s, was announced after Jack Ma, its founder, returned to mainland China after a yearlong absence. ...

What’s Hot on TikTok? Defending Its C.E.O.

28/03/2023 22:03 - After lawmakers grilled TikTok’s chief executive last week, the app’s users argued that the platform should not be banned in the United States over national security concerns. ...

FTX’s Sam Bankman-Fried Charged With Bribing Chinese Officials

28/03/2023 21:03 - Federal prosecutors said the FTX founder had instructed employees to pay $40 million to Chinese officials to help unfreeze accounts maintained by FTX’s sister company, Alameda Research. ...

SVB Hearing Takeaways: Bank Failures Spur a Blame Game, But Few Solutions

28/03/2023 21:03 - Senators sharply questioned federal regulators about shortcomings in oversight after two bank failures rattled the financial system. Regulators put the blame on the banks’ management. ...

Carlos Moreno Wanted to Improve Cities. Conspiracy Theorists Are Coming for Him.

28/03/2023 21:03 - Researchers like Carlos Moreno, the professor behind a popular urban planning concept, are struggling with conspiracy theories and death threats. ...

Greece arrests two men suspected of planning attack on Israeli ... - Reuters.com

28/03/2023 20:03 - Greece arrests two men suspected of planning attack on Israeli ...  Reuters.com ...

Congress grilled regulators on their actions before and after the failures.

28/03/2023 20:03 - The bank’s failure sent a shock across the financial system. On Tuesday, senators will grill officials from federal regulators about why it happened. ...


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