(Bloomberg) — Senator Elizabeth Warren, pressing Federal Reserve Chair Jerome Powell on his record on financial regulation, said she wouldn’t support him for a second term as head of the U.S. central bank — the highest-profile Democrat with a say on his confirmation to come out against him. Most Read from Bloomberg “Your record gives me grave concern,” the Massachusetts Democrat said Tuesday during a Senate Banking Committee hearing. “You have acted to make our banking system less… Source link
Read More »Amid labor strife, Google opposes shareholder call for whistleblower-policy review
After a year of employee strife, regulatory scrutiny and public rancor, Google has asked its shareholders to vote against proposals seeking to examine some of its recurring issues. Alphabet Inc. GOOGL, +0.43% GOOG, +0.49%, Google’s parent company, is asking shareholders at its annual meeting to vote against eight shareholder proposals that seek answers or changes related to content takedowns, anticompetitive actions and… Source link
Read More »David Beckham opposes plan hatched by his former clubs
David Beckham on Monday became the latest prominent soccer figure to oppose a controversial plan announced by 12 elite European clubs to create a breakaway “Super League.” [Related: The European Super League, explained] The plan, which would shake up the sport as we know it, has been widely criticized by almost everybody not in on it, including players, coaches, executives, politicians and fans. Beckham, who played for Manchester United, Real Madrid and AC Milan – three of the 12 Super League… Source link
Read More »Yandex opposes Russia’s move to cap foreign ownership of streaming services at 20%
A draft law proposing to limit foreign shareholdings in Russian companies that offer online video streaming services to 20% could worsen the investment climate, a spokesperson for internet giant Yandex told Reuters on Monday. Russian lawmaker Anton Gorelkin on Friday submitted the draft law to the lower house of parliament, the Duma, saying in a blogpost that new amendments were aimed at protecting the Russian market from “the excessive influence of foreigners”. Yandex, which owns… Source link
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