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Highlights

  1. Samsung Union Workers Launch Indefinite Strike

    The tech giant’s largest union escalated its dispute with management after failing to reach an agreement over pay and working policies.

     By Jin Yu Young and

    Members of the National Samsung Electronics Union protested outside the company’s foundry and semiconductor factory in Hwaseong, South Korea, on Monday.
    Credit
  2. Amazon Says It Reached a Climate Goal Seven Years Early

    The company said it effectively got all of the electricity it used last year from sources that did not produce greenhouse gas emissions. Some experts have faulted the company’s calculations.

     By Ivan Penn and

    An Amazon-owned data center in Ashburn, Va. Data centers run by tech firms are expected to be one of the leading sources of growth in electricity demand for years to come.
    CreditNathan Howard for The New York Times
  3. Powell Welcomes Cooling Inflation but Wants ‘More Good Data’ Before Rate Cut

    Jerome H. Powell, the chair of the Federal Reserve, delivered optimistic remarks to Senators as inflation and the job market slow gently.

     By

    Jerome H. Powell, the Federal Reserve chair, is testifying before the Senate Banking Committee on Tuesday.
    CreditCheriss May for The New York Times
  4. What Happens When Your Bank Isn’t Really a Bank and Your Money Disappears?

    For unsuspecting depositors of online financial start-ups, the unraveling of a little-known intermediary has separated them from their life savings.

     By

    CreditFilip Fröhlich
  5. A Wall Street Law Firm Wants to Define Consequences of Israel Protests

    Sullivan & Cromwell is requiring job applicants to explain their participation in protests. Critics see the policy as a way to silence speech about the war.

     By

    The law firm Sullivan & Cromwell is working with a background check company to scour social media and review news reports and footage from protests for statements or actions about the conflict.
    CreditBing Guan for The New York Times

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  7. CBS News President to Step Down

    Ingrid Ciprian-Matthews, who ascended to the role last year, will be a senior adviser on coverage through the presidential election.

    By John Koblin

     
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  11. DealBook Newsletter

    Powell Cheers Markets Looking for Signs on Rate Cuts

    The S&P 500 winning streak rolled on after the Fed chair made encouraging comments about inflation and the state of the labor market.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  17. Metal Thieves Are Stripping America’s Cities

    Across the country, copper and other valuable materials have been stolen from streetlights, statues and even gravesites, costing millions to repair.

    By Michael Corkery and Mark Abramson

     
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  23. DealBook Newsletter

    Biden Pushes Back Against Big Donors

    The president’s joined a call intended to soothe wealthy backers’ worries and tried to shift the focus to attacking Donald Trump.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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