Rishi Sunak joked as he switched on the Christmas tree outside 10 Downing Street that it would be nice to “just click a button” and have everything turn out brighter. It was rare light moment in a week in which the prime minister found himself under fire for both the buttons he pushed and those he couldn’t bring himself to press.
Even before the US government demanded that Binance Holdings Ltd. pay $4.3 billion in fines and accused its founder Changpeng “CZ” Zhao of various crimes, the crypto exchange had been facing significant regulatory challenges globally.
Uber Technologies Inc. has been added to the S&P 500 Index, after reporting two straight quarters of operating profits that have fueled a big rally in the ride-sharing company this year. Jabil Inc. and Builders FirstSource Inc. are set to join too.
The takeover of Everton FC by 777 Partners is facing increasing scrutiny from Premier League officials studying the investment firm’s suitability to own a major football club, according to people familiar with the situation.
The Biden administration released long-awaited rules designed to block electric-vehicle manufacturers from sourcing battery materials from China and other foreign adversaries, while giving automakers some flexibility to comply with the new mandates.
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