The cryptocurrency TerraUSD had one job: Maintain its value at $1 per coin. Since it launched in 2020, it had mostly done that, rarely straying more than a fraction of a penny from its intended price. That made it an island of stability, a place where traders and investors could stash their funds in between […]
Facing pressure to cut all ties with Russia—Ukrainian President Volodymyr Zelensky made another such exhortation this week—some U.S. companies continue to employ information technology staff in the region, even as others have shuttered their operations. “Leaving the Russian market is a must,” Mr. Zelensky said, addressing The Wall Street Journal’s CEO Summit in London via […]
The cryptocurrency industry is ramping up efforts to recruit more legal talent as it faces increased regulatory pressure while looking to be accepted by and become part of mainstream finance. Crypto exchanges and companies are poaching attorneys left and right, from both law firms and other crypto companies, bringing them in-house to help navigate an […]
When you think of solar energy, you probably picture the photovoltaic panels that capture sunlight to be converted to electricity. But there are other ways to harness the sun’s power. One method attracting growing interest is called concentrated solar-thermal power, or CSP, which uses mirrors to reflect and concentrate the sun’s energy. CSP has been […]
Tech giants including Apple Inc., Amazon. com Inc. and Microsoft Corp. are among the companies headlining a busy earnings week that comes as investors weigh concerns over rising interest rates, the Russian invasion of Ukraine and surging costs. Overall, about a third of the S&P 500 and nearly half of the Dow Jones Industrial Average […]
Climate experts on a United Nations panel recently expressed concern about the state of climate science, saying the past decade saw the highest average yearly greenhouse-gas emissions from human activities ever recorded. Countries, they said, must make major, rapid shifts away from fossil fuels if they have any hope of meeting goals laid out in […]
An advocacy group this week accused Roblox Corp.’s online gaming platform of deceiving players partly by failing to clearly distinguish marketers’ promotional “advergames” from regular gameplay. “Roblox has failed to establish any meaningful guardrails to ensure compliance with truth in advertising laws,” Truth in Advertising Inc. wrote in a complaint to the Federal Trade Commission, […]
Home Depot Inc. is doubling down on online shopping, curbside pickup apps and other digital efforts that helped propel sales during the Covid-19 pandemic, shifting its veteran chief information officer to a new full-time executive role overseeing customer technology. The home-improvement retailer was an early winner during the pandemic, when locked-down consumers turned to do-it-yourself […]
Cat Contillo remembers how uncomfortable she felt during an office internship a few years ago because of reactions to her masculine outfits and her inability to understand sarcasm. Diagnosed as autistic at 18 years old, she was no fan of the office setting. Now 33, she is thriving in a cybersecurity job, working from home […]
IT’S BEEN A MONTH since we sprang forward, but if you’re still slugging down extra coffee to cope, you’re not alone. Daylight savings is always hard on our bodies, said Dr. Nicole Avena, associate professor of neuroscience at Mount Sinai School of Medicine, but Covid-19 has made the shift more difficult than usual. Dr. Abhinav […]