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Olie D'Albertanson

Latest from Olie D'Albertanson

  • In U.S. Steel sale, does the union get a say?
    Drew Angerer/Getty Images

    The union says yes, U.S. Steel says not quite. Plus, Subway sold to a private equity firm and ESPN might soon be streamable without cable.

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  • Big tech will be subject to new EU regulations from today
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    The European Union’s Digital Services Act is coming into force today and some of the world’s tech giants will be directly affected. The world’s largest computer and video games festival, Games Com is wrapping up this weekend and a lot of the talk’s been about nostalgic titles and the possible take over of Activision Blizzard by Microsoft. The international leg of Taylor Swift’s Eras tour has kicked off in Mexico City. She’s on track to make one billion dollars from the tour, which would make it the highest-grossing series of concerts in history.

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  • New York City’s Airbnb crackdown is coming
    Anthony Devlin/ Getty Images

    Starting in early September, New York City is going to get a lot more aggressive about cracking down on Airbnb.

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  • A new plan to prevent airplane collisions
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    The FAA is spending $120 million to help reduce the risk of collisions on airport runways.

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  • A South Korean man at the Japanese embassy in Seoul, protests over the Fukushima water release.
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    Japan has started to release radioactive water from its stricken Fukushima nuclear plant into the Pacific Ocean, sparking protests domestically and internationally. India’s moon rover has taken its first steps on the lunar surface a day after the country made history by becoming the first to land near the south pole. How much trouble is China’s economy in? Prices have begun falling, exports are down and youth unemployment has risen above 21%

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  • Tech stocks rally, thanks to AI
    Justin Sullivan/Getty Images

    Chip maker NVIDIA’s stocks have already risen 220% this year. What next? Plus, political turmoil could cause some Israelis to emigrate.

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  • Writer’s strike update
    Angela Weiss/AFP via Getty Images

    Over 100 days in, the WGA isn’t close to having a new contract. Plus, China’s property crisis has saddled local governments with enormous amounts of debt.

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  • India has imposed a 40% export duty on onions
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    From the BBC World Service: India, the world’s largest onion exporter, has imposed a 40% export duty on onions. It’s an attempt to improve domestic availability and rein in soaring food price inflation. Israel’s political lurch to the right and its controversial plans to overhaul the justice system could be starting to have a direct impact on its population, with one in three Israelis now thinking of emigrating. India could make history if its third lunar mission successfully touches down near the moon’s south pole.

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  • Could there be an AI bubble?
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    Investors are piling money on new generative AI firms. How much is too much? Plus, the state of the Microsoft Activision acquisition in the U.K.

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  • At AMC, no more “preferred” stocks
    Justin Sullivan/Getty Images

    The movie theater chain is consolidating their stocks in an unusual move that could dilute value but help with raising revenue. Plus, semiconductor chips.

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Olie D'Albertanson