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The American Bankers Association on Wednesday criticized the Office of the Comptroller of the Currency’s final GENIUS Act rules, saying stablecoin yield provisions undermine Congress’s intent.
Policy
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Barclays is cutting 5,000 jobs — about 5% of its 93,000-strong global workforce — under cost-cutting plans its bosses say are being driven by advances in artificial intelligence.- Published on
Meta CEO Mark Zuckerberg has agreed to remain in California for eight years, a regulatory filing released Wednesday showed.- Published on
On October 22, Li Changqing, a second-level inspector of the Quality Development Bureau of the State Administration for Market Regulation, said at the 2026 World Intelligent Connected Vehicle Conference that the industry must uphold the unity of innovation-driven development and safety-first principles.- Published on
Tesla’s energy generation and storage revenue fell 16% year over year to $2.88 billion in the third quarter of 2026, even as storage deployments rose 10% to 13.7 GWh.