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Unlikely savior: Musk's antics give Zuckerberg PR makeover
Unlikely savior: Musk's antics give Zuckerberg PR makeover
by  AFP

After years of bad press and scandal, Mark Zuckerberg is seeing his reputation spruced up in the fickle world of tech, largely thanks to the increasingly unpredictable behavior of Elon Musk. "But it does seem a little bit one-sided" with Musk clearly engaging in "childish behavior," he added.

After spring crisis, US banks face subdued profit outlook
After spring crisis, US banks face subdued profit outlook
by  AFP

The upcoming deluge of US bank earnings is expected to show more pressure on deposits, an uptick in reserves for bad loans and much talk about potential new regulations. "You're going to see some challenges on the earnings picture," said Chris Wolfe, a managing director at Fitch Ratings, who expects banks to set aside greater reserves as households savings erode.

Canada watchdog probes Nike over Uyghur forced labor claims
Canada watchdog probes Nike over Uyghur forced labor claims
by  AFP

Sporting giant Nike and mining company Dynasty Gold are being investigated in Canada over allegations they used forced labor from China's Uyghur minority, a Canadian watchdog announced Tuesday. The second investigation targeting Dynasty Gold alleges that the company "benefited from the use of Uyghur forced labor at a mine in China in which Dynasty Gold holds a majority interest.

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