President Joe Biden is considering nominating Michigan State University economist Lisa Cook to the Federal Reserve Board, Axios reported late Wednesday. Cook would be the first Black woman on the Fed board.
As Uber Technologies Inc.’s core rides business suffered again during the pandemic, company executives made some intriguing statements on Wednesday, including the possibility of licensing its technology to its taxi and transit rivals.
An executive at Tencent Holdings Ltd., China’s most valuable publicly listed company, has been held by Chinese authorities, part of a probe into a high-profile corruption case involving one of the country’s former top law-enforcement officials, people familiar with the matter said.