Category: Semafor

Enforcement actions and penalties levied by the US Securities and Exchange Commission have fallen to multi-decade lows, reflecting a dramatic pullback by Wall Street’s top watchdog. The agency, which has seen budget and staff reductions under the Trump administration, doled out $1.1 billion in penalties last year, the lowest in ...

, directed by Eric Stange. This week in 1989, the Berlin Wall fell. No single work of history fully encompasses the enormity of the moment, but this 2010 documentary offers a sense of it, combining interviews with George H. W. Bush, Helmut Kohl, and Mikhail Gorbachev alongside “stories of everyday ...

Democrats’ sweep of Congress doesn’t mean a seamless victory for clean energy over the next two years, California Gov. Gavin Newsom warned COP31. “I don’t want to romanticize what this will mean. I don’t expect they’ll do anything but double down,” Newsom said, adding that state and local leaders need ...

African countries want the COP31 climate talks, now underway in Türkiye, to set out how the world will deliver on last year’s pledge to triple adaptation finance designed to help cope with the growing impact of extreme weather events. A large share of the money has previously come from aid ...

Major economies representing 58% of the world’s GDP have adopted at least one measure to restrict the import of clean energy technologies, many targeting Chinese goods, according to data published by the Oxford Climate Policy Monitor. In contrast, a large number of small economies outside China, accounting for about 8% ...

Japanese investor SoftBank reported $3.7 billion hit to its earnings on Tuesday, after cancelling a glut of orders for gas-producing equipment to power the AI hardware buildout that it couldn’t use. The news intensified fears that the AI frenzy that saw hyperscalers take on huge amounts of debt to build ...

The potential ouster of Nvidia’s CEO could lead to a tightening of US controls on the sale of cutting-edge semiconductor technology to China. Jensen Huang has been the most prominent advocate of looser restrictions, a view critics have dismissed as driven by profit rather than national security. Whatever his motivations, ...

The crisis at Nvidia reversed a brief AI-led stocks rally, intensifying worries of the tech bubble bursting. Markets in South Korea and Taiwan — key suppliers of the chips powering the AI buildout — fell, and shares in Nvidia, recently the world’s most valuable company, declined 6% in premarket trading. ...

Europe’s two biggest economies are expected to beat growth forecasts despite economic headwinds, lifting hopes in a continent that has become the poster child for stagnation. The UK on Thursday posted its fastest pace of quarterly growth for years, as AI fed a spending spree and consumers weathered an energy ...

Nvidia’s board weighed dismissing CEO Jensen Huang, a dizzying fall from grace for a titan whose seemingly unassailable position was upended by the scandal surrounding his affair with an alleged Chinese spy. The semiconductor giant has reportedly tapped an outside search firm to find a new CEO to take over; ...