ASML’s Big Bet on China Is Starting to Backfire Over Data Thefts

(Bloomberg) — In the 10 years that Peter Wennink has run ASML Holding NV, China has gone from a rounding error to the chip-technology company’s third-biggest market. After new revelations about ...

Buy American Trade Plan Could Backfire On U.S. Businesses

Shipping containers in the Port of Los Angeles. (Photo by David McNew/Getty Images) Getty Images In his recent State of the Union speech address, President Joe Biden showcased “Buy American” trade pol...

Salary range disclosures backfire after government push

Some job postings that have surfaced amid California’s push for pay transparency feature quite broad compensation ranges. The pay transparency law, previously known as S.B. 1162, took effect with the ...

New retirement withdrawal rule could backfire in costly way

A new law increasing the age you must withdraw from your retirement accounts may come with some unexpected and expensive consequences. President Biden inked in December pushes the age that retirees mu...

Will The Gamers Backfire Forge The NFT Space or Burn it?

The NFT craze is going on and on despite the fact that the market is having a downturn for a while now. The hype has caught the spark due to blockchain games like The Sandbox, Axie Infinity and more. ...

How Europe’s Natural Gas Price Cap Could Backfire

1. Europe’s Gas Price Cap Might Backfire Soon Price cap – Members of the European Union have agreed to a gas price cap of €180 per MWh (approximately $56 per mmBtu) that could be triggered start...

USMNT Snubs Ricardo Pepi, Zack Steffen Show Leaving MLS For Europe Can Backfire

Ricardo Pepi has been scoring consistently since a loan move to FC Groningen in the Dutch … [+] Eredivisie, but his long struggles following his earlier switch from FC Dallas to FC Augsburg appe...

More Bosses Are Spying on Quiet Quitters. It Could Backfire.

In the battle against “quiet quitting” and other obstacles to productivity in the workplace, companies are increasingly turning to an array of sophisticated tools to watch and analyze how employees do...

China Is Pariah for Global Investors as Xi’s Policies Backfire

(Bloomberg) — After drawing foreign capital into China’s markets for years, President Xi Jinping is now facing the risk of a nasty period of financial de-globalization. Investors point to one ma...

Musk Wants Tesla Workers to Return to the Office. The Move Might Backfire.

Text size Tesla CEO Elon Musk. Maja Hitjj/Getty Images Tesla CEO Elon Musk wants employees to come back to the office—and they will probably listen. The move, however, is not without its risks. On Wed...

JPMorgan and Goldman Sachs are monitoring how often employees are coming into the office—but experts say that approach could backfire

You probably don’t think twice when you swipe your ID badge to get into your office in the morning, but your employer might be paying attention. JPMorgan Chase made headlines in April when Business In...

How The West’s Ban On Russian Gold Could Backfire

Following Russia’s invasion of Ukraine about a month ago, the U.S. and its western allies swiftly imposed a raft of economic and trade sanctions on Russia, notably on buying oil, a partial SWIFT...

Can attacks on OpenSea backfire Ethereum and benefit Solana

The OpenSea CEO on 20 February announced an ongoing investigation for a phishing attack on 32 OpenSea users. Reportedly, $3 million of NFTs have been stolen. It is to be noted that this growing fear o...

Gas Tax Holiday Could Backfire On Democrats

Gasoline prices are displayed at a station Friday, Dec. 10, 2021, in Shoreline, Wash. Prices for … [+] U.S. consumers jumped 7.5% in recent months as surging costs for food, energy, housing, aut...