Despite having been on screen for nearly 30 years, Sandra Oh still had trouble envisioning herself in the title role of "Killing Eve" when she was approached for the pilot.
Zoom in: "It was such a rude awakening because I consider myself someone actually who is seen on screen," the actress said on stage at the 2nd Annual Gold Gala, honoring impact and achievements in the Asian Pacific community.
Leaders from large organizations, including Bain and KKR, are calling for more collaboration to improve the visibility and mobility of Asian American Pacific Islanders.
Why it matters: Americans of Asian heritage, particularly older generations, have been historically less vocal inside their own organizations about being included in diversity initiatives.
The European Union issued its largest fine ever for violations of its data privacy law on Monday, slapping Meta with a $1.3 billion (1.2 billion euro) penalty for transferring the personal data of European users to the U.S., Ireland's Data Protection Commission (DPC) said Monday.
Why it matters: The fine tops the previous largest data privacy fine of 746 million euro against Amazon in 2021 for data protection violations.
Fast-food giant Taco Bell filed legal petitions to “liberate” the trademark “Taco Tuesday” that a small competitor has owned since 1989.
Driving the news: Taco Bell announced on May 16(a Tuesday) they are asking the Trademark Trial and Appeal Board, part of the U.S. Patent and Trademark Office, to cancel the trademark registration that Wyoming-based Taco John’s has owned for the last 34 years.
Inflation cast a dark shadow over Americans across the income spectrum last year, despite an economy that was otherwise healthy and a booming labor market.
That is the message from an annual Fed survey of American households that assesses their economic well-being.
Why it matters: Inflation was the defining feature of the 2022 economy. Consumers assessed their financial well-being as having plummeted, even in the face of the hottest labor market in years.
One of the Fed's most notorious financial statistics is its "$400 emergency expense" question. This year, however, the answers to that question show something important.
Why it matters: For the first time since the survey began, the proportion of Americans who say they would cover a $400 emergency expense completely using cash or its equivalent dropped from the previous year.
That's in large part a function of pandemic-era cash assistance programs ending.
We've all had the dreadful moment of realization that a flight delay is about to become a flight cancellation. That must be how JetBlue is feeling right now about its proposed $3.8 billion takeover of low-cost carrier Spirit Airlines.
Driving the news: A federal judge on Friday ruled that JetBlue and American must dissolve their partnership in the Northeastern U.S., agreeing with the U.S. Justice Department that the alliance is anti-competitive.
Allen & Overy, a London-based law firm founded in 1930, has agreed to merge with New York-based rival Shearman & Sterling.
Why it matters: This would create one of the world's largest law firms, to be called A&O Shearman, with around $3.4 billion in combined revenue and 3,900 attorneys.
Gemini's tussle with Digital Currency Group over debts unpaid appear to be coming to a head.
Driving the news: The crypto exchange founded by Cameron and Tyler Winklevoss said that Barry Silbert's DCG did not pay roughly $630 million due last week, according to a statement published Friday on Gemini's website.
John Thompson's future as Illumina's chairman hangs in the balance this week, as 2023's loudest proxy fight heads to a shareholder vote on Thursday when the health-care technology company's annual meeting begins.
Why it matters: Thursday's vote could alter the make-up of the $32 billion company's board and heap further pressure on the management team as it simultaneously fights an activist investor and faces regulatory heat for an $8 billion acquisition.
Major household brands are positioning their products for discount shelves, as dollar stores continue to pop up around the nation.
The big picture: America's dollar-store chain storefronts steadily increased between 2019-2023, with more than 34,000 in the U.S. last year — exceedingthe total of all McDonalds, Starbucks, Target and Walmart locations in the country combined, per a recent study.
Rent is growing faster than incomes around the country, putting additional pressure on inflation-burdened households.
State of play: The median renter in the U.S. would need to spend 29.6% of their monthly income on an average rent in the first quarter of 2023, per a report from Moody's Analytics.
China's government told operators of "critical information infrastructure" to stop buying Micron Technology's products Sunday and claimed the U.S. chipmaker threatened national security.
Driving the news: The Cyberspace Administration of China's claims, which a U.S. Commerce Department spokesperson in a statement to media Sunday evening said had "no basis in fact," followed a security review of the Idaho-based firm.
President Biden and House Speaker Kevin McCarthy (R-Calif.) will meet Monday to continue debt ceiling negotiations.
Driving the news: Biden said late Sunday that a phone call he'd had with McCarthy about the matter while flying back from the G7 summit in Japan "went well," per a pool report on his return to the White House. McCarthy earlier in the evening described the call as "productive."
