Wed, Mar 22, 2023, 04:41:20
 
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submitted 2 Weeks ago in Business

The US economy added 311,000 jobs in February, according to the latest monthly employment snapshot from the Bureau of Labor Statistics, released Friday.

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submitted 2 Weeks ago in Business

There's a slight chill running through the US labor market, but the temperature is still too high for the Federal Reserve.

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submitted 2 Weeks ago in Business

Credit Suisse has delayed the publication of its 2022 annual report following a "late call" from the US Securities and Exchange Commission on Wednesday evening.

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submitted 2 Weeks ago in Business

Kakao, one of South Korea's top internet giants, has doubled down on its quest to take control of SM Entertainment, the iconic K-pop music agency.

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submitted 2 Weeks ago in Business

Reddit investors have been the butt of many jokes over the last few years, but could these much-maligned meme traders have the last laugh?

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submitted 2 Weeks ago in Business

The US economy has been remarkably resilient, defying a year's-worth of recession calls. From the labor market to consumer spending to inflation, key readings on the economy have been running hot.

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2

submitted 2 Weeks ago in Business

The Chinese government could use TikTok to control data on millions of people and harness the short-form video app to shape public opinion should China invade Taiwan, FBI Director Christopher Wray told the Senate Intelligence Committee Wednesday.

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submitted 2 Weeks ago in Business

China's outgoing Premier Li Keqiang has announced the country's lowest GDP growth target in decades, highlighting the domestic and global challenges the world's second largest economy still faces despite its decision late last year to ditch draconian anti-Covid...

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submitted 2 Weeks ago in Business

China has set an official economic growth target of "around 5%" for 2023, as it seeks to revive the world's second-largest economy after a year of tepid growth because of pandemic measures.

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submitted 3 Weeks ago in Business

Tesla's next vehicle assembly plant will be in Mexico near Monterrey, CEO Elon Musk announced Wednesday.

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1

submitted 3 Weeks ago in Business

One of China's richest women has fully taken over Country Garden, a top real estate developer, after her father resigned, which added to a string of prominent entrepreneurs retreating from their posts during a historic downturn in the property market.

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1

submitted 3 Weeks ago in Business

Inflation in Europe fell again in February, though not as sharply as expected, and national data showed accelerating price rises in many of the region's top economies.

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submitted 3 Weeks ago in Business

HYBE Chair Bang Si-hyuk dicusses the future of K-pop.

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submitted 3 Weeks ago in Business

The United States on Thursday added two subsidiaries of Chinese genetics company BGI to a trade blacklist over allegations it conducted genetic analysis and surveillance activities for Beijing, which Washington says was used to repress ethnic minorities in China.

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submitted 3 Weeks ago in Business

A conservator at London's Westminster Abbey is carrying out meticulous restoration work on a fragile 700-year-old chair to ensure King Charles III can sit on it at his coronation in May.

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submitted 3 Weeks ago in Business

Egyptian President Abdel Fattah el-Sisi last month sent a message to his Gulf allies. "The most important point here is support from our brothers," he said at the World Government Summit (WGS) in Dubai, where he was guest of honor.

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2

submitted 3 Weeks ago in Business

Nestlé has announced that it will close its sole factory and head office in Yangon, Myanmar's largest city, as it switches to a more "sustainable" business model amid ongoing turmoil in the country.

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submitted 3 Weeks ago in Business

The European Parliament on Tuesday banned TikTok from staff devices over cybersecurity concerns, meaning the Chinese video-sharing app is now barred in all three of the EU's main institutions.

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2

submitted 3 Weeks ago in Business

The breakthrough deal on Northern Ireland's trading arrangements heralds a reset in the often thorny relationship between the United Kingdom and the European Union — and could be the first step to repairing some of the damage Brexit has done to the UK economy.

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submitted 3 Weeks ago in Business

For Ukraine, the year since Russia's invasion has been one of widespread death, destruction and displacement, as millions had their lives changed forever. Americans got off easy by comparison, with most feeling the impact of the war only at the gas pump.

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1

submitted 3 Weeks ago in Business

China, which has declared "no limits" to its friendship with Russia, has thrown the Kremlin an economic lifeline over the past year, tempering the impact of its banishment from the global financial system.

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1

submitted 3 Weeks ago in Business

Former Treasury Secretary Larry Summers said price caps on Russian energy should be stiffened up to maximize the impact of sanctions on the country as the war in Ukraine hits a year.

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2

submitted 3 Weeks ago in Business

Warner Bros. Discovery filed a lawsuit against Paramount Friday, claiming the rival media company breached its half-billion-dollar exclusivity contract with HBO Max by airing "South Park" on its own streaming platform, Paramount+.

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1

submitted 3 Weeks ago in Business

Missing Chinese CEO Bao Fan is cooperating in an investigation by "certain authorities in the People's Republic of China," his company said in a statement Sunday.

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2

submitted 4 Weeks ago in Business

The BBC says it will not be "put off" from reporting in India after the government prevented a documentary critical of Prime Minister Narendra Modi from airing in the country and raided the broadcaster's offices.

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2

submitted 4 Weeks ago in Business

The European Commission has banned TikTok from official devices because of concerns about cybersecurity, a move sharply criticized by the company in its latest run-in with Western governments over how it handles user data.

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1

submitted 4 Weeks ago in Business

Major UK supermarkets have started rationing the sale of some staple fruits and salad vegetables, blaming poor weather that has depressed production in Spain and north Africa.

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1

submitted 1 Month ago in Business

London's mayor has announced an emergency program to provide free meals for all children attending state primary schools in the capital, adding to a string of fresh evidence that Brits are struggling to afford necessities.

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1

submitted 1 Month ago in Business

Microsoft on Thursday said it's looking at ways to rein in its Bing AI chatbot after a number of users highlighted examples of concerning responses from it this week, including confrontational remarks and troubling fantasies.

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submitted 1 Month ago in Business

Amazon is ordering thousands of its workers back to the office for at least three days per week, according to a company memo by CEO Andy Jassy on Friday.

rated 0 times (+0)  (-0) - comments: 0 - hits: 5 - www.cnn.com

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