China has applied to join a major Asia-Pacific trade partnership that the United States ditched several years ago, as the world’s second largest economy tries to bolster its relationships in the region. Chinese Commerce Minister Wang Wentao applied for membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to a statement published…… MORE
The troubles of Chinese conglomerate Evergrande have dominated headlines in recent days after it warned once again that it could default on its astronomical debt because of a cash crunch. Experts have characterized the firm’s struggles as a major test for Beijing that risks turning into China’s Lehman Brothers moment, sending shockwaves across the world’s…… MORE
Maintaining a healthy environment during a pandemic without alienating employees and customers who don’t want to wear masks or get vaccinated has been a headache for small business owners. Although everyone has questions about how it will work, some were relieved by President Biden’s announcement last week that employers with 100 or more staff will…… MORE
This week the Wall Street Journal released a series of scathing articles about Facebook, citing leaked internal documents that detail in remarkably frank terms how the company is not only well aware of its platforms’ negative effects on users but also how it has repeatedly failed to address them. There’s a lot to unpack from…… MORE
United Airlines has achieved a high level of compliance with the strict vaccine mandate it set for its 67,000 US employees. But the airline’s CEO doesn’t believe expanding that requirement to passengers is a good idea. United CEO Scott Kirby told CNN that about 90% of the company’s employees have shown proof of their vaccination…… MORE
Sony Pictures Television has bought itself some time to sort out its “Jeopardy!” mess. Mayim Bialik and Ken Jennings, who are both part of the game show’s television family, will host the show “through the end of the calendar year,” Sony said Thursday. This timing will give Sony executives at least a couple of months…… MORE
The implosion of Lehman Brothers, 13 years ago this week, showed how the collapse of a single entity can send shockwaves around the world. Echoes from that event are resounding today as a massive property developer on the other side of the world teeters on the brink of default. The risk is that the collapse…… MORE
Frustrated Tesla owners continue to wait for “full self-driving,” an expensive and long-delayed software feature that isn’t even guaranteed to help their cars’ resale values. Some of the company’s earliest backers of the “full self-driving” option are even beginning to lose faith in the promise of ever enjoying a truly autonomous Tesla. Years-long delays, buggy…… MORE
The United Arab Emirates will pour £10 billion ($13.8 billion) into the United Kingdom over the next five years, as the Gulf state seeks to diversify its economy beyond fossil fuels. The UK Office for Investment and UAE sovereign wealth fund Mubadala announced the investment in a statement on Thursday, saying that it would boost…… MORE
The four people currently in orbit on SpaceX’s Inspiration 4 mission will fly higher than the International Space Station, but that still may not be enough to earn them their official commercial astronaut wings from the federal government. Astronaut wings don’t have any significance beyond their symbolic value, but they are quickly becoming the extraterrestrial…… MORE
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