She lost more money than anyone on Bloomberg's billionaires list since Covid. China's property crisis is to blame
Yang Huiyan, the chair of real-estate giant Country Garden and one of China's richest women, has lost more wealth than any billionaire in the world in the past two years, Bloomberg reported Wednesday, as her building conglomerate sits on the edge of default.
2023-08-10 06:51
Disney Rises After Hollywood Strikes Save Company $3 Billion
Walt Disney Co. rose more than 6% in extended trading after management of the world’s largest entertainment company
2023-08-10 06:24
The FAA, lacking enough air traffic controllers, will extend limits on New York City-area flights
The Federal Aviation Administration is letting airlines continue to reduce their flights in the New York City area beyond summer and into this fall
2023-08-10 06:19
Biden Narrows China Investment Order as US Seeks Better Ties
President Joe Biden imposed limits on US investments in China as part of a push to restrict the
2023-08-10 05:59
Citadel Securities Boosts Fixed-Income Presence With New Bond Trade
Ken Griffin’s market-making giant is poised to offer trades in zero-coupon Treasuries, as it ramps up its presence
2023-08-10 05:25
Journalists seek regulations to govern fast-moving artificial intelligence technology
News organizations are seeking regulations to govern the fast-moving artificial intelligence technology that threatens upheavals for their businesses
2023-08-10 04:56
An illicit, Chinese-owned lab fueled conspiracy theories. But officials say it posed no danger
The discovery of an illegal medical lab in central California by a code enforcement officer has unleashed an uproar in a rural community and fed anti-Chinese rumors online
2023-08-10 04:28
Biden issues an executive order restricting U.S. investments in Chinese technology
In a sign of growing strains between the world’s two biggest powers, President Joe Biden has signed an executive order to block and regulate U.S.-based investments going toward China for advanced computer chips, micro electronics, quantum information technologies and artificial intelligence
2023-08-10 04:23
Federal trial to decide whether ex-chief of staff lied to protect his boss, Illinois House speaker
A federal prosecutor has told jurors that evidence would show a former chief of staff to longtime Illinois House Speaker Michael Madigan lied to a grand jury to protect his boss
2023-08-10 04:21
AI Lender Upstart’s 445% Rally Fades After Outlook Dampens Frenzy
Upstart Holdings Inc.’s breakneck rally is losing momentum after the lending platform that uses artificial intelligence provided a
2023-08-10 04:15
Norfolk Southern content with minimum safety too often, regulators say after fiery Ohio derailment
Regulators say Norfolk Southern has made improvements since a fiery Ohio derailment but still falls well short of being the “gold standard for safety” it is striving to be
2023-08-10 03:49
Zimbabwe's president tells supporters they will go to heaven if they vote for his party this month
Zimbabwe President Emmerson Mnangagwa has urged thousands of his supporters at a rally to deliver a “thunderous victory” in this month’s national election and proclaimed that “no one will stop us from ruling this country.”
2023-08-10 02:55