Feed Posts

Chinese companies facing pushback in the US are hedging their bets in Hong Kong

Hong Kong’s status as a global business hub has been cast into doubt in recent weeks. But the city has become increasingly attractive to Chinese companies that fear their business prospects in the United States may be in jeopardy. Gaming company NetEase announced plans this week to raise billions of dollars through a secondary listing…MORE

Ex-Joint Chiefs chairman: ‘I’m glad I don’t have to advise this President’

Retired four-star Gen. Richard Myers said Thursday evening that he’s “glad” he doesn’t have to advise President Donald Trump as the President threatens to use the military if violent protests continue. “I’m glad I don’t have to advise this President,” Myers, who was chairman of the Joint Chiefs of Staff under President George W. Bush,…MORE

The charges against 4 officers involved in George Floyd’s death, explained

Now that prosecutors have charged all four officers involved in the arrest that ended in George Floyd’s death, their real work begins: proving them. The charges against Derek Chauvin, the former officer who kept his knee on Floyd’s neck for almost nine minutes, were expanded this week to include the more serious one of second-degree…MORE

‘They died in the exact same way’

Paris (CNN) — The case of Adama TraorĂ© has striking parallels with that of George Floyd. Both were black men whose interactions with police led to their deaths. Both struggled to breathe in their final moments. Their deaths have become rallying points in their countries for protests against police brutality. TraorĂ© died on his 24th…MORE

JCPenney is closing 154 stores this summer

JCPenney is permanently closing 154 stores across 20 states this summer as part of its bankruptcy plan. The company, one of the most high-profile retailers to file for bankruptcy protection after being hit hard by the coronavirus, said it expects store closing sales to last around three months, and it will announce additional closures in…MORE

New York Times says controversial Tom Cotton op-ed did not meet its standards

In a stunning reversal, The New York Times said Thursday evening that a controversial op-ed from Republican Sen. Tom Cotton did not meet its standards. The statement came only hours after the newspaper’s editorial page editor, James Bennet, defended publishing it amid outrage from staff. “We’ve examined the piece and the process leading up to…MORE