Getty Images China has cracked down on businesses including real estate, technology and finance “Now I think about it, I definitely chose the wrong industry.” Xiao Chen*, who works in a private equity firm in China’s financial hub, Shanghai, says he is having a rough year. For his first year in the job, he says … Read more
The government is investigating 37 UK-linked businesses for potentially breaking Russian oil sanctions – but no fines have been handed out so far, the BBC can reveal. Financial sanctions on Russia were introduced by the UK and other Western countries following the invasion of Ukraine in 2022. Conservative shadow foreign office minister Dame Harriett Baldwin … Read more
MEXICO CITY — Mexico has sent 660 soldiers and militarized National Guard officers this month to the western state of Michoacan to protect lime growers who complained they were suffering extortion demands by cartels. The Defense Department said Thursday that since the start of President Claudia Sheinbaum’s administration on Oct. 1, it has sent 300 … Read more
A major meatpacker has recalled nearly 10 million pounds of ready-to-eat beef and poultry items due to worries that they are contaminated with listeria, according to the federal government. BrucePac, the company based in Durant, Okla whose brand names include Urban Bruce and City Grillers, said it was recalling 9,986,245 pounds of ready-to-eat products that … Read more
The number of Americans filing for unemployment benefits last week jumped to its highest level in a year, which analysts are saying is more likely a result of Hurricane Helene — and the Boeing machinist strike — than a broader softening in the labor market. The Labor Department reported Thursday that applications for jobless claims jumped by … Read more
Kamala Harris’ presidential campaign is fighting to distance itself from CBS News’ controversial move to air an edited version of answers to questions she gave in a “60 Minutes” interview that aired this week. In a preview on CBS’ “Face the Nation” on Sunday, the vice president gave a meandering answer to correspondent Bill Whitaker’s … Read more
Delta Air Lines on Thursday warned of a hit to its fourth-quarter revenue, saying consumers want to be home around the upcoming US presidential election and are holding off discretionary spending. Still, the Atlanta-based carrier said the current quarter is shaping up to be one of the most profitable fourth quarters in its history due to … Read more
Domino’s Pizza announced Thursday it fell short of sales estimates in the third quarter as restaurant operators intensified their pursuit for price-conscious customers by doubling down on value offers. The world’s largest pizza chain has revamped its reward program and enhanced its discount offerings, but it still faces challenges from fast-food rivals that can offer … Read more
Former CBS News staffers are demanding an independent investigation into “60 Minutes” over the brewing Kamala Harris interview scandal — even as the network stubbornly digs in its heels and refuses to release the full, unedited transcript, The Post has learned. The long-running news show has come under fire after allegedly cleaning up the Democratic … Read more
Mattel is recalling all models of its Fisher-Price Snuga infant swings after five deaths were reported from suffocation hazards between 2012 and 2022, the consumer protection authority and the toymaker said Thursday. The Snuga Swing, targeted at infants of up to nine months of age, has both front-to-back and side-to-side motions and comes in 21 different … Read more