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BUSINESS

Beijing’s New Investment Rules Spark Fears of Tighter Capital and Exit Controls

China's leadership has unveiled sweeping new regulations governing overseas investment, in a move that's raising concerns among investors and analysts who see the overhaul as another step toward tighter economic

Baldor BITE 2026 Showcases Premium Food Innovation in New York

Baldor Specialty Foods hosted its biennial, Baldor BITE, event on April 21, 2026, at Basketball City at Pier 36 in New York City. The event gathered thousands of chefs, restaurant
Beijing Tightens Grip on AI Talent, Restricting Travel for Top Researchers
EU Fines Temu €200 Million Over Illegal Products and Safety Violations
China Shuts Down the Last Route for Retail Investors to Buy US Stocks
Propaganda in the AI Era: New Study Warns Biased Training Data Shapes AI Answers
DOJ Charges Chinese Shipping Giants in $35 Billion Global Price-Fixing Scheme
Tesla’s Autonomous Taxi Launch Marks Major Leap Toward AI-Driven Economy
Demand destruction is being tasted by retailers that sell junk such as Target and Walmart, data shows.
Consumer Demand for ‘Crap’ Is Dying, Bloating Retailer Inventories: Analysts
Consumers are buying less and less “crap,” leaving leading U.S. retailers such as Walmart and Target...
Biometric facial recognition payments are replacing cash and card at grocery stores, thanks to a Mastercard initiative piloting first in Brazil.
Biometric Payments Are Replacing Cash and Card at Grocery Stores
The move to eliminate cash and card payments in favor of biometric facial recognition is now formally...
Novavax's more-traditional protein subunit COVID vaccine is also causing myocarditis, FDA documents reveal.
The Novavax Protein Subunit COVID Vaccine Is Causing Heart Inflammation, Too
A new and more traditional type of Coronavirus Disease 2019 (COVID-19) vaccine that will soon be either...
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Tesla’s Shanghai Factory Back to 70 Percent of Pre-Lockdown Levels: Report
Electric auto maker Tesla's Shanghai plant, Gigafactory 3, has brought productivity back to 70 percent...
California Governor Gavin Newsom's all-electric cars by 2035 mandate will put more than half of the state's mechanics out of a job.
Newsom’s Electric Car Mandate Will Put 32,000 Mechanics Out of a Job
California Governor Gavin Newsom’s ambitious plan to transition from combustion engine cars to electric...
Casinos, sportsbooks, and other gambling venues took $5.31 billion out of the US economy in Q1 2022, the most on record.
Americans Lost More Money Gambling In Q1 2022 Than Ever Before
The U.S. gaming industry posted its most profitable Q1 in history this year, states an industry advocacy...
AirBnB to Exit China After Repeated ‘Zero-COVID’ Lockdowns
As Chinese authorities double down on “zero-COVID” policies, Airbnb has decided to close down its business...
Tesla Continues to Grapple With Shanghai Lockdown Under ‘Closed Loop System’
As China continues its crushing lockdown of Shanghai, an increasing number of businesses are reporting...
U.S. Credit card spending and home equity lines of credit are on the rise. But what will the consequences be?
US Credit Card Spending Is Way, Way Up
In March, U.S. credit card debt reached a record-high $52.4 billion, a trend that is supporting consumer...