Latest in U.S. Blocks Imports From 37 More Chinese Companies Over Forced Labor Concerns
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More than a million Haitians forced from their homes amid gang violence
UN agency says more than half of the displaced people are children, as gang attacks see upswing in Port-au-Prince. More than 1 million people have been forced from their homes in Haiti amid a ...The Guardian - 23h -
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U.S. Companies Cut Diversity Efforts as Challenges Mount
At least six major U.S. companies modified their DEI policies last year.Inc. - 4d -
Women’s Ashes excitement tempered by concerns over congested schedule
Australia and England will have to cram the eagerly anticipated series of three ODIs, three T20s and a four-day Test into three weeks and five cities. England’s last Women’s Ashes win was so long ...The Guardian - 4d -
U.S. adds 256,000 jobs, as Biden leaves Trump with sturdy labor market
President Joe Biden will end his term with a relatively healthy labor market as the U.S. added 256,000 jobs in December and the unemployment rate ticked down to 4.1%.NBC News - 5d -
Falling Chinese bond yields signal concern with deflation
Investors expect price pressures to become entrenched in world’s second-largest economyFinancial Times - 5d -
McConnell: Biden selling out to Big Labor by blocking US Steel deal
Sen. Mitch McConnell (R-Ky.) argued President Biden is selling out to Big Labor by blocking the sale of U.S. Steel to Japanese-owned Nippon Steel. “The Biden administration will leave America’s ...The Hill - 5d -
Fed’s Collins says her concerns about labor-market fragility have decreased
The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, Boston Fed President Susan Collins said Thursday.MarketWatch - 6d -
European imports of liquefied natural gas from Russia at ‘record levels’
Rystad Energy releases data days after Ukraine stopped flows of Russian gas through its pipelines. Europe bought a record amount of liquefied natural gas from Russia last year, data shows, despite ...The Guardian - 6d -
As Bitcoin Booms, More and More Companies Are Taking a Stake
Businesses that have nothing to do with crypto still see BTC as a hedge against inflation or a way to entice investors.Inc. - 6d -
Bitcoin Is Luring More Companies and Their Cash
It is a sharp pivot away from the cautious approach of the traditional corporate treasury, normally charged with safeguarding cash rather than chasing higher returns.The New York Times - 6d -
Shein's Lack of Answers on China Forced-Labor Concerns Angers U.K. Lawmakers
The bargain clothing site, which is seeking a London stock listing, declined to shed light on whether its clothing contains cotton from Xinjiang.The Wall Street Journal - Jan. 7 -
U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.CBS News - Jan. 7 -
Job openings reverse long decline, but the U.S. labor market is still not out of the woods
President-elect Donald Trump is inheriting low unemployment after several years of strong postpandemic hiring, but he’s also confronting a weakening labor market in which fewer jobs are available ...MarketWatch - Jan. 7 -
UK special forces investigated over Libya operation
Members of the Special Boat Service are facing a probe over an operation two years ago.BBC News - Jan. 7 -
Pentagon Labels More Chinese Companies as Military in Nature
Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.The Wall Street Journal - Jan. 7 -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - Jan. 7 -
Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company
Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.CNBC - Jan. 7 -
U.S. records first death from bird flu amid growing concerns
A Louisiana patient hospitalized in critical condition with severe bird flu has died, the state health department said Monday, marking the first U.S. death due to the virus. The patient was older ...The Hill - Jan. 6 -
U.S. Steel and Nippon Sue Biden Over Blocked Merger
The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.The New York Times - Jan. 6 -
U.S. Steel, Nippon Steel sue Biden administration over blocked deal
U.S. Steel and Nippon Steel have filed lawsuits against the Biden admin. after the president blocked their $15 billion acquisition deal. CBS MoneyWatch correspondent Kelly O'Grady has more.CBS News - Jan. 6 -
John Deere unveils more autonomous farm machines to address skill labor shortage
John Deere has revealed a new line of autonomous machines and tech across agriculture, construction and commercial landscaping.VentureBeat - Jan. 6 -
U.S. Steel, Nippon Sue Biden Administration Over Merger Block Decision
The steel makers want a federal court to junk the President’s call to scrap the $14.9 billion merger, saying the national security concerns cited are groundless.Inc. - Jan. 6 -
U.S. Steel, Nippon file lawsuits over Biden's block of merger
U.S. Steel and Nippon Steel filed lawsuits Monday over President Joe Biden's blockage of the Japanese company's proposed takeover of its Pittsburgh-based rival for nearly $15 billion. CBS News ...CBS News - Jan. 6 -
Chinese venture capitalists force failed founders on to debtor blacklist
Pursuit of entrepreneurs threatens start-up ecosystem as investors target personal assets to claw back fundingFinancial Times - Jan. 6 -
Chinese robot vacuum cleaner company reveals model with an AI-powered arm
Chinese robot vacuum cleaner company Roborock says its new model has an artificial intelligence-powered folding arm for removing socks and other obstacles.CNBC - Jan. 5 -
Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.The New York Times - Jan. 5 -
Biden Blocks Sale of U.S. Steel to Nippon Steel
The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.The Wall Street Journal - Jan. 3 -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - Jan. 3 -
Biden blocks Japan's Nippon Steel from $15 billion takeover of U.S. Steel
President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S.NBC News - Jan. 3 -
The Fallout from U.S. Steel
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.The New York Times - Jan. 3 -
Trump’s Falsehoods Aside, China’s Influence Over Global Ports Raises Concerns
The president-elect inaccurately said that Chinese soldiers operate the Panama Canal. But China’s strategic positions in shipping worry Washington officials.The New York Times - Jan. 2 -
U.S. Weighs Ban on Chinese Drones, Citing National Security Concerns
The Commerce Department requested that private companies comment on the implications of the rule by March. The final decision will fall to the Trump administration.The New York Times - Jan. 2 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
Belgium bans disposable vapes as concern grows over e-cigarettes
Experts say crackdowns on single-use products may have limited impact on growing industryFinancial Times - Jan. 1 -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - Jan. 1
