China Announces More Support for Economy But Holds Back on Major Spending Package
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NBA returning to China more than five years after Daryl Morey Hong Kong tweet
The National Basketball Association (NBA) will return to China for two preseason games in 2025, more than five years after former Houston Rockets general manager Daryl Morey spurred a break in the ...The Hill - Dec. 6 -
Starmer to launch major government spending review
Ministers told to make their case for money from tight public fundsFinancial Times - Dec. 6 -
Watch live: White House holds briefing as pressure grows on Biden for more pardons
White House press secretary Karine Jean-Pierre will brief the press Friday afternoon as pressure grows on President Biden to issue more pardons before January. Biden seemingly reversed course on ...The Hill - Dec. 6 -
China’s Export Ban on Strategic Minerals Could Hit Tech, Wider Economy
Beijing’s curbs on crucial minerals such as gallium, germanium and antimony needed for computer chip and electronics manufacturing could wreak havoc on supply chains.Inc. - Dec. 6 -
UiPath shares drop as Cathie Wood backed software developer holds guidance
UiPath shares fell in premarket trading as the software developer left its guidance unchanged after beating expectations in the third quarterMarketWatch - Dec. 6 -
China's ban on key high-tech materials could have broad impact on industries, economy
China has banned exports of key materials used for a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded ...ABC News - Dec. 6 -
South Korea's governing party head supports suspending Yoon's powers, making impeachment more likely
South Korea’s governing party chief is expressing support for suspending the constitutional powers of President Yoon Suk Yeol for imposing martial law, in a bombshell reversal that makes Yoon’s ...ABC News - Dec. 6 -
NASA announces more delays in sending astronauts back to the moon more than 50 years after Apollo
NASA announces more delays in sending astronauts back to the moon more than 50 years after ApolloABC News - Dec. 5 -
AP's top songs of 2024: 'Texas Hold 'Em,' 'Not Like Us,' 'Igual Que Un Ángel' and more
Associated Press Music Writer Maria Sherman has chosen 10 of the best songs of 2024ABC News - Dec. 5 -
FirstFT: Bitcoin hits $100,000 on back of Trump support
Also in this newsletter, French parliament removes prime minister and Trump discusses replacing defence secretary pickFinancial Times - Dec. 5 -
Five Below announces new CEO, shares jump on more upbeat outlook, ‘solid Black Friday’
Shares of Five Below Inc. jumped after hours Wednesday after the teen-centric discount chain raised its full-year outlook, citing an “encouraging” Black Friday weekend as it heads into final weeks ...MarketWatch - Dec. 5 -
Far from a bazooka, China's stimulus measures are just trickling through the economy
China's latest efforts to kickstart growth will take time to play out, data and company earnings show.CNBC - Dec. 4 -
My friend declared bankruptcy. Can creditors still go after him for child support, back taxes and student debt?
“Most of those old debts are credit-card debts.”MarketWatch - Dec. 4 -
Congressional GOP offers new proposal on year-end health package
Republicans on Capitol Hill have sent a preliminary offer to Democrats for numerous health care policies to be tacked onto the continuing resolution that lawmakers are moving to complete before the ...The Hill - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
Mattel Sued Over ‘Wicked’ Dolls Packaging Linking to Porn Site
Dolls of characters in the hit movie went to store shelves with an error that send customers to an adult film site, prompting a South Carolina mom to file suit against the toy maker.Inc. - Dec. 4 -
GM expects more than $5 billion impact from China restructuring, including plant closures
General Motors expects a restructuring of its joint venture operations with SAIC Motor in China to cost more than $5 billion in noncash charges and write-downs.CNBC - Dec. 4 -
GM takes more than $5bn charge against China businesses
Move lays bare declining future in what was once the US carmaker’s largest marketFinancial Times - Dec. 4 -
Sean Penn backs Biden's pardon of Hunter, urges more
Sean Penn is defending President Biden's pardon of his son, Hunter Biden, saying the "dangerous clown show" that is the incoming Trump administration created a "change of mind and circumstance" for ...The Hill - Dec. 4 -
GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
Elon Musk’s Tesla pay-package fight is back in the spotlight, but here’s an even bigger issue
With his whopping pay package still tied up in legal limbo, Tesla Chief Executive Elon Musk could begin to push for the controlling stake he once said he wanted in the electric-vehicle maker.MarketWatch - Dec. 4 -
How Bangladesh’s Economy Was Siphoned Dry
Bangladesh’s currency was battered by what the new head of the central bank says was the looting of the banks under the deposed prime minister.The New York Times - Dec. 4 -
Mom sues Mattel over Wicked doll packages with porn site link
Holly Ricketson of South Carolina files proposed class action after daughter shows her hardcore photographs. Mattel was sued on Tuesday by a South Carolina mother for mistakenly putting a link to ...The Guardian - Dec. 4 -
Western businesses in China hold on to hopes for Trump 2.0
Some believe the incoming US president is in a strong position to negotiate a trade deal with BeijingFinancial Times - Dec. 4 -
China bans exports of key high-tech materials, hitting back at US chip sanctions
China has announced a ban on exports to the United States of gallium, germanium and other key high-tech materials with potential military applicationsABC News - Dec. 3 -
Gamers May Spend More Time Watching Games Than Playing Them
Over the last decade, streamers have taken on greater prominence in the gaming landscape and some have even attracted significant fan followings. Now, a new report suggests that players are ...GameSpot - Dec. 3 -
China Announces a Ban on Rare Minerals to the U.S.
The move escalates supply chain warfare and comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.The New York Times - Dec. 3 -
How Amazon Delivers Packages Within A Day
Retailers like Amazon, Walmart and Target have figured out that if they get you your online order today, you will probably spend more tomorrow.The New York Times - Dec. 3 -
Fantasy Football Week 14 Running Back Preview: Waiver adds, deep stashes, starts, sits, and more
Everything you need to know about the running back position in Week 14CBS Sports - Dec. 3 -
Judge reaffirms ruling invalidating massive Tesla pay package for Musk
A Delaware judge on Monday again blocked Elon Musk’s multibillion-dollar pay package from Tesla. The controversial compensation agreement, which is now worth more than $100 billion, was reapproved ...The Hill - Dec. 3 -
Fantasy Baseball Today: Bounce-backs to buy for 2025 include a projected resurgence for Austin Riley, and more
Plus, why Adolis Garcia may be a bounce-back to sellCBS Sports - Dec. 3 -
Delaware Judge Upholds Ruling That Denied Musk Massive Tesla Pay Package
Chancellor Kathaleen St. Jude McCormick cited ‘multiple, material misstatements’ in a company proxy statement as she reaffirmed earlier rulings scrapping the CEO’s $56 billion compensation award.Inc. - Dec. 3 -
Will Elon Musk Ever Collect His Full Tesla Pay Package?
The electric vehicle maker vowed to appeal after a Delaware judge rejected the tech mogul’s massive compensation deal for a second time.The New York Times - Dec. 3 -
Coca-Cola accused of quietly dropping its 25% reusable packaging target
Exclusive: Campaigners say company’s apparent abandoning of 2030 pledge is a ‘masterclass in greenwashing’. Coca-Cola has been accused of quietly abandoning a pledge to achieve a 25% reusable ...The Guardian - Dec. 3 -
These are the worst cities for package theft in 2024
These are the 10 worst cities for package theft in 2024, according to an annual report from SafeWise.The Hill - Dec. 3 -
U.S. announces new export controls on China's chip industry
The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies.NBC News - Dec. 3 -
Old convictions are holding too many back
Criminal records should be reformed to offer employers a better, fairer way to assess potential hiresFinancial Times - Dec. 3 -
Musk's Multibillion-Dollar Pay Package Is Rejected Again by Judge
Tesla’s board had argued that a shareholder vote earlier this year addressed the court’s previous criticisms.The Wall Street Journal - Dec. 2 -
Tesla loses bid to restore Musk’s record $56bn pay package
Delaware judge rejects shareholders’ overwhelming reapproval of award for chief of electric-car makerFinancial Times - Dec. 3 -
Elon Musk’s $56bn Tesla pay package rejected again by US judge
Kathaleen McCormick in Delaware rules Musk not entitled to vast sum despite Tesla shareholders voting to reinstate it. A judge ruled on Monday that Tesla chief executive Elon Musk is still not ...The Guardian - Dec. 2
