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Global investment banks cut jobs in China retreat
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MarketWatch - Business
Open Text to cut 1,200 jobs as part of cost-saving plan
Open Text’s stock rallied Wednesday, after the enterprise-software company disclosed that it was cutting 1,200 jobs as part of a “business optimization” plan aimed at saving about $200 million a year. -
CBS News - Top stories
CDK Global faces multiple lawsuits from dealerships crippled by cyberattack
A number of lawsuits claim CDK was negligent in protecting customer data from cybercriminals. -
CBS News - Top stories
Investing in gold stocks this July? 5 costly mistakes to watch for
Gold stocks could be a good addition to your portfolio, but you'll want to avoid these big mistakes when investing. -
CNBC - Business
Investing in Space: Why military contracts are crucial for space companies
Military contracts often represent "we made it" moments for space companies. -
The New York Times - Lifestyle
All Kings, a Retreat for Men, Tackles Masculine Rage, Sadness and Trauma
After a weekend camping in the woods, a small group of guys — many of them former prisoners — hoped to leave healed. -
Financial Times - Business
Beware shadow banks gobbling up more risk
Policymakers are directly or inadvertently fuelling the rise of the asset manager lender -
The Wall Street Journal - World
China Reopened to Foreign Students. Americans Are Staying Away.
There were more than 11,000 U.S. students in China before the pandemic. Now there may be fewer than 1,000.China -
Financial Times - World
Stifling China’s green energy boom would be a disaster
Does the government in Beijing have the courage to throw its weight behind what business is already doing?China -
The Guardian - World
Cash Out review – John Travolta invests in Fast and Furious style failed-heist caper
Action thriller begins with glossy vibes, but loses the champagne-fuelled aspirations too soon and wastes co-star Kristin Davis. It’s a sad fact that when you sit down in front of a John Travolta movie nowadays, you know you’re not going to ... -
The Hill - Politics
Biden campaign hits Trump over 'Black jobs' remark in new ad
The Biden reelection campaign has launched a new ad hitting former President Trump for his comments about “Black jobs” at the presidential debate. In response to the first 2024 general election debate’s only question regarding Black voters, Trump ...Joe Biden
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Belarus opposition calls for Brussels to protect stateless exiles
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FirstFT: Polls suggest Labour landslide as Britain votes
Also in today’s newsletter, EU tariffs on China EVs kick in and how retail politics revived France’s far right