Evergrande's bankruptcy may be just the beginning of China's real estate crisis
Evergrande's US bankruptcy serves as a cautionary tale about the growth-at-all-costs model that underpinned China's spectacular growth over the past 30 years.
1970-01-01 08:00
San Francisco launches driverless bus service following robotaxi expansion
San Francisco has launched an autonomous shuttle service less than a week after regulators approved the expansion of robotaxis despite traffic and safety concerns
1970-01-01 08:00
Lamborghini hops on the EV trend, revealing its new all-electric Italian bull
The Lamborghini Lanzador is only a concept car for now, but the Italian supercar maker says it offers a preview of the brand's very first fully electric model which will go into production in 2028.
1970-01-01 08:00
North Carolina laws curtailing transgender rights prompt less backlash than 2016 'bathroom bill'
North Carolina was ground zero in the nationwide fight over transgender rights with the passage of its 2016 “bathroom bill.”
1970-01-01 08:00
US FAA issues 30-day inspection mandate for Pratt & Whitney GTF engines
(Reuters) -The Federal Aviation Administration said on Friday it will require some users of Pratt & Whitney's geared turbofan engine
1970-01-01 08:00
The US is requiring new inspections of some jet engines, another setback for Pratt & Whitney
U.S. regulators are requiring immediate inspections of engines on some Airbus jets
1970-01-01 08:00
Florida ethics commission chair can't work simultaneously for Disney World governing district
The new administrator of Walt Disney World’s governing district can’t continue to work in his new job and be chair of Florida’s ethics commission at the same time
1970-01-01 08:00
House GOP subpoenas Citibank over alleged Jan. 6 'back-channel' cooperation with the FBI
House Judiciary Committee Chairman Jim Jordan has issued a subpoena to Citibank as part of a hunt for information on whether banks shared private customer data with the FBI after the January 6 insurrection.
1970-01-01 08:00
Jumping yields, slumping stocks may boost case for a Fed pause
By Howard Schneider WASHINGTON Rising Treasury bond yields and home mortgage rates may reduce support at the U.S.
1970-01-01 08:00
This twisted hunk of metal that used to be a Ferrari just sold for nearly $2 million. Here's why
A hulk of dented, torn and scorched metal that was, decades ago, a Ferrari race car just sold at an RM Sotheby's auction in California for $1.9 million.
1970-01-01 08:00
What to stream this weekend: 'Monkey King,' Stand Up to Cancer, 'No Hard Feelings,' Madden NFL 24
This week’s new entertainment releases include albums from Irish singer-songwriter Hozier and Idina Menzel, the animated “The Monkey King” from Stephen Chow and Jennifer Lawrence’s R-rated comedy “No Hard Feelings.”
1970-01-01 08:00
Why stock investors are suddenly so scared
Many investors are running a sizable profit this year -- the S&P 500 is about 14% higher in 2023. But market losses have been piling up over the past month, particularly on growing fears of contagion from an economic slowdown in China. Inflation, Russia's war in Ukraine and weakness in America's banks also have Wall Street spooked.
1970-01-01 08:00