China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG
The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure
1970-01-01 08:00
Hawaiian Utility Sued by Homeowner Over Lahaina Fire
The Hawaiian power company in the crosshairs after wildfires ripped through parts of Maui faces a new lawsuit
1970-01-01 08:00
Australia Unemployment Rises to 3.7% as Rate Hikes Take Toll
Australia’s unemployment rate rose more than expected in July as the economy surprisingly shed jobs, signaling the labor
1970-01-01 08:00
Judge declines to approve Hyundai/Kia class action settlement, noting weak proposed remedies
A federal judge on Wednesday declined to approve a proposed settlement in a class-action lawsuit prompted by a surge in Hyundai and Kia vehicle thefts, saying it fails to provide “fair and adequate” relief to vehicle owners
1970-01-01 08:00
Change the Channel: Linear TV Viewership Dips Below 50% for First Time
Years of the cord cutting that cable-TV executives used to insist wasn’t really happening have
1970-01-01 08:00
China’s Jewelry Purchases Could Be a Weak Spot for Gold Demand
Chinese gold consumption is likely to be buttressed by financial investors and the central bank, although retail demand
1970-01-01 08:00
Tesla Failed to Fix Autopilot After Fatal Crash, Engineers Say
Tesla Inc. failed to fix limitations in its Autopilot system following a gruesome Florida crash that killed a
1970-01-01 08:00
New Mexico congressman in swing district seeks health care trust for oil field workers
A bill aimed at compensating oil field workers and immediate relatives for uninsured medical costs related to air-pollution and heat-related illness has been introduced by a first-term congressman from New Mexico
1970-01-01 08:00
US to Set Up Hotline With Japan and South Korea, Campbell Says
The US, Japan and South Korea are aiming to establish a three-way hot line following a summit among
1970-01-01 08:00
$3 Narcotic Pill Sold in The Gulf Worries European Officials
Europe is bracing for the possible influx of a drug that’s hooked the Middle East as political shifts
1970-01-01 08:00
Ken Griffin Reshaped Law Banning Chinese Real Estate Purchases
When Florida Governor Ron DeSantis pushed through an anti-China crackdown in his state earlier this year, he won
1970-01-01 08:00
Ex-Anaheim mayor to plead guilty in federal corruption case over Angel Stadium sale
The former mayor of Anaheim has agreed to plead guilty to obstructing an FBI corruption investigation into the $150 million sale of Angel Stadium to the owner of the Major League Baseball team
1970-01-01 08:00