Browsing Category:Business

gm-cuts-overtime-shifts-at-two-u-s-truck-plants-due-to-chip-shortage
Line workers work on the chassis of full-size General Motors pickups at the Flint Assembly facility in Flint, Michigan on June 12, 2019.JEFF KOWALSKY / AFP / Getty ImagesGeneral Motors this weekend is cutting overtime production at two U.S. assembly plants that are making highly profitable full-size pickups due to the ongoing shortage of semiconductor chips affecting the global...
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we-asked-congresss-freshmen-to-give-up-stock-trading-few-were-willing
Additional attention in this area is a mutually supportive term at a time when many things are lacking. In June representatives Chip Roy, Republican of Texas, and Abigail Spanberger, Democrat of Virginia, presented the so-called Trust Act.The bill would require their colleagues, spouses and dependent children to use a qualified blind trust, as do Mr Ossoff and Mr...
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alibaba-faces-2-8-billion-fine-from-chinese-regulators
China announced on Saturday that it had fined e-commerce titan Alibaba a record $ 2.8 billion for monopoly business practices. This was the government's toughest move to date in its campaign to tighten regulation of the country's internet giants.Beijing's market watchdog began investigating Alibaba for possible antitrust violations in December, including preventing vendors from selling their goods on...
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levi-strauss-fubotv-honeywell-and-more
A man wears clothing by Levis Strauss & Co. during the company's initial public offering on the New York Stock Exchange (NYSE) in New York, the United States, on Thursday, March 21, 2019.Jeenah Moon | Bloomberg | Getty ImagesCheck out the companies that are making headlines in mid-day trading.Levi Strauss - The retailer's shares rose 2.6% after...
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bidens-china-policy-greater-risk-for-u-s-financial-firms-than-trump
The Fearless Girl sculpture is seen outside the New York Stock Exchange (NYSE) during a snow storm in New York on February 1, 2021.Brendan McDermid | ReutersBEIJING - As US-China tensions continue to ease under a new administration, the risks for American investors with exposure to China will only increase, according to a report by Cowen."We believe President...
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