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Business News

China Has a Plan for Its Housing Crisis. Here’s Why It’s Not Enough.

24/05/2024 8:05 - A new approach by China’s top leaders is bold but pales against the problem: a vast number of empty apartments no one wants to buy. ...

Germany backs ending EU tax breaks that benefit Temu and Shein

24/05/2024 8:05 - These tax breaks are crucial for Shein and Temu, allowing them to sell clothes, accessories and gadgets at steep discounts compared to their EU competitors. ...

Ether Cryptocurrency ETFs Are Approved by the SEC

24/05/2024 4:05 - The Securities and Exchange Commission gave its blessing to a fund that tracks the price of the most valuable cryptocurrency after Bitcoin. ...

Starwood REIT, Facing a Possible Cash Crunch, Limits Withdrawals

24/05/2024 4:05 - Starwood Real Estate Income Trust is restricting what investors can redeem rather than sell its properties to raise cash. ...

Billie Eilish and Taylor Swift Race for No. 1

24/05/2024 1:05 - The two pop music titans, locked in a close contest for the top of next week’s album chart, are stoking fans’ competitive spirit with a variety of digital tactics. ...

Norfolk Southern to Pay $310 Million Settlement Over Ohio Train Derailment

24/05/2024 0:05 - The railroad company reached an agreement with the federal government to settle claims and costs from the 2023 derailment of a train carrying hazardous materials in the Ohio town. ...

Some iPhone Customers Could Get Up to $349 in an Apple Settlement

23/05/2024 23:05 - A class-action lawsuit about audio issues in iPhone 7 and 7 Plus phones has led to a $35 million settlement, though the company denies the phones were faulty. ...

Ascension Hospitals Reel From Cyberattack, Causing Patient Care Delays

23/05/2024 23:05 - For two weeks at the 140-hospital system, doctors and nurses have had little access to digital records for patient histories, resorting to paper and faxes to treat people. ...

DOJ Sues Ticketmaster Owner, Live Nation, in Antitrust Lawsuit

23/05/2024 23:05 - Accused of violating antitrust laws, Live Nation Entertainment faces a fight that could reshape the multibillion-dollar live music industry. ...

Some Silicon Valley VCs Are Becoming More Conservative

23/05/2024 21:05 - Marc Andreessen, Chamath Palihapitiya and several other tech venture capitalists are increasingly criticizing President Biden and making their disaffection known in an election year. ...


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