China likely needs more than rate cuts to boost economic growth

More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of…

FTX fraudster Caroline Ellison sentenced to 2 years in prison, ordered to forfeit $11 billion

Caroline Ellison, who headed a hedge fund affiliated with doomed crypto exchange FTX, testified against her former boyfriend Sam Bankman-Fried…

Boeing sweetens labor proposal in ‘best and final’ offer as strike enters second week

The new offer includes higher pay raises, reinstated annual bonuses and an increased ratification bonus, among other changes, Boeing said…

China’s youth unemployment hits fresh high amid economic slowdown and restrictive hiring policies

The jobless rate for people in China ages 16 to 24, and not in school, rose to 18.8% last month.…

India rules out joining world’s largest trade deal, accuses China of ‘very opaque’ trade practices

The RCEP is the world's largest free trade agreement by GDP of its members. ...

Intel’s wild week leaves Wall Street more uncertain than ever about chipmaker’s future

Intel still makes the majority of processors at the heart of PCs, laptops, and servers, but that's not enough to…

Boeing machinists on picket lines prepare for lengthy strike: ‘I can last as long as it takes’

More than 30,000 Boeing machinists walked off the job Sept. 13. At a local union office outside Seattle, they prepared…

Qualcomm recently approached Intel about a possible takeover

If Qualcomm were to acquire Intel, it would be one of the largest technology deals on record, but would first…

Apple iPhone 16, Apple Watch Series 10 and AirPods 4 debut around the world

Apple greeted customers at its stores around the world on Friday, for the debuts of the iPhone 16, Apple Watch…

Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill

Nike CEO John Donahoe will retire from the company in October. He will be replaced by company veteran Elliott Hill.…

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