By Joe Cash BEIJING (Reuters) – China’s government devoted the week to a red carpet welcome for foreign executives to try to halt a retreat in corporate investment from a market once seen as the engine of global growth. But many executives leave China with a shared caution: while things may not be getting worse, […]
(Bloomberg) — President Xi Jinping met with a group of American business executives in Beijing including Blackstone’s Stephen Schwarzman and Qualcomm Inc.’s Cristiano Amon as China is seeking to restore confidence in the economy and keep relations with the US on a stable footing. Most Read from Bloomberg The Chinese leader on Wednesday met with […]
FRESNO COUNTY, Calif. (KSEE/KGPE) – Fresno County District Attorney Lisa Smittcamp opened up on Monday about why she supports Valley Children’s CEO Todd Suntrapak’s over $5 million salary and $5 million forgivable home loan. “We have a world-class hospital right here in the Central Valley because it is managed by a world-class administrative staff,” Smittcamp […]
SYDNEY (Reuters) -Australia’s housing shortage may be driving prices higher but is locking out first-time homeowners and migrants needed to fill skills shortages across the country, the CEOs of Australia’s three largest banks said on Tuesday. After years of ultra-low interest rates pushed home prices higher, Australia faces a long-term drop in the number of […]
BEIJING (Reuters) -China will carefully study issues of market access and cross-border data flows and will soon issue new regulations in these areas, Premier Li Qiang told an audience of global CEOs and Chinese policymakers on Sunday. “We cordially welcome companies from all countries to invest in China and deepen their foothold in China,” Li […]
By Colleen Howe and Jing Xu BEIJING (Reuters) -China needs to “reinvent itself” with economic policies to speed resolution of its property market crisis and boost domestic consumption and productivity, the International Monetary Fund’s Managing Director Kristalina Georgieva said on Sunday. “China faces a fork in the road — rely on the policies that have […]
BEIJING/HONG KONG (Reuters) -Chinese Premier Li Qiang does not intend to hold a meeting with visiting foreign CEOs at the upcoming China Development Forum (CDF) in late March, three sources briefed on the matter said, raising concerns about Beijing’s commitment to attract investment from abroad at a time of souring sentiment. Organised annually by Beijing […]
Mar. 6—The Connecticut Conference of Municipalities on Wednesday launched a new commission aimed at marshaling expert resources to assist the troubling number of youths in the state without clear educational or career options. Members of CCM’s 119K Commission on At-Risk and Disconnected Youth, including New London Mayor Michael Passero and Stonington First Selectman Danielle Chesebrough, […]
When a first impression mattered – senior prom, dinner with her parents, a wedding, a grand vacation, a new job – four generations of sharp-dressed Raleigh men knew there was one shop where they could get it all. From cuff links to cummerbunds, boat shoes to bison-leather belts, Nowell’s Clothiers had it, and the shop’s […]
(Bloomberg) — SoftBank Group Corp.’s stock rose as founder Masayoshi Son considers the creation of a $100 billion chip venture that would supply AI-enabling semiconductors. Most Read from Bloomberg Shares in the Tokyo-based tech investor gained as much as 3.2% after Bloomberg News reported the 66-year-old billionaire is seeking funding for a foray into AI […]
The 19-year-old son of former YouTube CEO Susan Wojcicki was found dead at the University of California, Berkeley, on Tuesday, his grandmother said on Facebook. A student who lived at the Clark Kerr Campus — a student housing complex — was found unresponsive Tuesday at about 4:23 p.m. local time, UC Berkeley spokesperson Janet Gilmore […]
Warren Buffett, the esteemed billionaire investor and head of Berkshire Hathaway Inc., once made a strategic acquisition that underscores the value of entrepreneurial spirit and shrewd business acumen. In 1983, Buffett purchased 90% of Nebraska Furniture Mart (NFM), a company started with a $500 investment, for approximately $60 million. The founder of NFM, Rose “Mrs. […]