Business

China Injects $54 Billion Into State Banks and Insurers to Steady Growth

China will inject $54 billion into state banks and insurers, announced September 6, to steady growth and lift equity investment as the economy cools.

Over 5,500 Still Missing in China and Nepal as Flood Toll Passes 1,300

More than 5,500 remain missing in China and Nepal twelve days after floods killed over 1,300, as the UN launches a $50m aid appeal.

Australia Plans Law Letting Users Switch Off Social Media Algorithms

Australians could opt out of social media algorithms under a proposed "digital duty of care" law targeting Meta, Google and TikTok, a minister said Monday.

Anak Krakatau Eruption Cancels Hundreds of Flights at Jakarta Airport

Mount Anak Krakatau's eruption disrupted hundreds of flights across Indonesia, with cancellations at Jakarta's airport stretching into Monday.

US Envoys Hold Substantive Kyiv Talks, But Russia-Ukraine Gaps Persist

US envoys Witkoff and Kushner held substantive talks with Zelenskyy in Kyiv a day after meeting Putin, but core Russia-Ukraine differences remain.

Kohl’s Revitalizes Retail with Babies R Us Shops in Time for Fall

WOODLAND PARK, N.J. — Kohl’s is gearing up for a significant expansion by introducing Babies R Us shops within its stores nationwide, with plans...

Venu Streaming Service to Launch at $43 Per Month, Aimed at Cord-Nevers

This fall, Disney, Fox, and Warner Bros. Discovery are set to launch Venu, a new streaming service priced at $42.99 per month. This pricing...

New Funding Boosts USA Women’s Sports Ahead of 2024 Paris Olympics

The 2024 Paris Olympics are drawing substantial new investments for lesser-known sports and women’s teams, with the USA women’s rugby sevens, water polo, and...

DraftKings Introduces Surcharge on Winning Bets in High-Tax States

DraftKings, a leading mobile betting company, is set to introduce a surcharge on winning bets in states with high sports betting tax rates, aiming...

Jeff Bezos’ Latest Investment Focus: Artificial Intelligence

Jeff Bezos has been making waves with his extravagant purchases, such as a $165 million estate in Los Angeles and a $177 million property...

NASA Debates Returning Astronauts on Boeing’s Starliner Amid Safety Concerns

NASA management is currently in extensive discussions about whether to bring back astronauts Butch Wilmore and Suni Williams on Boeing’s Starliner capsule or use...

Delta CEO Offers Employees Free Travel Passes After Major Disruptions

Delta Air Lines CEO Ed Bastian on Friday extended an offer of two free travel passes to employees in recognition of their efforts during...

Eli Lilly’s Weight Loss and Diabetes Drugs Now Fully Available in U.S.

All doses of Eli Lilly’s highly popular weight loss injection Zepbound and diabetes drug Mounjaro are now available in the U.S., according to a...

Mortgage Rates Drop Significantly Amid Weak Jobs Report

The average rate for the popular 30-year fixed mortgage dropped by 22 basis points to 6.4% on Friday, according to Mortgage News Daily, marking...

WNBA Secures $2.2 Billion Media Rights Deal with Reevaluation Clause

The WNBA’s new media rights deal includes a price reevaluation after the 2028 season to reflect the league’s increasing popularity, according to sources familiar...

Rising Costs and Complexity of Third-Party Food Delivery Services

Food from the restaurant of your choosing, delivered right to your door — but at what cost? Third-party food delivery has become the norm for...

Fast-Food Chains Revive $5 Meal Deals to Attract Budget-Conscious Customers

Subway began phasing out its $5 footlong sandwiches a decade ago. However, fast-food chains are now reviving the $5 price point to attract budget-conscious...

Weilong Delicious Global Holdings Poised for Profit Surge Amid Economic Slowdown

Weilong Delicious Global Holdings, a prominent Chinese snack manufacturer, is poised to attract heightened investor attention following an anticipated profit surge in the first...

Chinese Brands Leverage Paris Summer Olympics to Boost Global Presence

Chinese companies are capitalizing on the Paris Summer Olympics to enhance their brand visibility both domestically and internationally. Among the prominent names, dairy giant...

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