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No Longer at Starbucks Helm, Howard Schultz Is the Focus at Labor Hearing

After giving up the chief executive’s job (again), Mr. Schultz still casts a long shadow over Starbucks’ policy, not least in fighting unionization.  » mehr lesen

China’s Cities Are Buried in Debt, but They Keep Shoveling It On

China has long pursued growth by public spending, even after the payoff has faded. Cities stuck with the bill are still spending — and cutting essential services.  » mehr lesen

U.S. and Japan Reach Deal on Battery Minerals

While the terms of the deal are limited, the agreement appears to provide a model for resolving recent trade spats between the United States and some of its closest allies.  » mehr lesen

After Doling Out Huge Loans, China Is Now Bailing Out Countries

Beijing is emerging as a new heavyweight in providing emergency funds to debt-ridden countries, catching up to the I.M.F. as a lender of last resort.  » mehr lesen

United Auto Workers Usher In New Era of Leadership

Shawn Fain, who ousted the incumbent president, is presiding over a convention to chart the union’s approach in contract talks this year.  » mehr lesen

Gladys Kessler, Judge Who Curbed Deceptive Tobacco Ads, Dies at 85

In a landmark case, she ruled in 2006 that cigarette companies had been deceiving the public about the health hazards of smoking, violating racketeering laws.  » mehr lesen

Global Economy May Be in a ‘Lost Decade,’ World Bank Warns

Adding to crises like the pandemic, recent stress in the banking system is a new threat to world growth, experts at the organization said.  » mehr lesen

Fed Vice Chair Calls Silicon Valley Bank a ‘Textbook Case of Mismanagement’

The Federal Reserve’s top bank cop blamed Silicon Valley Bank’s leaders, while previewing the cental bank’s review of its faulty oversight.  » mehr lesen

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