Category: Business

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Xiao Jianhua Sentenced to 13 Years for Financial Crimes

Five years after being grabbed from a Hong Kong hotel, Xiao Jianhua, who came to symbolize China’s corporate excess, also faces a hefty fine, as does his company.  » mehr lesen

She Had an AirTag in Her Lost Luggage. It Led Police to a Baggage Handler’s Home.

An airport worker in Florida was charged with two counts of grand theft after a tracking device aided a sheriff’s investigation.  » mehr lesen

Help! I’m 93, My Postponed Cruise Has Been Postponed Again, and I’d Like My Money Back.

A cruise company keeps pushing back its planned journeys, offering credits instead of a refund, and a passenger feels like the ship has sailed on her ability to enjoy a boat trip....

Brian Stelter Leaving CNN After Network Cancels ‘Reliable Sources’

Chris Licht, the new chairman of CNN, has told employees that he is retooling the network’s programming.  » mehr lesen

Why Bed Bath & Beyond Shares Surged This Week, Then Plunged

Trading in the retailer’s stock was turbulent after an investor disclosed a 10 percent stake and then indicated that he wanted to sell.  » mehr lesen

How Dan Price’s Social Media Fame Fueled Abuse Allegations

Dan Price was applauded for paying a minimum salary of $70,000 at his Seattle company and criticizing corporate greed. The adulation helped to hide and enable his behavior.  » mehr lesen

U.S. Home Sales Fell 5.9% in July Amid High Mortgage Rates

Sales of existing homes dropped 5.9 percent last month from June, a slowdown that is expected to drag on the market for the rest of the year.  » mehr lesen

Starbucks Is Ordered to Reinstate Fired Activist Employees

A judge gave the company five days to bring back seven workers who were fired after their efforts to unionize a branch in Memphis.  » mehr lesen

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