Category: Business

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China Evergrande C.E.O. Resigns After Loans Come Under Scrutiny

The resignation was the latest setback for the embattled Chinese property developer, which is expected to announce a plan to restructure its debt of more than $300 billion.  » mehr lesen

In Japan, Abe Suspect’s Grudge Against Unification Church Is a Familiar One

The man accused of killing Shinzo Abe said his mother’s huge donations to the church bankrupted his family. Many others in Japan have similar stories.  » mehr lesen

Solving the Housing Crisis Means Building When No One Is Buying

Right now, builders have too many homes and not enough people to sell them to. In the long term, the United States has the opposite problem: Not enough houses for all the...

Sean Kelly, Early National Lampoon Troublemaker, Dies at 81

He helped set the magazine’s irreverent tone with his pitch-perfect parodies. He also wrote lyrics for the Off Broadway Lampoon show “Lemmings.”  » mehr lesen

America’s Safety Net for Workers Hurt by Globalization Is Falling Apart

A 60-year-old program that provides retraining to workers whose jobs are eliminated because of foreign competition has expired, leaving many at risk.  » mehr lesen

For the Jacob Burns Film Center, a Season of Off Screen Turmoil

The Jacob Burns Film Center in Westchester, a celebrated venue that enjoys backing from cinema’s A-list, has been roiled by the dismissal of one of its original leaders who was accused of...

T-Mobile Reaches $500 Million Settlement in Huge 2021 Data Breach

The company, which said the hacking had affected 76.6 million people, agreed to pay $350 million to settle claims and spend $150 million to bolster security.  » mehr lesen

Vince McMahon, W.W.E. Chairman and CEO, Retires Amid Misconduct Investigation

The company’s leader for 40 years, he was under scrutiny after a report of a $3 million settlement with an employee.  » mehr lesen

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