Category: Business

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TikTok, Shein and Other Companies Distance Themselves From China

Companies are moving headquarters and factories outside the country and cleaving off their Chinese businesses. It’s not clear the strategy will work.  » mehr lesen

Our Golf Reporter Didn’t See the PGA Tour-LIV Golf Deal Coming, Either

The announced deal to drastically change golf took nearly everyone by surprise.  » mehr lesen

Bipartisan Bills Would Change a 100-Year-Old Trade Rule

Critics say the law gives an unfair advantage to e-commerce companies from other countries, including some where forced labor is an issue.  » mehr lesen

Elizabeth Holmes Says She Can’t Afford $250 Payments to Theranos Victims

Elizabeth Holmes, the founder of a blood-testing company, was ordered to pay $250 a month to defrauded investors after her prison term. Her lawyers said she had “limited financial resources.”  » mehr lesen

European Central Bank Raises Interest Rates to Highest Level Since 2001

Inflation is “projected to remain too high for too long,” the central bank said as it raised interest rates by a quarter-point, and signaled more increases may be coming.  » mehr lesen

Live Nation and Other Ticket Giants Promise Transparency on Fees

Live Nation and SeatGeek said they would show customers the full cost of concerts, after the White House’s complaints that “junk fees” for tickets and hotel stays can mislead consumers.  » mehr lesen

How A.I. Is Helping Architects Change Workplace Design

With more hybrid workers and new office needs, firms like Zaha Hadid Architects are turning to artificial intelligence for solutions.  » mehr lesen

Maker of Instant Pot and Pyrex, Instant Brands, Files for Bankruptcy

Since sales surged during the pandemic, Instant Brands has struggled to find new fans for its beloved Instant Pot and other products.  » mehr lesen

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