The New York TimesNowU.S. Moves to Block a Popular Tariff-Free Path for Chinese Goodsverified_publisherThe New York Times - Ana SwansonThe Biden administration announced on Friday that it was moving to drastically limit a trade rule that allowed more than a billion packages from China to enter the United States last year without being subject to tariffs. The administration, which has kept stiff levies in place on Chinese products, …
The New York TimesNowChina Fines PwC $62 Million for Botching Its Work for Evergrandeverified_publisherThe New York Times - Alexandra StevensonFor years, the global auditing and consulting firm PriceWaterhouseCoopers was a dominant player in China, helping the country’s biggest companies reap big gains — and enriching itself along the way. Now, it has become targeted in a sweeping crackdown by Beijing that imperils the future of its …
The New York TimesNowDejected Social Media Users Call ‘Garbage Time’ Over China’s Ailing Economyverified_publisherThe New York Times - Yan ZhuangIn basketball and other sports, “garbage time” refers to the lackluster period near the end of a game when one team is so far ahead that a comeback is impossible. Teams sub out their best players, and the contest limps toward its inevitable conclusion. In China, where the internet is heavily …
The New York Times1 hour agoFuture of Murdoch Empire Comes Down to a Court in Nevadaverified_publisherThe New York Times - Jim RutenbergOver the next few weeks, the future course of one of the most powerful media empires on the planet will depend on secret proceedings set to take place inside a domed, Beaux-Arts-style courthouse in downtown Reno, Nev. There the most powerful person in the room will be not the builder of that empire …
The New York Times2 hours agoInside Elon Musk’s Mushrooming Security Apparatusverified_publisherThe New York Times - Kirsten GrindThe day before Elon Musk spoke at a celebration for Tesla’s futuristic Cybertruck pickup in November, a Florida man, Paul Overeem, was arrested near the company’s Austin, Texas, factory and accused by the authorities of planning a “mass casualty event” there. Listen to this article with reporter …
The New York Times2 hours agoStranded in the CrowdStrike Meltdown: ‘No Hotel, No Food, No Assistance’verified_publisherThe New York Times - Christine ChungYoung, old, families, unaccompanied minors, elite status holders, it didn’t seem to matter. No one got a break when the CrowdStrike software outage upended global air travel in July, triggering flight delays and cancellations on multiple carriers that stranded thousands of travelers around the world …
