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China Says No Bullet Trains, Vacations Or Luxury Stays For Debt Skippers As Delinquency List Soars to 8M

The Chinese government is tightening the noose on debt defaulters, imposing stringent penalties that include restrictions on high-speed rail travel and luxury accommodations. This move is part of a broader crackdown on unpaid bills. read more.....»»

Category: blogSource: benzingaApr 17th, 2024

In the Face of U.S. Ban Threats, TikTok’s Parent Company is More Profitable Than Ever

The Chinese tech giant continues to rake in billions in profits. But a potential U.S. TikTok ban looms. While TikTok faces an uncertain future in the U.S., its Chinese parent company continues to rak.....»»

Category: topSource: timeApr 12th, 2024

Alden closes $633 million purchase of Tribune Publishing; puts newspaper chain in debt and hedge fund president in charge

Alden Global Capital has completed its $633 million purchase of Tribune Publishing, taking the Chicago-based newspaper chain private and adding the Chicago Tribune and other major dailies to the h.....»»

Category: topSource: chicagotribuneMay 25th, 2021

North Texas-based Core-Mark snapped up in $2.5B deal

Performance Food Group plans to purchase Westlake, Texas-based Core-Mark in a stock and cash deal for $2.5 billion......»»

Category: topSource: bizjournalsMay 18th, 2021

: These workers would quit their jobs, but worry about losing health care

People who don’t have health insurance often face barriers to getting care and tend to suffer substantially from medical debt......»»

Category: topSource: marketwatchMay 10th, 2021

Uber And Lyft Now Face Driver Shortages, Biden Unveils More Anti-Business, "Gig Worker" Regulatory Threats

Uber And Lyft Now Face Driver Shortages, Biden Unveils More Anti-Business, 'Gig Worker' Regulatory Threats Update (0915ET): The Biden administration has canceled a signature Trump-era rule that would’ve eased busine.....»»

Category: smallbizSource: nytMay 5th, 2021

China"s new digital currency will be another tool for its police state

Chinese authorities want to have a digital currency in widespread use, but privacy advocates worry.....»»

Category: personnelSource: nytMay 2nd, 2021

MarketWatch Premium: Wary of buying international stocks? At least you no longer need to worry about hedging

New research shows that currency hedging is largely unnecessary......»»

Category: topSource: marketwatchMay 1st, 2021

Bond Report: U.S. Treasury yields tick higher before debt sale

U.S. Treasury yields edged higher on early Wednesday's trade, but largely clung to the floor of its recent trading range ahead of an auction for 20-year government bonds......»»

Category: topSource: marketwatchApr 21st, 2021

Why China ‘Bad Bank’ Huarong’s Fall Is Big Bad News: QuickTake

What happens when a company set up by the Chinese government to help clean up toxic debt in the country’s banking system gets into trouble itself? It seems we’re about to find out. Investors were spooked when China Huarong Asset Management Co.,.....»»

Category: topSource: washpostApr 18th, 2021

Li Auto shares down 4% after debt issuance news

American depositary receipts of Li Auto Inc. fell more than 4% in the extended session Tuesday after the Chinese electric-car maker said it plans on offering up to $750 million in convertible senior notes due in 2028, subject to market condit.....»»

Category: topSource: marketwatchApr 6th, 2021

Moody"s downgrades Duke Energy debt ratings largely on coal-ash concerns

This after Moody’s put Duke Energy ratings under review last month, following the January announcement of a settlement proposed to the N.C. Utilities Commission......»»

Category: topSource: bizjournalsMar 30th, 2021

Applied Materials officially declares Kokusai Electric deal terminated as "timely" Chinese regulatory approval fails to arrive

Applied Materials Inc. announced Monday that its agreement to purchase Kokusai Electric Corp. has terminated because the company didn't obtain approval for the deal by Chinese regulators in time. Applied Materi.....»»

Category: topSource: marketwatchMar 29th, 2021

France Summons Chinese Ambassador After "Small-Time Thug" Insult & Threats

France Summons Chinese Ambassador After "Small-Time Thug" Insult & Threats.....»»

Category: personnelSource: nytMar 23rd, 2021

The week in bankruptcies: Performance Spine and Sports Medicine of Newtown LLC and Wanted Ace LLC.

Philadelphia area bankruptcy courts recorded two business filings - including zero with total debt above $1 million - during the week that ended March 5, 2021. Year to date through March 5, 2021, the court recorded 9 Chapter 7 or Chapter 11 busine.....»»

Category: topSource: bizjournalsMar 12th, 2021

Tesla"s stock swings up after bitcoin purchase disclosure and China regulator summons report

Shares Tesla Inc. seesawed back into positive territory, and was last up 1.7% in premarket trading, after reports about being summoned by Chinese regulators and a disclosure that it bought $1.5 billion worth of bitcoin. The electric vehicle maker also sa.....»»

Category: topSource: marketwatchFeb 8th, 2021

Performance Food Group"s Debt Insights

  Shares of Performance Food Group (NYSE:PFGC) rose by 13.11% in the past three months. Before we understand the importance of debt, let us look at how much debt Performance Food Group has. read more.....»»

Category: blogSource: benzingaFeb 4th, 2021

Market Extra: Chinese bonds attracted record $186.1 billion of inflows in 2020

Overseas investors plowed billions into Chinese bond markets last year, reflecting the growing attractions of its debt to yield-hungry investors......»»

Category: topSource: marketwatchJan 22nd, 2021

Stocks are unlikely to repeat last year"s record-shattering performance in 2021 as a V-shaped recovery is largely priced in, Morgan Stanley says

Mike Wilson said "unprofitable growth stocks with big valuations" may underperform in 2021 during a recent Morgan Stanley podcast episode. Spencer .....»»

Category: topSource: businessinsiderJan 14th, 2021

U.S. bans technology exports to Chinese semiconductor and drone companies, calling them security threats

The Trump administration added China's largest semiconductor maker and dozens of other companies to a trade blacklist, continuing its pressure campaign on Beijing in the final weeks of Trump's presidency......»»

Category: worldSource: nytDec 18th, 2020