Fired Chinese Insurance Regulator Charged With Bribery, Abuse of Power
Xiang Junbo was fired last April amid concerns the industry’s sizzling expansion had saddled the financial system with risk......»»
A NASA scientist was charged with lying to the FBI about participating in a Chinese government recruitment program
Meyya Meyyappan, 66, was a member of China's Thousand Talents Program, a Chinese government group that recruits international scientific experts. Aerial views of the Ames Research Center, NASA Research Park, and Moffett Airfield in C.....»»
Why China Is Falling Out With Australia
China and Australia have become embroiled in a deepening political spat that is spilling over into trade. Even with some Chinese cities suffering power blackouts in December, the Beijing authorities continued to block coal shipments from Austr.....»»
Suburban tech CEO charged in federal court after US Capitol siege. Local tattoo artist among those also arrested. Real estate agent fired.
A suburban tech company executive who was among dozens of people arrested Wednesday in Washingto.....»»
China’s Finance World Opens Up to Foreigners, Sort Of
Even as the trade war was crimping the flow of goods between the U.S. and China, the Chinese government was opening doors in another arena, inviting in more foreign banks, insurance providers and other financial services companies. China has a.....»»
The Moneyist: My sister became my father’s power of attorney, took out a reverse mortgage on his home, and installed a security camera to monitor visitors
‘Her son went to rehab, which must have been expensive since he had no job and no insurance.’.....»»
"A bald-faced, bold abuse of power": Kamala Harris slams Trump"s phone call urging Georgia GOP official to overturn the election
Vice President-elect Kamala Harris on Sunday said President Donald Trump's recorded phone call with a Georgia official was "the voice of desperation." Vi.....»»
: Alibaba shares sink in Hong Kong as China launches antitrust probe
AFP/Getty ImagesBEIJING — Chinese regulator launches anti-monopoly probe of e-commer.....»»
Texas leading states in new antitrust action against Google
The lawsuit, filed on Wednesday with the United States District Court for the Eastern District of Texas, seeks to "remove the veil of Google’s secret practices and end Google’s abuse of its monopoly power in online advertising m.....»»
Alibaba Fined By China Over Improper Reporting Of Intime Purchase
Alibaba Group Holding Ltd (NYSE: BABA) has been fined by the Chinese market regulator for not reporting past deals properly, Reuters reported Monday (Shanghai time). read more.....»»
Luckin Coffee sacks CEO, COO for alleged fraud
Chinese coffee chain Luckin Coffee Inc fired its chief executive and chief operating officers following an internal probe on fabrication of annual sales numbers, the company said on Tuesday......»»
WeWork"s Adam Neumann once said he had a "beautiful relationship" with SoftBank"s Masa Son; now he calls out "abuse of power" in lawsuit filing
In the lawsuit.....»»
WeWork co-founder sues SoftBank over failed deal
WeWork co-founder Adam Neumann has accused one-time ally Softbank of abuse of power, filing a lawsuit against the company on Monday for pulling a deal to buy $3 billion of WeWork's shares from investors. Gloria Tso reports......»»
WeWork co-founder sues SoftBank over alleged abuse of power, FT says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
American Power Grid "Vulnerable" To Chinese Cyberattacks, Navarro Warns
American Power Grid 'Vulnerable' To Chinese Cyberattacks, Navarro Warns .....»»
Luckin Coffee Raided By Chinese Market Regulators Following Fraud Scandal
Luckin Coffee Inc. (NASDAQ: LK) has confirmed the company is under investigation by a Chinese regulator. read more.....»»
Coronavirus-related discounts and refunds on auto insurance are actually making people more likely to switch insurers, according to J.D. Power
Jeff Chiu/AP Photo Discounts and relief offers from auto-insurance companies might not be enough for customers to remain with one insurance company or plan, a new J.D. Power study shows. Due to the economic uncertainty during the COVID-19 pande.....»»
U.S. securities regulator warns investors over Chinese company disclosures
The head of the U.S. securities regulator on Wednesday warned investors against putting money into Chinese companies as they rebalance their portfolios following market turmoil due to ongoing problems with those companies' disclosures......»»
New York charges Mallinckrodt with insurance fraud related to opioids
New York state charged Mallinckrodt Plc on Tuesday with insurance fraud for misrepresenting the safety and efficacy of its opioid drugs, leading to medically unnecessary prescriptions......»»
"They"re interested in power:" Obama tears into Republicans for kicking millions of people off their health insurance and denying the science behind pandemics
AP Photo/Evan Vucci Obama had some of his harshest criticism yet for Republicans and Trump during his endorsement video of Biden on Monday. The former president said Republicans were o.....»»
China probes alleged fraud at Luckin Coffee, banks review IPO work
China's securities regulator said on Friday it would investigate claims of fraud at Luckin Coffee Inc and sources said some of the banks involved in the Chinese chain's successful U.S. IPO last year were reviewing their work in the listing......»»