H&M Battered With Criticism in China Over Xinjiang Forced-Labor Stance
HONG KONG—The world’s largest clothing brand, Hennes & Mauritz AB’s H&M, is under assault in China, one of its biggest...
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EU Proposes to Make It Easier to Ban Vaccine Exports
BRUSSELS—The European Union is set to put in place a plan that would make it easier for the bloc’s governments...
Blockchain.com Raises $300 Million as Investors Find Other Ways Into Bitcoin
Blockchain.com, a London-based firm that provides a variety of cryptocurrency services to retail and institutional clients, raised $300 million in...
Intel CEO Presses Turnaround Effort With $20 Billion Investment Plan
Intel Corp.’s chief executive is fast-tracking efforts to revive the semiconductor giant with a broad plan that mixes increased outsourcing...
Powell Says Stimulus Package Isn’t Likely to Fuel Unwelcome Inflation
WASHINGTON—Federal Reserve Chairman Jerome Powell told lawmakers Tuesday he doesn’t expect the $1.9 trillion stimulus package will lead to an...
U.S. Health Officials Raise Concerns Over AstraZeneca Vaccine Data
U.S. officials said early Tuesday they had been told AstraZeneca PLC may have released outdated information in its disclosure of...
Jack Dorsey’s First Tweet Sells as NFT for $2.9 Million
The first tweet that Twitter Inc. Chief Executive Jack Dorsey posted to the microblogging site in 2006 has sold as...
Tight Supply is Limiting Home Sales at Start of Spring
The record-low number of homes on the market is limiting purchases heading into the spring selling season. Home sales typically...
Japan Charges Father-Son Team With Aiding Ghosn Escape
TOKYO—Japanese prosecutors charged an American father-son team with assisting Carlos Ghosn, the former Nissan Motor Co. and Renault SA chairman,...
AstraZeneca’s Covid-19 Vaccine Is Safe, 79% Effective in Late-Stage U.S. Trials
AstraZeneca AZN -0.24% PLC’s Covid-19 vaccine was shown to be safe and 79% effective in preventing symptomatic disease in U.S....
Blackstone Bids to Buy Australia’s Crown Resorts
SYDNEY— Blackstone Group Inc. BX -0.77% made a takeover offer for Australian casino operator Crown Resorts Ltd. CWN 20.08% valued...
Movie Fans Returning to Los Angeles Theaters Find Thrill in Just Showing Up
LOS ANGELES—Film buffs flocked into Los Angeles-area theaters this weekend, eager to turn the page on the pandemic that forced...
The Places You Can’t Fly to Anymore
The pandemic has created a less-connected world. Here’s a snapshot of two days, a year apart. Source link
Fed’s Reversal on Bank Capital Requirements Serves No Purpose
Since the financial crisis more than a decade ago, the general attitude about bank capital has been that there is...
As U.S. Economic Outlook Brightens, Europe Fears a Cloudy Summer
A rapid Covid-19 vaccination campaign in the U.S. holds the promise that millions of Americans can return to beach vacations,...
Plastic Straws That Quickly Biodegrade in the Ocean? Not Quite, Scientists Say
Imagine you’re walking along a beach sipping a cool lemonade. When you finish, there’s no trash can in sight, so...
How Pinduoduo Beat Alibaba to Become China’s Top Shopping Site
SHANGHAI—A five-year-old e-commerce app that turned discount shopping into an online game has overtaken Alibaba Group Holding Ltd. BABA 1.42%...
To Attract Black Employees, Companies Move to Them
Silicon Valley has a diversity problem, one that even Tristan Walker’s 4-year-old son could see. In 2018, after making a...
Federal Reserve to End Emergency Capital Relief for Big Banks
WASHINGTON—The Federal Reserve said Friday it would allow a yearlong reprieve for the way big banks account for ultrasafe assets...
How Covid-19 Supercharged the Advertising ‘Triopoly’ of Google, Facebook and Amazon
When the pandemic upended the economy last year, companies took a hard look at their advertising plans.Oreos maker Mondelez International...
