Category: Economy News

President Xi Jinping says country faces ‘grave situation’ and Hong Kong declares highest level of emergency Source link

He broke ground with his assertion that the factors that helped the best companies succeed were also the reasons some of those same companies failed. Source link

Decades-long trend of film sequels is not abating, but the big studios may be willing to chase some of their smaller rivals Source link

Federal Aviation Administrator Steve Dickson called senior U.S. airline officials on Friday and told them the agency could approve the grounded Boeing 737 MAX’s return to service before mid-year – a faster time frame than the planemaker suggested this week, people briefed on the calls said. Source link

FICO is tweaking its all-important formula. Scores will rise for about 40 million people and drop for another 40 million. Source link

Starbucks has closed all shops and suspended delivery services in China’s Hubei province for the week-long Lunar New Year holiday, where a coronavirus outbreak originated from its capital Wuhan has caused 41 deaths in China. Source link

Top policymakers said easing trade tensions had raised prospects, but low interest rates leave central banks few options if problems develop. Source link

Victims of $1bn Ponzi scheme included veteran investor’s Berkshire Hathaway Source link

Stock traders are accused of siphoning $60 billion from state coffers, in a scheme that one called “the devil’s machine.” Germany is the first country to try to get its money back. Source link

Proposed changes to further limit American shipments to Huawei have been delayed amid arguments they could backfire. Source link