Foreign businesses’ direct investment into China last year increased by the lowest amount since the early 1990s, underscoring challenges for the nation as Beijing seeks more overseas funds to help its economy. China’s direct investment liabilities in its balance of payments stood at $33 billion last year, according to data from the State Administration of … Read more
Biologist Max Jamilly was in a pub with a friend when he hit upon the idea for his next business. Jamilly and his friend Ed Steele, both meat-eaters who were trying to cut down on their carbon footprint, had ordered a plant-based meat patty off the menu. They soon regretted it. “It didn’t sizzle … Read more
As a 29-year-old on his second startup, Brice Klein has perfected the working-until-late routine, often leaving the office at 8 p.m. or later. But as he’ll willingly tell you, that demanding schedule often led to unpleasant compromises. Chief among them was food. Klein, an early employee at a vertical-farm company aiming to revolutionize produce, found … Read more
Step aside, Na’vi version of Sigourney Weaver: A new blue avatar is becoming famous. If you apply to one of several large corporations today, you might see a blue guy that looks like the Walmart version of Disney’s wide-eyed style of animation. No, it’s not a company mascot; it’s actually part of your evaluation. The … Read more
The 2020s have been a real one so far. The interest rate shock that followed the highest inflation since the 1980s have created a world where money is just more expensive and it’s disrupting business models from dating apps to streaming services to commercial office leasing. And then there’s plant-based meat. Once seen as the … Read more
With less than two months to go until 2023 taxes are due, there is still plenty of time to lower your bill or maximize your refund, advisors say. It’s also the perfect time to look ahead to decreasing your burden for 2024. Firstly, it’s important to make sure you have all of the documents you’ll … Read more
Our take: The Hilton Honors American Express Aspire Card offers solid rewards rates, hundreds of dollars worth of annual benefits, and VIP treatment with the hotel program’s top elite status tier. That said, the card has lost some of its luster after an October 2023 revamp. Hilton Honors American Express Aspire Card Intro Bonus 150,000 … Read more
Amazon is arguing in a legal filing that the 88-year-old National Labor Relations Board is unconstitutional, echoing similar arguments made this year by Elon Musk’s SpaceX and the grocery store chain Trader Joe’s in disputes about workers’ rights and organizing. The Amazon filing, made Thursday, came in response to a case before an administrative law … Read more
This week’s $26 billion combination of two Texas oil companies is the latest in a series of deals that’s ushering in the era of Big Shale. Wall Street, which eyed the sector with skepticism for most of the last decade, appears to be all in. Diamondback Energy Inc.’s takeover of Endeavor Energy Resources LP announced on Feb. … Read more
French President Emmanuel Macron says recognizing a Palestinian state is not a “taboo” for France, as international frustration grows with Israel’s actions in the Palestinian territories. France and the EU have long supported a two-state solution in the Mideast, but as part of a negotiated settlement. With talks long stalled and Israel’s offensive against Hamas in Gaza deepening, … Read more