Zhongzhi Enterprise Group: Chinese shadow bank files for bankruptcy
The troubled firm reportedly told investors in November its liabilities had outstripped its assets.
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For travelers trying to reach their destinations during the storm-tossed holiday season last year, there was no problem identifying the Grinch who stole Christmas: It was Southwest Airlines. Southwest, it may be recalled, canceled or delayed more than 16,900 flights between Dec. 21 and Jan. 2, stranding more than 2 million passengers. The meltdown kept…
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The Messenger is counting on a sudden and dramatic advertising turnaround to survive
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Zoom Is Fighting Rumors In India That It’s A Chinese Company
After the Indian government banned 59 apps owned by Chinese firms last week, the videoconferencing app Zoom is fighting xenophobic rumors on social media that it is Chinese-owned. It’s not — the company is American and is scrambling to let Indians know. In a blog post on Tuesday, Velchamy Sankarlingam, Zoom’s president of product and…
Used car prices expected to stabilize in 2024 after two years of decreases from record highs
Used cars for sale at Lee Auto Mall on Wednesday, August 16, 2023. (Staff photo by Brianna Soukup/Portland Press Herald via Getty Images) Brianna Soukup | Portland Press Herald | Getty Images DETROIT — Used vehicle prices are expected to stabilize this year, after buyers of pre-owned cars and trucks got more relief in 2023…
