Zhongzhi Enterprise Group: Chinese shadow bank files for bankruptcy

Unite Here Local 11 has reached a tentative agreement with a 10th hotel, marking continued momentum in the contract campaign it began earlier this year. The deal with the Beverly Wilshire was reached days after the union nailed down agreements with two other major Beverly Hills hotels, the Beverly Hilton and the Waldorf Astoria. It…

Screenshot of the TheMessenger website. Source: TheMessenger The Messenger, the struggling news media startup co-founded by publishing veteran Jimmy Finkelstein, is urging potential investors to make a long-shot bet on a dramatic rebound in advertising this year. The company is attempting to stop the cash burn that has put it in jeopardy. CNBC has obtained…

The workforce trends of 2023 focused largely on employee burnout and decreased job satisfaction, as seen through such trends as quiet quitting, “bare-minimum Mondays” and “boreout,” the TikTok sensation. Yet with the latest viral career trend, “managing up,” there seems to be a shift in focus.   Three job experts weighed in on how this latest trend is…

SANTA CRUZ —  You can sense it in the ubiquitous “Help Wanted” posters in artsy shops and restaurants, in the ranks of university students living out of their cars and in the outsize percentage of locals camping on the streets. This seaside county known for its windswept beauty and easy living is in the midst of…

Dave Fishwick, who set up a community-based bank in Burnley, says there is a “huge gap in society”.