Zhongzhi Enterprise Group: Chinese shadow bank files for bankruptcy
The troubled firm reportedly told investors in November its liabilities had outstripped its assets.
The troubled firm reportedly told investors in November its liabilities had outstripped its assets.
If you’re making a list of big news stories of 2023, here’s one you might want to check twice: The surge in “organized retail crime,” or gang shoplifting. I’ve written before about the news media’s fixation on this phenomenon despite the unreliability of retailers’ claims about it, and especially when compared with the much more…
Responding to consumer complaints about auto insurance coverage, the state insurance commissioner said Thursday that insurers could face penalties for creating unlawful barriers for California drivers. Ricardo Lara issued a bulletin to auto insurers, reminding them that they cannot change their policies’ terms and rates without formally filing for state review and approval. The bulletin…
Listen to article (2 minutes) Move over GMOs and high-fructose corn syrup. There is a new phrase making the food industry pucker: ultra-processed foods. A battle is brewing over the latest term for many packaged food products that manufacturers fear could infiltrate U.S. food policy and scare off consumers. Copyright ©2024 Dow Jones & Company,…
The jet involved in Friday’s incident had been prevented from long trips over water, US investigators say.
This week, Simon & Schuster finally published “The Book of Animal Secrets: Nature’s Lessons for a Long and Happy Life,” the highly anticipated book by USC’s Dr. David Agus whose release was suspended after the manuscript was found to contain numerous instances of plagiarism. The new version of the book differs subtly from the one…
Many see hydrogen as the green fuel of the future so underground deposits of the gas could be valuable.