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.
The Trump administration plans to soon announce a policy that will deny work permits for asylum-seekers who cross into the US without authorization, according to two sources with knowledge of the matter. The policy, which was first reported by BuzzFeed News in August, will make asylum-seekers who do not cross into the country at a…
The most frustrating thing about America’s failure to rein in drug prices is that a weapon against Big Pharma’s profiteering has been hiding in plain sight — and never used — for more than 40 years. But it’s now being unsheathed by the Biden White House. We’re talking about a provision of the Bayh-Dole Act…
The landing gear was stowed, the plane was climbing to cruising altitude, and then a segment of the wall exploded out of the rear cabin of Alaska Airlines Flight 1282 on Friday night, just 20 minutes after the plane took off from Oregon’s Portland International Airport airport en route to Ontario, Calif. No passengers were…
Dozens of prominent startups in India, one of the world’s largest internet markets, are creating a coalition to fight a Google decision that would require them to give 30% of in-app payments to the tech giant beginning next year. On Tuesday, nearly 60 executives from dozens of Indian companies kicked off preliminary discussions, three people…
An Alaska Airlines plane takes off from Los Angeles International Airport (LAX) on December 4, 2023 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images Alaska Airlines will temporarily ground its fleet of 65 Boeing 737 Max 9 planes after a section of the plane blew out midflight on Friday, forcing…
Ignacio E. Lozano Jr. loved to tell the story about arriving in Los Angeles in 1948 from the University of Notre Dame with a journalism degree, taking a look at his family’s business — and immediately fearing it was doomed. His father, Ignacio E. Lozano Sr., was a pioneering publisher who founded a Spanish-language daily…