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Posts published in “Finance”

China Stocks Rally as Beijing Intensifies Effort to Calm Market

(Bloomberg) -- Stocks in China and Hong Kong jumped Thursday, after authorities intensified efforts to calm fears about a crackdown on the private education industry and as the central bank pumped liquidity into the financial system.The CSI 300 Index closed 1.9% higher, led by materials and industrial stocks. Hong Kong’s Hang Seng Index rallied 3.3%,…

Nasdaq to Spin Out Market for Pre-IPO Shares in Deal With Banks

Nasdaq Inc. is teaming up with a group of banks including Goldman Sachs Group Inc. and Morgan Stanley to spin out its marketplace for shares of private companies. The deal could help drive more transactions to Nasdaq Private Market, the New York-based exchange operator’s trading platform for shares of companies that haven’t yet had an…

American father, son sentenced to Japan prison for helping Ghosn escape

A Tokyo court handed down prison terms for the American father and son accused of helping Nissan’s former chairman, Carlos Ghosn, escape to Lebanon while awaiting trial in Japan.Michael Taylor was sentenced Monday to two years in prison, while his son Peter was sentenced to one year and eight months.They were charged with helping a…

Non-competes, banks and farms: Five key elements of Biden’s executive order | TheHill

President BidenJoe BidenJohn Kerry to visit Moscow officials to discuss 'global climate ambition' Civil rights leaders find meeting with WH 'encouraging' amidst voting rights battle Pentagon eyes places to send Afghan interpreters as Biden pledges evacuations by end of July MORE’s sweeping executive order on competition targets industries from banking and airlines to technology and…

Los Angeles urges everyone to mask up because of delta variant — even the vaccinated

Please NoteThe Washington Post is providing this important information about the coronavirus for free. For more free coverage of the coronavirus pandemic, sign up for our Coronavirus Updates newsletter where all stories are free to read.Los Angeles County public health authorities are urging unvaccinated and vaccinated people alike to don masks again inside restaurants, stores…

Google Delays Cookie Removal to Late 2023

Google delayed its plan to scrap a widely used technology to track web-browsing habits amid regulatory scrutiny and concern from privacy advocates and the advertising industry over the search giant’s approach to replacing the tool. On Thursday, the Alphabet Inc. unit said its Chrome internet browser will stop supporting a user-tracking technology called third-party cookies…

Bitcoin keeps falling as China ramps up the pressure on cryptos even more

Hong Kong (CNN Business)Bitcoin tanked on Monday as China escalated its crackdown on cryptocurrency by further curbing mining activity and telling major payments platforms and lenders that crypto trading won't be tolerated.Bitcoin plunged some 9% over the last day to trade at around $32,700 per coin, a two-week low, according to Coindesk. Prices stabilized a…

American Airlines canceling hundreds of flights through mid-July in part due to labor shortages

(CNN Business)American Airlines is canceling hundreds of flights through at least mid-July as the company strives to maintain service in the midst of massively increasing travel demand while the coronavirus pandemic continues to recede in the United States, according to a spokesperson from the airline."The first few weeks of June have brought unprecedented weather to…