BEIJING (AP) — China is actively seeking foreign investment to boost its slowing growth, but that very sluggishness is weighing on company plans to expand their businesses in the world’s second largest economy, an annual survey of more than 500 European companies found. The slowing economy is now the dominant concern of respondents to the […]
BANGKOK, Thailand — In a country that has long billed itself as the “Detroit of Asia,” Thailand’s new generation of Henry Fords are coming from a very different place. China’s imported electric vehicle companies are heavily denting U.S. and Japanese car sales in Thailand, and Chinese manufacturers are investing more than $1 billion to assemble […]
NEW YORK — Alphabet and Microsoft are leading the U.S. stock market on Friday toward the finish of its first winning week in the last four. The S&P 500 was 0.7% higher in early trading. The Dow Jones Industrial Average was up 76 points, or 0.2%, as of 9:40 a.m. Eastern time, and the Nasdaq […]
About 2 1/2 years ago I wrote a post titled “California plans to kill the residential solar industry.” At the time, I had just had solar panels installed on my roof to save money and within months California announced a new plan (Net Metering 3.0) that would have taxed me and anyone else who owned […]
Those who have traveled extensively outside of the West know that wokeness doesn’t export particularly well — especially when it comes to entertainment. However, there’s a new corollary to that problem to consider: In addition to our exported wokeness being rejected in foreign markets, Americans are increasingly importing the rest of the world’s non-woke material. According […]
COPENHAGEN, Denmark — The now-aging hippies who took over a derelict naval base in Copenhagen more than 50 years ago and turned it into a freewheeling community known as Christiania want to boot out criminals who control the community’s lucrative market for hashish by ripping up the cobblestoned street where it openly changes hands. Over […]
While other states are becoming more open to the prospect of legalizing the sale of marijuana within their borders, Republican Gov. Glenn Youngkin made it crystal clear that Virginia was not going to be one of those. On Thursday, the Old Dominion official vetoed a bill that would have created a legal market for the […]
A real estate expert told CNN this week that former President Donald Trump could sell one of his high-profile properties by Monday in order to prevent the state of New York from seizing his assets. Brown Harris Stevens CEO Bess Freedman told network host Erin Burnett that Trump’s prized Mar-a-Lago resort and residence in Palm Beach, […]
Story after story has come out about the implosion in the EV market. As with many luxury goods, the market can quickly expand and just as quickly top out, as the latent market demand gets filled. This is what happened with electric vehicles, which appeal greatly to a small cross-section of the market, but not […]
President Joe Biden is boasting about the recent stock market rally. He’s right that stocks have been on a tear for the last 14 months. The S&P 500 hit 5,000 for the first time in history. That’s up from 500 some 30 years ago. Even with all […]
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