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McDonald's and Starbucks , two of the biggest U.S. restaurant companies, both said the Israel-Hamas war hurt their sales at the end of last year. Shares of McDonald's fell 4% in morning trading Monday, several hours after it reported that a sales slowdown in the Middle East contributed to its fourth-quarter revenue miss. Starbucks CEO Laxman Narasimhan said Tuesday that the company's sales in the Middle East struggled, but boycotts also hurt its U.S. cafes. Unlike Starbucks, McDonald's did not note any effect on its U.S. sales. Yum Brands is scheduled to report its quarterly results on Wednesday, while Restaurant Brands is slated to share its earnings on Feb. 13.
Persons: Laxman Narasimhan, McDonald's, Cowen, Andrew Charles, Chris Kempczinski, Kempczinski, Papa John's, Burger Organizations: U.S, Starbucks, Starbucks Workers, Workers United, McDonald's, Yum Brands, Restaurant Brands, CNBC PRO Locations: Tel Aviv, Israel, Gaza, Malaysia, Indonesia, France, Europe
Fire crews found the burned remnants Tuesday of a prized bronze statue of Jackie Robinson that was stolen last week from a public park in Kansas, authorities said. The statue, which was cut at the figure's ankles, went missing Thursday morning. Surveillance video shows two people hauling the sculpture away in the dark, to a truck that was later found abandoned. He said the mold is still viable and anticipated that a replacement could be erected within a matter of months. “This now lets us know that we need a new statue,” he said of the destroyed remains.
Persons: Jackie Robinson, Andrew Ford, , Bob Lutz, , it's, Joe Sullivan, ” Robinson, He’s, Lutz, John Parsons, “ I'm, McAdams, Brandon Johnson Organizations: Little League, , Robinson’s Dodgers, league, Wichita, Kansas City Monarchs, Negro Leagues, Brooklyn Dodgers Locations: Kansas, Wichita, Garvey, McAdams
A Walmart Spark driver in Rogers, Arkansas, has noticed a pattern when it comes to customer tipping. AdvertisementThis as-told-to essay is based on a conversation with a driver in Rogers, Arkansas, who delivers primarily with Walmart Spark. 5260, which is south of town on Pleasant Crossing Boulevard, and Walmart store No. I'm not going to say those people living in the gated community don't deserve to be in that gated community. If you think I should be paid a fair wage and shouldn't rely on tips, don't use services that require me to not have a fair wage and to rely on tips.
Persons: , I've, Rogers, it's, I'm, you've Organizations: Walmart, Service Locations: Rogers , Arkansas, Arkansas, Pleasant Crossing, Rogers, Pleasant
In a lawsuit filed this week viewed by Business Insider, Ramadurgam claims he was the victim of a Machiavellian scheme perpetrated by a power-hungry CEO and his "handpicked henchmen." In his statement to Business Insider, Prasad tells a different story of a co-founder who was "checked out" of the company. In an interview with Business Insider, Ramadurgam disputed Prasad's claims, saying that he missed only about 15 work days in 2022 for meditation retreats. In his lawsuit he claims Prasad was motivated by "naked greed." "I just don't see how you can honestly, with integrity make the argument that I should have 0% stake in the company," Ramadurgam said in an interview.
Persons: Sohail Prasad, Samvit Ramadurgam, Ramadurgam, Prasad, Destiny, Ramadurgan Organizations: Business, Prasad, Silicon, Forge, Coinbase, Plaid, SEC Locations: Silicon Valley, Forge, Ramadurgam's
The lawsuit alleges that school personnel at Taylor Allderdice High School failed to provide adequate supervision and care of the girl during school hours and during transportation to and from school. The painful result was her sexual assault.” said attorney Alec Wright, who represents the girl and her mother in the lawsuit. The lawsuit alleges that Starbucks employees witnessed the male students taking turns entering the bathroom with the girl and did not intervene. The girl's mother notified school officials that her daughter would need help adjusting to high school and with taking public transportation to school, according to the lawsuit. The lawsuit alleges that Starbucks employees allowed students largely unrestricted access to its bathrooms partly because the students increased the store's sales.
Persons: , Alec Wright, Taylor, Taylor Allderdice, It’s Organizations: Starbucks, Pittsburgh Public Schools, Taylor Allderdice High, Kappa Drive, Kappa, Pittsburgh Department of Public Safety, Associated Press, Tasers Locations: Allegheny County, Pleas, Seattle
ROCK RAPIDS, Iowa (AP) — Some of the most contested real estate for Iowa's Republican caucuses is a vast, wind-swept plain where hogs outnumber people by the millions. Ron DeSantis have invested in appealing to politically influential evangelicals, making the fight for northwest Iowa a microcosm of the race to win Monday's caucuses. DeSantis has spent long hours courting voters here, stopping Thursday in Rock Rapids, population 2,600, before heading to Le Mars, about four times larger. Texas Sen. Ted Cruz, with his social conservative brand, competed strongly for northwest Iowa in 2016 and edged Trump in the region on his way to a narrow caucus victory. Ambassador Nikki Haley, aiming for a surprise second-place finish in Iowa, has campaigned in northwest Iowa, but less often and to smaller audiences.
Persons: Donald Trump, Ron DeSantis, DeSantis, that's, he’s, , John Vermeer, , ” Vermeer, Trump, Texas Sen, Ted Cruz, Pennsylvania Sen, Rick Santorum, Mike Huckabee’s, Nikki Haley, Vivek Ramaswamy, Randy Vande Berg, Roe, Wade, He's, Vande Berg, Republican underperformance, “ It's, There's, Heidi Kock Organizations: ROCK, Republican, telltale, Florida Gov, Trump, Reformed Church, Texas, Arkansas Gov, Sioux Center, U.N, Biotech, U.S, Supreme Locations: ROCK RAPIDS, Iowa, Rock Rapids, Le, Netherlands, Florida, Pennsylvania, Iowa's, Sioux, Sioux County, Monday's
I've started using a free AI app that helps me tweak the tone of my emails. It helps me edit my emails to sound warmer or more direct depending on the circumstances. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Goblin.toolsI forgot about it for a few weeks, until I actually felt stumped on a professional email. If I have to deliver disappointing news, do I want to sound more professional or more passionate?
Persons: I'm, I've, , Goblin.tools, hadn't, they've Organizations: Service, Reading
I hesitated to enroll in NYU Stern because of its reputation for being cutthroat and competitive. AdvertisementChoosing New York University's Stern School of Business as my new home was not a decision I took lightly. I've discovered the reality at Stern contrasts sharply with the stereotypesContrary to popular belief, the stereotypes about Stern students are just that — stereotypes. AdvertisementStern is not a traditional college experience, but it's perfect for meMany people say the Stern experience is like getting your MBA as an undergrad. The school's hyperfocused approach, combined with the lack of a "traditional" college campus differentiates it starkly from a conventional college experience.
Persons: NYU Stern, , University's, Stern, I've, résumés, they've, It's Organizations: NYU, Service, University's Stern School of Business, U.S . News, Stern Locations: Wall, Manhattan
Sam Altman was fired via Google Meet, according to his former colleague Greg Brockman. The ChatGPT maker abruptly fired its CEO, Sam Altman, around noon on Friday, shocking many inside and outside of the company. Was that a snub to Microsoft, OpenAI's lead investor, which makes its own set of workplace communication tools ? They fired Sam Altman on Google Meet? Another person joked on X, "Altman getting fired via Google Meet says everything you need to know about Microsoft Teams."
Persons: Sam Altman, Greg Brockman, , Brockman, Altman, That's, Taksale, Bing, OpenAI's GPT, Mira Murati Organizations: Google, Microsoft, Service, OpenAI Locations: OpenAI, Rishikesh
“Pesticide exposure during pregnancy may lead to an increased risk of birth defects, low birth weight, and fetal death,” the American Academy of Pediatrics stated. “Exposure in childhood has been linked to attention and learning problems, as well as cancer.”Yet pesticide exposure is widespread, even for chemicals that were banned years ago by federal agencies. In the 2023 Shopper’s Guide to Pesticides in Produce — a list of nonorganic produce with the most pesticides — researchers found 210 different pesticides on the 12 foods. In addition, consumers can ask food companies to “release the actual test results of pesticide concentrations in their products,” said EWG’s Temkin. “Food companies have not been publishing such data, instead relying on generalities,” she said via email.
Persons: , Cailin Dendas, , disheartening, Jane Houlihan, Houlihan, Kale, collard, ” Alexis Temkin, toxicologist, ” Dendas, Jim Watson, Dendas, Sow, General Mills, Archer Daniels, Lamb, Nestlé, Dane Lisser, Shelby Stoolman, EWG’s, Temkin, ” Temkin, “ Steer Organizations: CNN, “ Pesticides, Healthy, , , American Academy of Pediatrics, Environmental, US Environmental Protection Agency, Environmental Protection Agency, US Centers for Disease Control, Getty, Archer Daniels Midland Co, PepsiCo Inc, Conagra Brands Inc, Campbell Soup Company, Lamb Weston Holdings Inc, G Foods Inc, Cargill, Danone S.A, Del Monte Pacific Ltd, General, Inc, Kraft Heinz Company, Mars Incorporated, Mondelēz, Post Holdings Inc, ADM, US Food and Drug Administration Locations: United States, AFP
Even though I knew that going in, I needed a job — and a job at Disney sounded good. So I took the job as a Disney assistant, and part of me hoped that things would sort themselves out once I started working. Personally, I feel stuck as an assistant at Disney, and don't see any career mobility at all. But a lot of people stay in these creative executive roles and senior executive roles — and even junior executive roles, the rank closest to mine — for a long time. In the rare event that there's an opening, companies sometimes look for external candidates to fill open executive roles, which is also frustrating.
Persons: I've, It's, , we've, who's, hasn't, they're, it's, that's, I'm, Reed Alexander Organizations: Disney, Hollywood Locations: Hollywood, , Los Angeles
12 Notre Dame 31-23 to end a disheartening two-game losing streak Saturday. Notre Dame drew within one score on Sam Hartman's 26-yard scramble score. Four times after that, the Tigers downed punts inside the Notre Dame 15 — including a nifty quick kick by quarterback Cade Klubnik — and the Irish (7-3, No. Notre Dame got a last chance when Mafah fumbled with 1:47 to go on its own 22. The loss continued the nightmarish Clemson experience of Notre Dame's Hartman, who's teams were 0-5 vs. the Tigers while at Wake Forest.
Persons: Phil Mafah, Will Shipley, , , Dabo Swinney, Mafah, Notre Dame, Sam Hartman's, Cade Klubnik —, Hartman, Swinney, Frank Howard, Notre Dame's Hartman, who's, Klubnik, Tyler Brown, Jeremiah Trotter Jr, Clemson, Shipley, ___ Organizations: CLEMSON, Clemson, Notre Dame, The Tigers, Notre, Tigers, Wake, North Carolina State, ACC, Fighting, Georgia Tech, AP Locations: S.C, “ Tyler, Spartanburg, Miami, Wake
George Santos Faces Expulsion Vote in House
  + stars: | 2023-11-01 | by ( Katy Stech Ferek | ) www.wsj.com   time to read: 1 min
Rep. George Santos (R., N.Y.) has called an effort to expel him from Congress disheartening. Photo: Tom Williams/Zuma PressWASHINGTON—House lawmakers are set to vote as soon as Wednesday night on whether to expel Rep. George Santos (R., N.Y.), who made a series of bold fabrications in running for office and faces federal fraud charges related to his 2022 campaign. Two-thirds of House lawmakers would need to vote in favor of expelling Santos to remove him, and the effort was seen as facing an uphill battle, with top Republicans not signaling their support. Expelling Santos would cut into the Republicans’ narrow 221-212 majority, and some lawmakers have said any such move should wait until after his criminal case is resolved or the House Ethics Committee has completed its probe.
Persons: George Santos, Tom Williams, Santos Organizations: Zuma Press WASHINGTON —, Republicans Locations: N.Y
Even though I knew that going in, I needed a job — and a job at Disney sounded good. So I took the job as a Disney assistant, and part of me hoped that things would sort themselves out once I started working. Personally, I feel stuck as an assistant at Disney, and don't see any career mobility at all. But a lot of people stay in these creative executive roles and senior executive roles — and even junior executive roles, the rank closest to mine — for a long time. In the rare event that there's an opening, companies sometimes look for external candidates to fill open executive roles, which is also frustrating.
Persons: I've, It's, , we've, who's, hasn't, they're, it's, that's, I'm, Reed Alexander Organizations: Disney, Hollywood Locations: Hollywood, , Los Angeles
The state hasn't wavered as a conservative stronghold in the modern era, and its last Democratic governor was denied a second term 20 years ago. A former mayor of tiny Nettleton, Presley is wrapping up his fourth term as a state utility regulator for northern Mississippi. One of the most famous Black Mississippi residents, Oscar-winning actor Morgan Freeman, recently joined him at a campaign event. Presley has raised more campaign cash than Reeves this year, and he's attracting larger and more diverse crowds than any Democrat running for Mississippi governor in a generation. Presley says the new method of electing a governor gives him a better chance than the old one.
Persons: Brandon Presley, Tate Reeves, “ They’re, ” Presley, murmurs, , Elvis Presley, Reeves, Presley, Bennie Thompson, Morgan Freeman, Theresa Hall, , we’ll, ” Reeves, Sen, Chuck Younger, “ It’s, ” Younger, it’d, Bruce Springsteen, don’t, William Barber, Barber, , Nick Bain, Medgar Evers, Vernon Dahmer, Fannie Lou Hamer, it's, Democrat Jim Hood, Joe Biden, Mike, Republican Sen, Cindy Hyde, Smith, Thad Cochran, Jim Crow, Eric Holder, Gwendolyn Gray Organizations: Democratic, Republican, U.S . Rep, Mississippi, Tate, Liberal, Black, Democratic Party, Poor, Waffle, Trump, Mississippi Freedom Democratic Party, Democratic National Convention, Democrats, Democrat, U.S . Senate, Mississippi voters, U.S, , Tougaloo College Locations: NATCHEZ, Miss, Mississippi, Natchez, Jackson, Issaquena County, Los Angeles, Columbus, Alabama, U.S, Gulfport, Biloxi, , Black, Atlantic City
After Boebert won her last race by just 546 votes, she began revamping her campaign strategy. So-called ballot harvesting, which she's decried as an underhanded Democratic tactic, will be part of her campaign strategy. While campaigning in the district this election, Boebert seems “more empathetic" than her disruptive national profile. At events and debates in the last election, Boebert railed against then-Speaker Nancy Pelosi, who became a foil for bloated government, a broken system and Democratic demagoguery. After Colorado's largely city dwellers voted to reintroduce wolves to Colorado, Boebert has also proposed legislation to give ranchers greater recourse to defend their flocks.
Persons: Lauren Boebert, , Boebert, , Beverly Cuyler, Adam Frisch, MAGA, Donald Trump’s, she's, Dave Williams, Frisch, ” Boebert, she’s, Drew Sexton, it’s, Cody Perkins, Perkins, Dusty Mars, ” Dennis Anderson, Nancy Pelosi, Donald Trump, Biden, Seth Masket, Boebert’s, Masket, Pelosi's, , Joe Biden, Colorado's, you’ve Organizations: Washington , D.C, Colorado Republican Party, Republican, Boebert, Democratic, Center, Politics, Associated Press, America Statehouse News Initiative, America Locations: SPRINGS, Colo, Washington ,, Colorado, Archuleta County, Rocky, American, Boebert, Denver, Archuleta
"Beyond Utopia" attracted interest at Sundance from streamers like Amazon's Prime Video and Netflix. Interest peaked four years ago at the Sundance Film Festival, fueled by Amazon and Netflix, which paid a record $10 million for the Alexandria Ocasio-Cortez doc "Knock Down the House." In the crime realm, WME advised, Netflix was seeking films based on big, well-known cases and scams like "Dahmer" and "Tinder Swindler." Filmmakers point to streamers' self-censorship and 'cold feet' over sensitive topicsSome filmmakers said there are still champions at the streamers for documentaries that push the envelope. "Beyond Utopia" is among a number of recent films that have been snubbed by the big streamers, despite winning awards and buzz.
Persons: Madeleine Gavin, It'll, It's, Gavin, Hulu, Peter Broderick, Hulu didn't, Sundance fests, Broderick, WME, Dahmer, Ted Hope, Hope, Vanessa Hope, Taiwan's, he'd've, Oscar, Bryan Fogel, Jamal Khashoggi, Thom Powers, it's, Keith Ochwat, Ochwat Organizations: Sundance, Netflix, PBS, Sundance Film, Amazon, Alexandria, Paradigm Consulting, Amazon Prime, Apple, Hulu, Hollywood, Gravitas Ventures, & $ Locations: Joy, Congo, arthouses, Hulu, China, Park City, Syria, Russian, Ukraine, Venice
CNN is not naming the site because it reveals the identities of students and other individuals without their consent. A conservative nonprofit said it organized the truck featuring the virtual billboards with students’ names and images under a banner that reads: “Harvard’s Leading Antisemites.”Palestinian human rights activists say doxxing is nothing new. They told CNN they’ve feared losing jobs and endured psychological harm for advocating for fair treatment of Palestinians under occupation – or for simply being Palestinian themselves. Doxxing is the release of personal information without a person’s consent, often with malicious intent, according to the International Encyclopedia of Gender, Media, and Communication. Despite the reality of harassment for Palestinian Americans, the student said, the current sense of hysteria on the Harvard campus is unprecedented.
Persons: Fouad Abu, Israel, Hijleh, , CNN they’ve, ” Abu, , ” Dylan Saba, ” Saba, ” Lena Ghrama, ” Ghrama, Ghrama, ” Harvard Hillel, Meredith Weenick, Bill Ackman, UC Berkeley Law Dean, Erwin Chemerinsky Organizations: New, New York CNN, University of North, CNN, West Bank, Harvard, International, Gender, Media, Communication, Facebook, ” CNN, Palestinian, UN, Palestine, City University of New York School, Law, , Jewish, Holocaust, Alliance, Harvard University, University of California, Department of Education, Daily Cal, UC Berkeley Law, Justice, Peace, Locations: New York, Jordan, University of North Carolina, Chapel, Abu, Israel, Israeli, Gaza, Palestine, Brooklyn, undergrad, Berkeley
GOP Rep. George Santos' fellow New Yorkers have had enough. AdvertisementAdvertisementRep. George Santos' fellow New York Republicans have had enough. The New Yorker's move against Santos is notable as they previously led the effort in May to sidestep House Democrats' push to expel Santos. "Great to hear that the New York Republican Freshmen are finally ready to expel fraudster George Santos from Congress. House Republicans are meeting behind closed doors on Wednesday with the hopes of completing the first step in finding a new leader.
Persons: George Santos, Santos, , Anthony D'Esposito, D'Esposito, Nick LaLota, Mike Lawler, Marc Molinaro, Nick Langworthy, Brandon Williams, Robert Garcia's, Kevin McCarthy, McCarthy, fraudster George Santos, Garcia, James A, Patrick McHenry Organizations: Republican New, Service, New York Republicans, New, sidestep, Democrats, Democratic, Former, New York Republican, Congress, Republicans, Ohio Democrat, GOP, House Republicans Locations: Republican New York, Ohio
“Having Target here helped revitalize East Harlem with hundreds of new jobs, customers and more services to our area. Courtesy Lou MartinsThe retail industry said it is grappling with a particular type of store theft that is more dangerous than petty shoplifting, called “organized retail crime” or ORC. The East River Plaza shopping center in New York City's East Harlem neighborhood. “The East Harlem store could have been doing very high volume in sales but still losing money because of theft,” Cohen said. The Target store in NYC's East Harlem is set to close in October.
Persons: Lou Martins, “ I’ve, , Martins, Maria Gonzalez Arrieta, “ We’ve, ” Lou Martins, Alex Abreu, Abreu, , ” Abreu, it’s, We’ve, Tom Wickman, ” Wickman, “ Abuelitas, ” Xavier Santiago, Santiago Xavier, Santiago, I’ve, Mark Cohen, ” Cohen, Venkatesh Shankar, ” Shankar, Fatih Aktas, Ted Wheeler, ” – CNN’s Matt Egan Organizations: New, New York CNN, Costco, 118th, Target, eBay, Facebook, , East Harlem, Blumfeld, The New York Times, New York Police, Walgreens, Business, US Chamber of Commerce, , Commerce, Community Board, East, Community, Columbia, Texas, Mays Business School, Anadolu Agency, Blumenfeld, CNN, Portland Police Bureau Locations: New York, Manhattan —, New York City, San Francisco, Seattle, Target, Plaza, Harlem, Aldi, Burlington, Pleasant Avenue, East Harlem, NYC's East Harlem, River, Portland
When he was pressed by Morgan if he had used such toys “while playing chess,” Niemann replied: “Well, your curiosity is a bit concerning, you know - maybe you’re personally interested, but I can tell you, no. The accusations of cheating aimed at Niemann evolved into a scandal which gripped the world of chess over the last year. Niemann then filed a $100 million defamation lawsuit against Chess.com, Carlsen and popular streamer and player Hikaru Nakamura. As a result, online chess sites, like Chess.com, have developed anti-cheating technology to detect when players are using outside computer software during games in an attempt to curb foul play. While FIDE is battling to combat online cheating, there has been a level of purity to over-the-board chess with cheating proving to be much more difficult.
Persons: Hans Niemann, Piers Morgan, Niemann, , it’s, Morgan, ” Niemann, you’re, Magnus Carlsen, , Carlsen, St . Louis, Chess.com, Hikaru Nakamura, Magnus, Niemann –, , they’ve, Andy Howie, haven’t Organizations: CNN, New York Times, Louis Chess Club, Chess.com, ” CNN, FIDE Locations: Norwegian, St ., Chess.com, Stockfish
Peter Bradley and Spencer Sloan have built a $1 billion commodities firm over the last eight years. Javelin Global Commodities is now the No. Javelin Global Commodities has grown to become the No. 1 exporter of American coal, Bloomberg reported, citing sources familiar to the company. "It's pretty disheartening that vast fortunes are still being made in activities that are driving dangerous, and potentially catastrophic, global warming."
Persons: Goldman, Peter Bradley, Spencer Sloan, Goldman Sachs, Joseph Curtin Organizations: Bloomberg, Commodities, Service, International Energy Agency, Riverside Shipping, Rockefeller Centre Locations: Wall, Silicon, America, Ukraine, Europe, Moscow
WASHINGTON, Sept 18 (Reuters) - With the world on track to break the record for the hottest year in history, world leaders, business leaders, celebrities and activists have converged on midtown Manhattan for Climate Week and the U.N.'s Climate Action Summit, again focusing the world's attention on the climate crisis. As of Monday, the U.N. had not announced which world leaders or officials would get one of the coveted speaking slots at the climate summit. "It is disheartening to witness the lack of ambition on what truly ails us – emissions from fossil fuels," the small islands alliance said in a statement. "We implore the international community to use the platforms of the UNGA and New York Climate Week to signal unequivocal support for Small Island Developing States," it said, using the acronym for the U.N. General Assembly. Meanwhile, at several hotel ballrooms and other venues across Manhattan, around 2,600 people have registered for in-person attendance at Climate Week events featuring over 200 speakers from the private sector, governments and nongovernmentalion (NGOs.
Persons: Antonio Guterres, we're, Selwin Hart, Guterres, Hart, We’ve, Romain Ioualalen, Valerie Volcovici, Jonathan Oatis Organizations: Climate, United Nations General Assembly, U.N, Action, United Arab, Alliance of Small, General, Oil Change, Thomson Locations: Manhattan, Paris, United Arab Emirates, Brazil, China, South Africa, India, Russia, New, midtown Manhattan
CNN —The White gunman who killed three Black people in a racist attack at a Dollar General store in Jacksonville, Florida, on Saturday legally purchased two firearms earlier this year, Jacksonville Sheriff T.K. The gunman, identified as 21-year-old Ryan Christopher Palmeter, bought a handgun in April and an AR-15-style rifle in June, the sheriff said. Jacksonville Sheriff's OfficeThe gunman used racial slurs, left behind a racist screed and drew swastikas on his firearm, authorities said. The encounter was reported to the Jacksonville Sheriff’s Office by EWU security,” the school said. Jacksonville Sheriff's OfficePhotos of the weapons the gunman had were shown by authorities, including one firearm with swastikas drawn on it.
Persons: Waters, Ryan Christopher Palmeter, , Palmeter, Angela Michelle Carr, Anolt Joseph “ AJ ” Laguerre, Jerrald Gallion, Sheriff Waters, Kia, Carr, Laguerre, Gallion, texted, Black, ” Waters, , They’re, Baker, Jacksonville Mayor Donna Deegan, Ron DeSantis, ” DeSantis, Joe Biden, ” Biden Organizations: CNN, Jacksonville Sheriff T.K, Dollar, Justice, Jacksonville Sheriff's, Edward Waters University, Jacksonville, Madden, University police, University, WJXT, Authorities, Kia, Jacksonville Mayor, Florida Gov, NAACP Locations: Jacksonville , Florida, Orange, Jacksonville, Washington, Massachusetts, Oklahoma, Clay County, Duval County, Florida, America
Earlier this year, David Yang was brimming with confidence about the prospects for his perfume factory in eastern China. “It is disheartening,” Mr. Yang said. “The economy is really going downhill right now.”For much of the past four decades, China’s economy seemed like an unstoppable force, the engine behind the country’s rise to a global superpower. A real estate crisis borne from years of overbuilding and excessive borrowing is running alongside a larger debt crisis, while young people are struggling with record joblessness. And amid the drip feed of bad economic news, a new crisis is emerging: a crisis of confidence.
Persons: David Yang, Covid, Yang, Mr Locations: China
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