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Search resuls for: "London-Based Economist"


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The British Aren’t Coming. They’re Here.
  + stars: | 2024-06-08 | by ( Michael M. Grynbaum | ) www.nytimes.com   time to read: +1 min
Facing financial challenges and political division, several of America’s largest news organizations have turned over the reins to editors who prize relentless reporting on a budget. Will Lewis, a veteran of London’s Daily Telegraph and News UK, is now the chief executive of The Washington Post, where reporters have raised questions about his Fleet Street ethics. He recently ousted the paper’s American editor and replaced her with a former colleague from The Telegraph, dumbfounding American reporters who had never heard of him. Michael Bloomberg, a noted Anglophile, hired John Micklethwait (former editor of the London-based Economist) in 2015 to run Bloomberg News. Rupert Murdoch tapped Keith Poole (The Sun and The Daily Mail) to edit The New York Post in 2021, the same year that The Associated Press named an Englishwoman, Daisy Veerasingham, as its chief executive.
Persons: Will Lewis, Emma Tucker, Mark Thompson, , Michael Bloomberg, John Micklethwait, Rupert Murdoch, Keith Poole, Daisy Veerasingham Organizations: London’s Daily Telegraph, News, The Washington Post, The Telegraph, Sunday Times, Wall, CNN, Bloomberg, Sun, The Daily, York, Associated Press Locations: American, London
Barbie-maker Mattel, which has a large production base in Asia, is grappling with higher labor costs and has raised prices for its products. Nike, which makes most of its shoes in Asia, flagged in June that its product costs had gone up because of higher labor expenses.
Persons: Barbie Organizations: Mattel, Nike Locations: Asia
Young people in Asia don't want factory jobs, so companies are raising wages and adding perks. That's because factories across Asia that have traditionally produced many of these goods are struggling to find workers, The Wall Street Journal reported. In China, manufacturing workers' wages have more than tripled over the past decade, and factory workers in Vietnam, Malaysia, and Japan, have seen notable pay bumps as well. Companies like the Barbie manufacturer Mattel, the toy maker Hasbro, and Nike are facing elevated labor costs in Asia that have contributed to price hikes. Mark Perry, University of Michigan economistExperts attribute Asia's factory labor shortage to a variety of factors.
Persons: it's, Manoj Pradhan, Mark Perry, Julian Zhu, Gabriel Galvan, It's, Barbie Organizations: Service, Street Journal, Companies, Mattel, Hasbro, Nike, University of Michigan, Reuters Locations: Asia, Wall, Silicon, London, China, Vietnam, Malaysia, Japan, Mexico, America
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