Chinese property developer Kaisa Group Holdings said it has made significant progress in restructuring its offshore liabilities, enabling the beleaguered company to offer billions of […]
Category: Business
Boeing Finds Cracks in Structure of 777X Test Jets
The plane maker started testing the new model in July with plans to begin delivering it in 2025.
Mike Lynch: The ‘British Bill Gates’ Who Loathed Silicon Valley
The software company founder who was recently cleared of fraud accusations is missing after a storm capsized the yacht he was on.
Eli Lilly Says Weight-Loss Drug Sharply Reduces Diabetes Progression
Eli Lilly said preliminary data from a late-stage study showed its weight-loss drug significantly reduced the risk of progression to type 2 diabetes among adults […]
Food Industry Pushes Back Against Harris’s ‘Price Gouging’ Plan
Companies reject claims that consumers are being bilked on prices. Still, says one executive, “We understand why there is this sticker shock.”
Edgar Bronfman Submits $4.3 Billion Bid for Redstone’s National Amusements, Paramount Stake
Bronfman is looking to scuttle a previous agreement to merge Paramount with David Ellison’s Skydance Media.
How Safe Am I Online?—and Other Questions Readers Asked About Cybersecurity
Should I use incognito mode? How risky are public Wi-Fi networks? Should I use a VPN? And more.
The CEO Who Made a Fortune While His Hospital Chain Collapsed
Steward Health Care paid at least $250 million to Ralph de la Torre and his other companies during the four years he was the hospital […]
Clean Fuel Startups Were Supposed to Be the Next Big Thing. Now They Are Collapsing.
Hydrogen and biofuel projects have become money pits, threatening climate progress.
Battling for Budget Bookings, Discount Airlines Offer ‘Poor Man’s First Class’
Spirit and Frontier bundle amenities such as alcohol, Wi-Fi and bigger seats as they weather financial turbulence.