CATEGORY: World News
World News
Why Chinese tech stocks are getting hammered
Investors are fleeing China's big tech companies. The country's major players -- Baidu (BIDU), Alibaba (BABA) and Tencent (TCEHY) -- have lost hundreds of billions of dollars in market value in the past few
World News
This is how China controls its currency
The yuan has become caught up in the trade fight between China and the United States. China's currency has declined around 9% versus the US dollar since April and is trading near its lowest
World News
At-risk teens serve meals instead of time
Dallas (CNN)In 2007, Chad Houser bought into a popular bistro in Dallas, and his dream of being a top chef and restaurant owner was fulfilled."I remember the feeling I had was exhilaration," he said.
World News
It’d take a UK worker 137 years to catch up to a CEO’s annual pay
UK government efforts to rein in CEO pay haven't made much of a dent. The median pay for chief executives of the 100 most valuable companies on the London Stock Exchange increased 11% last
World News
Could Elon Musk lose control of Tesla?
Elon Musk wants to take Tesla private and remain in control of the company. He may not be able to do both. The plans to take Tesla private are not clear, but Musk suggested
World News
The next CEO of Air France isn’t French. Unions say that’s ‘inconceivable’
An outsider at the controls of France's national airline has produced a sharp backlash from unions. French unions said in a statement Thursday that it was "inconceivable" that Air France-KLM would name current Air
World News
‘Crazy Rich Asians’ could usher in a new era
Romantic comedies have not received a lot of love at the box office lately, but that could change this weekend with "Crazy Rich Asians." The Warner Bros. film opened at $5 million on Wednesday
World News
China says hypersonic aircraft test a success
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World News
Pentagon: China likely training pilots to target US
Washington (CNN)China is actively developing its fleet of long-range bombers and "likely" training its pilots for missions targeting the US, according to a new Pentagon report. "Over the last three years, the PLA has
World News
Duterte says Beijing should ‘temper’ its behavior in the South China Sea
(CNN)Philippines President Rodrigo Duterte has called for the Chinese government to tone down its behavior in the South China Sea, warning ongoing tensions could spark an accidental conflict.Speaking Tuesday at the Malacanang Palace in


