Economy

Japan’s two largest commercial airlines are toughening their stances against travelers who verbally or physically abuse airline staff. Japan Airlines and All Nippon Airways updated their websites Friday with “customer harassment” policies, in the wake of rising instances of front-line worker abuse occurring across industries in Japan. Using similarly worded language, the two airlines cited […]

Salesforce CEO Marc Benioff attends the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Halil Sagirkaya | Anatolia | Getty Images Salesforce investors voted against the company’s compensation plan for top executives, after shareholder advisory groups raised concerns about equity awards granted to CEO Marc Benioff. According to a regulatory filing on Monday […]

Geely’s SEA architecture for cars allows vehicles of different sizes to be manufactured at the same factory. CNBC | Evelyn Cheng BEIJING — Chinese electric car company Seaweed said Monday it delivered a record number of vehicles in June, making its deliveries for the first half of the year the largest among U.S.-listed Chinese companies […]

Former U.S. President and Republican presidential candidate Donald Trump looks on during his campaign event, in Racine, Wisconsin, U.S. June 18, 2024. Brendan Mcdermid | Reuters On a cool, sunny June evening in San Franciscothe Pacific Heights mansion of venture capitalist David Sacks was the scene of an event that is rare to see in […]

Woman counting a pile of coins. Baona | E+ | Getty Images Young people probably sense the same thing that everyone else does: the economy just isn’t doing that well. Christopher Beddor Gavekal Dragonomics ‘No choice’ but to spend less? So why are Chinese youngsters getting increasingly circumspect with their spending? “Young people probably sense […]

China has so far not acted in an aggressive manner toward shipping in the South China Sea, but the very potential of action creates a clear threat to the economies of Japan and South Korea.Kazuhiro Nogi | AFP | Getty ImagesThe following commentary is from Kevin Klowden, chief global strategist of Milken Institute.News coverage of… […]

China state broadcaster reported late Tuesday the Communist Party pledged to step up auditing work to ensure officials implement measures to stabilize economic growth.S3studio | Getty Images Entertainment | Getty ImagesChina has pledged to curb risks and stabilize economic growth by boosting auditing work to make sure the ruling party officials implement policy initiatives, state… […]

Xie Feng, China’s new ambassador to the U.S., addresses the media as he arrives at JFK airport in New York City, May 23, 2023.Brendan McDermid | ReutersChina’s new ambassador to the U.S. arrived in New York Tuesday with a call to “safeguard the interests of China,” according to a release from the country’s embassy in… […]

Thomas Trutschel | Photothek | Getty ImagesA company that allegedly facilitated billions of spam calls is being sued by nearly every attorney general in the country for allegedly violating consumer protection and telemarketing laws, according to a complaint filed Tuesday.Avid Telecom, a Voice over Internet Protocol provider, facilitated more than 7.5 billion calls to numbers… […]

A major activist investor is betting stalled return-to-office plans will stir up more trouble in commercial real estate.Land and Buildings’ Jonathan Litt has been shorting REITs with high office space exposure for three years, and he has no plans to shift gears.”If you have no rent growth and your vacancies are going up and you… […]