Economy

A 7-Eleven convenience store, operated by Seven & i Holdings Co., in Kawasaki, Japan, on Monday, Aug. 19, 2024. Bloomberg | Bloomberg | Getty Images Circle K operator Couche-Tard Food’s proposal to acquire Japanese rival and 7-Eleven owner Seven & i Holdings Co. is likely to attract antitrust scrutiny, particularly in the U.S., according to […]

Bernard Meyer lives with his wife and two daughters in Lithuania. Bernard Meyer Bernard Meyer moved to Lithuania from the U.S. just over a decade ago — and says he’s learned one key life lesson living in the country: how to have better work-life balance. Lithuania, located in northeastern Europe, was named the world’s happiest […]

Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Alaska Airlines said its plan to acquire Hawaiian Airlines has cleared the U.S. Justice Department after the period for antitrust regulators […]

The People’s Bank of China set the yuan trading mid-point on June 28 at its weakest in eight months.Sheldon Cooper | SOPA Images | LightRocket via Getty ImagesTop currency officials in Asia are pushing back on bets that sent their currencies to multi-month lows this week, deepening their underperformance for the year.Japan finance officials have… […]

The headquarters building of Micron Technology Inc. stands in Boise, Idaho, U.S.Matthew Staver | Bloomberg | Getty ImagesShares of Asian chipmakers rallied on Thursday after Micron Technology’s bullish outlook overnight, which indicated the sector’s supply glut may finally be easing.The U.S. chipmaker reported third quarter earnings that beat estimates, thanks to higher demand for its… […]

Huawei Technologies Chief Financial Officer Meng Wanzhou reacts as she leaves her home to attend a court hearing in Vancouver, Canada, August 10, 2021.Jennifer Gauthier | ReutersSHANGHAI — Huawei’s Chief Financial Officer Meng Wanzhou said Wednesday that applying 5G technology to business was more difficult than she had expected.One of the expectations for 5G connectivity… […]

After a recent landslide vote of union members, the ILWU Canada has served notice it plans to strike at the country’s West Coast ports starting on July 1. The Canadian Labor Code requires three days’ notice to announce a strike. The notice came on Wednesday.Over 99% of ILWU Canada union workers critical for West Coast… […]

Michael Barr, Vice Chair for Supervision at the Federal Reserve, testifies about recent bank failures during a US Senate Committee on Banking, House and Urban Affairs hearing on Capitol Hill in Washington, DC, May 18, 2023.Saul Loeb | AFP | Getty ImagesAll 23 of the U.S. banks included in the Federal Reserve’s annual stress test… […]

“Quiet quitting” made waves last year as employees started prioritizing boundaries by not taking on additional work or going above and beyond at their jobs. While quiet quitting is often regarded as a personal rejection of the hustle culture, some workers are no longer keeping discontentment on the down-low — instead, they are engaging in “loud… […]

A Nvidia Corp. HGX H100 artificial intelligence supercomputing graphics processing unit (GPU) at the showroom of the company’s offices in Taipei, Taiwan, on Friday, June 2, 2023.I-Hwa Cheng | Bloomberg | Getty ImagesChina’s artificial intelligence stocks fell Wednesday after the Wall Street Journal reported that the U.S. is planning to impose new curbs on shipments… […]