Wednesday , July 26 2017


Economy Needs Workers, but Drug Tests Take a Toll

YOUNGSTOWN, Ohio — Just a few miles from where President Trump will address his blue-collar base here Tuesday night, exactly the kind of middle-class factory jobs he has vowed to bring back from overseas are going begging. It’s not that local workers lack the skills for these positions, many of ...

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In China, Herd of ‘Gray Rhinos’ Threatens Economy

SHANGHAI — Let the West worry about so-called black swans, rare and unexpected events that can upset financial markets. China is more concerned about “gray rhinos” — large and visible problems in the economy that are ignored until they start moving fast. The rhinos are a herd of Chinese tycoons ...

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In China, Silicon Valley Giants Confront New Walls

SHANGHAI — Facebook is the world’s largest social network, with more than two billion users. LinkedIn was sold to Microsoft for $ 26 billion last year. And Apple is Apple, the most valuable company in the world. In most local markets, it would be a surprise if any one of ...

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What the Decline of the Dollar Means

The value of the dollar has fallen steadily since the beginning of 2017, erasing a sharp rise immediately after President Trump’s election. To take one example, the number of euros that can be obtained for one dollar has declined to the lowest level in more than a year. The dollar ...

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AMC Tries to Steer Clear of Chinese Owner’s Debt Worries

AMC Entertainment tried to distance itself on Tuesday from debt concerns around its Chinese parent company that have sent shares in the American cinema chain falling. AMC has been caught up in the scrutiny surrounding its owner, Dalian Wanda, which is among several Chinese conglomerates that have borrowed heavily to ...

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New Hotel Policies Mean a Late Cancellation Will Cost You

Business travel can be unpredictable: Flights can be delayed, meetings rescheduled or assignments changed — sometimes with little notice. But now, those last-minute changes could prove costly as more hotels impose 48-hour minimums for canceling a stay without penalty. Marriott International, which recently acquired Starwood Hotels and Resorts, was the ...

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