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Washington Post Business
Aug 03, 2021

Airbnb, other vacation rental companies face renewed pressure over home elevators
None of the companies indicated they would fully follow the agency's recommendations for dealing with what the CPSC described as an "extreme hazard."

Washington Post Business
Aug 02, 2021

The eviction moratorium has ended. Here's what renters need to know.
Now that the federal ban on evictions has expired, renters need to figure out what they have to pay, what rental assistance may be available and the best options for catching up on past-due payments.

Washington Post Business
Aug 01, 2021

A tsunami of deferred debt is about to hit homeowners no longer protected by a foreclosure moratorium
Homeowners behind on their mortgage payments who aren't forced out will still be displaced if selling is their only option, and an estimated one in ten10 borrowers in forbearance will not have enough equity to sell.

Washington Post Business
Aug 01, 2021

With new vaccine and mask requirements, businesses scramble to respond to delta variant and shifting health guidance
Walmart and Disney became the latest companies to abruptly announce they are requiring vaccines for many of their employees.

Washington Post Business
Jul 31, 2021

Disney and Walmart mandate that employees be vaccinated as covid-19 cases spike nationwide
The news comes after corporate giants Google, Facebook and Uber announced their own vaccine mandates for employees this week.

Washington Post Business
Jul 31, 2021

Disney and Walmart mandate employees to be vaccinated as covid-19 cases spike nationwide
The news comes after corporate giants Google, Facebook and Uber announced their own vaccine mandates for employees this week.

Washington Post Business
Jul 31, 2021

Eviction moratorium expires as renters face rising covid cases and lack of aid
Moody's data shows there are still well over 6 million renters behind on payments as the eviction moratorium expires on July 31.

Washington Post Business
Jul 30, 2021

Congress should get Trump's tax returns, Biden Justice Department says
Biden Justice Department has concluded that seeking Trump's taxes serves "a legitimate legislative purpose."

Washington Post Business
Jul 30, 2021

With prices rising 4 percent in June, policymakers try to steer through recovery's haziness
Policymakers at the Federal Reserve and in the Biden administration continue to say that the price increases reflect a fundamental mismatch of supply and demand.

Washington Post Business
Jul 30, 2021

E.U. regulator hits Amazon with record $887 million fine for data protection violations
The e-commerce giant disputes the findings of Luxembourg's data protection commission and says it will appeal.

Washington Post Business
Jul 30, 2021

Evictions are about to restart as tenants wait on billions in unspent rental aid
Overall just 36 out of more than 400 states, counties and cities reporting data to the Treasury Department were able to spend half of the money allotted them by the end of June. Another 49 hadn't spent any funds at all.

Washington Post Business
Jul 30, 2021

The IRS erroneously rejected child tax credit payments for some families with an immigrant spouse
Because of an IRS glitch, many families with one immigrant parent have to wait longer for child tax credit payments.

Washington Post Business
Jul 30, 2021

How the long-dead public-television painter Bob Ross became a streaming phenomenon (and kicked up plenty of dirt in the process)
Bob Ross is a supremely unlikely hero of the digital video age — and, according to critics, a cautionary tale.

Washington Post Business
Jul 30, 2021

Prices rose 4 percent in June as policymakers try to steer through recovery's haziness
Policymakers at the Federal Reserve and Biden administration continue to say that the price increases reflect a fundamental mismatch of supply and demand.

Washington Post Business
Jul 30, 2021

These self-described trolls tackle climate disinformation on social media with wit and memes
Environmental activists, researchers, lawmakers and others are haunting corporate social media feeds to push back against greenwashing.

Washington Post Business
Jul 30, 2021

Why China Is Cracking Down on its Technology Giants: QuickTake
China's hands-off approach to the technology sector has minted billionaires and giant companies at a breathtaking pace. Now President Xi Jinping's government is reining in the country's most powerful corporations, including Alibaba Group Holding Ltd., Tencent Holdings Ltd and Didi Global Inc., along with their billionaire founders. The scrutiny is shaping up as one of the largest concerted actions against private enterprise in decades and raising the prospect that the leeway enjoyed by entrepren

Washington Post Business
Jul 30, 2021

China built the world's largest facial recognition system. Now, it's getting camera-shy.
Authorities are putting the freewheeling industry on notice, amid a broad crackdown on Big Tech.

Washington Post Business
Jul 29, 2021

Ron Popeil, inventor, pitchman and TV infomercial star, dies at 86
With low-tech commercials, he made millions with his Chop-O-Matic, Pocket Fisherman and Showtime Rotisserie oven.

Washington Post Business
Jul 29, 2021

Biden's vaccine rule draws both cheers and resistance from federal workers
Many federal employee unions are coming out in opposition to a vaccine requirement. Other workers say the mandate would make them more safe.

Washington Post Business
Jul 29, 2021

Boeing's engineering prowess faces a test: Its Starliner do-over launch
Boeing's first Starliner flight mission in 2019 was a flop. Friday's re-do is a make-or-break chance to show Boeing can still be a major participant in the U.S. commercial crew program.

Washington Post Business
Jul 29, 2021

Robinhood drops 8 percent after Nasdaq debut
The wildly popular stock-trading app was priced at $38 a share, the low end of its range.

Washington Post Business
Jul 29, 2021

New transit-oriented apartment building with affordable rents opens in Arlington
TOWN SQUARE | The apartments include fully equipped kitchens with Energy Star-certified appliances, ceiling fans and large closets. Up to two cats are allowed per unit.

Washington Post Business
Jul 29, 2021

Luxury home sales hit new highs despite pandemic worries
The wealthy benefit from a surging stock market and mortgage rates near record lows.

Washington Post Business
Jul 29, 2021

Why Contracts for Difference Are Back Under Scrutiny
Contracts for difference, or CFDs, have hastened the demise of an Irish bank, triggered alleged Ponzi schemes in Chile, featured in a $100 million U.S. insider-trading racket and seen echoes of their use in the implosion of Archegos Capital Management.

Washington Post Business
Jul 29, 2021

Why U.S. Advice on Wearing Masks Became ‘On Again'
Advice from U.S. authorities on the need for face masks has flipped back and forth since Covid-19 took hold in 2020. In May, the Centers for Disease Control and Prevention said immunized Americans could ditch their masks in most settings. It's now reversed course amid a rise in cases caused by the more transmissible delta variant.

Washington Post Business
Jul 29, 2021

Understanding the Unraveling of Tunisia's Revolution
Tunisia's democracy, born of the Arab Spring revolts, has endured as others in the region have faded. But it's now facing its biggest assault since the 2011 ouster of its longtime autocratic leader. In his boldest move against rival power bases since his 2019 election as an independent, President Kais Saied in July fired the country's technocratic prime minister and suspended parliament, where moderate Islamists of the Ennahda party hold the most seats. Critics of Saied fear he will return Tunis

Washington Post Business
Jul 29, 2021

White House has spoken to Israeli officials about spyware concerns following Pegasus Project revelations
The talks follow reporting by The Washington Post and other news organizations into how the NSO Group's phone-hacking tool was used to surveil human rights activists and journalists around the world.

Washington Post Business
Jul 29, 2021

Johnson & Johnson vaccine production restarts in Baltimore but still not authorized for distribution
Emergent BioSolutions says the FDA allowed it to restart production after a lengthy suspension, an interim step toward winning full manufacturing authorization of Johnson & Johnson coronavirus vaccine.

Washington Post Business
Jul 29, 2021

SBA will directly handle PPP loan forgiveness so banks don't have to
The SBA is plans to open a new loan forgiveness portal for borrowers, allowing banks to sidestep loan forgiveness paperwork.

Washington Post Business
Jul 29, 2021

Scarlett Johansson sues Disney over ‘Black Widow' digital release
The suit is the most visible salvo yet in a battle that has been playing out behind the scenes for months, as stars and their representatives complain that studios are shortchanging them by not releasing their movies exclusively in theaters.

Washington Post Business
Jul 29, 2021

Biden's planned vaccine rule meets resistance from large groups of federal workers
Many federal employee unions are coming out in opposition to a vaccine requirement. But other workers say the mandate would make them more safe at work.

Washington Post Business
Jul 29, 2021

Sucker Punch has unfinished business with ‘Ghost of Tsushima'
Jin's story will expand on the "anthology" of his new adventures.

Washington Post Business
Jul 29, 2021

Johnson & Johnson vaccine production cleared to restart in Baltimore but still not authorized for distribution
Emergent BioSolutions says the FDA allowed it to restart production after a lengthy suspension, an interim step toward winning full manufacturing authorization of Johnson & Johnson coronavirus vaccine.

Washington Post Business
Jul 29, 2021

Held in place by opposing forces, mortgage rates take a pause
The 30-year fixed average, which has remained below 3 percent the past five weeks, moved slightly higher to 2.8 percent.

Washington Post Business
Jul 29, 2021

Robinhood valued at $32 billion ahead of Nasdaq debut
The wildly popular stock trading app was priced at $38 a share, the low end of its range.

Washington Post Business
Jul 29, 2021

U.S. economy grew annual 6.5 percent between April and June, marking full recovery from the pandemic
The economy is officially recovered from the coronavirus pandemic. For the first time since covid took hold, economic output eclipsed its pre-pandemic high, after adjusting for inflation.

Washington Post Business
Jul 29, 2021

New bill would update decades-old law governing children's privacy online, add protection for teens
Rep. Kathy Castor plans to introduce the bill as lawmakers increasingly call for greater protection for kids online.

Washington Post Business
Jul 29, 2021

Female teen lifeguard questions why male teen guards are being paid more for the same job
A female teen lifeguard learns that male teens who were hired after her are being paid more to do the same job — and the pool company's after-the-fact reasoning doesn't seem to hold water. What can she do?

Washington Post Business
Jul 28, 2021

Bipartisan infrastructure pact clears key Senate vote after breakthrough in talks
The measure has White House support, while Sens. Rob Portman (R-Ohio) and Kyrsten Sinema (D-Ariz.) say all significant disagreements have been resolved around the roughly $1 trillion package.

Washington Post Business
Jul 28, 2021

Robinhood reveals new regulatory probes ahead of massive IPO
Regulators are asking about employee meme stock trading and whether its two founders complied with financial registration rules.

Washington Post Business
Jul 28, 2021

Key Senate Democrats and Republicans appear set to clinch a $1 trillion infrastructure deal
Next vote could come as soon as Wednesday. Portman, Sinema each say all significant disagreements have been resolved around roughly $1 trillion package

Washington Post Business
Jul 28, 2021

Get ready to pay more for tomatoes, as California growers reel from extreme weather
The drought threatens to imperil some of Americans' favorite ingredients — pizza sauce, marinara, tomato paste, stewed tomatoes and ketchup all hang in the balance.

Washington Post Business
Jul 27, 2021

Nobody knows if beefing up the IRS will really pay off. We should do it anyway.
A better-equipped and better-staffed IRS will change the way that big companies and ultra-wealthy tax-dodgers behave -- and that's a lot more valuable to our country than any profits that taxpayers might get from a beefed-up tax agency.

Washington Post Business
Jul 27, 2021

Biden plans to require federal workers to be vaccinated or undergo repeated tests
Such a push would mark a significant expansion in efforts to vaccinate Americans as the delta variant spreads.

Washington Post Business
Jul 27, 2021

Biden says White House exploring vaccine mandate for federal employees
Such a push would mark a significant expansion of effort to vaccinate Americans as delta variant spreads.

Washington Post Business
Jul 27, 2021

Late tax refunds, stimulus money and child tax credit payments frustrate families, and poor IRS communication isn't helping
A recent GAO report says the IRS isn't communicating well enough about processing delays for the 2021 tax season that are impacting stimulus and child tax credit payments. Many families agree as they wait for any news about why they haven't received their funds.

Washington Post Business
Jul 27, 2021

Blizzard employees plan walkout over company's handling of discrimination, sexual harassment suit
Multiple current employees of Blizzard Entertainment said over 50 workers plan to halt work Wednesday.

Washington Post Business
Jul 27, 2021

The esports vision of Lando Norris and McLaren Racing
The rising F1 star has always enjoyed racing sims and streaming. Now he's applying that passion to McLaren's broadening ambitions.

Washington Post Business
Jul 27, 2021

Walmart now offering free college tuition and books to its 1.5 million U.S. employees
The move by the nation's largest private employer comes as many retailers are struggling to fill jobs amid a tight labor market.

Washington Post Business
Jul 27, 2021

How a Power Struggle in Haiti Preceded President's Assassination
The assassination of Haitian President Jovenel Moise follows a bitter constitutional power struggle in the poorest country in the Americas. The dispute had prompted months of widespread street protests, bloody clashes with police and opposition accusations that Moise was using heavy-handed tactics to cling to power. The long-troubled Caribbean nation of 11 million people -- located a little over 700 miles from Florida -- is suffering with the pandemic (it's failed to vaccinate a single citizen),

Washington Post Business
Jul 27, 2021

How Myanmar's Coup Puts Democracy on the Back Burner Again
Ten years after Myanmar began its transition to democracy -- following decades of brutal military rule and isolation -- the armed forces are back in power.

Washington Post Business
Jul 27, 2021

New condos are amplifying the ‘boom' in D.C.'s Trinidad neighborhood
BUYING NEW | La Demuren Vue has 45 condos — one to three bedrooms, studio to penthouse — all ready to go.

Washington Post Business
Jul 27, 2021

The economic recovery has no playbook
Remarks from the Fed chair, a GDP report and new inflation data may help policymakers' understanding of the economy's health.

Washington Post Business
Jul 27, 2021

The economic recovery has no playbook. But it may get a few notes in the margin this week.
Remarks from the Fed chair, a GDP report and new inflation data may help policymakers' understanding of the economy's health.

Washington Post Business
Jul 27, 2021

States that cut unemployment early aren't seeing a hiring boom, but who gets hired is changing
States that scaled back unemployment aid have seen a decline in teen employment and an increase in workers over 25, early evidence has found.

Washington Post Business
Jul 27, 2021

Here's what you should consider before buying a 3-D-printed home
ASK THE BUILDER | There might be lots of drawbacks or hidden bugaboos with 3-D-printed homes. Almost all of these factor into the cost of the 3-D-printed home, and some may actually cause the home's price to go up.

Washington Post Business
Jul 27, 2021

Athletes offer behind-the-scenes look at the Olympic Village on TikTok, from cardboard beds to deep-fried Camembert
Olympic athletes have been posting about all facets of the Games, offering glimpses into their daily routines, small rivalries and the village where they're all residing.

Washington Post Business
Jul 27, 2021

Why a home warranty may help if you waived your home inspection
TOWN SQUARE | A home warranty may be a good backup if you forgo a home inspection. But beware: Home warranty companies have a high customer complaint rate, according to the Better Business Bureau.

Washington Post Business
Jul 27, 2021

Why China's New Carbon Market Is No Quick Climate Fix
China, which surpassed the U.S. as the world's biggest polluter years ago, is looking to financial markets to help restrain its greenhouse gas emissions and has launched the world's largest carbon trading system. But it could be years before the new market has any meaningful effect. Instead of starting off tough on reducing emissions, China's aim seems to be getting as many companies as it can on board. The question is whether it will be able to follow through on raising standards down the road.

Washington Post Business
Jul 27, 2021

Why China Is Cracking Down Now on After-School Tutors
China's private education companies had for years been the darlings of investors from New York to Shanghai, building a $100 billion industry on the promise of the world's largest and arguably most-competitive schooling system. Then they got caught up in the Chinese government's sweeping efforts to rein in the country's technology giants, with a regulatory clampdown unveiled in July after months of rumbling that threatens to put an end to years of out-sized growth. The industry's rise -- and futu

Washington Post Business
Jul 27, 2021

Toyota's basketball robot stuns at the Tokyo Olympics with its flick of the wrist
CUE, Toyota's AI basketball robot, showed off at the Tokyo Olympics.

Washington Post Business
Jul 27, 2021

Tips for renewing your lease that may save you time, money and headaches
There may be an apartment across town where the rent is lower, but when you consider the cost of a new deposit, utility transfer costs and moving truck fees, among other expenses, you may not be saving money after all.

Washington Post Business
Jul 27, 2021

Can I Be Required to Get Vaccinated Against Covid-19?
With Covid vaccination rates leveling off in the U.S. and cases of coronavirus infection again rising with the spread of the more contagious delta variant, more employers are requiring workers to get shots before returning to the office. Under U.S. law, employers have the power to issue such orders, as do government authorities. Whether mandates are effective in expanding the uptake of a vaccine is a matter of debate, however.

Washington Post Business
Jul 27, 2021

How Myanmar Coup Puts Democracy on Back Burner Again: QuickTake
Ten years after Myanmar began its transition to democracy -- following decades of brutal military rule and isolation -- the armed forces are back in power. After former dissident Aung San Suu Kyi, the charismatic daughter of the country's modern founder, scored another in a series of sweeping election victories, the generals disputed the vote and took her into custody. That set off street protests that were met with deadly force against civilians, including children. The coup was another blow fo

Washington Post Business
Jul 27, 2021

Four-bedroom, two-bathroom condo in Southeast lists for $220,000
AFFORDABLE HOME OF THE WEEK | The main level includes hardwood floors, a living area with a bay window and a galley-style kitchen with granite counters, a window at one end and a pass-through opening to the living and dining area.

Washington Post Business
Jul 27, 2021

I inherited land that recently sold. What will I owe in taxes?
REAL ESTATE MATTERS | Usually when a person inherits an asset, they inherit the asset and step up the value of the asset at the time of the person's death.

Washington Post Business
Jul 26, 2021

Elon Musk says Tesla drivers can now subscribe to ‘Full Self-Driving.' But he isn't sure they should.
The eyebrow-raising comments came as Tesla announced its second-quarter earnings results Monday, and Musk said he would step aside from earnings calls.

Washington Post Business
Jul 26, 2021

4 Democrats suggest blacklisting Israeli spyware firm over hacks of journalists, activists
Reps. Tom Malinowski (D-N.J.), Katie Porter (D-Calif.), Joaquin Castro (D-Texas) and Anna G. Eshoo (D-Calif.) issued a joint statement.

Washington Post Business
Jul 26, 2021

Activision Blizzard staff rebuke ‘insulting' leadership response to discrimination lawsuit
"Categorizing the claims that have been made as ‘distorted, and in many cases false' creates a company atmosphere that disbelieves victims," reads the letter.

Washington Post Business
Jul 26, 2021

From ports to rail yards, global supply lines struggle amid virus outbreaks in the developing world
Some back-to-school products could be hard to find for American consumers in the coming weeks.

Washington Post Business
Jul 26, 2021

Frito-Lay workers end 19-day strike in Kansas with contract that guarantees one day off per week
Workers at the Topeka plant had called on the snack food giant to end forced overtime and 84-hour workweeks when the walkout began July 5.

Washington Post Business
Jul 26, 2021

Blue Origin offers to waive $2 billion in NASA payments in bid for moon landing contract
In April, Jeff Bezos's Blue Origin spaceflight company lost out to Elon Musk's SpaceX in a contest to return U.S. astronauts to the moon. But Blue Origin wants back in.

Washington Post Business
Jul 26, 2021

The robot will see you now: Health-care chatbots boom but still can't replace doctors
Health-care chatbots have been used for years, but exploded in popularity over the past year as the system became overwhelmed with covid-related questions and treatment.

Washington Post Business
Jul 26, 2021

Frito-Lay workers end 20-day strike in Kansas with contract that guarantees one day off per week
Workers at the Topeka plant had called on the snack food giant to end forced overtime and 84-hour workweeks when the walkout began July 5.

Washington Post Business
Jul 26, 2021

The robot will see you now: Health-care chatbots boom, but still can't replace doctors
Health-care chatbots have been used for years, but exploded in popularity over the past year as the system became overwhelmed with covid-related questions and treatment.

Washington Post Business
Jul 25, 2021

Restaurants are shelling out more for clams — making Flo's Clam Shack shuck its namesake dish
Though a sign outside proclaims the spot is "famous for clams," Flo's Clam Shack is taking a hiatus from hawking fried steamers.

Washington Post Business
Jul 24, 2021

Tokyo Olympics get a taste of esports, sort of
Video games had their place at the Tokyo Olympics this year, even if it was virtual, laggy and held before the Opening Ceremonies even began.

Washington Post Business
Jul 23, 2021

Amazon opens discrimination investigation after internal petition wins backing of hundreds of employees
Amazon's new chief executive agrees to probe after workers complain in a petition about "an underlying culture of systemic discrimination, harassment, bullying and bias."

Washington Post Business
Jul 23, 2021

U.S. stocks hit record highs, with Dow breaching 35,000, even as delta variant concerns grow
The blue-chip index rebounds from its worst day of 2021 with a four-day win streak.

Washington Post Business
Jul 23, 2021

U.S. stocks hit record highs, with Dow breaching 35,000, even as delta concerns grow
The blue-chip index rebounds from its worst day of 2021 with a four-day win streak.

Washington Post Business
Jul 23, 2021

What Makes Delta the Most Disruptive Virus Variant
As the coronavirus sweeps across the globe in relentless waves, a succession of more-infectious strains has washed up. So far delta, the variant first reported in India in October, is the most worrisome. About twice as transmissible as the original virus that emerged in late 2019, delta combines a multitude of genetic features that have enabled it to pierce public-health defenses to stoke severe epidemics and trigger fresh rounds of movement restrictions or delay planned easings of them.

Washington Post Business
Jul 23, 2021

After six worker deaths in nitrogen leak, Labor Dept. fines poultry plant, three other companies
The Department of Labor announced the citations — 59 in total — on Friday, with Secretary Marty Walsh saying the deaths were "entirely avoidable."

Washington Post Business
Jul 23, 2021

Crocs accuses Walmart, Hobby Lobby and nearly 20 other brands of copying its ‘iconic design'
The clog maker's lawsuits claim other companies are unfairly profiting from its signature look. ‘It is essential that we protect Crocs' iconic DNA,' an executive says.

Washington Post Business
Jul 23, 2021

Instagram is giving you more control over ‘sensitive content.' Here's how to turn it off — or dial it up.
For the first time, you can control how much "sensitive content" you see in your Instagram explore tab.

Washington Post Business
Jul 23, 2021

How the U.K.'s Hold on Gibraltar Is Challenged by Brexit
The aftershocks of the U.K.'s exit from the European Union are still being felt in Gibraltar, the rocky outcrop at Spain's southern tip that's been British for three centuries. Its 2.35 billion-pound ($3.2 billion) services-based economy is dependent on the untrammeled flow of frontier workers and other visitors coming in from Spain -- the type of free movement that Brexit was meant to limit. Rules guiding border protocols are still in flux, even after the EU and the U.K. sealed their divorce.

Washington Post Business
Jul 23, 2021

The music for the Tokyo Olympics Opening Ceremonies? It comes from video games.
Nations walked out to obscure tracks from "Final Fantasy," "Monster Hunter."

Washington Post Business
Jul 23, 2021

U.S. stocks extend rally into fourth day, even as delta concerns grow
The Dow pops 200 points at the open, putting it on track to end the week in positive territory after enduring its worst one-day loss of 2021.

Washington Post Business
Jul 23, 2021

Who Needs Tesla Analysts When There's Reddit?
The rise in the shares of Elon Musk's company defies logic. That hasn't stopped Wall Street analysts trying to rationalize it.

Washington Post Business
Jul 23, 2021

The next child tax credit payment date is Aug. 13. Here are some key things you should know.
Many parents are confused by reduced payments for children who are turning 6 this year. Meanwhile, children who turn 18 this year age out completely from receiving payments.

Washington Post Business
Jul 23, 2021

For NBC, the covid Olympics will be a feat of strange movements and remote mystery
Storage spaces as broadcast booths, Orlando hotels as family cheering sections and other oddities mark the broadcast of the 2021 improvisational Games, being called the 2020 Tokoyo Olympics.

Washington Post Business
Jul 23, 2021

Amazon pledges to investigate discrimination after internal petition wins backing of hundreds of employees
Amazon's new chief executive agrees to probe after workers complain in a petition about "an underlying culture of systemic discrimination, harassment, bullying and bias."

Washington Post Business
Jul 23, 2021

Chevy Chase, Md., condo is a showcase for art
HOUSE OF THE WEEK | Husband and wife (architect and artist) designed the apartment more as a gallery than living space.

Washington Post Business
Jul 23, 2021

What ‘Keepwell' Means With Bonds Like Evergrande's
A potential restructuring at one of China's largest, state-run managers of distressed debt -- China Huarong Asset Management Co. -- and fears of a default by the world's most indebted developer -- China Evergrande Group -- have drawn fresh attention to the labyrinthine structures that Chinese borrowers use to issue and guarantee offshore debt. The so-called keepwell provisions are supposed to protect a foreign bondholder in case the mainland company runs into financial trouble. The problem is th

Washington Post Business
Jul 23, 2021

What ‘Keepwell' Means in Case of China Bond Defaults
A potential restructuring at one of China's largest, state-run managers of distressed debt -- China Huarong Asset Management Co. -- and fears of a default by the world's most indebted developer -- China Evergrande Group -- have drawn fresh attention to the labyrinthine structures that Chinese borrowers use to issue and guarantee offshore debt. The so-called keepwell provisions are supposed to protect a foreign bondholder in case the mainland company runs into financial trouble. The problem is th

Washington Post Business
Jul 22, 2021

What's Behind Value Investing's Long Losing Streak?
The strategy has suffered a devastating drought for more than a decade, sending investors scrambling for answers.

Washington Post Business
Jul 22, 2021

Texas Vents at France, Fake News and the Woke
The state's oil regulator is a little too defensive about methane emissions.

Washington Post Business
Jul 22, 2021

How Pegasus Took Spyware's Potency to a New Level
Spyware is used by law enforcement and intelligence agencies to track criminals and terrorists. In the hands of repressive governments, it can be a tool used against enemies.

Washington Post Business
Jul 22, 2021

What's a ‘Pingdemic' and Why Is the U.K. Having One?
A record number of people who've come into contact with an infected person are self-isolating, most of them having been "pinged" by the National Health Service's contact-tracing app.

Washington Post Business
Jul 22, 2021

Why South Africa Just Suffered Its Worst Riots Since Apartheid
The jailing of South Africa's former president, Jacob Zuma, in July triggered protests that devolved into the worst violence -- at least 215 people dead during days of rampant looting and arson -- the country has seen since the end of apartheid in 1994.

Washington Post Business
Jul 22, 2021

Searching for Money's New Standard
Five decades after the gold standard ended, history shows efforts to control money rarely last long.

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