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Bloomberg Inside the Race to Avert Disaster at China’s Biggest ‘Bad Bank’ (Bloomberg) — It was past 9 p.m. on Financial Street in Beijing by the time the figure inside Huarong Tower there picked up an inkbrush and, with practiced strokes, began to set characters to paper.Another trying workday was ending for Wang Zhanfeng, corporate chairman, Chinese Communist Party functionary—and, less happily, replacement for a man who very recently had been executed.On this April night, Wang was… Source link

NEW YORK — Google is venturing into new territory. While some brick-and-mortar stores are shutting their doors due to being unable to compete with online shopping, Google is planning to open a physical store. The company announced plans to open the first “Google Store” this summer in New York. It will employ experts to help customers with installations, tech issues or broken screens. The store will also sell Google products – like Pixel phones, Pixel books, Fitbit devices and Nest products. The… Source link

NEW YORK — Google is venturing into new territory. While some brick-and-mortar stores are shutting their doors due to being unable to compete with online shopping, Google is planning to open a physical store. The company announced plans to open the first “Google Store” this summer in New York. It will employ experts to help customers with installations, tech issues or broken screens. The store will also sell Google products – like Pixel phones, Pixel books, Fitbit devices and Nest products. The… Source link

Investors this week are poised to receive a number of key economic data reports offering the latest look at the state of inflation in the U.S., with investors and consumers alike jittery at the prospects of rising prices during the post-pandemic recovery. The U.S. Bureau of Economic Analysis will release its April personal consumption expenditures (PCE) index on Friday. The print is expected to show a rise of 3.5% in April over last year for the biggest increase since 2008, according to… Source link

Rep. Lauren Boebert on the House steps of the Capitol on Monday, January 4, 2021. Tom Williams/CQ-Roll Call, Inc via Getty Images Rep. Lauren Boebert falsely claimed Texas hasn’t recorded a single COVID-19 death in two months. “Since removing the mask mandate …Texas has not reported a single COVID death,” she claimed. Data shows 3,600 Texans lost their lives to the virus since March 2, the day restrictions were lifted. See more stories on Insider’s business page. Rep. Lauren Boebert of Colorado… Source link

Bloomberg Inside the Race to Avert Disaster at China’s Biggest ‘Bad Bank’ (Bloomberg) — It was past 9 p.m. on Financial Street in Beijing by the time the figure inside Huarong Tower there picked up an inkbrush and, with practiced strokes, began to set characters to paper.Another trying workday was ending for Wang Zhanfeng, corporate chairman, Chinese Communist Party functionary—and, less happily, replacement for a man who very recently had been executed.On this April night, Wang was… Source link

NEW YORK — Google is venturing into new territory. While some brick-and-mortar stores are shutting their doors due to being unable to compete with online shopping, Google is planning to open a physical store. The company announced plans to open the first “Google Store” this summer in New York. It will employ experts to help customers with installations, tech issues or broken screens. The store will also sell Google products – like Pixel phones, Pixel books, Fitbit devices and Nest products. The… Source link

Android 12, which is now available as a public beta, will work with Android TV. Angela Lang/CNET

Hail, freezing rain and gale-force winds during a high-altitude mountain ultramarathon led to the deaths of 21 experienced runners in northwestern China on Saturday, state media and the Associated Press reported. The 62-mile Huanghe Shilin Mountain Marathon race began in sunny conditions that morning. By 1 p.m. the weather turned to freezing rain, hail stones and gale winds, the state-run Global Times reported. Rescuers confirmed that 151 of the 172 total runners were safe, via AP, and eight… Source link

Former Michigan State University basketball star Keith Appling was named as a suspect in a deadly shooting late Saturday by the Detroit Police Department.  At around 7:10 p.m. on the city’s west side a verbal altercation ensued between a 66-year-old male victim and a 29-year-old man later identified as Appling, police said. The verbal altercation turned physical and Appling reportedly fired multiple gunshots at the older man, police said.  Police said the suspect fled the scene in a newer… Source link