The Chinese leader has increasingly demanded that businesses conform to the aims of the Communist Party, an agenda he doubled down on this week at an important political gathering.
Category: Regulation and Deregulation of Industry
-
In Xi’s China, the Business of Business Is State-Controlled
The New York Times – Business: -
Kroger and Albertsons Announce Plan to Merge in $25 Billion Deal
The New York Times – Business:The deal, an effort to bulk up against deep-pocketed rivals Walmart and Amazon, is likely to invite serious antitrust scrutiny from regulators.
-
What the $24.6 Billion Kroger-Albertsons Merger Could Mean for Groceries
The New York Times – Business:Two of the largest U.S. supermarket chains hope to join forces as inflation pushes food prices higher and as Amazon and Walmart become more powerful.
-
Elizabeth Warren Singles Out Wells Fargo for ‘Alarming Pattern’ of Zelle Fraud
The New York Times – Business:Customers’ claims have risen sharply in recent years and exceed the rate reported by other large banks, the senator said in a letter to the bank’s leader.
-
Battle Over Wage Rules for Tipped Workers Is Heating Up
The New York Times – Business:A system counting tips toward the minimum wage is being fought in many places. Critics say it’s often abused. Defenders say workers benefit overall.