A Chinese government block on Micron Technology’s memory chips marks how far apart the two economic powers are drifting on tech policy.
Category: United States
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China Bans Some Chip Sales of Micron, the US Company
Many analysts see the move as retaliation for Washington’s efforts to cut off China’s access to high-end chips.
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At G7 Summit, Leaders Wrangle on Coal, Natural Gas and Climate
The U.S. finds itself caught between defending President Biden’s climate change agenda and aiding allies intent on increasing their access to fossil fuels.
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G7 Countries Borrow China’s Economic Strategy
Wealthy democracies rev up an effort to spend trillions on a new climate-friendly energy economy, while stealing away some of China’s manufacturing power.
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Forests, Band from Singapore, Played On After U.S. Robbery
Forests, a band from Singapore, ended its tour in New York in high spirits, two weeks after being robbed in California.
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Deutsche Bank Will Pay $75 Million to Victims of Jeffrey Epstein
A proposed court settlement closes another chapter in the German bank’s relationship with the disgraced financier, which began in 2013 and continued up until late 2018.
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Wells Fargo to Pay $1 Billion to Settle Lawsuit by Shareholders
A group of plaintiffs had claimed that the bank misled investors about its progress in cleaning up after a sham accounts scandal a decade ago.
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What Are Restaurant Service Charges For?
These added-on fees confuse diners and even employees, but more owners are relying on them to help make a tough business work.
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First Came the Sports Betting Boom. Now Comes the Backlash.
In many U.S. states and across the world, regulators are cracking down on the sports gambling industry, citing harm to the public and, in some cases, to athletes.
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In China, the Police Came for the Consultants. Now the C.E.O.s Are Alarmed.
Foreign businesses, a top Chinese official said in March, “are not foreigners, but family.” Then came a crackdown on firms with foreign ties.
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U.S. Ends Last Covid Travel Barrier, Vaccine Mandate for Foreign Arrivals
International travelers entering the country are no longer required to be vaccinated, removing the last of the restrictions on travel put in place beginning in 2020.