A Hangzhou location of the Element Fresh chain, which entered the bankruptcy liquidation process in December 2021, as the coronavirus pandemic took its toll. Costfoto | Future Publishing | Getty Images BEIJING — Sluggish consumer spending has dragged down China’s economy since the pandemic, with little relief in sight for 2022. Along with the property
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In this article NCLH RCL CCL The Royal Caribbean Anthem of the Seas cruise ship is prepared for its next voyage as it is docked on December 24, 2021, in Bayonne, New Jersey. Gary Hershorn | Corbis News | Getty Images The U.S. Centers for Disease Control and Prevention on Thursday advised people against going
If the millennial and Gen Z investing generations’ biggest, boldest bull market calls are best represented by the star turn of ARK Funds’ Cathie Wood, her funds’ struggles in 2021 are a microcosm of where risk-on investing runs into the reality of a market that, at least in the short-term, can’t always go gangbusters —
Visitors take pictures and read books in Shenzhen on Nov. 13, 2021, at a Zhongshuge bookstore, a chain famous for interior design. VCG | Visual China Group | Getty Images BEIJING — Social media plays such an important role for Chinese consumer businesses that for a crop of new bookstores, visual appeal tends to be
Dr. Anthony Fauci on Wednesday predicted that the latest wave of the coronavirus pandemic may hit its peak in the U.S. by the end of January. “It’s tough to say,” said Fauci, President Joe Biden’s top medical advisor, when asked on CNBC’s “Closing Bell” at what point the current surge in infections, fueled by the
Labor activists hold a rally in support of raising the minimum wage to $15 an hour on the National Mall on May 19, 2021 in Washington, DC. Kevin Dietsch | Getty Images California’s largest businesses will be required to pay workers a minimum of $15 an hour in January. It’s a milestone fast-food workers have
A person performs a self-swab test for COVID-19 in the Brooklyn borough of New York, the United States, Dec. 17, 2021. Michael Nagle | Xinhua News Agency | Getty Images People infected with the heavily mutated omicron variant of Covid-19 may have increased immune protection against delta, a new study says. As a consequence, omicron
Healthcare workers prepare Covid-19 tests at a Nomi Health testing site in Omaha, Nebraska, on Wednesday, Nov. 10, 2021. Dan Brouillette | Bloomberg | Getty Images An investigation into a cluster of omicron infections in Nebraska suggests the heavily mutated variant has a shorter incubation period and causes similar or milder symptoms compared to past
In this article TAP ABI-BE PEP SAM 2587.T-JP KO RI-FR Topo Chico Hard Seltzer Source: Coca-Cola Bud Light is adding cola and orange soda to its seltzer, Mountain Dew is moving into the alcohol aisles and Molson Coors has a whiskey brand. In the hunt for growth, beverage companies are experimenting in new categories, blurring
US President Joe Biden speaks during a meeting with with the Supply Chain Disruptions Task Force and private sector CEOs, in the South Auditorium of the White House in Washington, DC, on December 22, 2021. Brendan Smialowski | AFP | Getty Images President Joe Biden on Monday pledged to support governors struggling with the omicron
Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks during a news conference in the James S. Brady Press Briefing Room at the White House in Washington, D.C., on Wednesday, Dec. 1, 2021. Jim Lo Scalzo | EPA | Bloomberg | Getty Images The federal government should consider requiring Covid-19 vaccines
In this article WMT WBA Sprinkles has added kiosks to its bakeries across the country, which allow customers to place their own orders and help manage the company’s surge in online orders. Ashley Haguewood When customers buy a cupcake at a Sprinkles bakery, they no longer line up at a cashier. Instead, they type into