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China’s Retirement Residence Business is Suffering from Ponzi Schemes
"It could have been a scam to begin with," she added.Seniors in rural areas could be particularly at risk. They often live alone because their children have moved to big cities to find work. According to a 2016 survey by the Ministry of…
Biden tells Congress Syria strikes are in line with U.S. proper to self-defense
President Joe Biden arrives at Ellington Field Joint Reserve Base in Houston, Texas, United States on February 26, 2021.Jonathan Ernst | ReutersPresident Joe Biden told Congress on Saturday that the air strikes he ordered this week in…
Fred Segal, Designer Who Commodified California Cool, Dies at 87
Fred Segal, whose fashion boutiques became a Los Angeles landmark selling figure-hugging jeans and chambray shirts to Bob Dylan, Farah Fawcett and the Beatles, died Thursday in Santa Monica, California. He was 87 years old.The cause was…
FDA approves J&J’s single-shot Covid vaccine for emergency use
The Food and Drug Administration has approved Johnson & Johnson's Covid-19 vaccine for emergency use. This gives the US a third tool to fight the pandemic as highly contagious variants are gaining a foothold across the country.With the…
CDC Traces Covid-19 Outbreaks in Gyms, Urging Stricter Precautions
On Wednesday, public health officials urged athletes to wear masks and stay three feet apart while exercising as new research describes the rapid spread of coronavirus infections during intense exercise classes at gyms in Honolulu and…
United Airways begins providing bus service straight to Colorado ski slopes from Denver
United Airlines passengers wait in the boarding area for their flights at Denver International Airport in Denver, Colorado.Robert Alexander | Getty ImagesUnited Airlines' newest ski resorts will be accessible by bus.The Chicago-based…
Unemployment Claims Dropped Final Week as Coronavirus Circumstances Eased
New unemployment claims fell last week, the government reported Thursday, the latest sign that the labor market recovery, slow and unstable as it may be, is continuing."The numbers look encouraging at first glance," said Gregory Daco, chief…
Affirm’s new debit card is de facto the ‘anti-credit card,’ says CEO
Max Levchin, CEO of Affirm, touted the company's new physical debt card offering on Friday, telling CNBC that it would offer customers similar benefits as a credit card, but with greater clarity upfront."It certainly shouldn't be called a…
Daniel Loeb’s Third Level Bets on Topeka Sam’s Felony Justice Group
Nearly 2.3 million people are incarcerated in the United States, prisons, prisons, and other correctional facilities. Currently, more of these inmates are jailed for drug offenses than in 1980 for all crimes.Around 230,000 women are in…
Chinese language electrical automotive start-up Li Auto expects to promote fewer than Nio
A Li Xiang One Hybrid SUV is on display during the 18th Guangzhou International Auto Show in Guangzhou, China on Nov 23, 2020.Li Zhihao | Visual China Group | Getty ImagesBEIJING - Chinese automaker Li Auto, listed on the Nasdaq, is…