Latest from Nick Esposito

• Aug 28, 2023

  4-day workweek, full-time pay

  

  That’s one of several demands from the UAW, which just voted to authorize a strike. Plus, Commerce Secretary Raimondo visits China.

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• Aug 28, 2023

  China’s Evergrande stock plunges 87% as trading resumes

  

  From the BBC World Service: China Evergrande Group’s shares resumed trading on Monday after a lengthy suspension, and investors in the real estate organisation took the chance to withdraw their money — the BBC’s Asia correspondent Mickey Bristow explains why. Plus, Lebanon is in the midst of a huge economic crisis: Inflation is in triple figures and the banking system has collapsed, but the wine industry is booming.

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• Aug 25, 2023

  A carbon… vacuum cleaner?

  

  The latest in carbon capture tech. Plus, the Fed’s Jackson Hole symposium kicks off today.

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• Aug 25, 2023

  In U.S. Steel sale, does the union get a say?

  

  The union says yes, U.S. Steel says not quite. Plus, Subway sold to a private equity firm and ESPN might soon be streamable without cable.

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• Aug 25, 2023

  New EU rules to keep tabs on tech titans

  

  The European Union’s Digital Services Act is coming into force today and some of the world’s tech giants will be directly affected. The world’s largest computer and video games festival, Games Com is wrapping up this weekend and a lot of the talk’s been about nostalgic titles and the possible take over of Activision Blizzard by Microsoft. The international leg of Taylor Swift’s Eras tour has kicked off in Mexico City. She’s on track to make one billion dollars from the tour, which would make it the highest-grossing series of concerts in history.

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• Aug 24, 2023

  New York City’s Airbnb crackdown is coming

  

  Starting in early September, New York City is going to get a lot more aggressive about cracking down on Airbnb.

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• Aug 24, 2023

  A new plan to prevent airplane collisions

  

  The FAA is spending $120 million to help reduce the risk of collisions on airport runways.

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• Aug 24, 2023

  Japan releases radioactive Fukushima water

  

  Japan has started to release radioactive water from its stricken Fukushima nuclear plant into the Pacific Ocean, sparking protests domestically and internationally. India’s moon rover has taken its first steps on the lunar surface a day after the country made history by becoming the first to land near the south pole. How much trouble is China’s economy in? Prices have begun falling, exports are down and youth unemployment has risen above 21%

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• Aug 23, 2023

  Tech stocks rally, thanks to AI

  

  Chip maker NVIDIA’s stocks have already risen 220% this year. What next? Plus, political turmoil could cause some Israelis to emigrate.

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• Aug 23, 2023

  Writer’s strike update

  

  Over 100 days in, the WGA isn’t close to having a new contract. Plus, China’s property crisis has saddled local governments with enormous amounts of debt.

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