Business and Finance

financial news, stocks, investing, and market trends, as well as stories on major companies and their leaders.

Apple CEO Tim Cook meets China’s Commerce Minister on supply chain

Apple Inc. CEO Tim Cook speaks during a “First Tool-In” ceremony at the TSMC facility under construction in Phoenix, Arizona, U.S., Tuesday, Dec. 6, 2022. Caitlin O’Hara | Bloomberg | Getty Images Apple CEO Tim Cook met with Chinese Minister of Commerce Wang Wentao on Monday to discuss industry and supply chain stabilization, according to …

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The First Republic rebounds 25% on Monday to lead the return of regional banks

People walk near a First Republic Bank branch on March 16, 2023 in New York City. See Press | Corbis News | Getty Images Shares of regional banks rose sharply in pre-market trading on Monday as investors were encouraged by reports that recent pressure on the sector may be easing and additional government support may …

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Fosun Tourism optimistic about reopening China, says Club Med ‘not for sale’

In this photo taken on Oct. 12, 2016, a general view shows the Club Med resort in Sanya. Nearly two years after being taken over by Chinese investment fund Fosun, French resort group Club Med is trying to import its recipes into a promising Chinese market, where a burgeoning upper middle class is now discovering …

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Saudi National Bank president resigns just days after Credit Suisse comments sparked selloff

The headquarters of the Saudi National Bank (SNB) outside the King Abdullah Financial District Conference Center in the King Abdullah Financial District (KAFD) in Riyadh, Saudi Arabia, Tuesday, Dec. 6, 2022. Bloomberg | Bloomberg | Getty Images Saudi National Bank Chairman Ammar al-Khudairy resigned from his post on Monday, days after his comments exacerbated a …

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Germany to change immigration rules to attract more foreign workers

Germany’s parliament is set to pass a new citizenship law to ease the path to citizenship for migrants and attract more skilled foreign workers to the country. Image Alliance | Getty Images BERLIN — Germany is set to pass a new citizenship law that will make it easier for foreigners to obtain German citizenship as …

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Angry protests and strikes paralyze Israel as Netanyahu resists suspension of widely hated judicial reforms

JERUSALEM – MARCH 27: Israelis, carrying Israeli flags and anti-government placards, gather outside the Knesset to protest against the Israeli government’s plan to introduce judicial changes. Anadolu Agency | Anadolu Agency | Getty Images Mass protests are rocking Israel, and the country’s largest union on Monday announced a major strike in opposition to Prime Minister …

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Lebanon in two different time zones as government disagrees on daylight saving time

Aerial view of the Manara waterfront district near downtown Beirut. Bilwander | Getty Images No one really knows what time it is in Lebanon. On Sunday, the Mediterranean country of around 6 million people was to set its clocks back an hour for daylight saving time, as it does every year with much of the …

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First Citizens Bank to buy deposits and loans from Silicon Valley Bank

Photo illustration, the Silicon Valley Bank logo is seen displayed on a smartphone, with the stock market index on the personal computer in the background on March 14, 2023, in Rome, Italy. Andrea Ronchini | Nurphoto | Getty Images First Citizens Bank & Trust Co will buy deposits and loans from Silicon Valley Bank, the …

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Millennials turn 40 and are changing travel as we know it

The middle-aged millennials have arrived. As more and more millennials – often defined as those born between 1981 and 1996 – turn 40, a generation long defined by youth is moving into a new phase of life. And they bring their tech savvy, social awareness and consumer habits that are transforming a travel industry determined …

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Pfizer signs an agreement with China to improve the country’s health coverage

Pfizer CEO Albert Bourla speaks during the China Development Forum in Beijing on March 25, 2023. Lintao Zhang | Getty Images News | Getty Images BEIJING – American pharmaceutical giant Pfizer has signed an agreement with China to cooperate in improving the country’s health coverage, according to the company. “We are fully aligned with China’s …

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Chinese local governments are finding new ways to raise funds despite debt problems

Pictured is a large residential community in Nanjing, Jiangsu province on January 16, 2023. Edition of the future | Edition of the future | Getty Images BEIJING — Indebted local governments in China need new ways to raise funds under a central regime that has made clear its priority is to reduce financial risk. Direct …

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Reduction in food stamp benefits challenges retailers

A worker carries bananas inside the Walmart SuperCenter in North Bergen, New Jersey. Eduardo Munoz Alvarez | PA For some shoppers who are already struggling to cover their grocery bills, the budget is getting tighter. This month, pandemic-related emergency funding for the Supplemental Nutrition Assistance Program, formerly known as food stamps, is ending in most …

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7 Things The Mentally Strongest Kids Never Do

If you want your children to succeed in life, teach them to be mentally strong, says psychotherapist Amy Morin. Mentally strong children are better equipped to meet challenges with confidence, and they are more likely to have developed the resilience needed to bounce back from failure. research show. Building your kids’ mental toughness starts with …

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Cheapest US States to Retire

While Florida is often seen as a popular destination retirement destination due to its warm climate and lack of state income tax, it’s not the absolute cheapest state to spend your golden years. On the contrary, Alabama is the most affordable state to retire in, according to WalletHub”2023 Best States to Retire“The analysis compared the …

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NATO and world leaders condemn Russia’s ‘dangerous and irresponsible’ nuclear rhetoric

Ukrainian President Volodymyr Zelensky stands while listening to the Ukrainian national anthem upon his arrival at the European Parliament on February 09, 2023 in Brussels, Belgium. Omar Havana | Getty Images NATO on Sunday condemned Russia’s “dangerous and irresponsible” nuclear rhetoric after President Vladimir Putin announced his intention to station tactical nuclear weapons in Belarus. …

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The Best Exercise High Achievers Use to Be Happier

Just as you wouldn’t burn your entire paycheck on payday, you shouldn’t use up all your energy every day. Yet most people constantly deplete their energy on a daily basis to the point of exhaustion, says Sarah Sarkis, psychologist and senior director of performance psychology at Exos, a Phoenix-based performance coaching company. Sarkis helps train …

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