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Why did China choose to act in Hong Kong?

Hong Kong presents a unique contrast between historical richness and vivacious modernity, with its classic trams roaming the streets and noisy, bustling restaurants. It is a romantic fusion of the East and the West. To our regret, such romance is evaporating. In recent months, we have seen terrible scenes there. Mobs attacked the police with iron rods, and stockpiled bricks ...

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Czech billionaire bets big on Macy’s, Foot Locker

Bloomberg Across the US, sales are cratering, bankruptcies are on the rise, and unemployment has hit unprecedented levels. With consumers glued to the couch watching Netflix or commiserating over Zoom, retailers have been especially hard hit. Yet even as the coronavirus pandemic wreaks havoc on American malls and main streets, a billionaire from Prague sees something in the wreckage: bargains. ...

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Amazon shuts down hubs near protests

Bloomberg Amazon.com is scaling back deliveries and adjusting routes in a small number of cities including Chicago, Los Angeles and Portland after the death of George Floyd in Minneapolis sparked demonstrations around the country, prompting curfew orders. “We are monitoring the situation closely and in a handful of cities we adjusted routes or scaled back typical operations to ensure the ...

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