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Apple’s new iPhones may be weakest upgrade ever

For the more than 1 billion iPhone enthusiasts around the world, no product unveiling is more anticipated than Apple Inc’s annual reveal of its newest lineup of smartphones. Except for maybe this time. The Cupertino, California-based company introduced four iPhone 13 models with some minor enhancements, including a faster processor, better camera, longer battery life and nicer displays. They are ...

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Signing bonus has gone mainstream

The signing bonus, once the province of elite athletes and corporate executives, has gone mainstream. In the tightest labour market in years, employers like Amazon are shelling out thousands of dollars up front to truck drivers, trash collectors, warehouse workers and other in-demand workers. It’s a recruiting tool with a long history. But signing bonuses have evolved significantly over the ...

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Evergrande gives China an impossible equation

A restructuring at the world’s most indebted real estate developer is looming. The Chinese government has already hired financial advisors to assess China Evergrande Group. With more than $300 billion in liabilities on its books and not even $15 billion in cash, Evergrande is racing against time. It will not be able to make loan interest payments, Bloomberg News reported. ...

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