How China's lockdowns are taking a toll on global companies
CNN
Virtually every corner of business has been disrupted in China as harsh lockdowns continue across the world's second largest economy. Now big brands are revealing the damage to their bottom lines.
In recent weeks, dozens of mainland Chinese cities, including the financial hub of Shanghai, have been locked down as authorities work to stamp out the coronavirus. For industries ranging from Big Tech to consumer goods, that's destroying both supply and demand — and giving executives another major headache.
Many companies had just run up millions, or billions, of dollars in losses due to the war in Ukraine, which led to a massive — and costly — corporate exodus from Russia.
In speeches, interviews, exchanges with reporters and posts on social media, the president filled his public statements not only with exaggerations but outright fabrications. As he did during his first presidency, Trump made false claims with a frequency and variety unmatched by any other elected official in Washington.
A grand jury recommended abolishing a small Alabama police department because of a “rampant culture of corruption” after charging five officers with a variety of crimes, officials announced Wednesday.
As the long-fraught relationship between President Donald Trump and his Ukrainian counterpart Volodymyr Zelensky ripped apart Wednesday, a question that lingered among allies of both men was whether the fight would dash hopes for a US-brokered peace — or, potentially, help it along.
Whitley Award-winning biologist Fernanda Abra’s Reconecta Project is building canopy bridges across highways in Brazil to protect endangered primates.
Brazilian biologist Fernanda Abra was recognized by the Whitley Fund for Nature for her pioneering work to build and monitor low-cost canopy bridges over Highway BR-174 in the Amazon rainforest, to protect tree-dwelling mammals from road vehicles.
A young girl in Texas died by suicide after being bullied about her family’s immigration’s status, according to her family.
An appeals court will not allow the Trump administration to end birthright citizenship for certain children of immigrants, in a ruling that could propel the issue to the Supreme Court.
Defense Secretary Pete Hegseth has ordered the military to prepare plans to make drastic budget cuts over the next five years, with an exception for border security, according to a new memo obtained by CNN.
Senate Republicans announced Wednesday they are muscling ahead with their preferred legislative strategy to jumpstart Donald Trump’s agenda — just hours after the president himself backed a much different approach.
At least two people are dead after two small aircraft collided in midair at an Arizona airport Wednesday, authorities said.
Some defense officials responsible for drafting lists of civilian Pentagon employees to be terminated as soon as this week are raising concerns with their superiors that the summary firings could break the law and potentially harm US military readiness, a senior defense official told CNN.
Charlotte Peet, 32, last contacted a friend in Rio de Janeiro on February 8, according to a Tuesday statement from the Association of Foreign Press Correspondents in Brazil (ACIE).
The federal judge overseeing the corruption case against New York City Mayor Eric Adams is set to hear from the attorneys Wednesday afternoon about the Justice Department’s controversial motion to dismiss the charges against him.