Meituan, Tencent and other Chinese tech firms continue to plunge as Beijing expands its crackdown
CNN
Chinese tech stocks are continuing their big sell-off as investors continue to digest Beijing's widening crackdown on private enterprise.
Meituan dropped 16% in Hong Kong on Tuesday, eclipsing Monday's massive 14% loss — making it the food delivery firm's worst two days on record. That plunge — which combined, has wiped out more than $56 billion in market value for Meituan since Friday — came as Chinese regulators issued new guidelines Monday calling for improved standards for food delivery workers.
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The bill that ended the government shutdown included a provision requiring the Justice Department and FBI to notify the Senate when a lawmaker is under investigation and if their personal information is being subpoenaed.
Washington announced that it will designate the Venezuelan cartel, Cartel de los Soles, as a foreign terrorist organization, effective November 24, which the US alleges is led by President Nicolás Maduro and other high-ranking officials. CNN’s Stefano Pozzebon reports on the latest tensions.
In the popular children’s book “Charlotte’s Web,” the title character, a spider, uses her web as an instrument of good to help secure the freedom of Wilbur, a pig on her farm.
The United States will designate Cartel de los Soles, which the US alleges is led by Venezuelan President Nicolás Maduro and other high-ranking officials, as a foreign terrorist organization this month, Secretary of State Marco Rubio announced Sunday.
Rep. Marie Gluesenkamp Perez said Sunday that “election subversion is wrong no matter who’s doing it,” as she criticized Democratic Rep. Chuy García over the timing of his decision to retire, which meant that his hand-picked successor was the only person registered to run for his seat.
Historic preservationists sued President Donald Trump over his plans to paint the Eisenhower Executive Office Building in Washington, DC, warning the structure could be “irreversibly” damaged.”
The communist candidate of Chile’s center-left government, Jeannette Jara, and a hard-right veteran politician, José Antonio Kast, will vie for the country’s presidency in a runoff vote next month after neither gained a winning margin in a polarized election on Sunday, the government said.
A New Orleans man who spent three decades in prison before his murder conviction was vacated won election Saturday to serve as the city’s chief criminal court record keeper, despite the state challenging his past.
The Pentagon conducted the 21st known strike on an alleged drug trafficking boat on Saturday, US Southern Command announced on Sunday.
Republican Rep. Marjorie Taylor Greene said Sunday she will stop using “toxic” rhetoric, marking what would be a dramatic shift in a political brand hallmarked by derogatory comments.
The lawmakers behind the effort to force the Justice Department to release all of the Jeffrey Epstein case files appeared optimistic on Sunday about their bill’s chances of passing, insisting there was growing support among the GOP in the US House.
Wilmer Geovanny Chavarría Barre, known as “Pipo,” the alleged leader of drug trafficking gang Los Lobos – Ecuador’s most powerful and violent criminal organization – has been arrested in Spain, Ecuadorian President Daniel Noboa announced on Sunday.
Slurs directed at Indians and Indian Americans are on the rise and entering the lexicon, both online and offline. Even Indian Americans in the MAGA coalition are being targeted by those on the far right.