Many restaurants are struggling with a simple fact – often there is no easy way to make their kitchen completely safe. During the coronavirus epidemic, restaurant managers installed dividers and cut staff to bridge the gap between workers. They changed the workflow to minimize contact. However, some workers, infectious-disease specialists …
Read More »Why is Alibaba’s stock plunge bad news for Softbank?
The size of the text Getty Images by Charlie Tribune / AFP A sharp drop in shares of Alibaba Group on Thursday came on the heels of news that China is investigating e-commerce giant on issues of antitrust, whose shares have risen. Softbank Group, Japan-based holding company that is Alibaba’s …
Read More »In a short session, the U.S. Rise in stocks
U.S. stocks hit a high on Thursday to end a slight change in the short-term week on Sunday. The Dow Jones Industrial Average rose 21 points to less than 0.1%. The S&P 500 is up 0.2% and the Nasdaq Composite is up 0.5%. The blue-chip index is flat for the …
Read More »Asian markets are mostly higher, but stocks in China are falling amid Alibaba anti-trust checks.
Asian stocks were mostly higher on Thursday after mixed gains on Wall Street following mixed economics reports. Benchmarks rose in Tokyo, Hong Kong and Sydney. China’s market regulator says it has launched an anti-monopoly probe into e-commerce giant Alibaba Group 9988, after shares in Shanghai fell. -8.13% Baba, + 0.14%, …
Read More »Apple’s China app store shades videogames as Beijing tightens Internet control
Apple Pal Inc. China is booting thousands of videogame applications from its platform as the government tightens its grip on such content, highlighting the state-of-the-art technology company’s weakness on its business. The iPhone maker warned Chinese developers earlier this month that, according to a memo seen by the Wall Street …
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