Tag Archives: United States economy

Fraud at China’s Luckin Coffee is a warning to investors

Charles Zhengyao Lu, President and Founder of Luckin Coffee, and Jenny Qian Zhiya, CEO of Luckin Coffee, ringing the opening bell during the company’s Initial Public Offering (IPO) at Nasdaq in New York on May 17, 2019. Victor J. Blue | Bloomberg | fake pictures The Luckin Coffee fraud scandal …

Read More »

The future of air travel.

Summer vacations used to mean wine tasting in Tuscany, backpacking in Southeast Asia, or trips to the Grand Canyon. But fears that planes could be a breeding ground for Covid-19 infections have wreaked havoc with the air transport industry. “This could take several years before we are in our new …

Read More »

‘We have dark clouds on the horizon’

The coronavirus outbreak in the US is getting worse and could threaten New York’s recovery after tight blockades across the state helped suppress the fast-spreading infection, New York Governor Andrew Cuomo said Wednesday. . “We have to be careful. We have dark clouds on the horizon and we have made …

Read More »