Author: Reuters
SHANGHAI (Reuters) -Geely’s chairman and founder Li Shufu said on Saturday that the global automotive industry was facing “serious overcapacity” and that the Chinese automaker had decided not to build new manufacturing plants or expand production in existing facilities. Li made the comments at an auto forum in the central city of Chongqing, according to the company. Geely Holding owns multiple automotive brands including Geely Auto, Zeekr and Volvo.Read More
Meghan Gezo loves working remotely for a European company so much that she’d find it hard to work for another US-based company in the future.Read More
Elon Musk, the world’s richest man, may have made himself an enemy of the world’s most powerful leader. The public blowout between Musk and President Trump is threatening the tech billionaire’s bus…Read More
A federal judge has approved terms of a sprawling $2.8 billion antitrust settlement that will upend the way college sports have been run for more than a centuryRead More
From college basketball to high school playoff action, here are the top sports stories of the week ending on June 6Read More
A settlement allowing revenue sharing with athletes will transform college sports. How will this new system work? We answer all the major questions.Read More
The anti-abortion movement is rallying around new laws that establish fetal ‘personhood.’ Doctors are scrambling to adjust, but even conservatives don’t always agree on how they should be applied.Read More
BISHKEK: Russian ally Kyrgyzstan on Saturday quietly dismantled Central Asia’s tallest monument to Vladimir Lenin, the revolutionary founder of the Soviet Union.Ex-Soviet states across the region areRead More
The Club World Cup. A bold new era for the world’s most popular sport — or a major inconvenience, shoe-horned into a soccer calendar that is already at saturation point?FIFA’s newly expanded tournament kicks off June 14 in Miami against the backdropRead More
One banker in the City of London is faced with paying an extra £40,000 a year in university fees for his children. Nursing homes are worried about finding enough caretakers for residents. The insurance industry says overseas relocations have now ground to a halt.Read More