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Deal on China Flights Signals U.S. Airlines' Stronger Hand
Both sides stay civil even as the Biden administration’s go-slow policy frustrates Beijing’s hopes of a faster aviation-market reopening. Source link
China's Worsening Economy Is Hurting Corporate America
Caterpillar and DuPont are among the big companies that are lowering their expectations for a postpandemic boom. Source link
U.S. and China Poised to Drift Further Apart After Investment Ban
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China Slips Into Deflation in Warning Sign for Global Economy
China entered deflationary territory for the first time in two years, pressuring Beijing to avoid a deepening economic malaise. Source link
Pfizer’s Covid Boost Crashes to Earth
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Yellow's Shutdown Could Cost Taxpayers Money
Whether the federal government recovers the money it lent Yellow at the height of the pandemic would likely depend on how much Yellow raises by
Pfizer Misses Revenue Expectations, Bets on Drug Launches to Ease Shortfall
The company is rolling out 19 products or new uses within 18 months, CEO Albert Bourla said. Source link
Facebook Bowed to White House Pressure, Removed Covid Posts
Internal Meta emails say pressure from Washington was behind a decision to take down posts attributing the pandemic to a man-made virus. Source link
Chinese Consumers Pinch Pennies on Staples as Pandemic Habits Linger
The average selling prices of toothbrushes, infant formula and makeup are declining as businesses adapt to circumstances. Source link
Europeans Are Becoming Poorer. ‘Yes, We’re All Worse Off.’
July 17, 2023 12:00 am ET Listen to article (2 minutes) Europeans are facing a new economic reality, one they haven’t experienced in decades. They
