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A Mall Owner’s About-Face: Bet on America’s High-End Malls
Updated Sept. 12, 2023 12:16 am ET Listen to article (2 minutes) The European owner of Westfield malls is pulling back from its aggressive plan
Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. Source link
A DuPont China Deal Reveals Cracks in U.S. National-Security Screening
Listen to article (2 minutes) WASHINGTON—U.S. officials forged an uneasy compromise to let DuPont sell its sustainable-materials business last year to a Chinese company while
Space Companies Struggle to Meet Lofty Goals
Newer industry players are cutting jobs, trimming spending and reining in plans. Source link
Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia
The Brazilian miner is close to completing the deal with Saudi Arabia’s sovereign-wealth fund and a Saudi mining company. Source link
TikTok’s Next Plan for U.S. Dominance: Selling Made-in-China Goods
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Record Miami Land Sale Collapses Amid Slowdown
Even the hot Miami commercial real-estate market is being slowed by high interest rates and tight credit. Source link
Unions Park Their Cash at This Bank. Will They Stick Around?
Amalgamated has big paper losses and a large number of uninsured deposits. Source link
The Luxury Tower Built for New York's Elite Still Sits Half Empty
Related Companies has struggled to unload its most expensive units at 35 Hudson Yards. Now the developer is offering deep discounts. Source link
Disney Explores Strategic Options for India Business
The talks are a sign of how Star India’s fortunes have changed since Disney’s purchase of Fox entertainment assets. Source link