Business

© Reuters. FILE PHOTO: A closed barber shop is shown during the outbreak of the coronavirus disease in California By Ann Saphir (Reuters) – U.S. states hit hardest by COVID-19 had some of the biggest jumps in small business loan defaults since the onset of the pandemic, and some of the highest rates of default…

It didn’t take long for authoritarianism to arrive in Hong Kong after China took its largest step toward annexing the island territory since the United Kingdom ceded control in 1997. Now, the fear is palpable—citizens are comparing the air of repression to the cultural revolution, and professors are being fired from universities for advocating democracy.In…

In a hearing before the US House Judiciary Antitrust Subcommittee today, the CEOs of Apple, Facebook, Amazon, and Google fielded questions about anti-competitive practices at their companies. For close to six hours, Congressional representatives pelted Tim Cook, Mark Zuckerberg, Jeff Bezos, and Sundar Pichai with queries on everything from data privacy to online ad exchanges.Even…