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China’s Exports Fall Again, Imperiling Its Economic Recovery

August 8, 2023 / no comments

Shipments to trading partners slid 14.5 percent in July from the year before, the biggest decline since February 2020, adding to the pressure on Chinese authorities trying to rekindle growth.

The Obesity Drug Revolution Just Got Real

August 8, 2023 / no comments

New data show Novo Nordisk’s Wegovy reduces risk of heart attack and stroke, paving the way for greater insurance coverage.

A 143-Year-Old Portrait Fuels an Absurd Government Turf War

August 8, 2023 / no comments

Two federal agencies claim to be the rightful owners of a painting of the now-obscure Hugh McCulloch

Banks Fined $549 Million Over Use of WhatsApp and Other Messaging Apps

August 8, 2023 / no comments

The penalties add to nearly $2 billion in record-keeping fines last year for the improper policing of employee communications on private messaging services.

Weight-Loss Drug Wegovy Cuts Heart Risk in New Study

August 8, 2023 / no comments

Novo Nordisk’s anti-obesity drug reduced people’s risk of suffering heart attacks, strokes and cardiovascular deaths by 20%.

Travis Scott’s ‘Utopia’ Debuts at No. 1

August 8, 2023 / no comments

The rapper’s “Utopia,” his first album since his Astroworld Festival in Houston turned tragic in 2021, opens with the equivalent of 496,000 sales in the United States.

The AI Frenzy Resurrects the Old SoftBank

August 8, 2023 / no comments

The tech downturn didn’t chasten SoftBank for long. Signs of overexuberance are already reappearing along with the new bull market.

Elon Musk Says We Need Way More Electricity. Is He Right?

August 8, 2023 / no comments

Long-term energy demand is notoriously difficult to forecast. But there are some obvious reasons for concern, even in the short run.

Why AI Headshots Are Failing Women of Color

August 8, 2023 / no comments

Artificial-intelligence software can lighten skin tones and change facial features when it’s used it to create professional headshots, some experts say.

China’s Largest Surviving Developer Hits Debt Crisis

August 8, 2023 / no comments

Country Garden Holdings, once lauded by China’s authorities as a model for others, missed interest payments on two U.S. dollar bonds.

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