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Gucci parent Kering’s shares plunge 15% as sales in Asia nosedive

Kering shares plunged on Wednesday, their worst day ever after the French luxury goods company warned that a downturn in Asia would cause first-quarter sales of its star brand Gucci to fall by about 20%. This is expected to be the case. Kering shares fell 12%, shedding about $8.6 billion in market capitalization, while other […]

Chinese company infiltrating classrooms across the country, putting students’ data at risk: parent activist group

Parents Defending Education says a Chinese-owned financial company that provides tutoring services, which has been called into question by Sen. Tom Cotton, R-Arkansas, is infiltrating American classrooms. Tutor.com provides 24/7, on-demand tutoring and homework assistance for over 250 subjects for colleges, universities, K-12 schools and school districts, public and state libraries, employee benefit programs, and […]

Experts Cheer Bill Compelling Chinese Parent Company To Offload TikTok

Bipartisan lawmakers on Tuesday announced a bill that would force Beijing-based ByteDance to sell TikTok to continue operating in the United States, a move that would force Beijing-based ByteDance to sell TikTok in order to continue operating in the United States, a move that would threaten the app’s Chinese ownership. It has been praised by […]

Florida parent, juvenile arrested after fighting others at school bus stop: video

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