Chinese cities are struggling to pay their bills as 'hidden debts' soar – CNN

Hong Kong CNN — three years strict pandemic control In China, a real estate crash has forced local Government resources are scarce and authorities across the country are plagued with mounting debt. The problem is exacerbated, with some cities unable to provide basic services and increasing the risk of default. Analysts estimate that China’s outstanding […]

Ex-McDonald’s CEO to Pay SEC Fine Over Misrepresenting Exit – Yahoo Finance

(Bloomberg) — Former McDonald’s CEO Steven Easterbrook has been awarded $400,000 in response to U.S. regulators’ allegations that he failed to disclose improper relationships with his employees. agreed to pay Bloomberg’s most read articles The Securities and Exchange Commission said on Monday that Easterbrook had not fully disclosed company policy violations leading up to his […]