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Bidder Aims to Save Bankrupt Trucking Firm Yellow
When Yellow abruptly shuttered its operations in the summer and filed for bankruptcy protection, few thought that a buyer would emerge and try to revive the long-troubled trucking giant. But a prominent trucking executive has assembled a last minute plan to acquire Yellow out of bankruptcy — a proposal that seeks not only to rehire …
Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.
Affluent Chinese have moved hundreds of billions of dollars out of the country this year, seizing on the end of Covid precautions that had almost completely sealed China’s borders for nearly three years. They are using their savings to buy overseas apartments, stocks and insurance policies. Able to fly again to Tokyo, London and New …
Gaza Civilians, Under Israeli Barrage, Killed at Historic Pace
More women and children have been reported killed in Gaza in less than two months than the roughly 7,700 civilians documented as killed by U.S. forces and their international allies in the entire first year of the invasion of Iraq in 2003, according to estimates from Iraq Body Count, an independent British research group. And …
Shein, the Fast-Fashion Giant, Is Said to Have Filed for an I.P.O.
Shein, the ultrafast-fashion retailer founded in China more than a decade ago, has filed confidentially for an initial public offering in the United States, according to a person familiar with the plans for the deal, who was not authorized to speak publicly about it. Some companies keep their paperwork for an initial public offering temporarily …
Trial Starts in France for Teenagers Accused of Helping Teacher’s Killer
Six teenagers went on trial in Paris on Monday over accusations they were connected to the murder of Samuel Paty, a history teacher whose beheading by an Islamist extremist in 2020 inflicted lasting trauma on France. Most of the defendants, former middle-school students at the school where Mr. Paty taught, are accused of helping the …
Storm Batters Southern Ukraine, Spreading Misery for Civilians and Soldiers
A powerful wintry storm battered southern Ukraine on Monday, washing away Russian coastal defenses from some beaches on the occupied Crimean Peninsula. The storm, which Ukrainian meteorologists said was among the most intense in decades, snarled supply routes for both countries’ armies and deepened the misery of tens of thousands of soldiers huddled in shallow …
Former Coal Towns Get Money for Clean-Energy Factories
In Weirton, W.Va., in the heart of coal country, a company started by MIT scientists plans to build a plant that will produce a metal and alloy critical for clean energy, fuel cells and cleaner steel. In Vernon, Texas, also a former coal town, a third-generation wind entrepreneur plans to manufacture turbines suitable for remote, …
Palestinian Activist Ahed Tamimi Faces Indefinite Detention in Israel
It was around 4 a.m. when Nariman Tamimi’s daughter, Ahed, roused her from sleep and told her that Israeli soldiers had surrounded their home in the occupied West Bank. Nariman Tamimi had been expecting the raid: Over the previous week, an online campaign had vilified her daughter as a terrorist and demanded Ahed’s arrest. But …
Hamas and Israel Extend Cease-Fire and Hostage-for-Prisoner Trades
The deal came after an Israeli offer to continue the cease-fire by one day for every additional 10 hostages released, who would be exchanged for 30 Palestinians in Israeli prisons. The Israeli hostages released on Monday were three women and eight children, all of them kidnapped from Kibbutz Nir Oz during the Hamas-led assault on …