Month: September 2021

Huawei CFO Allowed to Return to China After Reaching Deal With US Prosecutors

NEW YORK—Huawei executive Meng Wanzhou has reached a deferred prosecution agreement with the United States that would allow her to return to China nearly three years after her arrest and detention in Canada, U.S. prosecutors said before a Brooklyn district court on Sept. 24. The deal was approved by U.S. District Judge Ann Donnelly. As…


Huawei CFO Reaches Deal With US Prosecutors Allowing Her Return to China

NEW YORK—Huawei executive Meng Wanzhou has reached deferred prosecution agreement with the United States that would allow her to return to China after nearly three years after her arrest and detention in Canada, U.S. prosecutors said before a Brooklyn district court on Sept. 24. The deal was approved by U.S. District Judge Ann Donnelly. As…


Huawei CFO Reaches Deal With US Prosecutors Allowing Her Return to China, DOJ Says

NEW YORK—Huawei executive Meng Wanzhou has reached deferred prosecution agreement with the United States that would allow her to return to China after nearly three years after her arrest and detention in Canada, U.S. prosecutors said before a Brooklyn district court on Sept. 24. As part of the agreement, the government would put the prosecution…


Senior Manager of Russia’s Novatek Arrested in US on Tax Charges

MOSCOW—Mark Gyetvay, a deputy head of Russian natural gas producer Novatek, has been arrested in the United States on tax charges related to $93 million hidden in offshore accounts, the Department of Justice said on Thursday. It said a federal grand jury in Fort Myers, Florida, returned an indictment on Wednesday charging Gyetvay, a Florida…


Acura Grand Prix of Long Beach To Begin

LONG BEACH, Calif.—The three-day 46th annual Acura Grand Prix of Long Beach began Sept. 24 with qualifying for the IMSA and Historic Formula Atlantic races and the start of the drifting competition. Practice sessions are held Friday for the IndyCar and super trucks races and the global attack competition on the 1.97-mile, 11-turn street circuit…


Advice for Current and Future Generations

I am a 67-year-old with a curious mind and zest for life. I have an advanced degree and over 40 years of experience in a wide range of positions—from stock boy and shoe factory worker to investment vice president and a stint as an assistant professor of business. My best advice is to develop a…


HSBC, StanChart May Face Secondary Shockwaves From Evergrande Crisis: Analysts

LONDON—HSBC and Standard Chartered could face spillover damage to their profits and balance sheets from the debt crisis enveloping China Evergrande Group even though the two banks say they have limited their direct exposure, analysts have warned. Other banks and insurers could also suffer indirect effects such as loss of fees or a devaluation of…


Social Security Will Not Go Broke

Here we go again. Another round of scare stories about the impending doom of Social Security. Headlines such as this one in my local newspaper—”Social Security Moves Closer to Bankruptcy”—have many of my readers on edge. These kinds of headlines were prompted by a report recently released from the Social Security Board of Trustees that…


The Power of Visualization

Close your eyes and form a mental picture or image of what you want to achieve. Look through the lens of your imagination, and see your wish unfold within your mind’s eye. Your mind has creative power way beyond mere positive thinking. If you can imagine it, you can create it. Such a bold statement…


LIVE: Biden Hosts First In-Person Quad Leaders Summit

President Joe Biden hosts the first in-person Quad leader’s summit with Australian Prime Minister Scott Morrison, Indian Prime Minister Narendra Modi, and Japanese Prime Minister Suga Yoshihide.