Category: Business

THE Board of Investments (BoI) has received 163 endorsements of information technology and business process management (IT-BPM) projects seeking to transfer their registration from the Philippine Economic Zone Authority (PEZA), according to the Department of Trade and Industry (DTI). The DTI said the BoI tally is as of Nov. 17, of which 55 have paid […]

(NewsNation) — The Biden administration announced this week that it will be continuing the pause on student loan payments amid the White House’s ongoing court battle to save the president’s plan to cancel portions of the debt. Challengers say it’s illegal. But while White House spokesman Abdullah Hasan accused Republican officials of “standing with special interests, and […]

The Bahamas. Apart from its tranquil white beaches, the archipelago is probably known as a tax haven amongst the wealthy, as there is no personal income tax. The island country’s favorable tax and regulatory frameworks have been a big draw for crypto companies. Fallen crypto exchange FTX is headquartered in the Bahamas and according to […]

In the U.S., the 2022 holiday shopping season officially begins on Friday, the day after Thanksgiving Day. VOA’s Chris Casquejo looks at spending expectations for inflation-battered shoppers.

(NewsNation) — While some Americans gear up to cook a feast this Thursday, many are opting for restaurant reservations as inflation drives grocery bills through the roof.  With the cost of turkey alone up more than 20% from last year, many are choosing to either eat out or order full or partial meals this Thanksgiving. […]

In a bid to enshrine stronger protections for freelance workers into city law, City Council Members Keith Powers and Chi Ossé will introduce a package of bills Tuesday aimed at limiting non-compete clauses and allowing more contract workers to access safeguards the city already has on the books. The three-bill package contains legislation that will […]

One of the world’s largest auto shows is underway in Los Angeles. The headline this year is high tech and electric vehicles. Veronica Villafañe has a sneak preview and more on this growing industry.

(NewsNation) — As the first of what are expected to be multiple lawsuits over the collapse of cryptocurrency exchange FTX has now been filed in court, Kurt Wuckert, Jr., chief bitcoin historian at CoinGeek.com, joined “NewsNation Live” on Monday to discuss the implications.  Of his many insights, Wuckert Jr.’s assessment of the crypto economy as […]

Bob Iger is credited with expanding the Disney empire to all corners of the globe. After becoming CEO in 2005, Iger oversaw Disney acquisitions of Pixar, Marvel Entertainment, Lucasfilm, and 21st Century Fox. Bob Chapek returns to Disney while his predecessor Bob Chapek has faced heavy criticism over his management style. Less than a year […]

Growing up in a Chinese village, Julian Zhu saw his father only a few times a year when he returned for holidays from his exhausting job in a textile mill in southern Guangdong province.  For his father’s generation, factory work was a lifeline out of rural poverty. For Zhu, and millions of other younger Chinese, […]