Finance

China Moves to Steady Its Slowing Economic Growth

HONG KONG — China on Wednesday moved to inject $115 billion in cash into its financial system, suggesting that Beijing remains concerned about faltering growth despite signs that the world’s second-largest economy is stabilizing. China’s central bank, the People’s Bank of China, on Wednesday cut the amount of money that it requires the country’s commercial

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Judge stalls California labor law as it relates to truckers

A federal judge temporarily blocked a new California labor law from impacting more than 70,000 independent truckers By DON THOMPSON Associated Press January 1, 2020, 1:54 AM 2 min read SACRAMENTO, Calif. — A federal judge on Tuesday temporarily blocked a new California labor law from impacting more than 70,000 independent truckers. The law makes

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Sina, Tencent Music rise; McDermott, Core Laboratories fall

Stocks that moved substantially or traded heavily on Tuesday: Sina, Tencent Music rise; McDermott, Core Laboratories fall December 31, 2019, 10:56 PM 2 min read NEW YORK — Stocks that moved substantially or traded heavily on Tuesday: Tencent Music Entertainment Group, up 7 cents to $11.74 The Chinese company is part of consortium buying a

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