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Investments and Business

New professional women’s hockey league will launch in 6 cities

New professional women’s hockey league will launch in 6 cities

For the first season, each team will play 24 regular season games starting in January 2024. The league says subsequent seasons will begin in November and include 32 games. An expansion is also possible in the future, he said. In its final season, the PHF had teams in Boston; buffalo; Simsbury, Conn.; East Rutherford, New Jersey; Richfield, MN; Montreal; and Toronto. With the start of the new championship, Buffalo and Connecticut lose their teams, while Ottawa gains one. NHL Commissioner Gary Bettman said his league is reluctant to get involved in women's hockey as long as the split continues. Stan…
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Spicy noodles and pickled fish: Chinese restaurants move to Hong Kong

Spicy noodles and pickled fish: Chinese restaurants move to Hong Kong

In the Shek Tong Tsui area, where Return Home Hunan opened in May, many of the brightly colored restaurants – once mainstays of the neighborhood – had recently closed their doors. A restaurant that served cheap noodles and milk tea was gone, as was a restaurant where retirees gathered to eat dim sum and catch up on the day's news. “The restaurant business is hard work,” said Roy Tse, the owner of a local restaurant that sold lunch rice dishes once popular among office workers in Hong Kong's Taikoo Shing business district. There are fewer visitors at lunchtime these days.…
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When the only way out of the war in Gaza is to buy your way out

When the only way out of the war in Gaza is to buy your way out

In February, when Dr Ghayyda traveled to the Egyptian capital to register his parents, sister and nephew, he took his 23-year-old son with him to avoid carrying more than $10,000. By then he had raised about $25,000. “The whole process was quite long, complex and uncertain,” he said. In an interview in his office in Cairo, Mr. Organi spoke at length and in detail about Hala's activities, although he said his role in the company was limited and that he was just one of many shareholders. Hala has long been listed on Organi Group's website as one of the conglomerate's…
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Google CEO testifies in Ozy Media founder’s fraud trial

Google CEO testifies in Ozy Media founder’s fraud trial

At the center of the federal criminal trial is an incident in 2021 in which Mr. Watson's deputy deceived Goldman Sachs employees on a fundraising call by posing as a YouTube executive. The revelation of the call precipitated Ozy's downfall. Defense lawyers for Mr. Watson and Ozy accused his deputy, Samir Rao, of the false phone call and of misrepresenting Ozy's financial details to potential investors. Ms. Frison said in her opening statement in May that Mr. Rao was “incompetent for the role he was filling.” Mr. Rao and Suzee Han, Ozy's former chief of staff, pleaded guilty last year…
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Fauci says the idea that he hid a lab leak is ‘absurd’

Fauci says the idea that he hid a lab leak is ‘absurd’

Monday is the first opportunity for lawmakers to ask him about his agency's record-keeping practices. For Republicans on the committee, the hearing is also the culmination, so far, of a long campaign against American scientists and health officials who they say helped trigger the Covid pandemic. No new evidence of a pandemic emerging from a laboratory, with or without the help of American taxpayer funding, has emerged in a series of high-profile hearings over the past year. In a report on Monday, titled “Republicans' Fauci Flop,” Democratic lawmakers said Republicans on the committee failed to prove that the coronavirus, known…
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As Ukraine expands its military draft, some men are in hiding

As Ukraine expands its military draft, some men are in hiding

Tymofii Brik, a sociologist at the Kyiv School of Economics, said polls “suggest that the willingness to defend the nation among Ukrainians has remained constant” throughout the war, with about a third of people indicating a willingness to serve. However, Ukraine's mobilization has opened up painful divisions in society. Vitaliy Bondarenko, a 29-year-old conscript officer from Lviv, said the men ran away every time his vehicle stopped. “They see us and run away,” he said. Many Ukrainian soldiers resent those who try to avoid the draft, arguing that their actions weaken their country's war effort. “Given the intensity of the…
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John Jaso gave up baseball to enjoy life on a boat

John Jaso gave up baseball to enjoy life on a boat

He also took several trips to Europe, discovering a passion for exploring his father's ancestral land in the Basque Country in northern Spain. And he drove a camper van around Australia and Indonesia. But the boat was his greatest pleasure. “I want my life to be simple and there's nothing simpler than being on a sailboat,” she said. “You treat the boat well and it treats you well. That's all. Before the pandemic, the Roaming Rose docked in Turks and Caicos. Due to travel restrictions, she was stuck there for nearly two years. When he was allowed to pick up…
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UAW reaches agreement on pay and safety at electric vehicle battery plant

UAW reaches agreement on pay and safety at electric vehicle battery plant

GM and Ultium released statements saying they were pleased with the deal. The union said it wants to use the Ultium Cells contract as a model to negotiate local deals at other battery plants that GM and its Detroit rivals are building. GM began production this year at a battery plant in Spring Hill, Tennessee, and has another under construction in Lansing, Michigan. Ford Motor plans two battery plants in Kentucky, one in Tennessee and one in Michigan. Stellantis, the maker of Chrysler, Jeep, Dodge and Ram vehicles, plans two battery plants in Indiana. Aside from a Ford location, these…
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Crisis in the Middle East: The United States imposes sanctions on the Israeli group for blocking humanitarian convoys in Gaza

Crisis in the Middle East: The United States imposes sanctions on the Israeli group for blocking humanitarian convoys in Gaza

The State Department announced Friday that it will impose sanctions on a right-wing Israeli group that tried to prevent aid from reaching people in the Gaza Strip by blocking trucks traveling from Jordan to the coastal enclave.The department's statement said the sanctioned organization, Tzav 9, was "a violent Israeli extremist group that blocked, harassed and damaged convoys carrying life-saving humanitarian assistance to Palestinian civilians in Gaza."Members of the group have tried for months to prevent humanitarian aid from reaching Gaza, the department said. They blocked roads on which aid trucks travel between Jordan and Gaza, including the West Bank, and…
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William H. Donaldson, the Lion of Wall Street who led the SEC, dies at 93

William H. Donaldson, the Lion of Wall Street who led the SEC, dies at 93

William H. Donaldson, who made an early fortune as co-founder of the innovative securities firm Donaldson, Lufkin & Jenrette and later pushed for tougher financial regulation as chairman of the Securities and Exchange Commission in the wake of the Enron and WorldCom accounting scandals , died Wednesday at his home in Westchester County, New York, at the age of 93. The cause was leukemia, his son Adam said. Mr. Donaldson also briefly served as undersecretary of state under Henry A. Kissinger, ran the New York Stock Exchange and was chief executive of the insurance company Aetna Inc. In 1975, he…
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