Business

In the hunt to determine what caused the fire that consumed Lahaina, the focus has increasingly turned to Hawaii’s biggest power utility — and whether the company did enough to prevent a wildfire in the high winds that swept over Maui last week. Lawyers for Lahaina residents suing the utility, Hawaiian Electric, contend that its […]

Lebanese authorities on Monday froze the bank accounts of the country’s embattled former central bank governor, Riad Salameh, days after the United States, Britain and Canada imposed sanctions on him for “contributing to the breakdown of the rule of law in Lebanon” through decades of corruption. The action, announced by Lebanon’s interim central bank governor,

The Chinese government, facing an expected seventh consecutive monthly increase in youth unemployment, said Tuesday that it had instead suspended release of the information. The unemployment rate among 16- to 24-year-olds in urban areas hit 21.3 percent, a record, in June and has risen every month this year. It was widely forecast by economists to

For years, Russia’s central bank has skillfully shielded the country’s economy when crisis has loomed, drastically raising interest rates, restricting money movements or taking over ailing banks. The swift, sharp moves conveyed a clear message that, despite increasingly bitter economic conflicts with the West, economic stability would be maintained at any cost. On Tuesday, the

The personalities of MovieTok are not critics in the traditional sense. Their upbeat videos earn them contracts with Hollywood studios in addition to the devotion of movie lovers. These accounts offer a sampling of the new breed of movie reviewers. Name: Juju GreenAge: 31Followers: 3.4 millionSpecialty: Easter eggs and red carpet interviewsPast Clients: Disney, Universal,

Many creators, most in their 20s or early 30s, specialize within a particular niche. Joe Aragon (Cinema.Joe, 931,000 followers) is known for his breakdowns of coming attractions; Monse Gutierrez (cvnela, 1.4 million followers) and Bryan Lucious (stoney_tha_great, 387,000 followers) demystify and rank horror films; Seth Mullan-Feroze (sethsfilmreviews, 256,000 followers) leans toward art house and foreign

The world’s two largest economies — China and the United States — are moving in sharply different directions. Both are a risk to financial markets. Investors are wary of China’s weakening growth, deflation and precarious real estate market, but they have largely shrugged off these concerns so far. Investors are, however, flinching at signs that

CBS News has named Wendy McMahon as its next chief executive, overseeing the news division, its network of stations and its TV syndication arm. Ms. McMahon was previously president of CBS News and its stations, splitting duties with Neeraj Khemlani, who also held that title. Mr. Khemlani stepped down on Sunday, striking a multiyear deal

Country Garden, a Chinese real estate giant, has lost billions of dollars and racked up $200 billion in unpaid bills. It’s on the hook to deliver, by one estimate, nearly one million apartments across hundreds of cities in China. The privately owned developer, founded by a farmer three decades ago, is inching closer to default.