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Chinese companies look to U.S. and Asia as growth slows at home
BEIJING — Some Chinese consumer brand names are searching for advancement overseas, in marketplaces like the U.S. and Southeast Asia. Just take Miniso, a Guangdong-primarily based vendor of toys and residence items. Occasionally known as China’s Muji, Miniso opened a flagship keep in New York City’s SoHo in February. The store’s gross merchandise worth — a measure of gross sales about time — is clocking all around $500,000 a month, with $1 million a month probably by December, founder and CEO Jack Ye advised CNBC in late June. A lot more importantly, he said that for immediately operated merchants in the United States, Miniso’s gross profit margin is very well…
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How two Oregon companies plan to help out-of-state employees access abortion
The Salt & Straw scoop shop at Disney Springs in Florida, pictured at its grand opening in April 2022. The organization mentioned it will pay out for personnel to journey out-of-state to entry abortion. courtesy of Salt & Straw Your browser does not assist the audio element. When the constitutional proper to abortion vanished, Kim Malek, the CEO of Salt & Straw Ice Cream, acted quickly. In just several hours, the Portland-primarily based corporation promised to spend journey fees for employees who want to leave their household states to access abortion. Salt & Straw has about 100 personnel at scoop outlets in Florida, wherever a contested condition law bans most…
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BoE under pressure as UK companies plan for extended period of inflation
Two-thirds of business leaders expect quick Uk cost rises to persist longer than the Bank of England hopes, with most not expecting inflation to peak till spring of future calendar year. The sights from a June study of the Institute of Directors’ (IoD) membership counsel that corporations are planning to raise their price ranges in moves that are probably to embed substantial inflation far more deeply in the British isles economy. Evidence of persistent value and wage rises has been cited by numerous customers of the BoE’s monetary policy committee as grounds for acting “forcefully” with curiosity prices. The study will increase the chance that the central lender will enhance…
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House lawmakers are investigating how some tech companies will handle health data related to abortions
They are in search of facts from 5 knowledge broker businesses and five wellbeing-monitoring app companies about their collection, retention and sale of private wellness details, according to letters sent Thursday night time by Reps. Carolyn Maloney and Raja Krishnamoorthi, chair and member of the Residence Oversight Committee, alongside with Rep. Sara Jacobs. The businesses have until July 21 to respond, for every the letters, which were considered by CNN Enterprise. The shift comes amid expanding concerns that individual knowledge, this sort of as spot heritage, health heritage, messages and lookups, could be used by regulation enforcement in some states to criminalize individuals trying to find or furnishing abortions, immediately…
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Health tech companies scramble to close privacy gaps after Roe ruling
In the wake of the Supreme Court docket determination to overturn Roe v. Wade, reproductive health knowledge in health-related documents is vulnerable to legal requests in states that have criminalized abortion, or will quickly. But there are even fewer protections in location for the electronic footprints still left exterior the doctor’s business office — and health and fitness tech companies are grappling with what to do about it. “If I were being in the reproductive health business, I would totally be rethinking my platform and how it labored,” explained Lucia Savage, main privacy and regulatory officer at Omada Overall health. STAT arrived at out to two dozen corporations that interact…
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Media Companies Expand Health Coverage After Supreme Court Abortion Ruling
Since the Supreme Court’s ruling on abortion, some media corporations have wrestled with a complicated concern: how to stability their information coverage with the need to expand their insurance policies to guard reproductive overall health care for their workforce. Vox Media’s main executive, Jim Bankoff, consulted with his prime editors to make confident the company reaction to the court’s ruling would not undermine coverage. BuzzFeed’s chief govt, Jonah Peretti, who shared his “outrage” about the court’s determination in a memo to his workers, explained in an job interview that various groups decided the company’s editorial and company responses. “It’s a extremely delicate stability,” mentioned Michael Schudson, a sociologist and historian…
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