Marine veteran addresses Congress after father forcibly detained by immigration agents

Marine veteran addresses Congress after father forcibly detained by immigration agents

A Marine veteran whose father was detained by federal immigration agents while at his landscaping job in California last month told Congress members on Tuesday that his father is “traumatized” by what happened and charged that the immigration system is “broken.” Customs and Border Patrol agents arrested Narciso Barranco, who is undocumented, in Santa Ana…

Read More
Chinese investors snap up stocks on hopes for an end to price wars and overcapacity

Chinese investors snap up stocks on hopes for an end to price wars and overcapacity

BEIJING — China’s stock market is buzzing over government promises to tackle price wars that have hurt profits and worsened global trade tensions. The prevailing catchphrase is “anti-involution,” and it reflects efforts to curb intense competition and overcapacity in industries like solar panels, steel, and electric vehicles. With rising trade barriers such as President Donald…

Read More
Fashion tech executive arrested for alleged $300 million fraud

Fashion tech executive arrested for alleged $300 million fraud

Christine Hunsicker, the founder of clothing-rental company CaaStle, was arrested Friday on federal fraud charges accusing her of cheating investors out of $300 million. Federal prosecutors for the Southern District of New York said that Hunsicker misrepresented CaaStle’s financial performance to investors, allegedly making false revenue projections of hundreds of millions of dollars and falsely…

Read More
Australian and Chinese leaders seek to boost trade

Australian and Chinese leaders seek to boost trade

BEIJING — The leaders of Australia and China sought to deepen trade ties despite their differences over regional security and human rights at talks Tuesday in the Chinese capital. Chinese leader Xi Jinping told Australian Prime Minister Anthony Albanese that seeking common ground while setting aside differences is in line with “the fundamental interests of…

Read More