NEW YORK (AP) — Charlie Javice, the founder of a startup company that sought to dramatically improve how students apply for financial aid, was sentenced Monday to more than seven years in prison for cheating JPMorgan Chase out of $175 million by greatly exaggerating how many students it served. Javice, 33, was sentenced in Manhattan…
Welfare recipients taking part in a new pilot scheme in Hong Kong that requires them to put in volunteer hours can make use of the unpaid work to enhance social connections and increase their employability, a minister has said. Secretary for Labour and Welfare Chris Sun Yuk-han on Saturday dismissed concerns that mandated voluntary work…
China isn’t about to let its export market go belly-up. Instead, it will do what it always does – pump money into its industries to soften the blow of U.S. tariffs. By subsidizing the costs that tariffs impose, China inadvertently reduces the financial strain on U.S. importers. However, this move will make Chinese businesses lean…