China is cracking down on firms, but it’s not about long-term financial health, economist says

China’s crackdown on capital flight and high leverage has a lot more to do with politics than economics, an independent economist said Tuesday. “The issue is that the economy is politicized, especially in China in the last few years,” Andy Xie told...

Justice Dept. to Take On Affirmative Action in College Admissions

By CHARLIE SAVAGE August 1, 2017 WASHINGTON — The Trump administration is preparing to redirect resources of the Justice Department’s civil rights division toward investigating and suing universities over affirmative action admissions policies...

Apple has a ‘large project’ on autonomous systems, but Tim Cook says it’s not necessarily a car

Apple CEO Tim Cook has repeatedly called autonomous systems the “mother of all AI projects,” and the company has a car endeavor underway, reportedly dubbed Project Titan. But on a conference call with investors on Tuesday, Cook hinted that Apple has a...

Senator urges Trump to extend key Obamacare subsidies until next year, in bid to stabilize market

The chairman of the Senate’s key health committee urged President Donald Trump to continue making payments on subsidies that reduce out-of-pocket costs for low-income Obamacare plan enrollees, and urged his fellow Republican lawmakers to fund those subsidies...