Month: March 2024

China’s Country Garden Faces Winding Up Petition In Hong Kong

China’s Country Garden Faces Winding Up Petition In Hong Kong

Related media - Connected media More than 50 Chinese property developers have defaulted on debts since 2021. They have refused to repay overseas creditors while still making arrangements with Chinese banks for possible eventual repayment. Many of these developers have shares listed on the Hong Kong stock market or have borrowed there, or both. But creditors face formidable obstacles in seeking to recover loans from Chinese real estate developers through petitions to the court system in Hong Kong, said Zerlina Zeng, the head of East Asia corporate credits at CreditSights, a global credit research firm. Most of the assets of…
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 Billion Donation Will Provide Free Tuition at a Bronx Medical School

$1 Billion Donation Will Provide Free Tuition at a Bronx Medical School

Related media - Related media When she focused on the bequest, she realized immediately what she wanted to do, she recalled. “I wanted to fund students at Einstein so that they would receive free tuition,” she said. There was enough money to do that in perpetuity, she said. Over the years, she had interviewed dozens of prospective Einstein medical students. Tuition is more than $59,000 a year, and many graduated with crushing medical school debt. According to the school, nearly 50 percent of its students owed more than $200,000 after graduating. At most other New York City medical schools, less…
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Lead-Tainted Applesauce Highlights Failings in Food Safety System

Lead-Tainted Applesauce Highlights Failings in Food Safety System

Related media - Connected media Early last summer, Nicole Peterson and Thomas Duong were alarmed by their young children’s blood-lead levels in a routine screening. Within weeks, the levels had doubled. Ms. Peterson said the couple worked with the local health department as they tried to determine what could be hurting their children. We “weren’t sleeping and we’re not eating — like this is driving us crazy,” said Ms. Peterson. She and her husband are suing Dollar Tree, where they bought the applesauce, and WanaBana, a U.S. distributor led by Austrofood officers. A Dollar Tree spokeswoman said the company is…
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Unopened Case of More Than 10,000 Hockey Cards Sells for .7 Million

Unopened Case of More Than 10,000 Hockey Cards Sells for $3.7 Million

Associated media - Associated media The box went to an anonymous buyer in Canada, Mr. Simonds said, breaking the record for the most money spent on unopened sports cards and the most anyone has spent on a hockey collectible. Baseball Card Exchange, an authenticator that specializes in unopened vintage sports cards, confirmed that 16 wax boxes were inside the case. Each box contains 48 packs of cards, with 14 cards per pack, for a total of more than 10,000 cards. The set contains 396 different player cards, which means that if the assortment were perfectly random, it would contain 27…
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Apple Vision Pro Review: First Headset Lacks Polish and Purpose

Apple Vision Pro Review: First Headset Lacks Polish and Purpose

Connected media - Associated media About 17 years ago, Steve Jobs took the stage at a San Francisco convention center and said he was introducing three products: an iPod, a phone and an internet browser. “These are not three separate devices,” he said. “This is one device, and we are calling it iPhone.” At $500, the first iPhone was relatively expensive, but I was eager to dump my mediocre Motorola flip phone and splurge. There were flaws — including sluggish cellular internet speeds. But the iPhone delivered on its promises. Over the last week, I’ve had a very different experience…
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Eye Ointments at CVS and Walmart Pulled Because of Infection Risk

Eye Ointments at CVS and Walmart Pulled Because of Infection Risk

Connected media - Associated media “The products are being recalled due to lack of sterility assurance at the facility noted during an inspection conducted by the Food and Drug Administration,” the announcement said. It added that, as of Feb. 16, the company had not received any reports of adverse reactions related to these products. The products are intended to be sterile, the administrator said, because drugs applied to the eyes bypass some of the body’s natural defense systems. Other eye products have been recalled in recent months. In October, the F.D.A. advised consumers to stop using more than two dozen…
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Can You Recycle Medical Devices Like Insulin Pens, Inhalers and Covid Tests?

Can You Recycle Medical Devices Like Insulin Pens, Inhalers and Covid Tests?

Linked media - Linked media “What we really need is an evolving, specialized recycling infrastructure alongside the big five — paper, glass, plastic, metal and cardboard,” said Mitch Ratcliffe, publisher of the website Earth911. “That conversation is really picking up steam in some particular categories, but not in medical equipment at all.” A few designers and companies are exploring alternatives that are more reusable or safer for the environment. Inhalers The inhalers that many people use for treatment of asthma or other respiratory ailments contain potentially recyclable materials. But those with leftover medication or propellants may also be hazardous if…
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