US-China Audit Deal Is Only Window Dressing

US-China Audit Deal Is Only Window Dressing

A Petro China gas station in Hong Kong, Aug. 15. Photo: Jerome Favre/Shutterstock Anyone who has dealt with Chinese authorities knows that serious negotiation starts only after an agreement is signed. Hong Kong learned this lesson the hard way in the decades after the 1984 Sino-British Joint Declaration. Now it’s America’s turn. This week Chinese … Read more

Peloton Delays 10-K Annual Report to Complete Accounting

Peloton Delays 10-K Annual Report to Complete Accounting

Peloton’s sales have plunged and costs connected with its turnaround effort have surged. Photo: Bess Adler for The Wall Street Journal Updated Aug. 30, 2022 10:33 am ET Peloton Interactive Inc. PTON -5.54% said it needs to delay filing its annual report with securities regulators, the latest setback for the maker of internet-connected-fitness equipment. Peloton … Read more

‘Bitcoin is like digital gold. It’s the first and it doesn’t have an unlimited supply:’ What crypto crash? The wild, crazy ride of a 30-something crypto investor who says he’s all in

‘Bitcoin is like digital gold. It’s the first and it doesn’t have an unlimited supply:’ What crypto crash? The wild, crazy ride of a 30-something crypto investor who says he’s all in

Vinny Zane has a taste for life — and an appetite for risk. The 38-year-old teacher and father of a 2-year-old son on Brooklyn’s Coney Island got into crypto in 2017 with $4,000 worth of Bitcoin, and jumped into NFTs, or non-fungible tokens, last year.  “It was a learning curve for me,” he told MarketWatch. … Read more