Shares of China’s top chipmaker, Semiconductor Manufacturing International Corp. fell nearly 5% in Hong Kong after its co-CEO said he would resign, Bloomberg and other media outlets reported. The resignation, which was a surprise to the company’s board, is significant because SMIC is key to China’s plans to reduce its reliance on U.S. chipmakers amid the U.S.-China trade war. SMIC’s...
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Why the Return to the Office Is Inevitable
For proponents of a return to working in the office, it’s two steps forward and one step back. The haze of Canadian smoke that hung over New York City and other parts of the East Coast this week gave people a reason to stay inside. Some schools shuttered their doors. People on the streets have been wearing masks. Yes, it has felt a bit like 2020. But no one should rush to buy Zoom Video stock....
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