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These children’s beds are being recalled due to strangulation and death risks, consumer watchdog says

By Ashley R. Williams, CNN (CNN) — Parents may want to check their children’s rooms for a recalled bed with hazards that could potentially kill, according to a product safety commission. Around 7,450 Zipadee Kids convertible house bed frames and Montessori floor beds, manufactured by Ohio-based Bell Station Interiors – which does business as Zipadee

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Evergrande’s bankruptcy may be just the beginning of China’s real estate crisis

By Allison Morrow, CNN New York (CNN) — Evergrande’s US bankruptcy serves as a cautionary tale about the growth-at-all-costs model that underpinned China’s spectacular growth over the past 30 years.  For decades, Evergrande, once one of China’s most successful real estate developers, gobbled up debt as China’s economy exploded. Demand for housing was so strong,

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China’s Evergrande files for bankruptcy

CNN By Samantha Delouya, CNN (CNN) — China’s Evergrande Group — once the country’s second-largest property developer — filed for bankruptcy in New York on Thursday. The beleaguered firm borrowed heavily and defaulted on its debt in 2021, sparking a massive property crisis in China’s economy, which continues to feel the effects. Evergrande filed for

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Publishers see dramatic drop in Facebook referral traffic as the social platform signals exit from news business

By Oliver Darcy, CNN (CNN) — Facebook is shunning the news business in the US. The Meta-owned company has quietly made changes in recent months that have dramatically reduced referral traffic to media outlets, more than half a dozen publishers told me. The move has put considerable dents in the daily traffic publishers see, with

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