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China Evergrande’s Problems Are Only Getting Worse

For months, the unwinding of China Evergrande, the world’s most indebted property developer, played out like a slow-moving train crash. After filing for bankruptcy protection last month — nearly two years after the company defaulted on payments to some creditors — Evergrande appeared on the path toward a more typical debt restructuring for creditors. But…

U.A.W. Expands Strikes at Ford and G.M.

The United Automobile Workers union increased the pressure on Ford Motor and General Motors by extending its strike to two more car assembly plants on Friday, saying the companies had not moved far enough to meet its demands for higher pay and benefits. The move is the second escalation of strikes that started on Sept….