Exclusive: Tencent plans to divest Meituan stake worth $24 billion

Tencent seeks to initiate sale of Meituan stake this year – sources Sale seeks to appease regulators and monetize 8-year-old betting sources Sale of stake likely to be made as a block transaction – sources This decision comes after the sale by Tencent of JD.com and the participations of SEA Meituan shares sink 10%; Tencent …

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Prosecutors Struggle to Catch Up to a Tidal Wave of Pandemic Fraud

In the midst of the pandemic the government gave unemployment benefits to the incarcerated, the imaginary and the dead. It sent money to “farms” that turned out to be front yards. It paid people who were on the government’s “Do Not Pay List.” It gave loans to 342 people who said their name was “N/A.” …

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FDA moves to make hearing aids available over the counter

Comment this story Comment The Food and Drug Administration on Tuesday decided to make hearing aids cheaper and easier to buy over-the-counter without a prescription or medical exam — a long-awaited goal by nearly 30 million consumers. “Starting in mid-October, Americans will be able to purchase more affordable hearing aids over the counter at pharmacies …

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