China could face an economic crisis in the next 20 years if Beijing does not quickly overhaul its development model, World Bank and Chinese government researchers warned on Monday. The world’s second-largest economy was at a “turning point” and the need for deep reforms was urgent, the analysts said in a report forecasting China’s economic … Continue reading
IBM is going through another layoff, according to a labor union trying to represent the company’s workers. The IBM Union Alliance in New York state, where IBM is based, began receiving calls and emails from IBM workers Monday morning. The layoffs are scattered across various sites and affect numerous divisions, said Lee Conrad, the union … Continue reading