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China s Pinduoduo Has Reshaped Discount Shopping - The New York Times

Pinduoduo appeals to people seeking deals and “downgraded spending,” as consumer purchasing in China has slowed recently amid economic rockiness.

Family Dollar Is Fined $41 7 Million Over Rodent-Infested Warehouse

A federal inspection found living and dead rats at a site in Arkansas in January 2022. Family Dollar pleaded guilty and was assessed the largest food-safety fine to date.

Low Prices Lure Hong Kongers to China - The New York Times

Hong Kong residents are finding in Shenzhen, the mainland city next door, lower prices, better service and tasty cuisine.

Hertz Will Sell Electric Cars After Being Burned by Tesla s Price Cuts

The rental car company blamed the sharp drop in the value of electric vehicles and higher repair costs for its decision to sell 20,000 cars.

General Motors Reports a 14% Jump in U S Auto Sales in 2023

The nation’s largest automaker sold more cars in 2023 than a year ago as supply chain chaos ended, but sales are now under pressure from rising interest rates.

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