Article
Evergrande Founder Gets Life But Homebuyers, Suppliers Bear The Costs Of China's Property Collapse
Evergrande Founder Gets Life But Homebuyers, Suppliers Bear The Costs Of China's Property Collapse
Authored by Michael Zhuang via The Epoch Times,
The sentencing of China Evergrande founder Hui Ka Yan to life in prison has brought a legal reckoning for one of the country's most spectacular corporate collapses. However, for hundreds of thousands of homebuyers, investors, and other creditors, the ruling does little to resolve the financial losses left behind by the property giant.
Xu Jiayin, also known as Hui Ka Yan, founder of property developer Evergrande, appears for sentencing at...
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May 2, 2026 / Tyler Durden
First US Integrated Humanoid Robot Factory To Build 100,000 NEO Robots By 2027
First US Integrated Humanoid Robot Factory To Build 100,000 NEO Robots By 2027
Authored by Neetika Walter via Interesting Engineering,
U.S.-based robotics firm 1X has started full-scale production of its humanoid robot NEO at a new manufacturing facility in Hayward, California.
The factory marks a key step toward commercializing general-purpose humanoid robots designed for home use. The company says the robots are built to safely operate alongside humans and assist with everyday tasks such as mobility support, light household activity, and routine interaction.
NEO robot units working at the NEO Factory in Hayward, California.1X...
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Sep 15, 2026 / Tyler Durden
Saudis Cancel September Crude Cargoes To Europe As East-West Pipeline Shutdown Deepens Energy Crisis
Saudis Cancel September Crude Cargoes To Europe As East-West Pipeline Shutdown Deepens Energy Crisis
Summary:
Saudis Cancel September-Loading Crude Cargoes to Europe
Europeans are paying between $9-$11 per gallon for diesel amid Global Refining Crisis
Saudi Oil Routes Narrow: Kingdom Eyes Hormuz Export Surge After Pipeline Attack
Saudis Cancel September-Loading Crude Cargoes to Europe
"Refining is super short. Between Europe's woes, Russias war on Ukraine and a drop in refined products from the Arabian Gulf its really bad. As many of my amazing followers showed yesterday… Europeans are paying between $9-$11 per gallon for diesel," CNBC's...
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Apr 26, 2026 / Tyler Durden
Mamdani Is Destroying The Tax Base His Stupid Ideas Desperately Need
Mamdani Is Destroying The Tax Base His Stupid Ideas Desperately Need
Submitted by QTR's Fringe Finance
When the Fischer-Price My First Mayor™ of New York Zohran Mamdani chose to film a “tax the rich” video in front of a Manhattan penthouse owned by Citadel CEO Ken Griffin, he wasn’t just celebrating “tax day”, he was making a policy argument.
Mamdani was making a choice about his tone (dickish), about targets (“people with more money than me are bad”), and about how the city signals to the very people it depends on to fund its...
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