Story highlights China looks to Africa to supply donkeys for traditional medicine Suppliers suffering environmental and economic problems The largest economies and black market now involved (CNN)Gelatin produced from donkey hide is a key ingredient of one of China's favorite traditional remedies, known as ejiao, which is used to treat a range of ailments from colds to insomnia. But as the rising power shifts towards advanced industry and away from traditional agriculture, donkeys are in decline. State statistics show the population has fallen from 11 million to six million over the last 20 years. China is now increasingly looking to Africa to boost its stocks, and imports donkeys from countries across the continent. But flourishing trade has hit several roadblocks. Donkeys decimated Niger recently became the latest African state to ban exports of donkeys, following a surge in sales to China. Read More Government officials reported that 80,000 animals had been sold in the … [Read more...] about Why is China buying up the global supply of donkeys?
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SAN FRANCISCO (CNN) — Two of the leaders of the online brokerage industry may be merging. San Francisco-based Charles Schwab is said to be in talks to buy TD Ameritrade in a deal worth $26 billion according to multiple reports. The deal — if one happens — would come one month after both companies announced plans to eliminate commissions for most online trades — a move that is great for their customers but left analysts and investors in these stocks wondering how Schwab and TD Ameritrade would make up for the loss in revenue. Schwab said it would go to zero just a few days after smaller rival Interactive Brokers Group said it was ending commissions. But the decision by Schwab launched an immediate price war, with TD Ameritrade, E-Trade, Fidelity, Ally Invest and other smaller online brokers all quickly following suit. The traditional discount brokers have all faced intense competition from Robinhood, a trading app popular with millennials … [Read more...] about Charles Schwab Reportedly In Talks To Buy TD Ameritrade
FILE - In this Nov. 20, 2018 file photo, a U.S. flag flies outside New York Stock Exchange. Stocks fell in early trading on Wall Street Thursday, Nov. 21, 2019, as investors worry that the U.S. and China will fail to make a trade deal before the year is over. less FILE - In this Nov. 20, 2018 file photo, a U.S. flag flies outside New York Stock Exchange. Stocks fell in early trading on Wall Street Thursday, Nov. 21, 2019, as investors worry that the U.S. and China ... more Photo: Mary Altaffer, AP Photo: Mary Altaffer, AP Image 1 of / 1 Caption Close Image 1 of 1 FILE - In this Nov. 20, 2018 file photo, a U.S. flag flies outside New York Stock Exchange. Stocks fell in early trading on Wall Street Thursday, Nov. 21, 2019, as investors worry that the U.S. and China will fail to make a … [Read more...] about Stocks edge lower on Wall Street over China trade anxiety
Photo: Courtesy of the vendors A lot of autumnal wares in this edition of our Friday Sales roundup, including multiple coats and jackets, a $50 cashmere sweater, some suede heels, and an ACNE scarf. Natori Bliss Cotton Girl Briefs $12 (was $20, now 40% off) Some of our favorite, everyday underwear from Natori is 40 percent off at the moment. $12 at Nordstrom Buy Eileen Fisher Stretch Tencel Lyocell Jumpsuit $140 (was $318, now 56% off) A 56 percent off soft and simple jumpsuit from Eileen Fisher. $140 at Nordstrom Rack Buy Eileen Fisher Organic Cotton Long Sleeve T-Shirt (Plus Size) $35 (was $108, now 68% off) A pop of color in the form of an Eileen Fisher long-sleeved tee made from organic cotton. $35 at Nordstrom Rack Buy Bodum 34-Oz. Electric Water Kettle $16 (was $33, now 52% off) A classic Bodum electric kettle just in time for warm tea season. $16 at Macy's Buy with code: SAVE Thalia … [Read more...] about 35 Things on Sale You’ll Actually Want to Buy: From Baggu to Barbour
Stocks closed slightly lower on Wall Street on Thursday after a mostly listless day of trading handed the market its third straight drop.Losses in technology stocks, companies that rely on consumer spending and other sectors outweighed gains elsewhere in the market. Energy sector stocks were the biggest winners, benefiting from another pickup in crude oil prices. Healthcare and communication services companies also rose.The S&P 500 index dropped 4.92 points, or 0.2%, to 3,103.54. The Dow Jones industrial average fell 54.80 points, or 0.2%, to 27,766.29. The Nasdaq slid 20.52 points, or 0.2%, to 8,506.21. Investors have turned cautious this week amid concerns that the U.S. and China will fail to make a trade deal before the year is over. Advertisement The world’s largest economies have been negotiating a resolution to their trade war ahead of new tariffs set to hit key consumer goods on Dec. 15. Investors have been hoping for a deal before that happens, as the tariffs would … [Read more...] about Stocks post small losses amid U.S.-China trade anxiety