"There are too many entrepreneurs, too many engineers, and too much desire for local governments to support local champions," he said. "Brutal competition has produced many of China's successes, for example, in solar and electric vehicles. It is also a reason for many of these industries to have low profits," he added.
The 20 new liquor licenses Mayor Lurie is dropping on Union Square are getting predictable blowback from downtown bar owners, who are still struggling from the pandemic and not particularly keen on having 20 new competitors.
"I play for a top club. This is maybe one of the top three in the world, It's Liverpool -- of course they are going to buy top players; of course the competition is high. If I don't want competition, I go to another team. But I want the competition, I want to play here. Competition helps you to become a better player."
SAP has proposed concessions to the European Commission to address competition concerns. The German company hopes that these proposals will prevent a costly investigation. This is according to sources at Reuters. Without an agreement, the company risks a fine of up to 10 percent of its annual global turnover. For a company the size of SAP, that could amount to several billion euros.
In his blog, posted on Thursday, Broeksmit warned that a Fannie-Freddie merger would harm competition and increase risks in the U.S. housing finance system, noting that a similar idea was put forward by the National Economic Council in September 2016 and received careful review across the industry before ultimately being rejected. Competition between Fannie Mae and Freddie Mac has been central to their success in providing liquidity and stability to the mortgage market, Broeksmit wrote.
Nike is overhauling its in-store presence, and my visits to five retailers this back-to-school season suggest the approach isn't one size fits all. Its retail partners, like Foot Locker and Snipes, seem to have the deepest markdowns, while Nike's stores have a broader selection. That's based on my store checks in New York, including Nike's new location in Brooklyn, two Foot Locker stores, streetwear retailer Snipes, and Urban Outfitters.
Because of the potential to achieve strong returns, it makes sense that investors want to find companies benefiting from secular trends. fits the bill, but long-term shareholders haven't been rewarded. As of Aug. 22, this streaming stock trades an alarming 80% below its peak, even though it has climbed 27% in 2025. This huge dip might prompt investors to want to add the business to their portfolios. However, it's important to know these three things about Roku first.
Most of Baidu's revenue drop came from its online marketing segment, which fell 15%. That part of the business usually makes up about 60% of total revenue, so the hit was significant. The decline reflects Chinese companies pulling back on ad spending, driven by a slowing economy, weak hiring, and a sluggish property market. Many businesses are cutting costs wherever they can, and ad budgets are an easy target, which has directly hit Baidu's search advertising income.
The proposed class action antitrust lawsuit alleges that Boats Group has engaged in strong-arm tactics to choke competition and jack up prices on brokers and dealers.
The Limelight 4 (LL4) is an AI-powered camera designed for robotics competitions, integrating advanced hardware and smart software to enhance performance and precision.
"There's no doubt that we need to reinforce the top line. I'm really pleased with where we are structurally in defensive numbers... But I think we need competition at the top end of the field."
The EFL Championship has become increasingly popular, showcased by all teams fighting for promotion or relegation late in the previous season, and expected thrilling campaigns ahead.
Red Bull Tetris combines competitive play with nostalgic elements, introducing gravity flips and speed boosts, amplifying the iconic block-dropping game experience with modern flair.
According to Anthropic's commercial terms of service, customers are barred from using the service to 'build a competing product or service, including to train competing AI models' or 'reverse engineer or duplicate' the services.
