NTD Business Full Broadcast (June 13)

Paul Greaney
By Paul Greaney
June 13, 2022NTD Business
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The largest pork processor in the United States is abandoning California. It says it’s not worth doing business there anymore because of taxes and inflation.

Luxury home sales see the biggest drop since 2020. Why? And what could it mean for some buyers?

McDonald’s restaurants reopen in Russia, under a new name and Russian ownership.

Who wants to try out some delicious delicacies from around the world? NTD’s Phil Zou takes us on a fancy food tour.

Bitcoin plunges, bringing the total value of the crypto market below $1 trillion for the first time since early last year.

Topics in this episode include:

1. Largest U.S. Pork Processor Closing Calif. Plant
2. Californians Vacate to Mexico
3. Inflation Could’ve Been Curbed: Allianz Economist
4. Luxury Home Sales See Biggest Drop Since 2020
5. Wall Street: Stocks Sell Off Sharply
6. Bitcoin Falls 14%, Crypto Mkt Value Under $1T
7. Crypto Lender Celsius Freezes Withdrawals
8. Binance U.S. Sued Over Stablecoin Collapse
9. Spotify Forms Council on Harmful Content
10. Hong Kong: Gov’t English Teachers Must Take Oath
11. ‘Fancy Food Show’ Tour in New York
12. Prime Members Sue Amazon for Delivery Change
13. McDonald’s Reopens in Russia Under New Name
14. Researchers Turn Food Waste Into Cement

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