China Unveils Historic Steps to Rescue Property Sector; Mercedes Workers in Alabama Reject Union | Business Matters Full Broadcast (May 17)
China on Friday announced some of its most sweeping measures yet to stabilize the crisis-hit property sector, allowing local governments to buy “some” apartments, relaxing mortgage rules and pledging further efforts to deliver unfinished homes. U.S. workers at a Mercedes-Benz plant in Alabama handed a stinging loss to the United Auto Workers on Friday, rejecting the union in […]