China’s Lehman Brothers Moment?

The New York Times: Angry home buyers are waiting on as many as 1.6 million apartments. Suppliers that sold cement, paint, rebar and copper pipes are owed more than $100 billion in payments. Employees who were strong-armed into lending are panicking no…

Netflix Launches Free Plan in Kenya To Boost Growth

Netflix said on Monday it is launching a free mobile plan in Kenya as the global streaming giant looks to tap the East African nation that is home to over 20 million internet users. From a report: The free plan, which will be rolled out to all users in…