Anbang Was Seized by China. Now, It Has a Deal for You.

Supported by Business Day Anbang Was Seized by China. Now, It Has a Deal for You. Photo Anbang offices in Beijing. In recent years, investors have poured money into wealth management products offered by companies like Anbang that enabled the companies to go on buying binges around the world. Credit Jason Lee/Reuters BEIJING — Less than a month after it was seized by the Chinese government, Anbang Insurance Group, the giant conglomerate, is once again offering small investors “you snooze, you lose” investment opportunities — your money back, guaranteed.
Sold like stocks or bonds in bank branches around China, the products carry names like Anbang Abundant Stability No. 10, suggesting the investments are conservative. They are anything but.
In the past, Anbang has used the money it raised from those products to help pay for risky deals like the purchase of the Waldorf Astoria hotel in New York and other flashy properties around the world. The approach saddled the company with big deb..

The Last Great Clothing Store

The Last Great Clothing Store
Open since 1938, Boyds fights back against e-commerce and the rise of the Supreme hoodie, with extra-personal service and fancy new designer labels.

PHILADELPHIA — In the 1950s, ’60s and ’70s here, as in many big cities, there were dozens of independent men’s clothing stores selling tailored suits, sport coats, dress shirts and “furnishings” (socks, ties, pocket squares) to dapper professionals. Among these were the Arrow Store, Morevilles, Diamonds, Irving’s and Jacob Reed’s Sons. Today, professionals no longer need be dapper, and only one store from that period remains in business: Boyds. Like the Liberty Bell and the stone Rocky Steps, Boyds is a local landmark, and one equally impervious to the shifting seasons.
For 80 years, the family-owned business has outfitted lawyers, bankers, doctors, politicians and famous athletes, with all-American brands like Hickey-Freeman, groovy European labels like Pierre Cardin and Tiger of Sweden and lately high-end ..

Doctors: You’ve Detailed Your Last Wishes, but Doctors May Not See Them

Supported by Well | Live You’ve Detailed Your Last Wishes, but Doctors May Not See Them Photo Credit Stuart Bradford This is not how it was supposed to happen.
I was working overnight when my pager sounded, alerting me to an admission to the intensive care unit. I logged on to the computer and clicked on the patient’s chart, scanning the notes that tracked his decline. First there was a cancer diagnosis, too far gone for cure, then surgery, recurrence, surgery, and finally, a discharge home. The elderly man had been found there earlier that evening, pale, feverish and too confused to communicate.
Now he was in the emergency department, his breaths ragged. “There’s no family around. We’re probably going to have to intubate,” the emergency room doctor told me when I called him to learn more about the patient. I sighed, wondering what this man would have wanted, if only he could tell us.
I was surprised when, a few seconds after I hung up the phone, one of the doctors in training tap..

A Hitler-Era Abortion Law Haunts Merkel, and Germany

Supported by Europe A Hitler-Era Abortion Law Haunts Merkel, and Germany Photo A protest in Berlin last week in support of a Polish women’s national strike against the tightening of abortion law in Poland. Germany is wrestling with its own Nazi-era abortion restrictions. Credit Omer Messinger/EPA, via Shutterstock BERLIN — She was an obscure gynecologist in a central German town who never intended to stoke a debate that is driving a wedge into Chancellor Angela Merkel’s new government.
But faced with a fine under a Nazi-era law for publishing information about abortion on the website of her gynecological practice, Kristina Hänel said she had no choice but to publicize a prohibition that she calls “outdated and unnecessary.”
The law, paragraph 219a of the German criminal code, makes it a crime for doctors to publicly advertise in any way that they perform abortions, even though they are permitted in the first 12 weeks of pregnancy. For decades, the advertising ban was largely overl..

At Least 68 Dead as Fire Erupts Amid Riot at Venezuela Jail

At Least 68 Dead as Fire Erupts Amid Riot at Venezuela Jail Photo Anguished relatives of inmates outside a police station in Valencia, Venezuela, where a deadly fire broke out during a riot. Credit Carlos Garcia Rawlins/Reuters CARACAS, Venezuela — At least 68 people died when a fire erupted during a riot at a jail in the northern city of Valencia, the attorney general said late Wednesday.
The announcement hours came after crowds of anguished family members had gathered outside the facility, some weeping and others facing off with police officers in riot gear. Officials had released little information throughout the day.
Tarek Saab, the attorney general, said four prosecutors had been named to investigate the cause and circumstances. All but two of the victims were men, he said.
The facility, attached to a police station, had a capacity of about 60 detainees, workers at the scene said, although prison crowding has often resulted in Venezuelan detention facilities exceeding their capaci..