Alibaba, Tencent’s $66 Billion Party Starts to Fade
China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market
2023-08-09 08:48
Asian Stock Futures Inch Lower Before China CPI: Markets Wrap
Asian equity futures fell, suggesting a cautious open to trading around the region on Wednesday as investors await
2023-08-09 07:46
Amazon In Talks to Be Anchor Investor in Arm IPO, Reuters Says
Amazon.com Inc. is in talks to join other tech companies as an anchor investor in Arm Ltd.’s initial
2023-08-09 07:19
WeWork Tumbles After Raising ‘Substantial Doubt’ About Future
WeWork Inc. shares plummeted more than 25% in extended trading after saying there’s “substantial doubt” about its ability
2023-08-09 06:48
Wall Street WhatsApp, Texting Fines Exceed $2.5 Billion
Wells Fargo & Co. and BNP Paribas SA are among firms that will pay hundreds of millions of
2023-08-09 03:52
Ex-FTX Executive Salame Talking to Prosecutors About Plea Deal
Ryan Salame, the former co-chief executive of FTX Digital Markets, is in negotiations with federal prosecutors to plead
2023-08-09 03:22
Airbnb’s Lawsuit to Block NYC Short-Term Rental Law Is Dismissed
Airbnb Inc.’s challenge to a New York City municipal law requiring hosts to register for an operating license
2023-08-09 02:23
Power-Plant Owners Blast Biden’s Emissions-Cutting Plan
The top lobbying group for US electric utilities is taking aim at the Biden administration’s plan for stifling
2023-08-09 02:16
Vodacom Fiber Deal in Doubt After Regulator Advises Against
Vodacom Group Ltd.’s deal to buy a stake in Remgro Ltd.’s fiber businesses was plunged into jeopardy after
2023-08-09 01:23
US Small-Business Optimism Advances to Highest in Eight Months
US small-business sentiment rose in July to an eight-month high amid a broader upswing in optimism about the
2023-08-08 18:23
Citi’s Montagu Says US Stocks Can Rise as Positioning Risk Drops
The “orderly” pullback in US stocks last week has reduced the risk of a chaotic selloff and set
2023-08-08 15:47
Italy’s Windfall Profits Tax on Banks Spooks Markets
Italy’s right-wing government spooked markets with an unexpected tax on banks’ windfall profits, sending the country’s leading lenders
2023-08-08 15:45