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Updated: 4 hours 23 min ago
4 hours 24 min ago
A House committee advanced legislation to address Puerto Rico’s debt crisis with solid bipartisan support, a strong sign the bill could now advance quickly through Congress ahead of a potential default by the territory on July 1.
4 hours 42 min ago
Alibaba disclosed the U.S. Securities and Exchange Commission is investigating its accounting practices.
4 hours 45 min ago
Indian Prime Minister Narendra Modi took on critics who accuse him of failing to pursue “big bang” measures to revamp his economy, saying he has set a path for accelerated growth that India’s states now need to help navigate.
4 hours 48 min ago
As countries like Greece and Puerto Rico grapple with heavy debts and struggling economies, there is a growing acceptance that restructuring of sovereign debt needs to be part of the solution, writes Greg Ip.
5 hours 2 min ago
The beautiful world of British modeling agencies may have been up to some anticompetitive ugliness, the U.K.’s antitrust authority alleged Wednesday.
5 hours 14 min ago
While Bayer AG is considering how to respond to Monsanto Co.’s rejection of its $62 billion takeover bid, investors and analysts are questioning whether the German pharmaceutical and chemicals giant can up its offer.
5 hours 33 min ago
A senior International Monetary Fund official said it can’t help Europe with fresh emergency financing for Greece because Athens’s creditors haven’t yet committed to detailed debt relief.
5 hours 43 min ago
China Circuit columnist Li Yuan writes that Chinese entrepreneurs and investors fear that the government is now less open to startups going public domestically than it was a year ago.
5 hours 44 min ago
Madison Square Garden and Las Vegas Sands plan to open a 400,000-square-foot, 17,500-seat concert venue on the Las Vegas Strip.
6 hours 6 min ago
Most Americans reported their household finances mildly improved last year, but nearly half said they would struggle to cover a $400 expense in an emergency, according to a Federal Reserve survey.
6 hours 13 min ago
Gawker Media says it hopes a Florida court will reduce a jury verdict against it in light of recent reports that claimed billionaire investor Peter Thiel provided the financial muscle behind Hulk Hogan’s invasion-of-privacy lawsuit.
10 hours 44 min ago
Tiffany said its sales fell more than Wall Street had anticipated in the latest quarter and warned that earnings for the current period would be worse than it previously feared.
11 hours 32 sec ago
The European Unionproposed legal changes that could force Netflix and other online-video providers to help finance European-made films.
11 hours 1 min ago
Investment represents one of the first big commitments by a large oil company to spend on new crude production following a two-year-long slump in oil prices.
11 hours 9 min ago
Microsoft will lay off 1,850 workers and take an impairment and restructuring charge of approximately $950 million as it takes further step in dismantling the mobile-phone operations it acquired from Nokia.
11 hours 40 min ago
Mitsubishi Motors posted a $174 million special loss and warned that related costs could balloon further as it grapples with the fallout from a fuel economy testing scandal that has led to the resignation of its president.
11 hours 58 min ago
China’s Huawei has filed a lawsuit in the U.S. alleging that Samsung infringed a number of patents covering mobile devices and cellular-communications technology.
12 hours 4 min ago
Shell plans at least another 2,200 job cuts this year in the face of low oil prices while integrating its recent acquisition of BG Group.
14 hours 58 min ago
Toyota said it had invested in Uber Technologies as part of a strategic alliance aimed at getting more drivers on the ride-hailing service.
Tue, 05/24/2016 - 20:04
Trade between Islamic State, the Assad regime and others continues despite Syria’s war, leaving it to truck drivers to crisscross front lines delivering food, oil and appliances.
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