TOKYO (Reuters) – SoftBank Group Corp said on Friday it was selling a further $1.1 billion of its shares in Alibaba Group Holding Ltd , bringing the total it has sold in the Chinese e-commerce company to $10 billion.
FAYETTEVILLE, Ark. (Reuters) – Wal-Mart Stores Inc executives touted the technology investments the world’s No. 1 retailer is making to boost online sales, during the annual shareholder meeting on Friday.
Google is trusting the same person that helped sell one of the Motorola businesses to now run Nest.
NEW YORK (Reuters) – U.S. prosecutors tacked on an additional criminal charge to their case against former drug executive Martin Shkreli on Friday, alleging that he tried to conceal from investors his control over unrestricted shares in Retrophin Inc ….
CHICAGO, June 3 (Reuters) – A coalition of U.S.
environmental groups said Arch Coal’s plan to emerge
from bankruptcy fails to describe how the coal producer would
finance its mine clean-up…
May’s weak jobs report may have sidelined some investors as they sort through what signals the economy is sending.
NEW YORK (Reuters) – Jeffrey Gundlach, chief executive of DoubleLine Capital, called the May employment report on Friday a “real body blow” and said it means an interest rate increase later this month is an “impossibility.”
WASHINGTON (Reuters) – Saudi Arabia’s powerful deputy crown prince is expected to visit Washington in mid-June for talks with top U.S. officials, possibly including President Barack Obama, amid growing friction between the longtime allies, three source…
Tom Schmutz, CEO of Flyht, tells CNBC’s “Power Lunch” how his company’s technology could replace the traditional black box on planes.
An Elon Musk tweet suggests Norway may have just given Tesla Motors a big win.
(Reuters) – Attorneys for Sumner Redstone and his daughter asked a court to reject Viacom Inc Chief Executive Philippe Dauman’s request to move up the trial over Dauman’s removal from the media mogul’s trust, according to court filings on Friday.
Before you scale your company align it with your core beliefs and business objectives. Now you’re prepared to correct missteps.
(Reuters) – Alphabet Inc unit Nest, which makes smart thermostats, said Chief Executive Tony Fadell would step down.
Handing your PR over to someone else can actually make getting press coverage less likely.
It’s all about the cash and cachet. Stephen Curry, Justin Bieber and Blac Chyna are the latest stars to keep up with the Kardashians in the keyboard invasion game.
Businesses that have thrived since back-in-the-day can teach you plenty about marketing now.
President of Uber’s ride-hailing rival Didi Chuxing, Jean Liu, told CNBC that there’s no competition for market share.
A handful of foundational business skills, mastered, see them through a steep learning curve in their new sector. Here’s what they are.
Storytelling has been the most powerful form of communication since “social media” meant campfires and market days.
NEW YORK (Reuters) – One year after the U.S. stock market topped out, indexes are again near their highs and that makes options traders nervous, so much so that bullish bets on U.S. equities now are bargain priced, even though the underlying stocks are…
The Google Brain team on Wednesday released a tune created by machine intelligence.
The composition is part of Project Magenta, which seeks to boost the capabilities of machine intelligence to create art and music. Among other things, the Magenta team is developing algorithms that enable artificial intelligence systems to learn how to create compelling art and music on their own.
Hong Kong’s location and economic freedoms makes it an ideal place spot to foster growth and penetrate the Chinese market.
NEW YORK (Reuters) – U.S. prosecutors have agreed to a rare settlement refund of $6 million to hedge fund Diamondback Capital Management LLC after a ruling by a 2014 federal appeals court made pursuing insider trading cases tougher, according to court …
FEDERAL Reserve policymakers have been busily cajoling markets to prepare for an interest-rate rise in the summer. But the news on June 3rd that the economy created a paltry 38,000 net new jobs in May might constitute the kind of unwelcome shock that Janet Yellen, the Fed’s chairman, says would require a change of plan. A rate-rise at the Fed’s next meeting, in June, now looks much too risky. July may also be too soon.
A little over two weeks ago markets put the chance of an interest-rate rise in June at one-in-twenty. But then the Fed released the minutes of its meeting in April, which struck an unexpectedly hawkish tone. The odds of a rise abruptly tightened to one-in-three. Several members of the Fed’s rate-setting committee said in speeches and interviews that rates should rise soon. In a question-and-answer session on May 27th Ms Yellen sent the same message, saying that an interest-rate rise in the coming months looked “appropriate”. The risk of turbulence in financial markets caused by the British referendum on whether to leave the European Union might have stayed the Fed’s hand in June. But a rate-rise by July looked…Continue reading
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