Alibaba Shares Rise After Jack Ma Cedes Control of Ant Group
[ad_1] By Bingyan Wang Shares of Alibaba Group Holdings are higher following news that co-founder Jack Ma is ceding control of affiliate company Ant Group Co., potentially paving the way…
[ad_1] By Bingyan Wang Shares of Alibaba Group Holdings are higher following news that co-founder Jack Ma is ceding control of affiliate company Ant Group Co., potentially paving the way…
[ad_1] Machinery manufacturer Deere & Co. signed a memorandum of understanding with the American Farm Bureau Federation on Sunday that the group said ensures farmers can repair their own farm equipment or…
[ad_1] The Federal Reserve is likely to raise interest rates more than the markets now expect, says Ricardo Reis, an economist at the London School of Economics. “Markets are going…
[ad_1] New moms would rather have more flexible hours and remote-work options than a salary bump, according to a new survey. The survey of 402 women by Baby Center found…
[ad_1] Reports that globalization is dead are overstated, a top economist said. Conventional wisdom has it that globalization will suffer in the aftermath of the pandemic and Russia’s war in…
[ad_1] The U.S.-listed shares of XPeng Inc. plunged Friday to snap a five-day win streak, as price cuts by Tesla Inc. in China soured sentiment toward China-based electric vehicle makers.…
[ad_1] It’s a sad moment for many pasta lovers. Ronzoni, the popular U.S.-based pasta brand, has announced that it will no longer be producing its pastina variety. The miniature type…
[ad_1] It’s too early to know which sector will lead U.S. stocks higher in the next bull market. But it’s not too early to have confidence that what it won’t…
[ad_1] Top House Republican Kevin McCarthy succeeded early Saturday in his push to become his chamber’s next speaker, claiming the job after first falling short in well over a dozen…
[ad_1] The new year is bringing new momentum for Verizon Communications Inc.’s stock. The stock suffered its worst annual decline in 17 years during 2022, though it eked out gains…
[ad_1] AbbVie Inc. executives lowered their outlook for the quarter and year in a filing with the Securities and Exchange Commission late Friday, which cited research and development expenses and…
[ad_1] China, the world’s second-largest economy behind the U.S., is set to reopen in just a few days and one major Wall Street firm has boiled down the likely impact…
[ad_1] After worries in the retail world about a rise in theft, at least one company — Walgreens Boots Alliance Inc. — said it may have been overreacting. “ ‘Maybe…
[ad_1] Drama over who will be the next speaker of the U.S. House of Representatives entered a fourth day Friday, as California Republican Kevin McCarthy failed to win the gavel…
[ad_1] Pfizer PFE, +0.28% is the latest pandemic stock to face questions about its long-term strategy as revenue from its COVID-19 vaccine and antiviral business starts to dry up. Bank…
[ad_1] Southwest Airlines Co. warned Friday that it expects to report a surprise net loss for the fourth quarter, because of the costs associated with all the flights it canceled…
[ad_1] U.S. stock futures were soft on Friday as traders eyed a critical jobs report. How are stock futures trading S&P 500 futures ES00, +0.05% dipped 3 points, or 0.1%,…
[ad_1] By Joe Hoppe Shell PLC said Friday that it expects its fourth-quarter earnings to take a $2 billion hit from additional taxes in the European Union and the U.K.…
[ad_1] The housing market downturn didn’t spare the Big Apple. High mortgage rates and low demand from buyers depressed sales in New York City in 2022, according to a new…
[ad_1] Updated to reflect that more than half of Tesla’s production came from China in 2022. Tesla Inc. has slashed prices in China for the second time in three months,…
[ad_1] WASHINGTON — The estate of Capitol Police Officer Brian Sicknick, who died a day after defending the Capitol during the Jan. 6, 2021, attack, sued Donald Trump on Thursday alleging that…
[ad_1] SEOUL — Samsung Electronics Co. 005930, +0.34% said it expects its fourth-quarter profit to plunge as the firm’s mainstay memory-chip and smartphone businesses face a sharp pullback in demand, showing…
[ad_1] Hi, MarketWatchers. Don’t miss these top stories. ‘I can no longer be an executive at a high level’: Workers with disabilities, including long COVID, are finding their place as…
[ad_1] Qualcomm Inc. is looking to leapfrog Apple Inc. by offering emergency satellite phone service using Android smartphones, with specific product announcements expected by the middle of the year. At…
[ad_1] The numbers: Mortgage rates rose in the first week of 2023, as mortgage applications sank to multi-decade lows. The 30-year fixed-rate mortgage averaged 6.48% as of Jan. 5, according…