Candle Media Buys Stake in Media Company Co-Founded by Will Smith and Jada Pinkett Smith
Candle Media, a firm led by two former Walt Disney Co. executives, has agreed to buy a stake in Will...
investing
A Booming Startup Market Prompts an Investment Rush for Ever-Younger Companies
Blank Street has a simple business: It sells coffee—sometimes in carts, usually in small stores. It launched its first location...
U.S. Companies Are Thriving Despite the Pandemic—or Because of It
Nearly two years after the coronavirus pandemic brought much of the U.S. economy to a halt, public companies are recording...
3G Capital Diversifies Away From Food With Hunter Douglas Deal
3G Capital has agreed to buy a majority stake in Dutch window-coverings maker Hunter Douglas HDG 69.82% NV in a...
Google and Tech Rivals Tap Cash Reserves to Realize Cloud Ambitions
Google and its rivals are wielding a new weapon in the battle for cloud-computing market share: big-dollar investments in companies...
The Turkish lira swings wildly as Erdogan’s big gamble continues
Erdogan said the government would try to protect Turkish savers worried about the tumbling value of their nest eggs by...
KKR and BMG Buy Into ZZ Top’s Music
KKR & Co. Inc. and BMG are betting on ZZ Top. The investment firm and music company have acquired all...
The market may be ignoring risk of Omicron shutdowns
The Dow fell more than 530 points Friday, about 1.5%, as fears grew that the Fed could potentially cause an...
Inflation is bad enough. One country is making it even worse
You can quibble over the timing or the size of interest rate hikes, but just about every economist agrees that...
SenseTime’s stock market debut may be spoiled by US-China tensions
The Chinese artificial intelligence startup was supposed to price shares Friday in its initial public offering in Hong Kong, where...
Should retailers like Kohl’s and Macy’s break themselves up?
"The public market is not appreciating Kohl's in its current form," Engine Capital, an activist fund, said in a letter...
Demand for Oil, Gas to Remain Robust for Years, Energy Leaders Say
The leaders of the world’s largest oil companies said Monday that demand for the products they make will remain robust...
Didi’s delisting could spell the end for Chinese stocks on Wall Street
"Didi's repatriation to is a significantly worrying indicator for the larger US-Sino economic relationship," Brock Silvers, chief investment officer at...
U.S. Travel Hit Pandemic High Ahead of Thanksgiving Holiday
Flights have been packed but relatively painless during the week of Thanksgiving, the first major test since airlines took steps...
U.N. warns of ‘colossal’ collapse of Afghan banking system
In a three-page report on Afghanistan's banking and financial system seen by Reuters, the U.N. Development Programme (UNDP) said the...
Oil prices are finally falling. Thank China and Joe Biden
What's happening: West Texas Intermediate futures, the US benchmark for oil prices, and Brent futures, the global benchmark, are now...
Paytm crashes 27% after milestone IPO for India
But Paytm, which started trading in Mumbai on Thursday, spoiled the party: Its shares opened below the 2,150 rupees ($28.60)...
There is no fear on Wall Street. Only greed
It's no wonder then that the CNN Business Fear & Greed Index, which looks at seven gauges of market sentiment,...
Cryptocurrencies rally on Facebook’s ‘Meta’ rebrand
On Saturday, mana, a gaming cryptocurrency used to buy and sell virtual land, surged to a record high of $4.16,...
American Airlines’ Flight Cancellations Are Latest to Disrupt Travel
American Airlines Group Inc. scrubbed more than 1,900 flights over the weekend, the latest in a series of cancellations to...
