Browsing: News

BEIJING — China’s Ministry of Commerce said Thursday that restoring stability in U.S.-China trade relations is the best way to “de-risk” — a twist to a…

The CEO of Swedish-Swiss multinational robotics firm ABB said he has been “disappointed” by the state of the Chinese market, adding he expects conditions will prove…

China just made it easier for people to buy homes, in a move that could affect $3.5 trillion in mortgage loans as Beijing seeks to bail…

Consumer spending may not be out of the woods.Real spending is expected to come in 1.9% higher in the third quarter, helped in part by stadium…

(Click here to subscribe to the Delivering Alpha newsletter.)”It’s very difficult to buy a sports team and lose money,” Carlyle Co-Founder David Rubenstein recently said in an interview for a…

Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here.…

Lululemon raised its full-year guidance Thursday after reporting an 18% jump in both sales and profit for its fiscal second quarter, boosted by a 61% revenue…

Check out the companies making headlines after hours.MongoDB — Shares of the database software maker gained 5% in extended trading. MongoDB reported earnings of 93 cents…

The US Department of Energy said Thursday it plans to fuel the auto industry’s transition to electric vehicles with $12 billion in loans and grants. Hard…

Semiconductor firm Broadcom (AVGO) reported better-than-expected fiscal third-quarter results Thursday, even as the stock came under pressure due to a miss on cash flow and in-line…