Coupang Sustains Profit Streak, Sees Logistics Investments Pay Off
Coupang Inc., the online retailer popular in South Korea for dawn and one-day delivery, posted its fourth straight
1970-01-01 08:00
Wall Street WhatsApp, Texting Fines Exceed $2.5 Billion
Wells Fargo & Co. and BNP Paribas SA are among firms that will pay hundreds of millions of
1970-01-01 08:00
Inflation Is Ebbing, But Prices Are High and Americans Feel It
For all the talk that US inflation is cooling, it sure doesn’t feel like anything is getting cheaper.
1970-01-01 08:00
Power-Plant Owners Blast Biden’s Emissions-Cutting Plan
The top lobbying group for US electric utilities is taking aim at the Biden administration’s plan for stifling
1970-01-01 08:00
SoftBank Vision Fund Swings to Profit on Global Tech Rebound
SoftBank Group Corp.’s Vision Fund eked out its first profit in more than a year, thanks to a
1970-01-01 08:00
China Deflation Threat Grows as Companies Cut Prices to Survive
When China abandoned pandemic restrictions after three years of stringent controls, Nie Xingquan was expecting booming sales for
1970-01-01 08:00
Adobe’s $20 Billion Figma Takeover Hit by In-Depth EU Probe
Adobe Inc.’s $20 billion takeover of Figma Inc. is set for an in-depth European Union investigation over concerns
1970-01-01 08:00
SoftBank May Turn Profit After $48 Billion in Vision Fund Losses
SoftBank Group Corp.’s Vision Fund is likely to return to profitability after five quarters of losses, thanks to
1970-01-01 08:00
Square Enix Drops After ‘Final Fantasy’ and Mobile Setback
Square Enix Holdings Co. shares suffered their worst intraday drop in almost three years, erasing a little over
1970-01-01 08:00
Chinese Maker of 1,000 Kilometer EV Battery Plans IPO by 2025
A Chinese maker of long-range electric vehicle batteries — including one capable of going 1,000 kilometers (620 miles)
1970-01-01 08:00
Rakuten’s Mikitani Spends a Fifth of His Time on Biotech Startup
Hiroshi Mikitani, whose Rakuten Group Inc. is losing billions of dollars to break into Japan’s wireless market, said
1970-01-01 08:00
Saudi Wealth Fund Takes $15.6 Billion Hit From SoftBank and Tech
Saudi Arabia’s sovereign wealth fund reported a $15.6 billion comprehensive loss for 2022 after the value of its
1970-01-01 08:00