Pricier Than Apple? Xiaomi's Hot Again, and Investors Could Get Burned
Back in 2014, Chinese smartphone-maker Xiaomi became the most valuable startup in the world, but its star dimmed after missing sales targets. Now...
Getting the 'Oil' Out: Norway's Statoil Rebrands
Norway’s state-backed oil company Statoil is changing its name to Equinor, a move intended to show it is serious about a strategic shift to...
Unilever Picks Rotterdam Over London for Headquarters
Unilever has decided to consolidate its dual headquarters in Rotterdam over London, in an emotionally charged move that came despite last-minute...
Radio Giant iHeartMedia Files for Bankruptcy
The company behind the biggest U.S. radio broadcaster filed for chapter 11 after reaching an agreement in principle with investors over a...
Lyft, Magna in Deal to Develop Hardware, Software for Self-Driving Cars
Lyft Inc. agreed to develop hardware and software for self-driving vehicles with auto-parts supplier Magna International Inc., the latest in a...
Europe Tightens Screws on U.S. Tech
Europe is zeroing in on U.S. tech companies as tensions between Brussels and Washington escalate over trade.
Former Equifax Executive Charged With Insider Trading
Equifax Inc.’s massive consumer data breach was followed by an executive’s criminal breach of trust, authorities say.
Unilever Board Decides to Locate Headquarters in Rotterdam
The board of Anglo-Dutch consumer-goods giant Unilever PLC has decided to consolidate its dual headquarters in Rotterdam, according to a person...
Thousands of Investors Got Big Tax Breaks for Land-Rights Donations, IRS Finds
More than 15,000 investors have participated in certain tax deals involving charitable contributions of land rights, according to new IRS data that...
Toys 'R' Us Tells Workers It Will Likely Close All U.S. Stores
Toys ‘R’ Us Inc. told employees Wednesday the struggling big-box retailer will sell or close all its U.S. stores, a collapse that threatens up to...
Dog's Death on United Flight Sparks Calls for New Rules
The death of a dog on a United Continental Holdings flight this week is fanning a broader debate over the transport of animals in plane cabins.
Publishers Eye Facebook's Push for News Videos With Caution
Facebook is exploring paying publishers for news videos on its Watch platform, but news organizations question the company’s commitment.