U.S. Jobless Claims Fell Last Week
The number of Americans filing new claims for unemployment benefits fell last week, the latest sign employers are reluctant to dismiss workers in a...
U.S. Airlines Unbowed by Beijing's Demand to Call Taiwan Part of China
Most of the world’s airlines have bowed to Chinese demands to refer to Taiwan as part of China, but the three main U.S. international carriers and...
China's Costly Wars to Go Cashless
As more Chinese leave their wallets at home, Alibaba and Tencent are reaching deeper into theirs to fund an increasingly arms race to dominate...
China's Investors Pour Into Western Biotech Startups
Fledgling biotech and medical-technology startups in the U.S. and Europe have found a new source of cash to pay for costly research: China’s...
Rolls-Royce to Cut 4,600 Jobs
British aircraft-engine maker Rolls-Royce, facing investor pressure to boost competitiveness, said it would shed 4,600 jobs even as it grapples...
Chicago Picks Musk's Boring Co. for O'Hare Express Service
Elon Musk’s Boring Co. was picked to finance and build an express train from the downtown Loop neighborhood to Chicago’s O’Hare International Airport.
Retailer Rue21 Hires Chico's FAS Executive Laurie Van Brunt as CEO
R21 Holdings Inc. the operator of teen retail chain Rue21, has reshuffled its management team, hiring a trio of top executives, including retailing...
AT&T's Time Warner Prize---A Load of Hollywood Headaches
The telecom giant’s legal odyssey may soon seem like a breeze compared to delivering on the promise of the $80 billion deal. A major challenge will...
Apple Tests Feature That Could Hamper Access to iPhones
Apple is working on a new security feature that could make it harder for investigators to retrieve data from iPhones, the latest twist in its...
$65 Billion Comcast Bid for Fox Assets Sets Off Disney Fight
Comcast made an unsolicited offer to buy most of 21st Century Fox for roughly $65 billion, kicking off a bidding war with Walt Disney as the two...
WeWork in Talks With SoftBank to Double Valuation to as Much as $40 Billion
SoftBank Group Corp. is in discussions to invest another giant slug of capital in WeWork Cos., with a potential deal that would value the...
H&R Block to Close 400 Locations
H&R Block plans to close about 400 U.S. offices as the new tax law reduces the complexity of filing annual returns for millions of Americans and...