Global ride-hailing giant Uber has given up its costly battle for China’s riders, swapping its local operations there for a minority stake in the country’s homegrown champion, Didi Chuxing.
Tesla Motors on Monday said it had reached a deal to buy SolarCity, the next step in Elon Musk’s plan to combine his electric-car and solar-energy companies.
The latest batch of tech-industry earnings show how two trends—mobile and the cloud are delivering big profits for the companies that bet on them.
The downtrodden IPO market just can’t compete with buyers who are willing to pay big to take potential listings off the board.
The father of a Muslim U.S. Army captain killed in 2004 said he isn’t a proxy for Hillary Clinton’s campaign, but made it clear that he believes Donald Trump is an unacceptable choice for president. 1207
The rise of Islamic State has caught Europe’s prison systems flat-footed. Authorities are throwing militants in jail, but convicted terrorists sit atop the social pecking order in many prisons, using jail time to plot new attacks or groom petty criminals for jihad. 133
A crop of startups have launched online 401(k) plans with the aim of bringing automated investment services to small businesses, many of which offer high-cost 401(k)s or no retirement savings plans at all.
With his pledge to unveil a “bold” government spending package Tuesday, Japanese Prime Minister Shinzo Abe risks leaving investors underwhelmed for the second time in less than a week.
The Visa-PayPal pact sparked a selloff in PayPal shares that has put the fast-growing company on the defensive and underscored that in the battle between Silicon Valley and entrenched financial firms, the newer players may eventually ally with firms they once hoped to compete against.
J.P. Morgan’s retreat from a crucial settlement role in the $13 trillion U.S. Treasury market poses a fresh challenge for regulators seeking to bolster the market’s capacity to withstand shocks.
Global stock markets were mostly steady after closing out July with solid gains, as the prospect of easy monetary policy helped investors overlook recent weakness in economic data.
Verizon agreed to acquire mobile workforce-solutions company Fleetmatics in a cash deal valued at roughly $2.4 billion, widening Verizon’s fleet operations as it looks to diversify.
Dutch brewer Heineken saw strong growth in first-half profit and revenue, but warned it is experiencing a slowdown in Africa that could bite into its earnings for some time.
GlaxoSmithKline and Google-parent Alphabet have formed a joint venture to develop new bioelectronic medical treatments in which they could initially invest more than $700 million.
Big U.S. wireless carriers have reported second-quarter results that suggest prices have stabilized, and some are even talking about possible increases.
Senior Chicago police officials in recent days stripped three officers of their powers in the wake of a fatal shooting of an unarmed black man suspected of stealing a car and fleeing Thursday. 64
The play, which tells the next chapter in the saga of the famous wizard, had its official opening in London on Saturday.
“Jason Bourne” opened to an estimated $60 million in the U.S. and Canada this weekend, a solid start for the latest entry in the spy series from Universal Pictures.
Syrian rebels downed a Russian helicopter killing all crew members and officers on board, the Kremlin and a Syrian opposition news agency said Monday.
European governments are losing track of significant numbers of children who have entered the continent without their parents as refugees from war-torn areas in the Middle East and beyond.
The people of a bleak Andean town have seen jobs disappear as a smelter that once drove the local economy all but shut down. Peru’s new president wants it reopened—but residents know that doing so comes with a cost.
The Taliban attacked a base used by civilian contractors on the outskirts of Kabul with a truck bomb and a number of gunmen early Monday, security personnel said.
Frozen blender cocktails are getting the respect once reserved for their shaken and stirred counterparts. These recipes, all stone-cold stunners, plumb depths of the appeal.
Rumble Seat columnist Dan Neil joins Tanya Rivero to discuss whether the 2017 Porsche 718 Boxster will win over diehard Porsche fans. Photo: Porsche
In her next film, Florence Foster Jenkins, directed by Stephen Frears, Meryl Streep gives full-throated life to an eccentric socialite and self-styled diva—and her uproarious off-key singing.