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Insead suspends MBA welcome week after initiation complaints

Insead suspends MBA welcome week after initiation complaints

Two students at French business school complain about being tricked into humiliating acts

Published 1 second ago

WeWork China unit value jumps fivefold to $5bn after $500m round

WeWork China unit value jumps fivefold to $5bn after $500m round

Office space provider draws new backing from SoftBank, its Vision Fund and Temasek

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McDonald’s Revenue Falls as Company Sells Restaurants to Franchisees

McDonald’s Revenue Falls as Company Sells Restaurants to Franchisees

McDonald’s revenue fell as the fast-food giant sold company-owned stores to franchisees and operating income decreased as it restructured its operations.

Published 2 weeks ago

Comcast Earnings Rise on Broadband Growth

Comcast Earnings Rise on Broadband Growth

Comcast reported higher revenue and earnings for the second quarter, as growth in its broadband business helped mitigate the continued loss of cable-television subscribers.

Published 2 weeks ago

Europe Welcomes Trade Steps With U.S. but Many Questions Remain

Europe Welcomes Trade Steps With U.S. but Many Questions Remain

European officials hailed a deal with the U.S. to avert a trade war despite a lack of details that could derail the vague accord and upend efforts to resolve outstanding issues.

Published 2 weeks ago

Qualcomm Deal Collapse Forces NXP to Forge a New Path

Qualcomm Deal Collapse Forces NXP to Forge a New Path

Qualcomm’s decision to abandon the takeover of NXP produced a cash windfall for the Dutch chip maker, but left it scrambling to spell out what its future may hold.

Published 2 weeks ago

After Trump’s Threat to Iran, White House Convenes a Policy Meeting

After Trump’s Threat to Iran, White House Convenes a Policy Meeting

Four days after President Trump’s stern warning to Iran’s president, national security adviser John Bolton is scheduled to hold a meeting of Pentagon and other top officials on the administration’s emerging strategy on Iran.

Published 2 weeks ago

Former Cricket Star Imran Khan Claims Victory in Pakistan Election

Former Cricket Star Imran Khan Claims Victory in Pakistan Election

Former sports star Imran Khan claimed victory in a sharply disputed election in Pakistan, upending the political landscape in a fragile democracy that has struggled between long stretches of military rule.

Published 2 weeks ago

Shell Kicks Off Big Oil Earnings With Growth Spurt

Shell Kicks Off Big Oil Earnings With Growth Spurt

The world’s biggest oil firms are on a winning streak of rising profits and soaring cash flow. Shell nearly tripled its net profit in the second quarter from a year earlier.

Published 2 weeks ago

American Airlines Lowers Outlook on Rising Fuel Costs

American Airlines Lowers Outlook on Rising Fuel Costs

American Airlines lowered its 2018 profit outlook, pressured by runaway fuel costs and flight delays in one of its subsidiaries.

Published 2 weeks ago

Comcast Earnings Rise on Broadband Growth

Comcast Earnings Rise on Broadband Growth

Comcast reported higher revenue and earnings for the second quarter, as growth in its broadband business helped mitigate the continued loss of cable-television subscribers.

Published 2 weeks ago

Spotify Reports Increase in Subscribers Amid Promotions

Spotify Reports Increase in Subscribers Amid Promotions

Spotify’s subscriptions surged 40% thanks to promotions during the most recent quarter, though the company tempered the high end of its guidance for the year as it posted a wider loss.

Published 2 weeks ago

Facebook tumbles 20% after warning on sales growth

Facebook tumbles 20% after warning on sales growth

Fall wipes $120bn off the market cap of one of Wall Street’s biggest companies

Published 1 second ago

China’s suffocation of Qualcomm-NXP merger signals new era

China’s suffocation of Qualcomm-NXP merger signals new era

US company’s rebuff seen as collateral damage of trade tension

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