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China Tech Workers Wanted: Women Need Not Apply

China Tech Workers Wanted: Women Need Not Apply

Allegations of gender discrimination and sexual harassment have rocked Silicon Valley recently, but the torrent of news has barely registered as water-cooler talk in China’s tech industry, Li Yuan writes.

Published 4 months ago

Wal-Mart Sales Rise as Retailer Dodges Industry Malaise

Wal-Mart Sales Rise as Retailer Dodges Industry Malaise

Wal-Mart Stores Inc. said Thursday that sales rose in its latest quarter, showing that the world’s largest retailer continues to avoid the malaise that has hit some competitors.

Published 4 months ago

Global Trade Thrusts Louisiana’s Henry Hub Into Center of Natural Gas World

Global Trade Thrusts Louisiana’s Henry Hub Into Center of Natural Gas World

The Henry Hub in Louisiana has for years been a benchmark for U.S. contracts. Now it is helping to set prices from Mozambique to Japan, as a wave of U.S. natural gas being unlocked by shale drillers reaches Europe, South America and Asia.

Published 4 months ago

ZTE Chips Away at U.S. Smartphone Market

ZTE Chips Away at U.S. Smartphone Market

Chinese smartphone maker ZTE Corp. has nudged up its market share in the U.S., as its affordable devices and aggressive marketing chip away at the market’s leaders.

Published 4 months ago

How India’s Debt Could Kill Its Growth

How India’s Debt Could Kill Its Growth

India is taking a series of aggressive steps to reduce the mountain of bad debts weighing down its banks and threatening to derail the world’s fastest-growing large economy. A look at the crisis in six charts.

Published 4 months ago

Despite Growth, Many in Europe Still Lack Steady Jobs

Despite Growth, Many in Europe Still Lack Steady Jobs

In many corners of Europe, the 2007-09 recession cost millions their jobs and, since then, many have remained unemployed with little hope of finding new ones, despite an economic turnaround.

Published 4 months ago

China’s Anbang Hits a Wall in South Korea

China’s Anbang Hits a Wall in South Korea

China’s Anbang Insurance dove into South Korea, spending over $1 billion as it took control of two insurers, agreed to buy an asset-management company and picked up a bank stake. Now those deals are fraying.

Published 4 months ago

India Is Going Radio Gaga

India Is Going Radio Gaga

The South Asian nation is in the middle of a radio boom and media companies are rushing to get new stations and talent on the air while advertisers shift strategies to capture audiences and revenue.

Published 4 months ago

Facebook Shut Down Employee Chat Room Over Harassing Messages

Facebook Shut Down Employee Chat Room Over Harassing Messages

Facebook dismantled a popular anonymous discussion board for employees last year that had become a forum for conservative political debate that sometimes degenerated into racist or sexist comments.

Published 4 months ago

Wal-Mart Earnings: What to Watch

Wal-Mart Earnings: What to Watch

Wal-Mart Stores is scheduled to report its second-quarter financial results before the market opens on Thursday. Here is what you need to know.

Published 4 months ago

Elliott Moves to Block Berkshire’s Oncor Bid; Buffett Stands Pat

Elliott Moves to Block Berkshire’s Oncor Bid; Buffett Stands Pat

Elliott Management has purchased a slice of debt that would ensure the hedge fund’s ability to block Warren Buffett’s deal to buy power-transmission business Oncor, according to people familiar with the matter.

Published 4 months ago

Trump Will Seek Seoul’s Approval for Any Action on North Korea, President Moon Says

Trump Will Seek Seoul’s Approval for Any Action on North Korea, President Moon Says

South Korea’s leader said President Donald Trump had agreed to discuss options, including a U.S. military strike, with him before taking any action to rein in North Korea’s nuclear and missile programs.

Published 4 months ago

Trump’s Remarks Rattle His Staff, Threaten Agenda

Trump’s Remarks Rattle His Staff, Threaten Agenda

President Donald Trump’s comments faulting both sides in Saturday’s deadly white nationalist protest in Virginia rattled his staff and risk setting back his policy agenda in Congress, lawmakers and administration aides said.

Published 4 months ago

Fed Officials Split Over Timing of Next Rate Increase

Fed Officials Split Over Timing of Next Rate Increase

Fed officials meeting in July split over the timing of future rate increases as they struggled to understand why inflation has been so weak. But they agreed to soon begin the process of drawing down the central bank’s holdings, according to minutes of the July gathering.

Published 4 months ago

Trump’s Business Councils Disband After CEOs Defect

Trump’s Business Councils Disband After CEOs Defect

President Trump tweeted that he was ending two top business-advisory councils, a move that came amid CEO defections following his comments about violence in Charlottesville, Va.

Published 4 months ago