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Chinese Shopping Splurges Are Set to Boost Alibaba’s Revenue

Chinese Shopping Splurges Are Set to Boost Alibaba’s Revenue

Chinese consumers can’t stop filling their closets with stuff they buy online—and that is powering e-commerce giant Alibaba Group Holding Ltd. On Thursday, Alibaba is likely to report that its quarterly revenue has risen roughly 50% from the year-earlier period.

Published 5 months ago

America’s City Buses Lose Momentum

America’s City Buses Lose Momentum

Bus transit is in a downward spiral, causing problems for low-income workers and others and possibly altering the shape of city life if the decline persists.

Published 5 months ago

Chinese President Urges Restraint on North Korea in Call With Trump

Chinese President Urges Restraint on North Korea in Call With Trump

The Chinese and American sides emphasized different takeaways from the call, which occurred just hours after the U.S. president said military resources were in place, “locked and loaded.”

Published 5 months ago

Retirement Rule Casualty: Brokers’ Mutual-Fund Offerings

Retirement Rule Casualty: Brokers’ Mutual-Fund Offerings

Brokerage firms and investment advisers are reviewing their mutual fund offerings in light of the landmark fiduciary rule.

Published 5 months ago

U.S. Lawsuit Over Arizona Farmworkers Shines Light on Visa Program

U.S. Lawsuit Over Arizona Farmworkers Shines Light on Visa Program

A farm on the outskirts of Phoenix is the target of a first-of-its-kind federal lawsuit that federal officials and immigration activists say exemplifies the pitfalls of the nation’s agricultural visa program—as Congress proposes changes to it.

Published 5 months ago

China Frees Head of Crown’s Global High-Roller Program

China Frees Head of Crown’s Global High-Roller Program

The release of Jason O’Connor, who was convicted of gambling-related crimes, caps a case that captivated a global casino industry fearful that business from lucrative Chinese VIPs would dry up.

Published 5 months ago

The Liberal Crackup

The Liberal Crackup

Liberals should reject the divisive, zero-sum politics of identity and find their way back to a unifying vision of the common good.

Published 5 months ago

Facebook Covertly Launches Mobile App in China

Facebook Covertly Launches Mobile App in China

Facebook launched a photo-sharing app called Colorful Balloons in China under the name of a different company, in a shift from the company’s public campaign to woo Beijing officials who have blocked the social network.

Published 5 months ago

Trump Won't Rule Out Military Option for Venezuela

Trump Won't Rule Out Military Option for Venezuela

Trump says he won't rule out a military option for Venezuela

Published 5 months ago

Why I Was Fired by Google

Why I Was Fired by Google

James Damore says his good-faith effort to discuss differences between men and women in tech couldn’t be tolerated in the company’s “ideological echo chamber.”

Published 5 months ago

Uber Investor Group Calls for Benchmark Capital to Leave Board, Divest Shares

Uber Investor Group Calls for Benchmark Capital to Leave Board, Divest Shares

A day after one of Uber Technologies’ biggest shareholders filed a lawsuit to force former Chief Executive Travis Kalanick off the board, a group of other Uber shareholders is pushing back, another sign of the discord at the ride-hailing giant.

Published 5 months ago

Rural America’s Childbirth Crisis: The Fight to Save Whitney Brown

Rural America’s Childbirth Crisis: The Fight to Save Whitney Brown

Women in sparsely populated places are more likely to die from pregnancy-related complications than those in large cities—a reversal from 2000. The phenomenon is just one example of how what once ailed big U.S. cities now afflict the nation’s rural areas.

Published 5 months ago

Wall Street Trader Chris Arnade Seeks Redemption for ‘Intellectual Grift’

Wall Street Trader Chris Arnade Seeks Redemption for ‘Intellectual Grift’

Chris Arnade walked away from Wall Street after 20 years to photograph and write about America’s disaffected poor. The 52-year-old says the new career is a conscious attempt to reconcile his multiple identities, and perhaps atone for his time in finance.

Published 5 months ago

New Orleans Scrambling to Fix Drainage System Following Heavy Rains

New Orleans Scrambling to Fix Drainage System Following Heavy Rains

New Orleans tested a damaged turbine to see if it could be brought back on line to help power the city’s troubled drainage system—even as more rains were expected throughout the weekend.

Published 5 months ago

When Cheaper P/E Ratios Mean Nothing

When Cheaper P/E Ratios Mean Nothing

The apparent bargains to be had in some popular ETFs are an illusion.

Published 5 months ago