China’s shock 2 percent devaluation of the yuan on Tuesday pushed the dollar higher and raised the prospect of a new round of currency wars, just as Greece reached a new deal to contain its debt crisis.
Police raided the Hong Kong offices of taxi-hailing service Uber Inc on Tuesday and arrested five drivers for the “illegal use of vehicles for hire”, police said. A Hong Kong police senior inspector, Bruce Hung, said undercover police officers had used a mobile phone app to hail five cars, and after being driven to their destinations, arrested the drivers. Police also conducted a search of two offices in Hong Kong
A group of Ukrainian hackers worked with securities traders in the U.S. to make $30 million by breaking into the computers of companies that put out corporate press releases and trading on the information …
A group of Ukrainian hackers worked with securities traders in the U.S. to make $30 million by breaking into the computer systems of companies that publish news releases about publicly traded companies …
Toshiba Corp plans to book more than 100 billion yen ($802 million) in impairment charges for the last fiscal year in addition to marking down past results following an accounting investigation, the Nikkei business daily reported on Tuesday. The impairment charges include a more conservative estimate of Toshiba’s Westinghouse nuclear business and reflect weakness in its semiconductor and appliances units, the Nikkei said, without citing sources. It said the financial
U.S. non farm productivity rebounded in the second quarter, but a weak underlying trend suggested inflation could pick up more quickly than economists have anticipated. Productivity increased at a 1.3 …
U.S. non farm productivity rebounded in the second quarter, but a weak underlying trend suggested inflation could pick up more quickly than economists have anticipated. Productivity increased at a 1.3 …
NEW YORK (AP) — A former intern has sued Mary-Kate and Ashley Olsen’s licensing and manufacturing company, saying she worked 50 hours a week but wasn’t paid.
Analysts and investors have long sought more granular detail on Google’s capital spending and cash flow, as well the financial performance of YouTube and the Android operating system. Google said on Monday it would split into two reporting companies under a new holding company called Alphabet. Google shares were up 5.7 percent at $701 in premarket trading as investors looked forward to a new era of transparency.
GLENDALE, Calif. (AP) — If it weren’t for someone willing to entertain a new idea, the new “Star Wars” droid, BB-8, wouldn’t be rolling into living rooms this holiday season.