Alibaba’s shares skidded to a record low in New York on Wednesday after China’s biggest e-commerce company posted its slowest revenue growth in over three years. As well as missing revenue forecasts, Alibaba announced a $4 billion share repurchase program over two years, which it said was primarily aimed at offsetting the impact of the company’s share-based compensation programs and other factors that could dilute the share price. China’s economy
For six and a half years, the White House has had a quick comeback to questions about its yet-to-be-announced decision on the proposed Keystone XL pipeline: Talk to the State Department. Under a George …
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U.S. stocks traded lower after a surprising move overnight by the People’s Bank of China to depreciate the yuan by nearly 2 percent.
On Monday, Google surprised the market with a huge corporate restructuring announcement. But what exactly did the company do and why should investors care?
U.S. stocks traded lower after a surprising move overnight by the People’s Bank of China to depreciate the yuan by nearly 2 percent.
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.
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.
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 …
