April 12, 2019

Alibaba founder defends overtime work culture as ‘huge blessing’

Alibaba Group founder and billionaire Jack Ma has defended the grueling overtime work culture at many of China’s tech companies, calling it a “huge blessing” for […]
April 12, 2019

PNC Financial first-quarter profit meets estimates

PNC Financial Services Group Inc’s first-quarter profit met analysts’ estimates on Friday, as a rise in expenses and provision for credit losses overshadowed growth in interest […]
April 12, 2019

JPMorgan profit tops estimates on higher interest income

JPMorgan Chase & Co reported a better-than-expected quarterly profit on Friday, as higher interest income and gains in the bank’s advisory and debt underwriting business offset […]
April 12, 2019

Chinese group to get control of Japan Display after $2.1 billion bailout

A Chinese-Taiwanese group will take control of Apple Inc supplier Japan Display after pumping in funds as part of a 232 billion yen ($2.1 billion) bailout […]
April 12, 2019

Fiat Chrysler CEO gives upbeat outlook for year

The head of Fiat Chrysler gave an upbeat outlook for the year after a tricky end to last year and a slow start to this one, […]
April 12, 2019

Japan court extends Carlos Ghosn’s detention until April 22

The Tokyo District Court said on Friday it had extended Carlos Ghosn’s detention period by eight days, giving prosecutors until April 22 to bring formal charges […]
April 12, 2019

Disney unveils price, launch date for big streaming push

Walt Disney Co priced its highly anticipated streaming video service below Netflix in an aggressive move to challenge the dominant streaming service and entice families to […]
April 12, 2019

U.S. Senator Warner eyes social media bills for hate speech, data portability

U.S. Senator Mark Warner, who co-sponsored legislation this week to ban deceptive practices by social media companies, said on Thursday he was eyeing additional bills aimed […]
April 12, 2019

Oil rises as supply constraints outweigh China slowdown fears

Oil prices rose on Friday as involuntary supply cuts from Venezuela, Libya and Iran supported perceptions of a tightening market, already underpinned by a production reduction […]
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