U.S. to Put Bans on TikTok and WeChat on Sunday
Downloads of the Chinese-owned video-sharing app and U.S. use of China's popular messaging-and-payment app face bans over national security and data privacy concerns.
Citadel Securities, Quantlab Loom Over Market-Manipulation Trial
Citadel Securities and Quantlab Financial are at the center of a criminal trial over market manipulation known as spoofing.
A Learning Curve for Pearson's New Boss
The incoming CEO of the education publisher will have to get to grips with rapid shifts in how schools and universities teach as Covid-19 forces them to do more teaching online.
Maersk Prepares Job Cuts as It Extends Reorganization
AP Moller-Maersk is undertaking a shake-up that could affect thousands of jobs as the Danish shipping giant moves to cut costs and simplify its business.
Auto Supplier Garrett Motion Nears Bankruptcy Sale to KPS
Garrett Motion is in talks to sell itself out of bankruptcy to a private-equity firm, part of the auto supplier's strategy to quell a commercial dispute over asbestos-injury payments with former parent Honeywell.
Consumers Take Retailers to Court Over Unused Gift Cards
Consumer law firms are working to help shoppers recoup the value of unused gift cards from bankrupt retail chains, hoping to revive court claims that might otherwise be deemed worthless.
The Incredible Shrinking GM: Mary Barra Bets That Smaller Is Better
The CEO streamlined a company that for decades reigned as the world's largest auto maker. Now, she is readying for the next big bet: electric cars.
European Luxury Companies Take $20 Bln Pandemic Hit
Famous brands lost billions in sales in the first half amid the initial coronavirus lockdowns and fear that disruption will continue into the second half.
Console Makers Now Have Bigger Game to Play
Microsoft and Sony have cooled their long-running price war over videogame consoles. But that is because a much bigger contest looms.
Volkswagen Global Sales Fall
German car maker Volkswagen said group sales declined 6.6% in August, with only China seeing a rise in new deliveries.
