Uber posts $1B quarterly loss as bookings growth slows
Uber Technologies said on Wednesday that growth in bookings for its ride-hailing and delivery services rose 6 percent in the latest quarter, the third quarter in a...
Amazon’s ‘HQ2’ is officially coming to New York and Virginia
Amazon announced Tuesday that it’s chosen Long Island City in Queens and Arlington, Virginia, as locations for its new headquarters — thanks to billions of dollars in...
The last-ditch effort to revive Sears
Memo to Sears: It’s time to throw in the towel. A group of Sears creditors is urging the 125-year-old bankrupt retailer to forget about saving a few...
Dems must deliver on economy or risk losing House majority
How will we know if the Democrats winning the House on Tuesday is truly a victory?Well, right now the US economy is doing very well, and unlike...
Iceland is opening up to investors as tourism booms
This island nation, known for its northern lights and geothermal dynamics, was also the scourge of banking during the 2008 financial crisis.
But that appears to be old...
Dan Loeb drops bid to replace entire Campbell Soup board
Billionaire Dan Loeb is backing off his bid to replace the entire board at Campbell Soup.
Instead, the activist investor’s hedge fund Third Point — which also recently...
Monster shares plunge as Coke plans energy-drink
Coca-Cola wants to make a Coke-branded energy drink — and the idea isn’t sitting well with Monster Beverage.Shares of Monster — whose biggest investor is Coke —...
What midterm election results mean for Wall Street, economy
Wall Street liked what happened in Tuesday’s elections, figuring that the Democrats who will now control the House can keep Donald Trump’s more destructive tendencies — on things like...
Janet Yellen is absolutely right about the federal deficit
Former Federal Reserve head Janet Yellen said last week that she’s worried about the Federal deficit. She says current government spending is unsustainable. And, Yellen said, she’d...
How to navigate NYC’s knock-off handbag market
Dear John: Two weeks ago I was on Canal Street and observed some dozen or more sellers of counterfeit goods with their wares spread out on the...