WeWork seen as startup lesson in what not to do in Silicon Valley
The implosion of office space company WeWork this week is being digested as a lesson for Silicon Valley startups – in what not to do....
Costco quarterly sales miss estimates amid rising competition
Costco Wholesale Corp on Thursday reported quarterly revenue below Wall Street estimates, as the U.S. hypermarket chain struggled to lure shoppers in a competitive grocery...
Short interest in WeWork bonds jumps to record high
Short bets against WeWork’s bonds jumped to a record high this week, suggesting investors believe the office-sharing startup may again seek to raise money in...
Your Money: U.S. tax reform further complicates federal student aid form
U.S. tax reform is finally catching up with the college financial aid process, and the synchronization is off to a rocky start....
Chasing Chinese consumers, Tiffany CEO sends top bling abroad
Tiffany & Co is sending more of its priciest jewelry to mainland China to reach consumers kept at home by a weak currency, Chief Executive...
Global stocks crawl up slightly as weak U.S. data spurs hopes of Fed rate cut
The latest weaker-than-expected U.S. economic data on Thursday fed hopes that the Federal Reserve would cut U.S. interest rates this month, which helped lift global...
U.S. stock funds post second straight weekly outflow
U.S. equity funds saw $7.9 billion in outflows in the last week, the second consecutive weekly drawdown, as bond and money market funds drew money,...
Fighting GM puts a financial squeeze on striking union workers
While striking workers at General Motors Co’s U.S. auto plants continue walking picket lines for a third week to demand better pay and benefits, the...
Oil ends little changed after touching near two-month lows
U.S. crude futures were slightly lower on Thursday, drawing some support from the stock market after earlier touching nearly two-month lows on weak economic data....
Brexit raises stakes for Britain in aircraft trade war
U.S. tariffs on European goods have plunged Britain into a trade war between the European Union and United States just as it plans to leave...