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Market News

March 15, 2021
Robo Adviser Backed by Alibaba Seeks to Tame China Day Traders
Kelvin Lei and Don Huang spent several months huddled in a corner of a Hong Kong university library, but they weren’t cramming for any exam. Back...
March 15, 2021
PayPal Sees No Letup for Online Shopping Even With Reopenings
PayPal Holdings Inc. said there’s been no slowdown in online shopping even as cities around the world begin to reopen.
March 15, 2021
EU Executive to Lay Out Plan for Managed Reopening of Economies
The European Union will start plotting its strategy to gradually lift coronavirus lockdowns, even as an AstraZeneca Plc. vaccine health scare risks...
March 15, 2021
N.Y. Hospitals’ Covid Burden Lingers Even as More Patients Live
The number of Covid-19 patients per capita in New York hospitals is among the nation’s highest and declining more slowly than after the first wave...
March 15, 2021
Goldman Pandemic Loans Spur Scrutiny From Senate's Brown, Warren
The Senate Banking Committee is questioning whether Goldman Sachs Group Inc. paid dividends at the expense of lending to businesses and households...
March 15, 2021
Zara Supplier Service Footwear Plans $10 Million IPO in Pakistan
Service Global Footwear Ltd., Pakistan’s largest shoe exporter, is planning an initial public offering in the domestic market to raise funds to...
March 15, 2021
China Tycoon Who Lost $32 Billion Tries to Salvage His Empire
Wang Jianlin used to be Asia’s richest person, busy expanding his Dalian Wanda Group Co. by acquiring trophy assets overseas, all aided by easy...
March 15, 2021
Netflix’s Password Crackdown Seen Boosting Risk of User Turnover
Netflix Inc. may find out soon just how many of its viewers will agree to pay to use its services.
March 15, 2021
Summers Protege Natasha Sarin Joining Treasury in Economic Policy Role
Natasha Sarin, a professor at the University of Pennsylvania, will take a leave of absence from its law school to join the U.S. Treasury Department...
March 15, 2021
Andrew Yang Raises $2.1 Million in Direct Donations for NYC Mayoral Run
Andrew Yang has raised more than $2.1 million in direct contributions in two months for his New York City mayoral race, an amount expected to grow to...