Startups are relying more heavily on savings and credit cards and less on two once-common sources of funding, bank loans and home equity, according to an analysis of government data.
The South Korean bankruptcy court handling the insolvency proceedings of Hanjin Shipping said a sale of the troubled company is possible and a decision would be made soon.
Federal Reserve Chairwoman Janet Yellen faced intense questioning from a Republican lawmaker over Fed governor Lael Brainard’s contributions to Hillary Clinton’s presidential campaign.
Wednesday’s jolt in oil prices seems like an overreaction to news out of OPEC.
Costco shares should continue to suffer under the weight of competition from Amazon.com and others.
HP Inc. apologized for how it handled a recent move that stopped ink cartridges supplied by other vendors from working with some HP printers.
BlackBerry Ltd. said it would outsource the making of handsets and instead focus on developing secure software and services.
BlackBerry’s exit from handsets puts all hope on software, where competition is fierce.
A deal would give Flipkart a powerful partner in its battle against Amazon to become the dominant online retailer in India.
Soup and sandwich chain Cosi Inc. has filed for chapter 11 protection, with plans of selling itself to lenders.