China is tightening control over the loosely regulated world of Chinese e-commerce, a sector that has created behemoths such as Alibaba but has also drawn criticism for not adequately policing fake goods.
McDonald’s plans to raise pay by more than 10% for 90,000 workers and add benefits like paid vacation at U.S. restaurants it operates, offering fresh evidence of rising wage pressure in the American labor market.
After its brush with extinction, Newsweek is profitable again, and on Thursday it will relaunch a print edition in Asia, making it available around the world after limited returns to print in Europe and the U.S. last year.
Line Corp., the Japanese operator of a popular smartphone messaging application, has refiled for a possible initial public offering on the Tokyo Stock Exchange, but has no immediate plans for a listing.
Just over a year after former Barclays CEO Bob Diamond founded Atlas Mara to build an African banking empire, problems are cropping up. Some investors have questioned lavish executive pay and the vehicle’s share price has tanked.
Arkansas Gov. Asa Hutchinson demanded changes to “religious freedom” legislation, the latest turn in a cultural clash over whether such laws protect people of faith or open the door to discrimination against gays and lesbians.