The entry of long-haul, low-cost carriers like Norwegian Air to the trans-Atlantic market is upending a profitable patch for the likes of American, Delta and IAG-owned British Airways.
International trade flows grew at the slowest pace since the financial crisis in 2016, but there were signs of a modest pickup as the year drew to a close.
Both banks are struggling for growth; interest rates will only help a little.
Samsung Electronics, facing bribery allegations tied to a political-corruption scandal, said it will create a committee to review donations and be more open about when it gives money.
Stocks have soared but except for valuation there are few signs of a bubble. That doesn’t mean the market can’t fall.
J.C. Penney will shutter two distribution centers and 130 to 140 stores as the big-box retailer contends with falling foot traffic. The company also reported its first annual profit since 2010.
A software bug at Cloudflare that caused it to leak data has created a potential security headache for thousands of its corporate customers.
The spiral into bankruptcy of Sophia Amoruso’s Nasty Gal, an online retailer once popular with millennial shoppers and venture capitalists, shows how its swift growth led to stumbles.
Premium Friday’s goal is to improve productivity, reduce employee overwork and increase consumption. But will Japanese people take the bait?
General Motors is backing legislation in numerous states that tech companies say is designed to put them at a disadvantage in the nascent market for autonomous vehicles. GM denies the claim.