Profits and Politics in China’s Tech Crackdown

Is Beijing punishing China’s internet-technology titans because they are too large and too powerful or because…

For Food Delivery, Covid-19 Was a Sugar High

After monster surges in use over the past 12 months because of the pandemic, food-delivery companies…

Twitter, Amazon, Exxon Mobil: What to Watch When the Stock Market Opens Today

Here’s what we’re watching before Friday’s trading gets underway. U.S. stock futures edged lower as investors…

Credit Suisse Investors Target Board Over Archegos, Greensill Failures

Top shareholders said they would vote against re-electing key Credit Suisse Group AG CS 4.40% board…

How to Add Gas to U.S.-China Climate Cooperation

Last week, Chinese President Xi Jinping committed to reducing his country’s coal consumption beginning in 2026.…

Americans Are Spending, Not Borrowing. That’s a Problem for Banks

The good news for banks is that consumers are flush with cash and less likely to…

Delta Should Keep Faith in Good Old Network Strategy

Delta Air Lines has stuck doggedly to the old network-carrier playbook even as the pandemic has…

Chinese Asset Manager Suffers Bond Selloff After Delaying Results

Debt from one of China’s biggest asset managers has plunged in value, sending tremors through the…

Sales Boom May Be More than Fleeting Flurry

The big question on the economy is no longer whether demand is going to boom in…

Citigroup Reports Higher Earnings, Plans to Trim Consumer Businesses in Asia

Citigroup Inc. on Thursday reported sharply higher first-quarter profit and said it is shutting down most…

Investors Can’t Afford the Zillow Dream

If you are waiting for Zillow Group to tell you when the real-estate market has peaked,…

BlackRock Profit Jumps on Broader Pandemic Recovery

BlackRock Inc.’s quarterly profit rose 49% as the giant asset manager benefited from surging markets and…

Coinbase, Dell, Moderna: What to Watch When the Stock Market Opens Today

Here’s what we’re watching as markets kick into gear on Thursday. U.S. stock futures rose ahead…

Bank of America Profit Doubles After It Releases Reserves for Bad Loans

Bank of America Corp. said Thursday that its profit doubled in the first three months of…

JPMorgan Unveils Goal to Support $2.5 Trillion in Climate-Friendly Investments

JPMorgan Chase & Co. is pledging to facilitate $2.5 trillion worth of climate-conscious transactions over the…