Markets

Home rentals giant Airbnb Inc swung to a loss for the first nine months of last year as costs climbed sharply, The Wall Street Journal reported https://www.wsj.com/articles/airbnb-swings-to-a-loss-as-costs-climb-ahead-of-ipo-11581443123?mod=searchresults&page=1&pos=1 on Tuesday, citing people close ...

Wells Fargo & Co is overhauling its reporting lines, marking Chief Executive Officer Charles Scharf's first move to stamp out the structure implicated in its fake-account scandal, The Wall Street Journal reported on Tuesday.

PayPal Holdings Inc is teaming up with criminologists and experts at several universities to probe the payment systems used in the trafficking of illegal firearms in the United States, the company said on Tuesday.

LONDON: European stocks advanced on Tuesday (Feb 11) on easing investor concerns over the economic impact of China's coronavirus outbreak. Investors also heard cautious comments on the fallout by US Federal Reserve Chairman Jerome Powell in testimony to Congress. The Fed is "closely monitoring ...

Lawmakers from German Chancellor Angela Merkel's ruling conservatives have backed a position paper on 5G mobile networks that recommends tougher rules on foreign vendors while stopping short of banning China's Huawei, sources said.

Bitcoin jumped on Tuesday to its highest in nearly five months, extending a rally that has seen the price of the cryptocurrency gain by almost half this year.

Consumers love streamed TV and film and want content providers to keep it coming, a new survey from U.S. data and measurement firm Nielsen suggests.

German automakers Volkswagen and Daimler have launched a study to push for more "sustainable" lithium mining in Chile, according to lobbyist filings reviewed by Reuters, a sign of growing supply chain concerns ahead of an expected electric vehicle boom.

Aerolineas Argentinas will add new flights to New York and Madrid as the government-controlled carrier seeks to ramp up sales outside its home country and boost income in an effort to beat back persistent operating losses.

A driver killed in a March 2018 Tesla autopilot crash in California reported previously that the vehicle steered toward an area off the highway on prior trips, the National Transportation Safety Board (NTSB) disclosed in documents made public Tuesday.