Markets

Office-sharing startup WeWork on Thursday named Shyam Gidumal, a former Ernst & Young executive, as its new chief operating officer in the first major executive appointment under new head Sandeep Mathrani.

The number of Americans filing for unemployment benefits rose modestly last week, suggesting sustained labor market strength that could help to support the economy amid risks from the coronavirus and weak business investment.

SAN FRANCISCO: Silicon Valley on Wednesday (Feb 19) was mourning a pioneering computer scientist whose accomplishments included inventing the widely relied on "cut, copy and paste" command. Bronx-born Lawrence "Larry" Tesler died this week at age 74, according to Xerox, where he spent part of his ...

Microsoft Chief Executive Satya Nadella said the technology giant will invest US$1.1 billion in Mexico over the next five years, according to a promotional video released by the Mexican government on Thursday.

Office-sharing startup WeWork on Thursday named a former Ernst & Young executive, Shyam Gidumal, as its new chief operating officer, weeks after appointing real-estate veteran Sandeep Mathrani as its CEO.

L Brands Inc is selling a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at US$1.1 billion, as focuses on its core Bath & Body Works brand.

U.S. stock index futures fell on Thursday, a day after the S&P 500 and Nasdaq closed at record levels, as the number of coronavirus cases outside China increased.

Thomson Reuters Corp is close to naming former Nielsen Holdings Plc president Steve Hasker as its next chief executive, succeeding Jim Smith, according to people familiar with the matter.

U.S. energy firm Westinghouse is expected to sign a new agreement with state-run Nuclear Power Corporation of India for the supply of six nuclear reactors during U.S. President Donald Trump's visit next week, officials said, aiming to kickstart a long-running project.

Domino's Pizza Inc on Thursday reported U.S. same-store sales above analysts' estimates for the first time in over a year, as the pizza chain benefited from its focus on faster delivery and new promotions to lure diners.