Hotel operator Hyatt takes a stake in a company that books short-term stays at high-end homes in London, New York, Paris and Los Angeles, a business that challenges traditional lodging companies.
BlackBerry CEO John Chen’s compensation dropped significantly in fiscal 2015, largely because he didn’t benefit from a grant of restricted shares that he had received in the prior year.
Uber Technologies is seeking a $1 billion credit line from banks, people familiar with the matter said.
A Helsinki-based studio released the puzzle game “Oddwings Escape” in 15 languages simultaneously, boosting its sales.
Li Hejun, once considered China’s richest man based on his stake in a solar company, made a lot of money as local stock markets boomed. On Wednesday, he lost a big part of his fortune.
Hewlett-Packard Co.’s upcoming breakup into two separate companies will cost billions—but there will be $1 billion in cost savings too, the company said Thursday.
Salesforce.com showed it could continue to post heady growth even as it graduated from Internet upstart to old-guard stalwart, with revenue up 23% year-on-year in its fiscal first quarter.
ConAgra’s agreement to plead guilty to a federal misdemeanor charge stemming from a 2006-2007 salmonella outbreak spotlights how stepped-up enforcement of food-safety laws is shaking up the industry.
Lenovo’s net profit for the quarter through March fell 36.7% from a year earlier.
Music-streaming service Spotify is entering the hotly competitive Web-video business, announcing Wednesday that it has added streaming video and podcasts to its offerings.
Five global banks have agreed to pay more than $5 billion in combined penalties and will plead guilty to criminal charges to resolve a long running U.S. investigation into whether traders at the banks colluded to move foreign currency rates to benefit their own positions.
Company-issued smartphones have obliterated the line between the workday and off hours. For employers and workers, 8 p.m. emails from the boss aren’t just disrupting home life-they’re raising legal questions, too. Lauren Weber joins the News Hub. Photo: iStock/Minerva Studio
Flipkart raised $550 million from existing investors in a deal that raises its valuation to about $15 billion.
The university made the unprecedented lump-sum payment to former president Richard C. Levin, highlighting the increasingly lucrative compensation packages for the heads of top colleges.
American households across the wealth spectrum increasingly face sharp swings in monthly income and spending, says a J.P. Morgan study that underscores the unpredictability of the U.S. labor market.