Chinese umbrella-sharing startup loses most of its 300,000 umbrellas in three months

The sharing economy has made it easier for communities to peer exchange anything from a spare bedroom in your house to car rides and bicycles. But the model doesn’t work for everything, as one umbrella-sharing startup learned the hard way. Just under three...

Credit Suisse: Trump-Russia headlines leading to ‘legislative paralysis’ which will take down dollar

A slew of negative headlines about the Trump administration’s relationship with Russia could delay tax reform, hitting the U.S. dollar, Credit Suisse said Monday. “The prospect of legislative paralysis as a result of these controversies may weigh further...