Uber board considers 3 investment offers to buy company’s shares

SAN FRANCISCO — Uber’s board has voted to move forward on proposals by two investment groups to buy shares in the ride-hailing service and is considering a third offer, with any final decision set to affect who gains the upper hand at the company. Over the...

Netflix signs ‘Grey’s Anatomy’ creator Shonda Rhimes in counterpunch to ABC and Disney

In a huge blow to ABC and Disney, the prolific television hitmaker Shonda Rhimes has signed an exclusive overall deal with Netflix, the streaming giant announced early Monday morning. Ms. Rhimes, the creator of shows like “Grey’s Anatomy,”...

Wage growth is needed to defeat Japan’s ‘deflation monster’, says investment expert

Japan’s economy grew better than expected in the second quarter, but a lack of wage growth in the economy and labor shortages are likely to cause problems, markets watchers tell CNBC. “Despite this very tight labor market there’s very little wage...