Op-Ed: Big tech’s spending spree shouldn’t worry investors … yet

Tech earnings dominated the agenda last week and one theme ran through the major reports: the rising spending from the giants. Google parent Alphabet reported traffic acquisition costs (TAC), a key metric that relates to how much the company pays to draw people to its...

Under scrutiny, Anbang denies regulators told it to sell overseas assets

Anbang Insurance Group, whose chairman was detained in June, on Tuesday denied a report that it had been told by regulators in China to sell its overseas assets. Bloomberg reported on Monday that Anbang, best-known overseas for the record-breaking purchase of the...