Uber’s financials are improving: it lost $708 million on $3.4 billion in revenue in Q1

Another Uber executive is leaving, even as the privately held company is narrowing its losses, as first reported by The Wall Street Journal. Uber reported a loss of $708 million in the first quarter, narrower than the $991 million reported the previous quarter, Uber...

Asia set for higher open despite softer lead from Wall Street; Caixin PMI in focus

Japanese stocks looked poised to open higher, with Nikkei futures edging higher by 0.18 percent in Chicago to trade at 19,685 and Osaka futures higher by 0.15 percenet at 19,680. Both were higher than the Nikkei 225’s close of 19,650.57 on Wednesday. Down Under,...

Trump Targets German Trade, and the South Grimaces

By ALAN BLINDER and RICHARD FAUSSET May 31, 2017 GREER, S.C. — No matter that this small Southern city sits squarely in the middle of Trump country: The president, with his criticism of German trade policy, was setting off alarm bells in the...