Ghosn Got $20 Million From a Saudi Friend, Prosecutors Say
Tokyo prosecutors amended one of their indictments against Carlos Ghosn, alleging that he received $20 million from a Saudi Arabian businessman.
Uber, Lyft Get Creative, but Investors Aren't Blind to Losses
Uber, Lyft and other big startups have touted their new business models that disrupt old industries but lose historic amounts of money. To try to win over investors, they have also come up with unusual alternatives for measuring their performance. So far, investors aren't buying it.
Foxconn Profit Falls as iPhone Sales Flag
Foxconn Technology Group's profit fell nearly 18% in the first quarter after its biggest customer, Apple, reported an accelerated decline in sales of the iPhone.
Bayer Shares Fall After $2 Billion Roundup Verdict
Bayer shares resumed their monthslong fall after the company was hit by a more-than $2 billion jury award over its Roundup herbicide, marking a sharp escalation in the chemical and drug giant's legal woes.
Bankers Find New Reasons to Keep Lending to SoftBank
Bankers also say they are eager to lend because changes SoftBank's corporate structure mean banks and credit-rating firms can view it as an investment holding company rather than as a mobile-phone operator.
Ralph Lauren 4Q Profit Drops on Higher Tax Expense
The retailer's profit dropped to $31.6 million, or 39 cents a share, from with $41.3 million, or 50 cents a share, a year ago.
Whirlpool Makes the Case for Tariffs
The company's CEO also discusses keeping factories in the U.S., the importance of online reviews and internet-connected devices.
Nike's Strategy to Get a Lot More Personal With Its Customers
The company is also using its apps to create a different kind of shopping experience.
Walmart Expands Next-Day Delivery
Walmart will offer free next-day delivery to more U.S. homes, seeking to boost shipping speeds after rival Amazon.com said it plans to invest $800 million to expand one-day delivery.
In Latest Roundup Defeat for Bayer, Jury Awards Couple $2 Billion
Bayer faced a significant courtroom defeat from a lawsuit alleging Roundup weedkiller led to cancer, with a California jury awarding a couple $2.055 billion in damages.