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The state of venture capital in 2016: 'No longer growth at all costs'

Venture funding of startup companies has surged during the last seven years and is now back to pre-recession levels. Yet with the public markets in turmoil and $1 billion "unicorn" companies holding...

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Unpaid and angry, some Chinese workers ditch holidays to protest

By Natalie Thomas and James PomfretQIAN'AN/DONGGUAN, China (Reuters) - This year, laborer Fan Fu and 20 or so colleagues working on the Zixia Garden apartment complex in Hebei province have not joined...

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U.S. House approves limits on investigating banks for fraud ties

WASHINGTON (Reuters) - The U.S. House of Representatives passed legislation on Thursday that would curb a Justice Department initiative aimed at cutting off perpetrators of fraud from the banking...

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Chinese clubs are spending exorbitant amounts to buy the best soccer players...

Chinese soccer clubs have gone on a buying spree, bidding for and signing some of the best players in the world for exorbitant amounts. In late January, British Premier League club Chelsea sold...

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Foxconn offers to invest around $5.6 billion in Sharp: sources

TAIPEI (Reuters) - Taiwan's Foxconn has offered to invest around 659 billion yen ($5.6 billion) in struggling Japanese electronics maker Sharp Corp, two sources with knowledge of the matter said.Sharp...

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Dollar nurses losses as payrolls report looms

By Lisa TwaroniteTOKYO (Reuters) - The dollar steadied in Asian trading on Friday but remained on track for weekly losses, as investors braced for U.S. employment figures later in the session for the...

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Asia edges up on Wall Street gains, dollar wobbles before U.S. jobs data

By Shinichi SaoshiroTOKYO (Reuters) - Asian equities edged up on Friday, taking early inspiration from an overnight rise on Wall Street, while the dollar wobbled ahead of the closely watched U.S. jobs...

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U.S. crude prices steady in thin Asian trading ahead of Lunar New Year

By Henning GloysteinSINGAPORE (Reuters) - U.S. crude oil futures were steady in lackluster early Asian trading on Friday as liquidity faded ahead of the Lunar New Year holiday across large parts of the...

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The future of the bank branch is in trouble — here's why

Millennials are increasingly turning to digital banking channels to perform their banking activities, and they're visiting their banks' branches less often than ever before. The behaviors and...

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A Ferrari that split in half in a high-speed crash has been completely...

In 2006, a rare $650,000 Ferrari Enzo split in half in a devastating wreck along Pacific Coast Highway in Malibu, California. Local and national news media were all over the story.News helicopters...

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'Enough is enough': Hillary Clinton tells Bernie Sanders to stop smearing her...

During the Thursday-night Democratic presidential debate, former US Secretary of State Hillary Clinton confronted her chief primary rival over his constant criticism of her ties to Wall Street.US Sen....

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Exclusive: State Street nears deal for GE's asset management arm - sources

By Mike Stone(Reuters) - State Street Corp is nearing a deal to acquire General Electric Co's $115 billion asset management business, according to people familiar with the matter, as the U.S....

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U.S. job growth likely slowed in January

By Lucia MutikaniWASHINGTON (Reuters) - U.S. employment gains likely slowed in January as the boost to hiring from unseasonably mild weather faded, but an expected rebound in wages and a steady jobless...

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Honda to recall more cars in Japan due to Takata airbag issue

TOKYO (Reuters) - Honda Motor Co <7267.T> on Friday said it was recalling about 443,000 vehicles including its Fit compact cars in Japan over potentially faulty air bags manufactured by Takata...

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U.S. banks targeted by activist investors on merger wave hopes

By Michael Flaherty and Mike Stone(Reuters) - Activist investors are putting the U.S. banking sector in their crosshairs, betting that headwinds whipping through the industry will accelerate...

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ArcelorMittal plans $3 billion capital increase

BRUSSELS (Reuters) - ArcelorMittal , the world's largest steelmaker, said on Friday it planned to raise $3 billion in fresh capital in a bid to reduce debt in the face of weak steel and mining...

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The 10 most important things in the world right now

Good morning! Here's what you need to know on Friday.1. Support for Britain leaving the European Union has gained support since David Cameron published his draft EU deal. In the latest YouGov poll,...

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10 things you need to know in markets today

Good morning! Here's what you need to know in markets on Friday.Rival toymakers Hasbro and Mattel have had talks about merging, Bloomberg reports. Hasbro, which makes Furby and My Little Pony,...

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Volvo braces for U.S. slowdown as fourth-quarter profit just lags

STOCKHOLM (Reuters) - Global truck maker Volvo forecast a steeper slowdown in the North American heavy-duty truck market this year and said it would cut production there after posting a slightly...

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Tesla is getting crushed — again (tsla)

Tesla shares are down 9%, to $160, as we head into the end of the trading session on Friday.That's the lowest point the stock has hit in a year.The electric-car maker reports fourth-quarter and...

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