Alibaba shares soar as market looks past the company's record $41 billion spending spree

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Alibaba shares soar as market looks past the company's record $41 billion spending spree

Alibaba shares soared after the company reported market-beating earnings in the three months ended December, with investors content with a record amount of spending by the company in the 2018 calendar year, hoping that it will spur future growth.
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There's No Stopping Thailand's Baht

Current-account surplus may have widened to $3.5 billion in December from $1.6 billion in November, according to a Bloomberg survey of economists
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Fed Signals End of Interest Rate Increases

WASHINGTON – In suspending its previous plans to continue raising rates this year, the Federal Reserve signaled that its march toward higher interest rates may be ending sooner than expected.
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Infographic: Apple's "other products" fail to offset weakness in iPhone sales

When Apple released its earnings report for the holiday quarter on Tuesday after market close, there were few real surprises. After all, the company had already warned shareholders that holiday sales hadn't been as good as previously expected.
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Recall of infant liquid ibuprofen sold at CVS, Walmart expands over safety worries

The recall of an infant pain reliever has been expanded over worries that the over-the-counter medication may contain dangerously high concentrations of the drug.
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