China confirms legal status of ride-hailing industry

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China confirms legal status of ride-hailing industry

FILE – In this Friday, May 13, 2016 file photo, a mobile device shows the Didi Chuxing ride-hailing app at a shopping mall in Beijing, China.
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Microsoft to Cut 2850 More Jobs in Exit From Phone Business

Microsoft Corp. is more that doubling an earlier job cut plan, part of Chief Executive Officer Satya Nadella's move to pare the company's smartphone
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Barclays Quarterly Profit Drops on Loss From Asset Disposals

That missed the 985 million-pound average estimate of six analysts compiled by Bloomberg. “Non-core rundown — the key to unlocking the full
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Amazon Posts Another Blockbuster Profit

Amazon.com Inc. AMZN 2.16 % on Thursday reported in its third consecutive record profit, nearly doubling its prior high-water mark, and its fifth straight quarter in the black.
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Sony Posts Surprise Profit as Games Outweigh Sagging Sensors

Sony Corp. posted a surprise quarterly profit as strength in its PlayStation division outweighed a slowdown in sales of image sensors.
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