China is winning the race against the United States to build a faster nationwide wireless network that uses 5G technology, billed as the mobile industry's future.
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Sixty-two-year-old PepsiCo CEO Indra Nooyi just announced that she intends to step down in October, passing the top job to the company's president Ramon Laguarta.
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Most Asian markets rose Tuesday, with benchmarks in mainland China rebounding more than 1%, while Hong Kong's Hang Seng advanced 0.8%.
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General Motors Co. GM -0.34% has struck a deal with a Detroit-based hospital system to offer a new coverage option to employees, upending the traditional benefits setup in an attempt to lower costs and improve care.
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SeaWorld Entertainment Inc. shares surged 18% Monday, putting them on track for a four-year high, after the theme park operator posted better-than-expected earnings for the second quarter and said attendance is rising again.
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