SoftBank Is Said to Offer to Buy Uber Shares at a Steep Discount

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SoftBank Is Said to Offer to Buy Uber Shares at a Steep Discount

SAN FRANCISCO – SoftBank formally started its process for buying a significant stake in Uber with an offer to purchase some shares at a valuation of $48 billion, far below the nearly $70 billion valuation that the ride-hailing company garnered in its …
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Fed chair nominee Powell pledges 'decisive' response to any economic crisis

WASHINGTON (Reuters) – Jerome Powell, the nominee to chair the Federal Reserve, defended the Fed's use of broad crisis-fighting powers in remarks prepared for his Tuesday Senate confirmation hearing, positioning himself as an extension of the central
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How China's Going to Try to Control Its Massive Housing Bubble

China's efforts to cool the property market may lead to the first decline in home sales since 2014 next year, highlighting the risks as officials try to battle
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Senior Chinese Military Officer Commits Suicide, Xinhua Reports

A member of China's top military decision-making body committed suicide in his home in Beijing last week after authorities started an investigation of
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Corcoran demands accounting on Nathan Benderson Park

Florida House Speaker Richard Corcoran, shown in this June 9, 2017, file photo, has demanded a series of documents and accounting of the $15
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