Alibaba’s Spinoff Plans Fall to Earth

[ad_1] Alibaba’s shareholders finally got their first dividend. But that may not be enough to compensate for hiccups in its spinoff plan and slowing growth. The Chinese e-commerce giant on…

Tata Technologies Plans Over $300 Million India IPO

[ad_1] Nov. 15, 2023 10:11 pm ET Indian conglomerate Tata Group’s technology company will start testing investors’ appetite for its shares in a bid to raise up to 30.43 billion…

FDIC Pledges Update to Congress on Plans to Address ‘Horrendous Treatment’ of Employees at Agency

[ad_1] Updated Nov. 15, 2023 11:16 am ET Federal Deposit Insurance Corp. Chairman Martin Gruenberg faced a second consecutive day of lawmakers demanding to know his planned actions in response…

Martha de la Torre on Staying Customer-Focused

[ad_1] [background music] Frederick Royal III: Business resiliency is always a priority, but as you’ve certainly seen, every CEO has their own take on what that means. How can a…

Exxon Makes Lithium Play in Long-Term Bet on EV Demand

[ad_1] Exxon Mobil said Monday it is starting to drill for lithium in Arkansas and aims to become a major U.S. supplier for makers of electric-vehicle batteries by 2030.   The…

Dongfeng Motor Group Launches Brand of AI-Powered Cars

[ad_1] Dongfeng Motor Group has launched a brand of so-called smartcars, joining many companies in developing vehicles using artificial intelligence. The Chinese carmaker said in an exchange filing that the…

Microsoft’s Chris Young on Bringing AI to Main Street

[ad_1] Microsoft has spent most of this year touting the promise of artificial intelligence and how it can reshape society. The job for Chris Young, head of Microsoft’s corporate strategy,…

EQT Plans to Take Japan’s Benesse Private in Over $1 Billion Deal

[ad_1] Swedish investment company EQT plans to take Japanese education services provider Benesse Holdings private in a deal valued at more than $1 billion, by teaming up with the company’s…

Disney Wears Its New Look Well

[ad_1] Disney has come a long way in a year. That will likely make life a little harder for those trying to break into the Mouse House.  The entertainment giant’s…

RLAM eyes international growth after Brexit derailed plans

[ad_1] Royal London Asset Management, the funds division of the UK’s largest mutually owned pension and investment company, has its sights set on growing its international footprint, with plans to…