Female entrepreneurs have long known how hard it is to raise money from a roomful of men. “I would walk into these rooms of late-40s, early-50s dudes — potential investors — and they would just look at me blankly, like, ‘I do not get it,’” said Rachel Drori, the founder of Daily Harvest, a delivery […]

TOKYO (Reuters) – Weak demand in China and growing global fallout from the Sino-U.S. trade war took a heavier toll on factories across much of Asia in February, business surveys showed on Friday. Activity in China’s vast manufacturing sector contracted for the third straight month, pointing to more strains on its major trading partners and […]

WASHINGTON (Reuters) – Kia Motors Corp and affiliate Hyundai Motor Co said on Thursday they are recalling around 534,000 additional U.S. vehicles at risk of engine fires. Kia said it is recalling 378,000 2012-2016 Kia Soul vehicles over engine damage and fire risks, while Hyundai and Kia are recalling 155,000 2011-2013 Tucson vehicles and 2011-2012 […]

(Reuters) – Venezuela’s oil exports sank 40 percent in the first full month after the beginning of U.S. sanctions designed to oust Socialist President Nicolas Maduro, according to data from state-run oil firm PDVSA and Refinitiv Eikon. On Jan. 28, President Donald Trump’s administration barred U.S. customers from paying for Venezuelan oil until a new […]

NEW YORK (Reuters) – Wall Street’s main indexes went nowhere fast on Thursday with better-than-feared GDP data providing some support to counter the abrupt end to a U.S.-North Korean summit and ongoing concerns about earnings and U.S.-China trade relations. President Donald Trump said Thursday that he had walked out of his Vietnam summit with Kim […]

WASHINGTON (Reuters) – The U.S. economy fell short of the Trump administration’s 3 percent annual growth target in 2018 despite $1.5 trillion in tax cuts and a government spending blitz, and economists say growth will only slow from here. A better-than-expected performance in the fourth quarter pushed gross domestic product up 2.9 percent for the […]

(Reuters) – U.S. stocks slipped on Thursday as a U.S.-North Korea summit ended abruptly without an agreement, with a clutch of weak earnings adding to the downbeat sentiment. President Donald Trump said he had walked away from a nuclear deal at his summit with Kim Jong Un in Vietnam because of unacceptable demands from the […]

(Reuters) – PG&E Corp, which filed for bankruptcy last month because of potential liabilities from wildfires in California, said it is probable that its equipment will be determined to be an “ignition point” of the 2018 Camp Fire. PG&E faces billions of dollars of potential liabilities related to the wildfires if an investigation determines its […]

(Reuters) – Activist investor Starboard Value LP will vote against Bristol-Myers Squibb Co’s $74 billion acquisition of Celgene Corp, the hedge fund said on Thursday, the latest shareholder to come out against what would be the pharmaceutical world’s biggest ever takeover. In a letter to Bristol-Myers shareholders, Starboard called the deal “poorly conceived and ill-advised” […]

(Reuters) – Ride-hailing firms Uber and Lyft plan to offer cash bonuses to some of its most-active or longest-serving drivers along with the chance to put them into shares from their long-awaited stock market launches, the Wall Street Journal reported on Thursday. The newspaper said Uber Technologies Inc was planning such awards for a “significant” […]