Business

Photo

Fiat-Chrysler CEO says October 13 is possible date for Wall Street IPO

MILAN - The chief executive of Fiat-Chrysler, Sergio Marchionne, said on Saturday October 13 was the first possible date for the group to launch its initial public offering on Wall Street.

Recent Business News

Exclusive: Bitcoin promoter to plead guilty to unlicensed money transmission

NEW YORK - Bitcoin entrepreneur Charlie Shrem has reached a plea deal to resolve U.S. charges that he engaged in a scheme to sell over $1 million of the digital currency to users of illicit online marketplace Silk Road, his lawyer said Friday.

29 Aug 2014

Alibaba set to launch IPO roadshow week of September 8: New York Times

HONG KONG - Chinese e-commerce company Alibaba Group Holding Ltd is set to start formally pitching its New York initial public offering to investors in the week of Sept. 8, the New York Times reported, citing an unnamed person briefed on the decision.

2:44am EDT

Exclusive: Intel hires senior Qualcomm exec to boost mobile business

SAN FRANCISCO - Chipmaker Intel Corp has hired Amir Faintuch, a senior executive at rival Qualcomm Inc , to step up efforts in mobile and Internet-connected gadgets.

Tech, Media 29 Aug 2014

Indian investigators drop coal scam case against billionaire Birla

NEW DELHI - India's Central Bureau of Investigation (CBI) has closed a coal scam case against billionaire Kumar Mangalam Birla and a former top bureaucrat that emerged in 2012 after an auditor's report on revenue loss to the exchequer from allocations of coal blocks.

1:18am EDT

U.S. consumer spending pauses, but rising confidence offers hope

WASHINGTON - U.S. consumer spending fell in July for the first time in six months, but confidence among households hit a seven-year high in August, suggesting the retrenchment would be temporary.

29 Aug 2014

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary

How letting women fail can help them succeed

For women, fear of failure isn't an irrational position. Instead, it’s more likely a reaction to social pressures that tell them they will be more harshly judged than their male peers on their perceived missteps.