Raise Billions From Billionaires? Tax Experts Say It’s Not That Simple

One of the signature initiatives of Elizabeth Warren’s presidential campaign is a wealth tax that, she…

SoftBank Takes a Financial Hit as Its WeWork Bet Sours

The Japanese company must win back the confidence of investors who once rewarded its ability to…

As Warren Gains in Race, Wall Street Sounds the Alarm

Julia Roberts was making the rounds at Blackstone, and no one at the giant private equity…

Lyft Focuses on Profitability as Cash-Burning Companies Lose Luster

Lyft had said that it would lose record amounts of money, but it changed its tune…

Alibaba Offers a Positive Signal Amid China’s Sagging Growth

Rising sales and profitability suggest the country’s growing middle class still feels inclined to spend despite…