A computer glitch at BNY Mellon this week upset valuations of billions of dollars of mutual fund assets; as global markets falter, some fear private tech startup giants may be due for a correction of their own; Despite weakness in China’s economy, its movie business is booming.
Week in Review: Fund Valuation Fracas, Tech Startup Fears, Warner Bros. Eyes China, China’s Fake Goldman Sachs
Week in Review: Interest Rate Hike on Hold? Oil Tumbles, Walmart Disappoints, Airbus Inks Record Deal
The Federal Reserve this week suggested September might be too soon for a rate hike; Oil prices slid to new lows; Walmart turned in weak earnings due to investments in customer service; Airbus sold a lot of airplanes.
The Affordable Care Act is reshaping the business world in ways subtle and obvious. Here’s what business reporters should know.
Week in Review: Google Makeover, China Devalues, Greece Grows, Berkshire Hathaway Inks Historic Deal
Google created a new parent company Alphabet; China yuan fell 4.4%, its largest drop in two decades; Greece grew in the 2nd quarter, shocking everyone; Berkshire Hathaway just made its biggest purchase ever.