A Fed pivot, born of volatility, missteps, and new economic reality
The Federal Reserve's promise in January to be "patient" about further interest rate hikes, putting a three-year-old process of policy tightening on hold, calmed markets after weeks of turmoil that wiped out trillions of dollars of household wealth.
Alibaba CEO rules out layoffs this year
Alibaba Group Holding Ltd expects to avoid layoffs this year despite China's economic slowdown, CEO Daniel Zhang said on Friday.
Tesla starts Model 3 delivery in China earlier than expected
Tesla Inc has started delivering Model 3 cars in China slightly ahead of schedule, as the U.S. luxury electric vehicle maker looks to revive sales in the world's biggest auto market.