Business

Bulls, Bears, Markets, and related items go here.





Jack Ma to step down as Alibaba chairman on September 10

Jack Ma, the Co-founder of the Chinese retail behemoth Alibaba, is officially stepping down as company chairman on September 10 -- the day the charismatic entrepreneur turns 55. As part of his post-retirement plan, the former English teacher-turned-businessman plans to spend a good amount of h...

China Stops Buying US Agricultural Products Entirely

As an investor in Australian agribusiness company Wesfarmers, I owe those who voted for your President a deep debt of gratitude. Australian soybean farmers have been trying to crack the Chinese market for decades. However, the highly conservative Chinese buyers were willing to accept the sligh...

Boeing 737 Max lawsuit by Russia-owned Avia Capital Services (ACS) seeks to cancel 35-aircraft order and claim millions in damages

A Russian aircraft leasing company has filed the first U.S. lawsuit to cancel an order for Boeing 737 Max jets. Avia Capital Services (ACS), a subsidiary of state-owned Russian conglomerate Rostec, filed the suit against the U.S. aerospace giant in Chicago, claiming Boeing "intentionally" fail...

Is butter really better? Britannia reacts to Amul ad

It all started with a social media post where Amul called out cookie makers for putting too little butter in their so called ‘Butter Cookies’ . Amul in fact got catty enough to claim that its Amul Butter Cookies contain 25 per cent butter as against three or five per cent contained in the comp...

Opinion | Save Capitalism by Paying People More

American businesses are sending a clear message: They need to focus on doing more than making profit. On Monday, the Business Roundtable, which represents the largest corporations in the United States, published a new, broader statement about the purpose of business, declaring that delivering ...

All 84 startups from Y Combinator's S19 Demo Day 1

It’s that time of year, Silicon Valley’s investor technocrati and advice-giving Twitter celebrities descended upon Pier 48 in San Francisco to judge the latest summer batch of Y Combinator startups. TechCrunch was there, as well, and we were tapping away feverishly as co-founders pitched to wo...

WeWork isn’t a tech company; it’s a soap opera

On August 14th, The We Company (the company formerly known as WeWork) filed its mandatory S-1 paperwork to go public, and it’s worth reading in full. I mean, forget the serious stuff for a moment. The thing begins with an epigram: “We dedicate this to the energy of we — greater than any one of...