markets

U.S. adds a much-better-than-expected 272,000 jobs in May, but unemployment rate edges up to 4%

The U.S. economy added far more jobs than expected in May, countering fears of a slowdown in the labor market…

Chinese electric car company Nio to enter Middle East this year amid global expansion by peers

BEIJING — Chinese electric car company Nio plans to expand to the Middle East this year, CEO William Li said…

China’s Alibaba is courting European and U.S. small businesses as it goes global

BEIJING — Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses…

GameStop shares jump more than 40% as ‘Roaring Kitty’ schedules YouTube livestream for Friday

Shares of GameStop shot to session highs Thursday after meme stock leader “Roaring Kitty” scheduled a livestream on YouTube, which…

Salesforce to open new AI center in London as part of $4 billion UK investment

LONDON — Enterprise tech giant Salesforce is opening an artificial intelligence center in London, making a bullish bet on the…