Stock markets

Bill Ackman is creating an activist organization to fight antisemitism, reform higher education

Hedge fund billionaire Bill Ackman, who recently fought a high-profile battle against Harvard University, said Friday that he’s starting an activist…

Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting

Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago, as the bank warned that net…

Chinese rival to Apple’s Vision Pro raises $70 million, doubles down on new strategy to win consumers

BEIJING — Chinese augmented reality glasses and software company Rokid this week announced it raised 500 million yuan ($70 million)…

China’s annual exports drop for the first time in seven years

BEIJING — China’s annual exports fell for the first time in seven years in 2023, even as shipments in December…

Coinbase, Robinhood shares are lower despite bitcoin ETF approval

Shares of Coinbase and Robinhood were lower Thursday as traders weigh how the approval of bitcoin exchange-traded funds in the…

China says the U.S. has ‘weaponized’ chip export controls

BEIJING — China’s Ministry of Commerce said Thursday the U.S. is weaponizing export controls and using them as a tool.…

China will make foreign investment easier, vice premier tells foreign executives

BEIJING — Chinese Vice Premier He Lifeng met with global financial executives Wednesday and pledged to make it easier for…