Wall Street

Wall Street eyes 2018 gains with a side of caution

U.S. stocks are expected to keep rising in 2018 because a massive drop in the corporate tax rate is seen boosting the economy and corporate profits, but strategists say sizable gains could either be short-lived or elusive.

SoftBank succeeds in bid to buy Uber shares

A consortium led by SoftBank Group Corp successfully bought a large number of shares of Uber Technologies Inc in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, handing a victory to new Chief Executive Dara Khosrowshahi.

The worst biz blunders of 2017

Wall Street rejoiced in 2017 as the stock market rose to record levels, but not all business leaders and companies were able to join in on the fun.

Apple, suppliers drop on report of weak iPhone X demand

Shares in Apple Inc and several of its Asian suppliers fell on Tuesday after a report by Taiwan's Economic Daily and comments from some analysts suggested iPhone X demand could come in below expectations in the first quarter.