TOKYO Japanese manufacturing activity expanded at its fastest pace in 20 months in November as output and new export orders picked up, final figures from a survey showed on Tuesday, suggesting the economy is starting to turnaround from a recession.
Morgan Stanley MS 1.54 % plans to slash hundreds of jobs from its debt and currencies division, people familiar with the matter said, revealing that the Wall Street firm believes that a monthslong slump in trading revenue may persist.
CHICAGO U.S. shoppers seeking to avoid the holiday crowds at bricks-and-mortar stores and snare deals on Cyber Monday came face-to-face with traffic jams and product sellouts, with some customers of Target Corp forced to wait in a virtual line.
Bill Gates, the world's richest man, led a group of philanthropists in vowing to plow $2 billion into clean energy through personal investments and a new fund to be set up next year.
With Prime, Amazon has made two-day delivery a standard part of its user experience. Recently, its increased the one-day and same-day shipping as well, as it improves its “last-mile” capabilities, and talked a big game about implementing drones in the ...