SoftBank mobile unit begins trading on Tokyo Stock Exchange

TOKYO (AP) — SoftBank Group Corp.'s Japanese mobile subsidiary has begun trading in one of the world's biggest share offerings rivaling that of China's Alibaba Group. Wednesday's IPO...

Asian shares advance following strong Wall Street finish

BANGKOK (AP) — Shares rose in Asia on Thursday after a strong overnight finish on Wall Street. Traders were encouraged by a Wall Street Journal report saying the Chinese government might make changes ...

Business Highlights

___ Trump comments upend US approach to Huawei, trade talks WASHINGTON (AP) — The United States and China have taken pains this week to emphasize that their trade t...

SoftBank's mobile unit's share price set for Dec. 19 IPO

TOKYO (AP) — SoftBank Group Corp. says the price for the initial public offering of its Japanese mobile subsidiary has been set at 1,500 yen ($13) a share. The IPO, set for Dec. 19 o...

Lyft aims to beat Uber to US stock market with IPO

SAN FRANCISCO (AP) — Lyft still hasn't caught up to Uber in the rapidly growing ride-hailing market, but it's ahead in the race to sell its stock on the public market where the two companies could pot...

Cruise control: GM's No. 2 exec to run self-driving car unit

SAN FRANCISCO (AP) — General Motors' No. 2 executive is moving from Motor City to Silicon Valley to run the automaker's self-driving car operations as it attempts to cash in on its bet that robotic ve...

Feds subpoena Snap over shareholder lawsuit

NEW YORK (AP) — Snap Inc. has received federal subpoenas related to a class-action lawsuit stemming from its 2017 initial public offering. The lawsuit, filed last May, claims that Sn...

SoftBank mobile unit to go for IPO raising some $20 billion

TOKYO (AP) — Japanese technology company SoftBank Group Corp. will carry out an initial public offering of its Japanese mobile subsidiary, set for Dec. 19. The Tokyo Stock Exchange a...

SAP buying Qualtrics for $8 billion in cash

SAP says it has agreed to pay $8 billion cash for survey-software provider Qualtrics International Inc., which was preparing for an initial sale of stock to the public. SAP said Sund...

Asian shares climb on strong US corporate earnings, data

SINGAPORE (AP) — Asian markets rose on Wednesday as robust U.S. corporate earnings and encouraging data assuaged worries about softening global growth. KEEPING SCORE: Japan's benchma...

Report: Uber IPO could put company value at $120 billion

NEW YORK (AP) — Uber may put forth an initial public offering early next year that values the ride-hailing business at as much as $120 billion, according to a media report. The Wall ...

Saudi crown prince's carefully managed rise hides dark side

DUBAI, United Arab Emirates (AP) — In a kingdom once ruled by an ever-aging rotation of elderly monarchs, Saudi Crown Prince Mohammed bin Salman stands out as the youthful face of a youthful nation. B...

Saudi crown prince's carefully managed rise hides dark side

DUBAI, United Arab Emirates (AP) — In a kingdom once ruled by an ever-aging rotation of elderly monarchs, Saudi Crown Prince Mohammed bin Salman stands out as the youthful face of a youthful nation. B...

China's music streaming leader Tencent to go public in US

SAN FRANCISCO (AP) — The owner of China's largest music streaming services is looking to strike it rich in the U.S. stock market. Tencent Music Entertainment plans to sell its stock ...

Wobbly start for US stocks; Pepsi cuts its profit target

NEW YORK (AP) — U.S. stocks are mixed Tuesday morning as internet companies and retailers slip. Stitch Fix, an online clothing company, plunged after its revenue and user totals fell short of analyst ...