Alibaba could be one of the most valuable US-traded companies, say analysts, and its IPO could surpass Facebook's $16 billion offering. The catch – buyers of BABA stock will get a stake in a 'variable interest entity,' but not a share of Alibaba itself.
Tesla Motors is backing up its commitment to China with a new deal to set up 400 new charging stations across the country. China has become a vital market for global automakers, and a lack of charging stations has hampered electric car sales for Tesla and other electric carmakers thus far.
Two years after opening, the Revel Casino Hotel will close Tuesday. The Revel will be the second of three Atlantic City casinos to close in a two-week span in a consolidation of the Atlantic City gambling market.
There's a tablet out there to fit just about every need and budget, and there are bargains to be had this labor Day weekend and beyond. Check out the best tablet deals this week, from iPad to Lenovo to Microsoft.
The states in the running for Tesla Motors' massive battery 'Gigafactory' are ponying up huge incentives to win the bid, drawing the ire of budget watchdogs. Is the Tesla Gigafactory worth it for a state's economy?
Dairy Queen has become the latest major company hit by a data breach. A malware known as 'Backoff' – the same responsible for the major Target data breach – was found in the computer systems of Dairy Queens across seven states.
Consumer spending in the US unexpectedly fell in July as savings rose to their highest level in more than 1-1/2 years, indicating that households remain cautious despite an acceleration in economic growth.
Abercrombie and Fitch will strip its once-ubiquitous logo from its clothes as sales continue to tumble. The Abercrombie & Fitch logo was once emblazoned on the retailer's sweatshirts and T-shirts and held major cachet with teenagers.