What’s News
Taxes on Property Aim to Keep Outsiders Away
Governments from Canada to Australia are trying to limit the amount of foreign money coming into local real-estate markets to prevent home prices from rising further.
China’s Hottest Phone Maker Goes Its Own Way
Upstart smartphone brands Oppo and Vivo, which share an owner, are surging in popularity in China—aided by old-school brick-and-mortar stores and the kind of advertising blitz rarely seen in the country’s mobile sector.
Samsung BioLogics Aims to Raise Up to $2.5 Billion From IPO
Samsung BioLogics, the contract drug manufacturing unit of Samsung Group, is planning to raise as much as $2.5 billion from an initial public offering that would value it at roughly $10 billion.
Duterte Adds Business Leaders to List of Enemies
Philippine President Rodrigo Duterte, having rebuked alleged criminals and drug cartels, has turned his scorn to a new target: business leaders he labeled as being part of a dangerous oligarchy.
In China, Regional Economic Data Highlights Growing Divide
New growth data for China broken down by region shines a light on how uneven growth is around the country and how the nation’s statistics are still suspect.
Alibaba’s Accounting Practices in the Spotlight
As Alibaba prepares to announce quarterly earnings, analysts are looking for more clarity about its accounting policies and disclosures.
Oil Prices Slide On Inventory Data
Oil prices settled sharply lower after weekly U.S. inventory data showed that domestic inventories of crude oil and petroleum products rose last week to a record high.
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JOIN NOWChina’s LeEco to Invest $1.8 Billion to Build Electric-Car Plant
Chinese tech-and-entertainment company LeEco plans to invest $1.8 billion to build a plant in China to produce internet-connected electric cars.
Delta’s Efforts to Restore Normal Service Stumble
The U.S. carrier cancels 255 more flights as it continues to recover from power outage that disrupted systems world-wide for the past two days. Normal operations were expected to be restored by afternoon.
Michael Kors, Ralph Lauren Battle Discounting, Fewer Shopper Visits
Michael Kors is cutting back sales to department stores in the hope that less inventory will translate into more full-priced sales and Ralph Lauren is closing retail shops.
Japan Display Seeks Bailout
Japan Display, a top maker of displays for Apple smartphones, has asked a Japanese government-backed fund for hundreds of millions of dollars in aid.
Rajan Says He Didn't Pay Attention to Personal Attacks
Outgoing Reserve Bank of India Governor Raghuram Rajan has said that he “put aside” sometimes-personal attacks on him during his tenure in the top job at the central bank.
Turkey Blames Kurdish Rebels for Joint Attacks
Kurdish insurgents killed at least seven civilians and wounded dozens of others in coordinated attacks in two separate southeastern Turkish cities, government officials said, marking an upsurge of violence amid heightened insecurity in the country.
Cyberattacks Bring Down Australia’s Online Census
Australia has ordered intelligence agencies to investigate a series of cyberattacks launched from overseas that shut down the country’s first attempt at carrying out an online census.
Fire at Baghdad Hospital Kills 12 Babies
A fire tore through the maternity ward of one of the Iraqi capital’s largest hospitals on Wednesday, killing 12 newborn babies, most of whom were less than a day old.
The Green Water Spreads to Water Polo Pool
Swimming and diving’s world governing body said the change occurred when tanks ran out of the proper chemicals used in the water treatment process. 96
Test Your Ability at Five Core Olympic Skills
At the core of Olympians’ abilities are several skills that people use every day, like timing, rhythm, and memorization. Now you can see how you compare. Can you become an Armchair Olympian?
You Took Our Olympians? Fine, We’ll Take Yours
After an Olympic talent drain, Belarus, a former gymnastics power, attracts a U.S.-born gymnast and basketball player. Belarus officials say they are merely reversing an exodus of athletes.
Didn’t You Used to Be the Brazilian Men’s Soccer Team?
Even Neymar doesn’t seem to be helping the Seleção, which faces the threat of early elimination from an Olympic tournament on home soil.
Video
Photos Suggest China Military Buildup in South China Sea
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Paul Ryan: Trump’s Gun Remarks a 'Joke Gone Bad’
1:00
Why Is Alibaba Facing an SEC Probe?
2:04Tech
Diversity at Intel: a Work in Progress
Intel Corp. said the percentage of blacks and Hispanics in the chip giant’s workforce has changed little in the 18 months since the company pledged to increase diversity.
Photos
The A-Hed
Single Mormons, Far From Utah, Throw a Scandinavian Speed-Dating Party
At Festinord, an annual European retreat, eligible LDS Church members under 31 join a sugar-fueled scramble to find soulmates.
Film
‘Ben-Hur’: Gentlemen, Restart Your Chariots
Both the 1925 and 1959 versions were the most expensive movies ever made when they came out; the new ‘Ben-Hur’ relies on modern techniques.