Coming soon to China: the car of the future

Global automakers are positioning for a brave new world of on-demand transport that will require a car of the future—hyper-connected, autonomous, and shared—and China may become the concept's laboratory.

Tech startups Pinterest, Zoom soar in Wall Street debut

Pinterest got off to a flying start on Wall Street Thursday in the market debut for the San Francisco-based visual discovery service, a positive sign for the wave of Silicon Valley firms planning stock listings.

IPOs help communities prosper, new research shows

Companies that go public on the stock market provide an economic boost to the local communities where they're based, according to new research from Rice University's Jones Graduate School of Business.

Lab-to-market study explores success

Universities and federal laboratories are the cornerstones of American innovation, developing new products that address important societal issues and drive economic growth.

Amazon to pull plug on China retail operations: report

Amazon plans to close down its online retail operations that cater to consumers in China in an apparent admission of defeat to local e-commerce rivals such as Alibaba and JD.com, a report said on Thursday.

European car sales stay in reverse

European car sales fell 3.9 percent in March compared to the same month last year, marking the seventh-straight monthly drop, an industry body said Wednesday.

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