How a SoftBank-Backed Construction Startup Burned Through $3 Billion

The downfall of Katerra shows how the Silicon Valley strategy of growth at any cost can backfire in complicated industries like real estate.

Gores Guggenheim SPAC Nears Deal to Combine With Polestar

Polestar is nearing a deal to go public through a merger...

China Has New Way to Fight IP Theft Claims

Chinese technology giants have seized on a new legal tactic to...

Economy Week Ahead: Consumer Spending, Inflation, Manufacturing

Markets this week will be focusing on U.S. consumer spending and...

U.S.-EU Trade Summit in Pittsburgh Aims to Deepen Trans-Atlantic Ties

Senior European Union officials including Margrethe Vestager will meet with U.S....