Google Invests $550 Million in Chinese Online Shopping Site JD.com

Google's $550 million investment in JD.com will deepen its ties with China and strengthen its foothold in online shopping.

 
Google, Facebook Propel Jump in Global Ad-Spending Forecast

Magna, a division of Interpublic Group, predicts global ad revenue will increase 6.4% to $551 billion this year, up from an earlier projection of 5.2% growth.

 
Virgin Money Accepts CYBG's GBP1.7 Billion Bid

Virgin Money has agreed to an all-share merger bid by rival CYBG worth GBP1.7 billion

 
U.S. Auto Makers Are Putting Smaller Engines Into Big Trucks So They Guzzle Less Gas

Big U.S. car makers are standing by many recent tech innovations to increase fuel efficiency, including smaller engines for pickup trucks, even as the Trump administration moves to relax gas-mileage standards.

 
Gina Rinehart's Hancock Enters Race for Atlas Iron

Billionaire Gina Rinehart's Hancock Prospecting has made a takeover bid for rival Atlas Iron Ltd. that values Australian iron-ore miner at US$290 million.

 
Wells Fargo Struggles to Get Off the Municipal-Bond Blacklist

Wells Fargo is having trouble shaking the effects of its sales-practices scandal, as some states and cities that do business with the bank continue to steer clear of it when selling municipal bonds to the public.

 
Goldman Sachs Bankers Moonlight as Venture Capitalists

Goldman Sachs bankers have quietly been moonlighting as venture capitalists, investing early in startups like Uber, Spotify, Dropbox and Square and amassing a multimillion-dollar portfolio.

 
Sizing Up Tesla's $10 Billion Debt Stack

Tesla is growing faster than any other auto maker-just not always in ways stockholders would want. The company's debt has surged just as fast as sales, while profits remain elusive.

 
Tariffs Chip Away at Semiconductor Boom

A trade war between the U.S. and China is bad news for a highly globalized industry with stocks at record highs.

 
Unilever Demands Influencer Marketing Business Clean Up Its Act

Using personalities popular on social media for promotion may be a hot marketing technique, but it also has a downside, according to Unilever, one of the world's biggest advertisers.

(END) Dow Jones Newswires

June 18, 2018 05:15 ET (09:15 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.