American Dream Aims to Ride Luxury Wave

The sprawling shopping mall and entertainment center called American Dream is opening its luxury retail wing next month, a sign of budding momentum for the suburban New Jersey complex after a run of early setbacks. The mall’s high-end shopping area is poised

Square Keeps Its Equal Sides With Afterpay Deal

With a deal to acquire Afterpay, APT 11.37% Square SQ 10.16% won’t have to start calling itself Rectangle. Given Square’s ambitions across banking and payments, one could have argued for any number of directions in a deal. It chose to do a

ZocDoc Names Morgan Stanley Investment Banker as CFO

Medical startup ZocDoc Inc. named Edward Liu, a former Morgan Stanley investment banker, as its new chief financial officer as it looks to grow its business. Mr. Liu served as co-head of technology banking for the Americas at Morgan Stanley for about

Banks Pull Back Funds for Coal Projects in Asia

Banks are cutting off funding for new coal-fueled power plants in poorer Asian countries, a move that could hasten the shift toward cleaner energy sources in some of the fastest-growing parts of the world. Asian financiers provide the bulk of funding for new coal projects in

Banks Pull Back Funds for Coal Projects in Asia

Banks are cutting off funding for new coal-fueled power plants in poorer Asian countries, a move that could hasten the shift toward cleaner energy sources in some of the fastest-growing parts of the world. Asian financiers provide the bulk of funding for new coal projects in

Fed Chairman's Approach to Regulation Has Drawn Some Criticism

President Biden’s looming decision about who should be the next Federal Reserve chairman is prompting reviews of the current chief’s record on bank regulation and how strict the postcrisis rulebook should be for Wall Street. During Chairman Jerome Powell’s nearly four years

Economy Week Ahead: Factories, Trade, Employment

The U.S. employment report for July is the focus of this week’s economic indicators. MONDAY The Institute for Supply Management’s manufacturing index for July is expected to remain elevated as factory activity continues to expand. American manufacturers are enjoying strong demand from

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