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Panasonic Holdings Corp. said it plans to slash headcount by 10,000, part of an ongoing push to boost profitability by culling non-growth operations.
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Nissan Motor Co. has abandoned plans to build a battery plant in Fukuoka, Japan, to focus its resources and funding on rescuing itself from a deepening financial crisis.
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The hacking of online trading accounts exploded last month in Japan, ensnaring more brokerages and racking up losses for account holders.
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US equity futures were muted ahead of trade talks between the world's two biggest economies, after a framework agreement with the UK stirred up optimism over more tariff relief.
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The US Securities and Exchange Commission moved to settle a long-running legal battle against Ripple Labs Inc. as the regulator continues its about-face on crypto cases.
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Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy shoppers whose spending remains less affected by economic slowdown.
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DraftKings Inc. shares rose as much as 6% in extended trading as investors looked past a disappointing first quarter hurt by a March Madness basketball tournament that went especially well for gamblers.
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Coinbase Global Inc.'s first-quarter revenue jumped while profit declined as the largest US crypto exchange navigated the volatile price swings of the digital asset market.
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Expedia Group Inc. cut its full-year outlook for gross bookings and revenue after it saw weaker-than-expected domestic and inbound travel demand in the US at the start of the year.
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Paramount Global, the parent of CBS and MTV, reported first-quarter results that beat analysts' estimates, reflecting the improving performance of its Paramount+ streaming platform.
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