Why the Widest Pay Gap Persists in the…

Over the past decade, women have been making serious inroads into high-paying professions traditionally dominated by men. As of 2016, more female students have been enrolled in law schools than male. Ditto for medical schools.…

Fortunes Good Fortune

A warmer winter. Chinese Vice President Wang Qishan attended the Bloomberg New Economy Forum this week, which had moved to Singapore from its original location in Beijing. At the forum, Wang called for the U.S.…

Apple, Dyson, and Xiaomi Are Top Sellers in…

Alibaba Group Holding Ltd. logged 213.5 billion yuan ($30.7 billion) in sales for its annual Singles’ Day extravaganza, setting a record as shoppers swarmed the e-commerce giant’s online bazaars. China’s largest company, which used a…

Diageo Just Sold 19 Liquor Brands As It…

Diageo Plc agreed to sell Seagram’s VO whiskey and 18 other brands to closely held U.S. distiller Sazerac Co. for $550 million as the maker of Johnnie Walker focuses on higher-end labels. The world’s largest…

From a Utah Basement to SAPs $8 Billion…

The tech industry’s newest billionaires are a pair of brothers who started a software company in their parents’ basement in Utah. Now Ryan and Jared Smith are selling Qualtrics International Inc. to European giant SAP…