A popular trade that worked for years is losing its shine. US multinationals – the missionaries of globalization that sell toothpaste, fast food and smartphones to consumers from China to India – have been investor darlings since the 2013 taper tantrum. Buying large diversified companies offered a smart way to gain exposure to these fast-growing young markets, removing the need ...

I’ve long been a critic of Apple, but today I give up: It’s the perfect tech company for this day and age, an example to the rest of Silicon Valley. After Apple’s latest results announcement, one could knock it yet again for its stable dependence on a single mature product — the iPhone. That product delivered 62.2 percent of the ...

Bloomberg A series of high-profile accidents involving self-driving cars are slowing the mad rush into the autonomous vehicles business, according to a report issued. The accidents, some of them fatal, have ignited a debate about how to regulate the safety of self-driving vehicles and tempered the public’s expectations, Bloomberg New Energy Finance said. They’ve also exposed the downside of rushing ...