Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
Despite Kudlow's expectations, China said on Saturday that it strongly opposes Trump's decision to levy additional tariffs on $550 billion worth of Chinese goods, and warned...Politicsread more
President Donald Trump said Sunday he was not happy after North Korea launched short-range ballistic missiles over the weekend.Politicsread more
Bryn Mawr Trust CIO Jeffrey Mills lists where to put money to work as Wall Street copes with trade war and recession jitters.Futures Nowread more
The announcement for Target also comes on the heels of a strong quarterly earnings report, where it showed it drove more people to stores and got them to spend more money...Retailread more
The program, which begins in July, will tap in U.S.-based company Techstars, a firm with more than 1,000 firms with a combined market cap of $9.6 billion in its accelerator portfolio.
A total of 10 start-ups will be selected from around the world for Rakuten's program, which will focus on messaging technology.
The shortlisted companies will receive an initial investment of $120,000 each, coming jointly from Rakuten and Techstars. They will also receive guidance from top executives at Rakuten and access Techstars' wide network of founders, alumni and mentors.
"It's a very good initiative to empower the entrepreneurs and (bring) innovation to society," Hiroshi Takasawa, CEO at Rakuten Asia's regional head office and head of the company's investment arm, told CNBC.
The executive said Rakuten could further invest into any of the 10 start-ups if they show promise.
Rakuten is still deciding on selection criteria for the start-ups.
Applications for the accelerator program is set to open on Jan. 8, 2018.