Slack pursued an unusual direct listing, meaning it did not have banks underwrite the offering.CNBC Disruptor 50read more
President Trump says Iran may not have intentionally downed an unmanned U.S. surveillance drone.Politicsread more
Slack's CEO said that the company didn't want to go public via an IPO so that it could be as transparent and accessible as possible.Deals and IPOsread more
Oil jumped as much as 6% on Thursday after Iran shot down a U.S. military drone, prompting President Trump to blast Tehran on Twitter.Energy Commoditiesread more
For doubters thinking the rally is just a last gasp of the decade-long bull market, chart analysts are here to prove them wrong.Marketsread more
Notorious "pharma bro" Martin Shkreli has reached a settlement with his former biopharmaceutical company Retrophin just weeks ago after he sued two company directors and its...Biotech and Pharmaceuticalsread more
"The slowdown in the global economy is reaching this shore," veteran trader Art Cashin says.Economyread more
Slack's public market debut on Thursday will generate billions for venture firm Accel and healthy returns for Andreessen Horowitz and Social CapitalTechnologyread more
JetBlue is ordering the longest-range Airbus jets to expand service to more European cities.Airlinesread more
Apple announced on Thursday that it will recall some 15-inch MacBook Pro laptops because they have batteries that may "overheat and pose a fire safety risk."Technologyread more
Health-care stocks have caught a cold this year, but one technical analyst sees the beginnings of a recovery.Trading Nationread more
Japan's Finance Ministry proposed crafting a cover story with a school operator at the heart of a political scandal to justify a discount in the price of public land sold to the school, a ministry official said on Monday.
The admission is likely to increase pressure on Prime Minister Shinzo Abe to resign over the scandal involving the sale of state-owned land to school operator Moritomo Gakuen, which had ties to Abe's wife.
Abe has repeatedly said that neither he nor his wife were involved in the land sale and that he would resign if he were found to be involved.
Opposition lawmakers have called for Abe's resignation.
"Last year on Feb. 20 a finance bureau employee contacted Moritomo Gakuen's lawyer ... and suggested saying a lot of money was spent on the removal of rubbish and thousands of trucks were used," Mitsuru Ota, head of the Finance Ministry's finance bureau, told parliament.
"Moritomo's lawyer did not take any action on this phone call. It was wrong for us to ask Moritomo Gakuen to say something that was not true," Ota said, adding that the attempt to cook up a story was "highly embarrassing".
Ota's comments confirmed a report by public broadcaster NHK last week and followed a March 12 admission by the ministry that it had altered documents relating to the land sale.
The plot of land in Osaka, western Japan, was appraised to be worth 956,000,000 yen ($8.95 million) but the ministry granted the school operator an 820,000,000 yen discount.
It originally said the sale was appropriate and was heavily discounted to offset the costs of removing a lot of rubbish buried on the plot.
Prosecutors in Osaka arrested the operator of Moritomo Gakuen and his wife in July last year on suspicion of illegally receiving government subsidies.
The National Board of Audit, which is independent of the cabinet and has the authority to investigate spending by government agencies, said in November there was not enough evidence to support the heavy discount.
That increased speculation that Moritomo Gakuen's operator used his ties with the prime minister's wife to secure the discount.
The scandal is eroding Abe's public approval ratings.
A survey on Monday showed voters who disapproved of Abe's cabinet outnumbered those who support his cabinet for the first time in six months.