China's central bank says it will cut its reserve requirements for banks to help spur more lending and boost the economy

HONG KONG — Asian markets opened the week on a positive note, with Chinese regulators announcing measures to support the country’s teetering stock markets while heavily indebted property developer China Evergrande was ordered to undergo liquidation. U.S. futures were lower while oil prices gained. China’s securities regulator announced on Sunday that beginning Monday, China will…

GM’s Cruise self-driving car unit on Thursday revealed Justice Department and Securities and Exchange Commission probes stemming from an October accident in which one of its robotaxis dragged a pedestrian who had been struck by another car. Cruise reported the government investigations in a blog post in which the company also vowed to reform its culture stemming from…

BANGKOK — China has rolled out new rules meant to expand access to commercial bank loans for property developers as Beijing doubles down on its effort to end a prolonged crisis in the real estate industry. The policies will allow real estate companies to use bank loans pledged against commercial properties such as offices and…

The former WWE employee who allegedly was sexually abused by Vince McMahon broke her silence Friday, saying she “hopes any doors of secrecy have been blown off their hinges.” Janel Grant claimed the wrestling mogul coerced her into having sex with wrestling stars and other WWE executives, along with more lurid allegations that including McMahon…

Edward E. Crutchfield, a banker who grew a small North Carolina bank into one of the nation’s largest through a deal-making spree that earned him the nickname “Fast Eddie” and helped establish Charlotte as a national financial hub, died on Jan. 2 at his home in Vero Beach, Fla. He was 82. His death was…