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The United States is home to the most unicorn companies in the world, with over 100 such companies, according to a new report by HowMuch. The term unicorn, used to describe a private company valued at at least $1 billion, was thrust into the spotlight after Uber became the ultimate unicorn as it...

ZTO Express Inc. (NYSE: ZTO) made a disappointing IPO debut on Thursday, falling 15 percent from its IPO price in its first day trading. Nevertheless, the company’s $19.50 IPO price values the Chinese delivery service provider at a staggering $14 billion. ZTO marked the largest Chinese IPO in...