Latest Baidu Inc News

China's plans for 2024 prioritize technology, offer scant comfort for businesses and investors

Mar. 05, 2024 07:22 AM EST

BEIJING (AP) — China’s blueprint for its economy in 2024 is replete with goals and promises, but it’s also notable for not spelling out specific moves to attain long-promised reforms that foreign businesses and investors have been hoping for. The work report presented Tuesday...

Baidu Inc.: Q4 Earnings Snapshot

Feb. 28, 2024 05:16 AM EST

BEIJING (AP) — BEIJING (AP) — Baidu Inc. (BIDU) on Wednesday reported fourth-quarter profit of $366 million. On a per-share basis, the Beijing-based company said it had profit of 95 cents. Earnings, adjusted for one-time gains and costs, came to $3.08 per share. ...