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Abbott Plans to Spin Off Its Nutrition Business
Abbott Laboratories said it plans to spin off its nutrition unit into a separate publicly traded company after a series of missteps have weighed on the company’s broader performance.
US small-business optimism falls on dimmer economic outlook
The net share of independent business owners who expect conditions to improve declined 4 percentage points to a four-month low of 6%.
Watch Robinhood's Kerbrat on Business Strategy, Crypto
Johann Kerbrat, Senior Vice President and General Manager of Crypto and International at Robinhood, discusses the company's expansion plans and investment opportunities in the cryptocurrency market. He speaks with Haslinda Amin on the sidelines of the Token2049 conference in Singapore.
Vance says Alaska project will proceed after Trump warns Korea
Vice President JD Vance said an Alaska natural gas project with South Korea will move forward even as Seoul said its participation remains conditional on the venture being economically viable.
Amazon Debuts Faster Fire TV Stick 4K With Sleeker Remote
Amazon.com Inc. announced a faster, slimmer Fire TV Stick 4K streaming device alongside a revamped remote control and upgrades to Alexa+ for the living room.
UnityPoint Health-Trinity heart experts first in the Quad Cities to new AFib technology
UnityPoint Health – Trinity Heart Center has become the first health system in the Quad Cities to use a new FDA-approved technology to treat patients with atrial fibrillation (AFib), the most common t...
‘Cirque Alice’ will bring show to Vibrant Arena, Moline
ICON LIVE has announced the North American tour for “Cirque Alice,” a new theatrical cirque spectacular that re-imagines “Alice’s Adventures in Wonderland” through extraordinary acrobatics, dazzling t...
OpenAI’s Altman says no IPO in 2026, company will prioritize safety
Altman said this year would be an "ill-advised moment" for initial public offering and that a listing won't take place until next year.
Microsoft’s AI Business Is Concentrated Among Tech Companies
A small group dominates the company’s cloud customer list
Rockstar Rattled As ‘Grand Theft Auto VI’ Leaks Again
After a leak in 2022 Rockstar took drastic measures to try to prevent another hack. It didn’t work.
US Business Activity Expands at the Fastest Pace Since 2022
US business activity grew at its fastest pace in more than four years as stronger demand and a rosier outlook fueled a wave of hiring.
Tricolor Fallout Fuels Boom in Business for Collateral Checkers
The fallout from last year’s collapse of subprime auto lender Tricolor Holdings has spurred a boom for businesses that verify whether collateral exists and try to make sure it’s not double pledged.
Zambian Police Summon Opposition Leader After Disputed Election
Zambian police summoned the nation’s opposition leader after he pledged to challenge the outcome of last week’s presidential election, over which observers have raised concerns.
Euro-Zone Business Activity Edges Up on Manufacturing Surge
Private-sector activity in the euro area unexpectedly improved slightly in August, thanks to the strongest manufacturing growth in more than four years.
French Business Activity Unexpectedly Weakens as Heat Takes Toll
France’s private sector unexpectedly weakened this month as extreme summer temperatures took a toll on the services sector.
Watch Post-Strike Movie Supply is Driving Theatre Demand, Vue Entertainment CEO says
Vue Entertainment CEO Tim Richards says the chain may see its strongest summer box office since the pandemic. "What we are seeing this year is all the movies in the post-strike period now hitting out screens. But we are also seeing the studios and content-makers producing and releasing movies at unprecedented levels." He speaks to Bloomberg's Guy Johnson, Tom Mackenzie, and Skylar Montgomery Koning.
ChatGPT Can Now Control iMessage, Potentially Raising Apple Privacy Concerns
OpenAI rolled out support on Thursday for controlling Apple Inc.’s iMessage service via ChatGPT, a move with the potential to raise privacy concerns for the iPhone maker.
To Probe Mark Walter’s Business, DOJ Sought Egan-Jones’ Records
As billionaire Mark Walter’s insurance companies invested in bonds, they often relied on Egan-Jones, which provided the only known ratings for more than a fifth of those assets, according to industry records.
Senate Races in Texas, Iowa Are Now Toss-Ups, Cook Report Says
Two key US Senate races now look like toss-ups instead of leaning in favor of Republicans, according to a new analysis from the nonpartisan Cook Political Report.
Zambia Ex-Transport Minister Killed In Raid on Politician’s Home
Zambian police said a former transport minister was killed in a raid at the main opposition leader’s house last week, a day after elections that were tainted by claims of irregularities.
SkyCity Entertainment Starts Strategic Review of Adelaide Casino
SkyCity Entertainment Group will start a strategic review of its Adelaide casino after resolving years of regulatory scrutiny over matters including governance standards and compliance with anti-money laundering and counter-terrorism financing laws.
PlayStation Reboots ‘Horizon Hunters Gathering’ as Live-Service Strategy Struggles
The Japanese gaming titan has canceled or rebooted most of its live-service multiplayer projects in recent years
Picking AI Winners Is Getting Harder for Wall Street
Data center opposition will be a drag on performance
Surging Unemployment Is Milei’s Biggest Political Threat in Argentina
President Javier Milei lowered inflation and poverty in Argentina, while eliminating its budget deficit. But the nation’s labor market is still mired in the crisis he was elected to confront.
South African Business Confidence Edges Higher Amid War Headwind
South African business confidence improved sightly in July, though the economy continues to be affected by inflationary pressures stemming from the Iran war, the country’s main commerce chamber cautioned.
How Trump Shapes DC Life Beyond Politics
Trump’s penchant for spectacle is on full display this week as IndyCar comes to town.
‘I Hate Losing’: Walter Rushes Makeover as DOJ Probes His Empire
The CEO of Guggenheim Partners and owner of the LA Dodgers flipped the Lakers within a year and has explored other steps to pay down loans from his insurers.
US Commander Says Mental Health a Priority Aboard USS Lincoln
A top US military commander said mental health is a valid concern after meeting crew deployed on the USS Abraham Lincoln, where conditions aboard the aircraft carrier have led to complaints during its long deployment in the Iran war.
Watch Inside the Business of Ultra Luxury Travel
Luxury Travel and Event Expert Olivia Ferney sits down with Lisa Mateo, Joe Mathieu and Carol Massar on Bloomberg This Weekend and shares how she has built a business catering to ultrawealthy clients whose requests can range from six-figure vacations to elaborate celebrations, while creating a social media following of more than 1 million.
SEC Prepares to Ease Rule on Wall Street Political Donations
The US Securities and Exchange Commission is proposing to ease a rule that restricts investment advisers from working for public pension funds if they’ve made political donations to state and local elected officials.
‘Monkey Island’ Creator Finds Wealthy Investor for Next Game
Ron Gilbert didn’t want to go with a traditional publisher for ‘Thimbleweed Park 2,’ so he took an unorthodox route
Small Businesses Despise Trump’s Tariffs
Mere hours after the Trump administration's latest tariff scheme launched on July 24, the government was sued again by the same small businesses that had already defeated prior White House tariff shenanigans, most notably at the Supreme Court. As Bloomberg Law reported, these companies are part of an “increasingly vocal cohort of business owners who emerged as the face of mom-and-pop tariff resistance.” What about Walmart Inc., Ford Motor Co. and the other titans of corporate America paying many
Selena Gomez Accused of Fraud by Mental-Health Startup Investors
Pop star Selena Gomez is being accused of fraud by investors who claim she failed to deliver on promises to leverage her global celebrity and social-media following to promote her mental-health startup, which collapsed last year.
'Call Her Daddy' Host Alex Cooper's Unwell Beverage Business Is Shutting Down
The superstar podcaster launched a line of drinks in 2025 in partnership with Nestlé and sold at Target stores
Professor’s Alleged Role in China Programs Leads to Ban From US Funding
Tao Li failed to disclose participation in Chinese talent plans while helping to award US research money, probe concludes.
Cerebras Hardware Business Declines in Sign of ‘Lumpy’ Demand
Cerebras Systems Inc. slid in late trading after reporting a decline in hardware revenue, a sign the newly public company is making slow progress selling computers with a novel chip design.
US Employers Abandon Group Health Insurance as Price Hikes Bite
As US employers brace for the largest price hikes on employee health plans in 15 years, a growing number are opting out of group insurance altogether.
Real Estate Fund Set to Lose Boston Life Science Investment
A small US commercial real estate fund run by Deutsche Finance Group, the asset manager tied to many of the soured deals at German pension fund BVK, plans to file for insolvency after its investment in a Boston life sciences complex soured.
CBA Profit Tops Estimates as Home and Business Lending Grows
Commonwealth Bank of Australia’s full-year profit topped estimates as lending grew in its key businesses of mortgages and loans to companies.
US Small-Business Optimism Rises to an Almost One-Year High
US small-business optimism rose in July to the highest level in almost a year as firms ramped up hiring plans and inflation pressures eased.
Australian Business Confidence Drops on Middle East Uncertainty
Australian business confidence snapped three months of gains as uncertainty over the Middle East conflict and persistent energy price strength weighed on the outlook.
Watch DeepX CEO on Business Strategy, New Funding
Lokwon Kim, Founder and CEO at DeepX, discusses the chip designer's business strategy and latest funding. He speaks with Shery Ahn on Bloomberg: The Asia Trade.
Watch NYSE President on Asia Business, IPO Pipeline
Lynn Martin, President at the NYSE Group, discuses the exchange's business strategy and priorities in Asia, as well as the IPO pipeline in the US. She speaks with Paul Allen on Insight with Haslinda Amin.
Apple Explores Shaking Up Its Smartwatch for a New Era
Also: The company’s big iPhone event approaches.
Fintech That Soared on Trump Sells Core Business for $12 Million
A virtually unknown fintech that catapulted into the headlines and cracked a $1 billion market value after signing a deal with the Trump family’s crypto platform last year has sold its core business for about $12 million.
Why Take-Two Won’t Share ‘Unprecedented’ ‘Grand Theft Auto VI’ Pre-Order Numbers
CEO Strauss Zelnick says he doesn’t want to mislead shareholders
Mamdani Wants to Form Business Panel With Ex-Lazard, UBS Bankers
Mayor Zohran Mamdani’s administration is asking a former top executive for UBS Group AG in the US, an ex-global head of investment banking at Lazard Inc. and Bank of America Corp.’s New York City president to be among the business leaders joining his administration’s advisory council.
Peru Heals Rift With Mexico by Freeing Leftist Politician
Peru’s government cleared an embattled former prime minister to leave the country and travel to Mexico in a move that eases diplomatic tensions between the two estranged Latin American countries.
France’s Cinema Rebound Can’t Escape Politics: Paris Edition
Viewership is up, but declining revenue has made the sector a target
British Engineering Firm Goodwin Starts Strategic Review
Goodwin Plc, a family-run UK engineering firm founded more than 140 years ago, has started a strategic review that may lead to the sale of a large chunk of a key business.
OpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300
A highly anticipated new device from OpenAI will have a unique look, complete with moving parts that help give it personality, and likely cost more than $300, according to people familiar with the matter.
India’s Student Movement Shuns Politics, Stays Pressure Group
The Cockroach Janta Party, which spearheaded India’s biggest student protests in recent years, said it won’t become a political party, opting instead to remain a “pressure group” after weeks of demonstrations forced Prime Minister Narendra Modi to replace his education minister.
Billionaire Agarwal’s Vedanta Unit Seeks Mega Loan After Business Split
A unit of India’s Vedanta Group is raising about 135 billion rupees ($1.4 billion) from at least three banks, the first large local-currency loan since the conglomerate controlled by billionaire Anil Agarwal was split into separate firms, according to people familiar with the matter.
Bangladesh’s Ousted Leader Says She’ll Return Despite Threats
Bangladesh’s ousted leader Sheikh Hasina vowed to return to her country despite facing a death sentence, calling it her “duty” to help rescue a country she described as sliding into economic distress and democratic decline.
Malaysia Says Investment Pipeline Holds Despite Political Angst
Malaysia continues to attract strong foreign investor interest despite growing political uncertainty following a string of local election setbacks for Prime Minister Anwar Ibrahim’s coalition.
Abercrombie Is Said to Seek Fresh Backers for China Business
Fashion brand Abercrombie & Fitch Co. is considering options for its China business including bringing in local partners to help grow the business, according to people familiar with the matter.
BP Puts Another Asset Up for Sale as Profit Surges
BP to sell biogas business; HSBC resumes buybacks
Bayer Earnings Beat Estimates on Crop Science Strength
Bayer AG posted better-than-expected profit in the second quarter, helped by a strong performance in its crop science business.
Apple Briefly Takes Telegram Off App Store Over Abusive Content
Apple Inc. briefly removed the Telegram messaging app from its App Store after finding content on the platform that violated a ban on child sexual abuse material.
Apple’s New CEO Taps Retired Hardware Executive for Management Team
Incoming Apple Inc. Chief Executive Officer John Ternus is bringing back a trusted lieutenant from his time running hardware engineering to join his new management team.
Mamdani Dismisses Business Leaders Advising NYC’s Mayor’s Fund
New York City Mayor Zohran Mamdani dismissed the business and civic leaders who advised a multimillion-dollar fund that channels private donations into public programs, removing a longstanding group of corporate advisers from City Hall’s philanthropic arm.
Amazon Cloud Chief Says Potential AI Business is ‘Just Massive’
Amazon.com Inc.’s cloud chief said customers are starting to shift from using the company’s services to train AI models to integrating them into their businesses — fueling demand for a process known as inference.
Blue Owl Hires Ex-Barclays Banker as Co-Head of Japan Business
Blue Owl Capital hired former Barclays Plc executive Takeo Ikemori to jointly lead its Japan business, as the alternative asset manager seeks to deepen ties with institutional investors in the country.
Apple Is Reinventing Itself as the World’s Biggest Subscription Provider
Also: MacBook Air runs into major shortages.
AI Is Now Power — and America’s Lead Is Shrinking
The stakes have never been higher for technology in politics, war and statecraft.
Watch Why Think Tanks are a Billion Dollar Business
Think tanks bring together experts and shape debates in Washington, but how do you measure the value of an idea? From the Aspen Institute to the Heritage Foundation, this episode explores the business of ideas, the billions of dollars behind America's leading think tanks, and how they measure success.
This Arctic Road Shows How Trump is Rewriting the Rules of Business
The federal government issued a permit for a road long in the making in exchange for a stake in a mining company.
Inside Tencent’s Failed Attempt to Take On ‘Grand Theft Auto’
Lightspeed’s Last Sentinel burnt through six years of development and hundreds of millions of dollars
Trump Rewrites Corporate Norms With Arctic Mining Deal
The federal government granted a permit to build a road through Alaskan wilderness. In exchange, it gets part of a mining company.
AI Will Make Our Politics Even More Emotional
Politics has always been about emotions as well as reason and self-interest. Great politicians such as Winston Churchill have been able to stir our most profound feelings. Great political moments such as Nelson Mandela’s walk to freedom from Robben Island have moved people to their core.
New York Will Regret Going Into the Grocery Business
The market, as I have noted before, is a small miracle. All these people come together — sellers, buyers, go-betweens — with different preferences, needs and resources, and they manage to come up with a price. The market clears, and everyone is better off.
BP Starts Process for Potential Sale of Its North Sea Business
BP Plc said it’s starting a process to market its North Sea business for a potential sale, as part of a wider review of the oil major’s portfolio.
Sony Raises Outlook After Entertainment Drives Earnings Beat
Sony Group Corp. raised its profit outlook after its lucrative content holdings generated continued growth, underscoring the entertainment group’s resilience in the face of rising component prices.
Apple’s Sales Disappoint in China Unit, Services Business
Apple Inc. sales grew slower than analysts anticipated last quarter in China and its services business, sparking concerns about two key markets.
Poland Likely Hit by Russian Missile, Premier Says
A Russian missile probably fell in the eastern part of Poland early morning on Thursday, Prime Minister Donald Tusk said.
How a Few Hundred Dollars Could Manipulate Election Prediction Markets
Touted as a truth serum for political forecasting, they’re vulnerable to distortion, sometimes at surprisingly low cost.
Biogen Beats Estimates as New Medicines Overtake MS Business
Biogen Inc. reported quarterly revenue and adjusted earnings that beat analysts’ expectations as sales of newly acquired kidney and eye-disease drugs helped offset declining revenue from multiple sclerosis medicines.
AI Is Bending the Rules of Brazilian Politics
Technology is reshaping election campaigns across the globe.
Private Equity Firm Unloads Mental Health Chain Into Muni Market
A Connecticut-based private equity firm plans to sell a chain of mental health centers and sober-living homes through a deal financed by municipal bonds.
US Consumer Confidence Falls on Worse Business, Labor Views
US consumer confidence fell in July as Americans’ views about current business conditions and the labor market deteriorated.
Apple Set to Make Big Smart Home Push With Siri AI at Center
Apple Inc., after spending years as a laggard in the smart home market, is preparing a dramatic new push into the category with fresh devices and software.
Samsung’s Galaxy Z Fold 8 ‘Passport’ Design Is the Next Big Smartphone Trend
Between the Fold 8 and Apple’s first folding iPhone, US consumers are about to see a lot more of this shorter, wider shape.
Germany’s Business Outlook Improves Despite Iran Uncertainty
Germany’s business outlook brightened for a third month, a sign of resilience to higher energy prices and geopolitical uncertainty.
Apple’s Smart Glasses Will Need to Overcome Meta’s Privacy Reputation
Company debated whether glasses will be able to record video.