Author: Bloomberg News

Twitter Inc.’s shares slid after Elon Musk decided not to join its board, a stunning twist to a weeklong saga that has captivated the tech community and touched off renewed speculation about the company’s future.

Congressional Democrats excoriated executives from some of the world’s biggest oil companies on April 6, accusing them of exploiting the war in Ukraine and a surge in crude prices to secure windfall profits.

Plus is considering listing its non-China businesses in a U.S. initial public offering, according to people familiar with the matter, after the self-driving-truck startup scrapped a merger with a blank-check company.

Recent proposals from Alphabet Inc., Amazon.com Inc. and Tesla Inc. tell us one thing: Stock splits can spark big rallies as retail traders pile in.

Prices for some of the world’s most pivotal products — foods, fuels, plastics, metals — are spiking beyond what many buyers can afford. That’s forcing consumers to cut back and, if the trend grows, may tip economies already buffeted by pandemic and war…

President Joe Biden’s budget release on March 28 is shaping up as a direct appeal to moderate Democrats, emphasizing deficit reduction and flexibility on social spending as the White House hopes to win support for new legislation before November’s midt…

Companies will need to reveal detailed information about their greenhouse gas pollution under a proposed U.S. Securities and Exchange Commission plan, marking a major shift in how corporations must show they are dealing with climate change.

Canadian Pacific Railway Ltd. has issued a 72-hour notice to the Teamsters Canada Rail Conference of plans to lock out employees early March 20 if the union’s leadership and the company fail to negotiate a settlement or agree to binding arbitration.

Magdeburg in the former East Germany is famous for its towering Gothic cathedral, and not a lot else. It’s now about to play a key role in U.S. and European efforts to tilt the global balance of power.

Greenbriar Equity Group is exploring a sale of BDP International that could value the logistics company at more than $1.5 billion including debt, people with knowledge of the matter said.