Why One Startup Founder Turned Down a $1.1 Billion SoftBank Deal
Photographer: Namas Bhojani/Bloomberg Startups, when they raise venture money to build their businesses, begin with a Series A round and...
Wells Fargo’s CEO Search: Here Are Likely Outside Candidates
Bloomberg For more than two years, Wells Fargo & Co.’s board maintained an insider could reform the bank. Now that...
Trump Wants European Autos BMW, Mercedes to Be Made in America
Photographer: Krisztian Bocsi/Bloomberg President Trump has given European auto manufacturers a way to avoid an escalation of the trade war,...
Powell Signals Prolonged Fed Pause as Inflation Lags, Risks Loom
Andrew Harrer/Bloomberg Federal Reserve Chairman Jerome Powell said interest rates could be on hold for “some time” as global risks...
What Uber Really Gets From Selling a $1 Billion Stake
Photo by Elliott Brown via Flickr There’s more going on under the hood of a consortium’s planned $1 billion investment...
Trump Car Tariffs Would Hurt Global Growth, EU’s Malmstrom Warns
Cecilia Malmstrom Photographer: Andrew Harrer/Bloomberg U.S. tariffs on car imports would deal a blow to the global economy and Europe...
PSA Group Plots Comeback in North America With Peugeot Cars
Krisztian Bocsi/Bloomberg With the auto industry in retreat and U.S. President Donald Trump threatening new tariffs on European cars, France’s...
Daimler Joins BMW in $1.1 Billion Mobility Bet to Rival Uber
Photo by Peter Hennrich via Daimler Daimler AG and BMW AG are pouring more than 1 billion euros ($1.13 billion)...
