Bloomberg Business

Short-term Treasury yields once again advancing toward 5% hog the spotlight, but there’s another drama unfolding in a lesser-known corner of the US government bond market.

California regulators voted in favor of robotaxi operators expanding their paid driverless services in the city of San Francisco, a major milestone toward commercializing the technology.

Treasury Secretary Janet Yellen will next week advance the growing effort among administration officials looking to convince voters that Bidenomics is benefiting ordinary Americans, despite more than two years of punishing inflation.

Sagard Holdings, the alternative asset manager controlled by Canada’s billionaire Desmarais family, is working to boost sales of its private-asset funds to retail investors.

Lower crude prices and aging oil fields dragged down quarterly earnings for India’s state-controlled driller.

PayPal Holdings Inc.’s rolling out of a stablecoin will drive payments efficiencies and improve customer experience even though the adoption will likely be insignificant in the near term, according to Bank of America Corp. Key reasons behind this are the lack of crypto wallet compatibility, exchange trading pairs or new functionality, the firm added.

Yellow Corp. has drawn additional interest from potential financiers who are offering alternative bankruptcy financing for the short-haul trucking company that’s more affordable than a loan from lenders led by Apollo Global Management.

European natural gas prices posted their biggest weekly gain since June as jitters re-emerge about the continent’s ability to secure enough supplies ahead of winter.

Five months after being pulled into the rescue of Credit Suisse, UBS Group AG’s decision to break free of a government backstop is set to accelerate the historic takeover of its smaller rival.