Bloomberg Business

Martha’s Vineyard, Massachusetts, project that will power 400,000 homes makes progress amid industry turmoil

US employment increased at a solid pace in July while wages rose at a faster-than-expected clip, consistent with sustained labor demand that’s at the root of renewed momentum in the economy.

Alphabet Inc.’s Google will face a scaled-down antitrust suit over its search business after a federal judge threw out some allegations by state attorneys general.

Yellow Corp. is considering a sale of assets and real estate through a bankruptcy filing, which may come as soon as this weekend, according to people with knowledge of the situation.

JPMorgan Chase & Co. economists scrapped their call for a recession in the US, joining a growing number of forecasters who now expect the economy to avert the downturn that was once viewed as inevitable.

A $60 million Silicon Valley Bank loan to Clearco is being scooped up by the struggling Canadian e-commerce lender’s original venture backers, according to people with knowledge of the matter.

Party City Holdco Inc. is considering splitting up its balloon manufacturing and retailing businesses as the latter charts a course out of bankruptcy, according to people familiar with the situation.

India backtracked Friday on its sudden plan to curb laptop and tablet imports without a license, giving companies three months to secure the permits.