Bloomberg Business

Warburg Pincus promoted Jeffrey Perlman to president, part of a succession plan that shifts Timothy Geithner to chairman of the private equity firm.

Concerns of a credit crisis have receded. But a wave of corporate bankruptcies is building now that an era of easy money has come to an end.

Music mogul Sean “Diddy” Combs accused Diageo Plc of unlawful retaliation after the UK company moved to sever ties between them, extending his legal feud with the world’s biggest spirits company.

A strike that paralyzed trade out of Canadian west coast ports was declared unlawful hours after it resumed upon the union’s rejection of a tentative deal.

Abu Dhabi National Oil Co., the energy giant seeking to expand its chemical operations through a series of ambitious deals, has boosted its takeover offer for Covestro AG to about €11 billion ($12.4 billion), people familiar with the matter said.

Netflix Inc., which reports second-quarter financial results Wednesday after markets close in the US, stopped offering its lowest-priced commercial-free plan at home and in the UK.

Five minutes with the program director at 4 Day Week Global on trials, opt-outs, shorter schedules and his own work philosophy.

US regional banks are shrinking their balance sheets to strengthen capital and improve liquidity as heightened interest rates and an anticipated tightening of regulations loom over the sector.

Deutsche Bank AG will pay a $186 million penalty after a Federal Reserve investigation found that it failed to put in place sufficient measures to prevent money laundering after earlier violations.

Apple Inc. is quietly working on artificial intelligence tools that could challenge those of OpenAI Inc., Alphabet Inc.’s Google and others, but the company has yet to devise a clear strategy for releasing the technology to consumers.