Bloomberg Business

Sweetgreen Shares Jump as Return-to-Office Traffic Spurs BofA Upgrade

Sweetgreen Inc. shares jumped 15% Thursday, the largest one-day gain in more than a year, after Bank of America Corp. upgraded the stock to buy from neutral and raised its price target to $17 from $9, signaling confidence in the salad chain’s growth as workers return to the office.

Biden Set to Send Cluster Munitions to Ukraine Despite Concern

President Joe Biden has agreed to send cluster munitions to Ukraine, fulfilling a request from President Volodymyr Zelenskiy despite concern from arms control groups and human rights activists about the potential harm to civilians.

Roivant Attracts Interest for $7 Billion-Plus Bowel Drug

Roivant Sciences Ltd. is attracting interest from large pharmaceutical companies for its treatment for inflammatory bowel disease, which could be worth more than $7 billion, according to people familiar with the matter.

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