Bloomberg Business

Virgin Galactic Holdings Inc. sent paying customers to the edge of space for the first time, a milestone for the Richard Branson-founded company almost two decades in the making.

A New York City broker was charged over an insider trading scheme that involved a friend stealing sensitive merger information from the laptop of an executive assistant at an investment bank.

Noubar Afeyan became a billionaire backing Moderna Inc., the dark horse biotech firm that became a household name due to its lifesaving Covid vaccine. He just added to his fortune after another one of his long-shot bets quintupled in value.

Rising US hostility toward China surfaces in Middle America

Pressure to reduce medicine prices in major economies including the US could force pharmaceutical companies to cut spending on scouting and developing novel therapies, said the head of Asia’s largest drugmaker.

A gauge of Australia’s technology shares has advanced 20% so far in the second quarter, outperforming peers in the US and Asia as expectations of near-peak interest rates added to the artificial intelligence-driven momentum in the sector. A rotation from finance shares into technology firms also helped the S&P/ASX 200 Information Technology Index to be on track for its best three months since Dec. 2020.

Matching people with jobs is a bit like pairing people with clothes, according to the first female foreign board director of Recruit Holdings Co., owner of Indeed.com, the world’s biggest employment portal.

Savers Value Village Inc. gained 27% in its trading debut, making its $401 million initial public the lone bright spot in a key test of the US market that delivered otherwise disappointing results.

Airbnb Inc. said demand for short-term rentals is strong, rejecting data presented in a viral tweet that suggested revenue for property owners in some US cities was down nearly 50%.