Bloomberg Business

Biden Touts Billions for Broadband in Economic Pitch to Voters

President Joe Biden unveiled plans for allocating nearly $42.5 billion to build out high-speed internet networks, touting it as a way his administration aimed to help all Americans — even those who did not vote for him — ahead of his 2024 reelection bid.

VW, Mercedes Suffer Blow in German Legal Fight Over Diesel

Volkswagen AG and Mercedes-Benz Group AG suffered another blow in the long-running litigation over customers’ right to payouts when their diesel cars were equipped with rule-breaking software to sidestep anti-pollution systems.

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