Central Banks Across Latin America Get Welcome Inflation News
Inflation slowed more than expected in Mexico and Chile last month, in a sign that Latin American policymakers are finally getting soaring consumer prices back under control.
Bloomberg Business
US’s $96 Billion Intercontinental Missile Is at Risk for a Year’s Delay, GAO Confirms
The Pentagon faces a delay of at least a year in its timetable to deploy the new $96 billion intercontinental ballistic missile that’s central to modernizing the US nuclear arsenal, according to the Government Accountability Office.
Jack Daniel’s Wins Round at Supreme Court in ‘Bad Spaniels’ Dog Toy Trademark Fight
The US Supreme Court revived a lawsuit by the maker of Jack Daniel’s in a trademark clash over a chewable dog toy designed to mimic the iconic whiskey bottle.
Turkey’s New Finance Czar, Top Bankers Plan to Meet Next Week
Turkey’s new Treasury and Finance Minister Mehmet Simsek and top banking executives plan to meet next week for the first time, said people with knowledge of the matter.
Wildfires Trigger Air Quality Warnings Across US East
The worst Canadian wildfire season in recorded history spread an orange haze from Massachusetts to South Carolina and as far west as Missouri, threatening to disrupt flights and forcing millions to mask up or stay inside. Bloomberg’s Brian Sullivan and Michael McKee report.
Loans Trade Group Looks Past SEC to More Sympathetic Agencies
A trade group representing the $1.4 trillion leveraged loan market is urging US Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell and other agency heads to back the status quo of excluding loans from securities laws.
UK Labor Market Loosens With More Returning to Workforce
Britain’s red-hot labor market cooled last month with the supply of workers expanding at the quickest pace in 2 1/2 years, a closely watched survey showed.
Dismal Sales Undercut Carmakers Pushing Hydrogen Fuel Cells
Toyota Motor Corp. and Hyundai Motor Co. have put their weight behind hydrogen fuel-cell vehicles in the push to reach net zero emissions, but dismal sales suggest customers remain extremely wary.
Uber Will Let You Rent Out Your Car in Sustainability Push
Uber Technologies Inc. will make it possible to rent out your car on its app, with a peer-to-peer car-sharing service aimed at making its ride-hailing business more sustainable.
Kay Jewelers Owner Falls After It Slashes Annual Outlook
The owner of Kay Jewelers and Zales slashed its outlook for the remainder of the fiscal year as shoppers rein in their spending on jewelry and other discretionary items.
