Bloomberg Business

US Business Lobby Backs Biden China Efforts While Urging Caution

The biggest US business lobby group urged Washington to take “targeted and responsible steps” to restrict Chinese access to sensitive technologies that could undermine national security, yet cautioned not to see all interactions as a threat.

Phoenix Suns’ New TV Deal Struck Down by Federal Judge

A judge voided the Phoenix Suns’ recently announced deal to change its local television broadcaster, ruling the agreement violated the rights of its current broadcast partner: the bankrupt owner of the Bally Sports brand of local sports channels.

Wildfire Latest: Alberta Preparing for Warmer, Drier Weekend

While the number of fires and evacuees across Canada’s top energy-producing province continues to decline, officials are preparing for a possible resurgence of the blazes when warmer, drier weather moves into the area this weekend.

Facebook Must Face Privacy Suit Over Cambridge Analytica

A judge ruled Facebook founder Mark Zuckerberg and former directors of the social-media company must face claims they turned a blind eye to rampant privacy violations, including allowing a firm hired by Donald Trump’s 2016 presidential campaign to collect data on millions of users.

Airbnb Tumbles After Giving Muted Travel Outlook

Airbnb Inc. shares fell the most in six months Wednesday after the vacation home-rental company gave a cautious outlook for revenue, suggesting rising prices and a murky economic outlook are beginning to weigh on consumer appetite for trips.

Close Bitnami banner
Bitnami