Bloomberg Business

Twitter Inc. won the dismissal of a lawsuit claiming Elon Musk’s mass layoffs forced a disproportionate number of women to leave the company.

Lawyers representing JPMorgan Chase & Co. in a lawsuit accusing it of benefiting from Jeffrey Epstein’s sex trafficking accused an attorney for an Epstein victim of “gamesmanship” in trying to disqualify the bank’s legal team from the case at the 11th hour.

A Republican senator accused President Joe Biden of “mortgaging our country’s financial health” by extending a pause in student loan payments while he pursues a plan to cancel some of the loan debt, though he acknowledged his measure to block the proposal does not have the votes.

Australia is headed for its first budget surplus since 2008 as windfall tax revenue from a fully employed economy and elevated commodity export prices combine to swell the government’s coffers.

Cotton production in top grower China could decline this year after frigid weather delayed sowing and hurt plants in some areas, and acreage dropped as some farmers followed government advice and switched to grain.

China is at a impasse in terms of restructuring debts owed to it by developing nations in distress even after the World Bank made additional efforts to provide ultra-low interest loans and grants to those countries, the anti-poverty lender’s chief said Monday.

Bill Gross, the former chief investment officer of Pacific Investment Management Co., recommended buying short-term Treasury bills, expecting the debt-ceiling issue eventually gets resolved.

The top Democrat on the House China committee said he wants to keep a bipartisan approach, even as relations between the parties grow more fractious with the approach of the 2024 elections.

The UK is raising pressure on financial regulators to do more to boost growth, as Prime Minister Rishi Sunak faces criticism of the country’s business climate.

UK retail sales increased at a steady clip for the second month, indicating households are absorbing higher prices by adjusting their spending habits, the British Retail Consortium said.