Bloomberg Business

Intel Corp. shares jumped after the embattled chipmaker promised a recovery in the second half, leading investors to look past a disappointing profit-margin forecast in the current quarter.

A quant fund sued a “special” trader in London to prevent him from joining a rival firm too soon, to protect secrets that are the “lifeblood of its business” and worth hundreds of millions of dollars.

The Biden administration on Friday issued an emergency waiver to enable widespread sales of higher-ethanol E15 gasoline this summer, following a strategy used to help pare high pump prices last year.

With five floors of insect incubators, Innovafeed’s newly expanded plant in France can produce 15,000 tons of insect protein per year.

April saw the leveraged finance market spring back into life, as borrowers seized on calmer markets and pent-up investor demand to do deals.

First Republic Bank plunged to a record low as investors sorted through rescue scenarios, none of which is likely to be good for current shareholders.

The slowdown in euro-zone inflation probably reversed course this month while an underlying measure may have weakened, presenting the European Central Bank with conflicting signs just before its key decision.

France and India are preparing for a visit by Prime Minister Narendra Modi to Paris after President Emmanuel Macron invited him to be the guest of honor at France’s National Day parade on July 14, officials familiar with the matter said.

First Republic Bank shares were halted repeatedly after dropping as much as 50% following a report from CNBC that the most likely outcome of rescue talks is for the Federal Deposit Insurance Corp. to take the lender into receivership.

Former Treasury Secretary Lawrence Summers criticized Washington regulators and US banking giants for not having already figured out a solution for the beleaguered lender First Republic Bank.