Bloomberg Business

The US sanctioned two people in a new bid to constrict the Lazarus Group hacking collective, with recent data suggesting the North Korea-linked cryptocurrency thieves are more active than ever.

Bed Bath & Beyond Inc.’s bankruptcy has netted more than a billion in paper profits for skeptics who bet against the big-box retailer, while amateur investors have been left holding a nearly empty bag.

Chrystia Freeland, Canada’s deputy prime minister, said her government is closely watching Glencore Plc’s unsolicited $23 billion offer to buy Canadian miner Teck Resources Ltd., indicating the deal has caught the attention of top policymakers.

Bed Bath & Beyond Inc.’s liquidation plan may weigh on one source of US retail profits in the short term as the market is inundated with liquidated home and baby products — but it leaves a long-term prize of about $5 billion in annual revenue for competitors.

German authorities are probing EnBW Energie Baden-Wuerttemberg AG over whether the utility abused its position in the power market in 2021 to hike electricity prices.

Tony Ressler, the billionaire co-founder of Ares Management and Atlanta Hawks owner, said he’s undeterred by the recent property downturn and is moving forward with his partners to transform downtown Atlanta by turning a vacant railyard into a $5 billion mix of hotels, restaurants and offices.

The Confederation of British Industry may not survive a scandal triggered by rape claims among staff, its president said, as he acknowledged that the business group had failed to dismiss “abhorrent” employees who’d harmed their colleagues.

Security advisers from the North Sea nations agreed to work out a pact to jointly protect critical sub-sea gas pipelines and power cables, telecoms connections and wind farms.