Bloomberg Business

Deloitte plans to cut about 1,200 jobs in the US, or roughly 1.4% of its workforce there, responding to a slowdown in the consulting business that has created uncertainty among current and prospective employees.

Ryan Garcia wants to dodge the web of boxing promoters, managers and broadcasters and bring big fights back into the mainstream.

The Pill Club, a birth control and telehealth provider backed by an affiliate of venture financing firm TriplePoint Capital LLC, went bankrupt after California authorities accused the startup of fraudulently billing the state’s Medicaid program for contraceptives customers didn’t order and counseling sessions it never provided.

Battered regional banks got a vote of confidence from the one-time king of the bond world.

Investor speculation that the Federal Reserve will cut rates soon continues to support stock prices, a strategy fraught with risk because it means “things actually are weak,” Lisa Shalett at Morgan Stanley said on Bloomberg Surveillance.

A swathe of major UK companies, ranging from banks to supermarkets, have resigned from the Confederation of British Industry as the lobby group fights for survival following a number of allegations of sexual assault among its staff.

UK Deputy Prime Minister Dominic Raab resigned after an independent investigation criticized his treatment of civil servants, the result of a months-long saga that cost Prime Minister Rishi Sunak a key ally and undermined his pledge to restore professionalism to the government.

President Alberto Fernandez said he won’t run for reelection as Argentina faces over 100% inflation, upending a race within the ruling Peronist coalition to pick a candidate ahead of October elections.

Thinning profits at Tesla Inc. and signs of broader weakness in the US auto industry are sending ominous signals for the US economic outlook.