Bloomberg Business

Kari Lake, an ardent supporter of Donald Trump who refused to concede her defeat in Arizona’s 2022 gubernatorial contest, is running for the US Senate.

Boaz Weinstein sweetened his bid for Sculptor Capital Management Inc., boosting his price and conceding to so-called client-consent terms that had become a sticking point with the hedge fund firm. The shares jumped more than 7%.

Paramount Global is considering scrapping plans to launch its Paramount+ streaming service in India this year in favor of a deal with existing partners, according to people familiar with its strategy.

(Bloomberg) — X Corp., formerly known as Twitter, must pay $1.1 million in legal fees racked up by a group of the social-media platform’s former top executives, a judge ruled.

Malaysia is counting on its plan to cut subsidies next year to help narrow the budget deficit, giving the government room to avoid resorting to “too many taxes,” according to Economy Minister Rafizi Ramli.

Washington’s restrictions on advanced semiconductor exports to China are similar to the petroleum ban it imposed against Japan prior to the outbreak of war in 1941, according to Ray Dalio, founder of Bridgewater Associates.

Intel Corp. plans to turn its programmable chip division into a standalone business and sell shares to the public or seek an investor for it, part of Chief Executive Officer Pat Gelsinger’s efforts to wring more value from the semiconductor company.

The Securities and Exchange Commission is pushing ahead with its litigation against Coinbase Global Inc., raising the stakes further in the case against the biggest US crypto exchange.

Kevin McCarthy’s temporary replacement as US House leader is one of the ousted speaker’s most trusted lieutenants, Patrick McHenry.

Across the quant-investing landscape, Wall Street traders are starting to worry about the balance-sheet health of Corporate America just as blue-chip borrowing costs soar to the highest since 2009.