Bloomberg Business

A new class of long-range EV batteries is heading to production as automakers race to replace Chinese graphite with US silicon.

Turkey is loading up on millions of barrels of diesel from Russia that European Union countries can no longer buy.

The billionaire Lauder family has been all-in on Alzheimer’s research since 1998, when brothers Ronald and Leonard set up the Alzheimer’s Drug Discovery Foundation as their mother Estee battled the disease.

A leaner Meta Platforms Inc. is impressing Wall Street, with analysts turning more bullish as cost cuts coupled with stabilizing advertising trends make the Facebook owner’s stock look more durable in a looming economic slowdown.

Virgin Orbit Holdings Inc. filed for bankruptcy after the satellite launch firm tied to British billionaire Richard Branson failed to secure the funding needed to keep operating and cut about 85% of its staff.

Millennials and immigrants are bearing the brunt of the Bank of Canada’s aggressive interest-rate hikes. But baby boomers who own their homes outright aren’t likely to be feeling the pinch.

(Bloomberg) — South Carolina’s workplace safety agency “engages in egregious discrimination,” by failing to inspect industries with high percentages of Black workers, a union alleged in a federal complaint.

Axel Lehmann was narrowly reelected as the last chairman of an independent Credit Suisse Group AG and shareholders rejected the compensation for the executive board, at the end of an emotional final annual meeting for the Swiss lender.

OPEC’s surprise decision to slash oil production stands to enrich an unexpected cohort: US shale drillers.