Bloomberg Business

The central argument for buying shares in highly valued Big Tech companies this year — unmatched prowess in generating earnings — is starting to look prescient.

The US Supreme Court rejected one of several pending challenges to New York’s decades-old rent-control system.

TalkTalk Telecom Group Ltd. is selling its business-to-business division to a special-purpose vehicle controlled by the broadband provider’s main shareholders as the British telecommunications firm implements a plan for its breakup.

Commercial real estate prices are seen declining until the second half of 2024 or longer.

The US Supreme Court rejected a challenge to the country’s largest guest-worker program, which lets more than 100,000 people work temporarily in the US after getting their degrees.

Former CNN chief Jeff Zucker is buying a minority stake in online publisher Front Office Sports, injecting capital that management will use to accelerate its expansion beyond a popular daily newsletter.

Rivian Automotive Inc. disappointed investors by maintaining its full-year guidance even as production and deliveries in the third quarter exceeded Wall Street expectations.

Bain Capital and Cinven have lined up banks to help them weigh options for Stada Arzneimittel AG, including a potential sale of the German drugmaker, people with knowledge of the matter said.

The impacts of drought are on Bloomberg Green’s radar today.