Bloomberg Business

Lightfoot Is First Chicago Mayor to Lose Reelection in 40 Years

Chicago Mayor Lori Lightfoot lost her reelection bid on Tuesday after failing to overcome voter dissatisfaction with rising crime, several high-profile corporate departures and the city’s slow economic recovery from the pandemic.

Nigeria Announced Presidential Election Final Results. Who Is the Winner?

Millions of Nigerians voted over the weekend for a new president to succeed Muhammadu Buhari, whose eight-year rule of  Africa’s most populous nation saw the economy fall into a fiscal crisis and insecurity become increasingly rife. The election was beset by delays, reports of violence in some areas and glitches with a new electronic results transmission system.The three main candidates — Bola Ahmed Tinubu of the ruling All Progressives Congress, Atiku Abubakar of the main opposition

Tesla to Invest $5 Billion in Mexico Plant, Official Says

The electric vehicles plant that Tesla Inc. will establish in Mexico will require around $5 billion in investment, a government official said, providing a first official estimate on the cost of the project.

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