Bloomberg Business

Apple Inc. has a moonshot-style project underway that dates back to the Steve Jobs era: noninvasive and continuous blood glucose monitoring.

(Bloomberg) — The US Justice Department is investigating Google’s dominance in mapping, reviving a thread of its long-running antitrust investigation into the search giant, according to three people familiar with the probe.

Wells Fargo & Co. cut hundreds of jobs in its mortgage unit this week, adding to thousands of cuts last year, as the firm retreats from a business it once dominated.

Federal Reserve Bank of New York President John Williams said it’s critical the US central bank remain committed to its 2% inflation goal, and emphasized monetary policy must bring supply and demand into better balance to lower inflation.

Star Entertainment Group Ltd. said it had raised A$800 million ($545 million) in fresh equity, giving the embattled Australian casino operator breathing room as it confronts tighter regulation and potentially higher taxes.

New Zealand’s central bank would need to see a significant upside inflation surprise to return to more aggressive interest-rate hikes, Governor Adrian Orr said.

Years after Paul Singer’s Elliott Management Corp. launched bitter battles against Samsung and Hyundai Motor, South Korea is warming to a new face of shareholder activism — one that’s local, vocal and young.

President Joe Biden said Vladimir Putin had made the world less safe by suspending participation in the New START nuclear treaty, but added he does not believe it signals the Russian leader will use nuclear weapons.

Lucira Health Inc., a publicly traded maker of at-home Covid-19 tests, filed for Chapter 11 bankruptcy on Wednesday.

Ritchie Bros Auctioneers Inc.’s chief executive officer took aim at one of the company’s largest investors, saying Luxor Capital Group’s opposition to a planned acquisition is based on “aggressive forecasts” and faulty math.