Bloomberg Business

Ford Motor Co. is less profitable than its traditional competitors because it has a cost disadvantage of $7 billion to $8 billion annually, according to its top executives.

Billionaire Bernard Arnault’s LVMH lost the latest round in its court battle against French tax officials who raided the luxury-goods firm’s Paris headquarters to gather evidence for a case.

Money managers for the ultra-wealthy dumped beaten-down technology stocks during the fourth quarter, right before the market rallied in 2023, while their hedge fund counterparts took a different tack.

Germany is poised to increase its defense budget by as much as €10 billion ($10.7 billion) next year to help fund additional spending needs triggered by Russia’s war on Ukraine, according to people familiar with the plans.

For most executives in the industry, salary makes up only a small portion of their total compensation.

Turkish stocks soared on their return from a week-long suspension after authorities threw their full weight behind the market to avoid a repeat of last week’s rout.

Intel Corp.’s cratering stock has made its dividend yield the highest among large technology companies. With capital spending demands surging and the business bleeding cash, speculation is rampant on Wall Street that the payouts won’t last.

The tight US labor market during the last couple of years benefited the bold.

ASML Holding NV, a critical cog in the global semiconductor industry, accused a former China-based employee of stealing confidential information. It’s the second such breach linked to China in less than a year and threatens to fan political tensions.