Bloomberg Business

Subway is exploring a potential sale that could value the sandwich chain at more than $10 billion, according to a person familiar with the matter.

(Bloomberg) — A federal regulator has certified an upstart union’s election victory last year at an Amazon.com Inc. facility in New York — a ruling that the company intends to keep fighting.

Stripe Inc. has reduced its internal valuation by about 11%, at least the third time since June that the US payments startup has lowered its own view of its share price, The Information reported, citing a person familiar with the matter.

If being unpopular was disqualification for a trial, Elon Musk wouldn’t face a jury anywhere in the US – and maybe the world, according to lawyers suing him in San Francisco.

Verily, Alphabet Inc.’s life sciences unit, is cutting 15% of jobs as it eliminates some programs and streamlines operations.

A proposal in Los Angeles to construct an elevated gondola system to carry people between Union Station and Dodger Stadium cleared a legal hurdle when a judge rejected a charitable group’s bid to block the project.

Australia is on track to record a fifth consecutive year of trade surpluses as November data showed ongoing strength in metals shipments, driven by higher prices.

New Zealand brewers face a summer squeeze on beer production and the risk of higher costs as the nation’s only maker of food-grade carbon dioxide remains closed.

The yuan’s swift rise on China reopening bets is starting to look stretched for some market watchers, with near-term economic growth likely to be weak and supportive seasonal factors starting to wane.

National Transportation Safety Board Chairwoman Jennifer Homendy is raising concerns about the heft and girth of electric vehicles that carmakers are pumping out to meet growing demand and emissions regulations.