Bloomberg Business

Virginia Governor Glenn Youngkin said he’s ready to pitch a new stadium in the state to whoever ends up buying the NFL’s Washington Commanders.

Eisai Co. surged the most in more than three months after winning initial US regulatory clearance for lecanemab, the first treatment seen to slow the advance of brain-wasting Alzheimer’s disease.

(Bloomberg) — Speaker Kevin McCarthy passed the first test of his House leadership as Republicans backed a new set of rules for how the chamber operates, including one that will make it easier for dissidents to challenge him.

Virginia Governor Glenn Youngkin, who ran one of the nation’s biggest investment firms before he took office, said ESG investing is under fire because it has morphed from a philosophy for picking stocks into a weapon for penalizing companies that don’t make the cut.

Policymakers in Europe and the US are racing to counteract early Chinese dominance of electrolyzers, a key piece in the next generation of clean energy.

Tom Fanning — the longtime leader of Southern Co. who pushed to build the first new US nuclear reactors in decades despite billions of dollars in cost overruns and years of delays — will retire as chief executive officer shortly after that project is finally scheduled to start operations.

(Bloomberg) — Jefferies Financial Group Inc. said profit fell 57% in the fiscal fourth quarter, amid a persistent deal slump that looks poised to crimp a key profit engine across Wall Street. 

(Bloomberg) — Apple Inc.’s push to replace the chips inside its devices with homegrown components will include dropping a key Broadcom Inc. part in 2025, according to people familiar with the situation, dealing a blow to one of its biggest suppliers. 

(Bloomberg) — UK Health Secretary Steve Barclay told union officials he was open to backdating the next pay rise for health workers in a meeting Monday aimed at halting strikes that are crippling Britain’s public services, according to people briefed on the talks.

Jair Bolsonaro’s presence in the US has turned into a diplomatic quandary for President Joe Biden after supporters of the former Brazilian leader stormed government buildings over the weekend.