Bloomberg Business

Blackstone Inc. lost a bid to end rent stabilization at Manhattan’s largest apartment complex, after a judge ruled in favor of tenants at Stuyvesant Town-Peter Cooper Village.

President Joe Biden will travel to Atlanta next Sunday to speak at Ebenezer Baptist Church, home to a political ally in the US Senate and the place where Martin Luther King Jr. preached.

The world economy looks to be transitioning to a more difficult era where interest rates will be higher, geopolitical tensions greater and uncertainties more pronounced.

The Seattle city school district filed a novel lawsuit blaming Big Tech for poisoning youth with social media addiction, saying the schools can’t fulfill their educational mission while students are suffering from anxiety, depression and other psychological troubles.

Dealmakers caution not to expect a quick rebound in US health-care mergers and acquisitions after the second-biggest slump since 2000.

Richard Branson’s Virgin Orbit Holdings Inc. said it’s on course for Britain’s first-ever space launch as final preparations for the mission proceed as planned following earlier delays.

More than 500,000 homes and businesses were without power across California as the state braced for another week of heavy rain, high winds and potential floods, with the worst weather set to arrive Monday into Tuesday.

(Bloomberg) —

South Africa’s governing African National Congress is intent on turning itself around and addressing voter disillusionment over poor government services and high levels of crime, poverty and unemployment, President Cyril Ramaphosa said.