Bloomberg Business

Automakers had their worst year of UK sales in three decades, with only electric vehicles providing a bright spot.

(Bloomberg) — Lawyers for Steve Bannon urged a federal judge to sanction the Justice Department lawyers who prosecuted the former presidential adviser, arguing that the government’s invasive search of the private communications of one of Bannon’s lawyers amounted to misconduct.

Hong Kong will lift a ban on importing hamsters for sale around the middle of this month, a year after the city ordered a culling of the furry mammals and shut down all pet shops selling them to eliminate the Covid-19 virus.

Johnson & Johnson submitted its plan to spin off its consumer health business in the first significant filing of the new year for a US initial public offering.

(Bloomberg) — Exxon Mobil Corp., the largest US oil company, said lower oil and natural gas prices had a negative impact on fourth-quarter earnings of about $3.7 billion compared with the preceding three months.

(Bloomberg) — JPMorgan Chase Bank NA will have to face a lawsuit by a unit of the French maker of Ray-Ban glasses that claims the bank ignored suspicious transactions as cybercriminals drained $272 million from its New York bank account.

Rick Singer, the college-admissions consultant at the heart of the “Varsity Blues” scandal in which wealthy parents paid bribes to get their kids into elite universities, was ordered by a judge to serve 3 1/2 years in prison.

Chicago and its suburbs are taking new steps to lure companies to the region after high-profile corporate departures rocked the city last year.

UK business confidence is lingering near the lows it touched in the coronavirus pandemic as companies braced for falling profit during a recession in 2023, the British Chambers of Commerce said.

(Bloomberg) — A self-described fan of Tesla Inc. said he was behind an application to extend the automaker’s trademark for use in boats and planes.