Bloomberg Business

The UK electricity grid faces record costs this year for payments to power stations for cranking up output to help balance supply and demand in the face of Europe’s energy crisis.

For generations, members of one family have died of ALS. A Biogen treatment could break that chain — and escalate a fight over who gets to take experimental drugs, and when.

When India launched its first state-backed investment fund in 2015, the project was met with great enthusiasm. Officials hoped to raise billions of dollars to improve the nation’s infrastructure and attract foreign manufacturers, angling for the success of funds started in places like Singapore.

LastPass, a password management service, announced on Thursday that hackers stole encrypted copies of customer passwords and other sensitive data such as billing addresses, phone numbers and IP addresses.

(Bloomberg) — Former Defense Secretary Mark Esper testified that he and others had to dissuade then-President Donald Trump from using active-duty military troops to quell the racial protests breaking out in the summer of 2020.

(Bloomberg) — Competition among India’s biggest local-currency bond arrangers has heated up to the most intense in 13 years, as credit growth stronger than in many other major economies spurs more rupee debt offerings.

(Bloomberg) — 3M Co. can’t shift responsibility for more than $300 million in damages awarded to veterans over defective combat earplugs to a unit that filed for bankruptcy, a judge ruled.

(Bloomberg) — A dangerous form of strep A may be on the rise in children, adding another infection for pediatricians to worry about this winter.

(Bloomberg) — Mexico’s Finance Ministry plans to renew in February its inflation pact with big businesses that aims to contain the cost of basic goods by removing import barriers and red tape, according to people familiar with the matter.

(Bloomberg) — Nothing about Scott Minerd was typical Wall Street.