Bloomberg Business

(Bloomberg) — Republican Georgia Secretary of State Brad Raffensperger is calling for an end to runoff elections in the state, saying counties struggled to meet deadlines during the newly truncated balloting that ended in a US Senate victory for Democrats last week. 

Global Infrastructure Partners is among investors weighing a bid for a stake in Telecom Italia SpA’s multi-billion-euro network, in a move that would buttress Italy’s plan to build a state-controlled ultra-broadband grid, people familiar with the matter said.

New York City’s business districts would get a makeover under a blueprint unveiled Wednesday, with recommendations to convert office space to residential areas, make outdoor dining permanent and improve transit.

US lawmakers don’t need to reinvent the wheel as they consider legislation after the collapse of Sam Bankman-Fried’s FTX crypto empire, the head of the Senate Banking Committee said.

Bahamian court officials scuffled with US-based bankruptcy lawyers over the remains of Sam Bankman-Fried’s crypto empire Wednesday, exacerbating a key tension hanging over the downfall of FTX.

Consumers hit by rising prices for both holiday protein staples. 

The stakes couldn’t be higher for Federal Reserve Chair Jerome Powell after a soft inflation report Tuesday supercharged an easing of financial conditions that had already been underfoot.

MTN Group Ltd. is considering divesting some of its smaller operations in West Africa as its focuses on core markets, people familiar with the matter said.

(Bloomberg) — The great SPAC crash is closing out the year in dramatic fashion as more shareholders prepare to cash out of the speculative-investing industry for good.