Bloomberg Business

Chicago is suing Bayer AG’s Monsanto and Univar Solutions Inc. for polluting the city’s water, air and soil with chemicals the companies knew were harmful to humans.

Stocks retreated, while bond yields climbed alongside the dollar, with the Federal Reserve signaling interest rates will be higher for longer after deciding to stay on hold in September.

From self-service kiosks and cocktail-making machines to reduced housekeeping, hotels have learned to embrace leaner staff.

After President Xi Jinping tore up the Communist Party rulebook to promote key loyalists last year, some China watchers expected his new team to operate more smoothly in tackling China’s biggest challenges.

Alphabet Inc.’s Google can’t invoke claims of bias by a top US Justice Department official in defending itself against a government lawsuit claiming the company maintains a monopoly in the market for online advertising technology, a federal judge ruled.

The Fed’s decision to hold rates at its target range of 5.25% to 5.50% was one of the central bank’s best decisions in a while, DoubleLine Capital’s Jeffrey Gundlach told CNBC in an interview following the Federal Open Market Committee’s post-meeting statement.

The Federal Reserve left its benchmark interest rate unchanged while signaling borrowing costs will likely stay higher for longer after one more hike this year.

Royal Bank of Canada pushed ahead with a round of job cuts in its capital markets operations, part of broader reductions announced in August that may climb above 1,000 positions and are aimed at helping the bank deal with a challenging economic environment.