Bloomberg Business

BP Plc Chief Executive Officer Bernard Looney has resigned effective immediately over the failure to fully disclose past relationships with colleagues.

Bankrupt cryptocurrency lender Genesis Global Holdco LLC sued its parent, Digital Currency Group, seeking to recover about $620 million in outstanding loans despite ongoing settlement talks.

T-Mobile US Inc. said it would buy airwaves from Comcast Corp. for between $1.2 billion and $3.3 billion in cash and expects to close the purchase by 2028, pending approval from the US Federal Communications Commission.

The luxury armored train carrying North Korean leader Kim Jong Un crossed into Russia ahead of his summit with President Vladimir Putin, which the US said would focus on supplying weapons for Moscow’s war on Ukraine.

United Airlines Holding Inc.’s top executive said that a US plan under consideration to better reimburse stranded air passengers for delays and cancellations would threaten the long-standing safety “bedrock” of the industry.

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Deutsche Bank AG decommissioned 60% of the underlying applications the firm uses to run its fixed-income trading business as it seeks to rein in costs.

Senate Majority Leader Chuck Schumer is planning a bipartisan trip to China, Japan and South Korea, an aide to the New York Democrat confirmed Tuesday.

A rout in technology companies dragged down the stock market, with traders gearing up for a key inflation report that’s expected to bring more insights on the outlook for the Federal Reserve’s next steps.