Bloomberg Business

Two Flexport Executives to Leave After CEO’s Abrupt Exit

Flexport Inc. executives Teresa Carlson and Darcie Henry are leaving the company, both hired during the tenure of Chief Executive Officer Dave Clark, who unexpectedly departed on Wednesday, a person familiar with the matter said.

Gabon Junta Names Ndong Sima Transitional Prime Minister

Gabon’s military leader, Brice Oligui Nguema, appointed Raymond Ndong Sima as transitional prime minister, returning the economist to a position he held under deposed president Ali Bongo from 2012 to 2014.

Biobest to Buy Biotrop for €532 Million to Expand in Brazil

Biobest Group NV, a Belgian developer of biological crop-protection products, agreed to buy Biotrop Participacoes SA, a provider of biological and natural farming solutions in Brazil, for an enterprise value of about €532 million ($570 million).

Apple Warned by Top US Consumer Watchdog on Tap-to-Pay Tech

The US government’s top consumer watchdog, which is in the process of writing rules around the sharing of consumer financial data, warned tech giants about being overly restrictive in access to payments apps, taking a shot at Apple Inc.’s proprietary tap-to-pay technology.

FDIC Says Bank Profit Up Year Over Year, Deposits Down Slightly

A top US banking regulator painted a mixed but more stable picture of the industry at midyear following 2023’s early turmoil, while flagging potential risks from rising interest rates, tighter credit and a shaky office real estate market.

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