Bloomberg Business

Space Exploration Technologies Corp. plans to advocate to the US Congress on Wednesday for a multiyear extension of a ban on imposing safety regulations on commercial human spaceflight.

Semiconductor stocks slipped on Tuesday after the US announced sweeping updates to export curbs designed to block China’s access to advanced computer chips, changes that will restrict the sale of semiconductors that Nvidia Corp. designed specifically for the Chinese market.

Bank of America Corp. Chief Executive Officer Brian Moynihan said the lender plans to again double its team of investment bankers focused on middle-market clients, after kicking off a push in that business to help counter a broader deal slump.

Traders who bet on corporate mergers and acquisitions are boosting their wagers on a slew of proposed deals, after successful trades on transactions like Microsoft Corp.’s purchase of Activision Blizzard Inc. have left them with more money to invest.

Wyndham Hotels & Resorts Inc. rejected a takeover offer from Choice Hotels International Inc., saying the proposal undervalues the company’s potential for growth and would be subject to a lengthy regulatory review.

Former Brazil President Jair Bolsonaro should face criminal charges for plotting a coup d’etat in response to his 2022 election defeat, the lawmaker leading a congressional probe into Jan. 8 riots that ransacked the capital said in an official report.

Shell Plc still plans to achieve net zero emissions by the middle of the century, but its approach to hitting that target has changed, its CEO said.

Bank of America Corp. traders reported their best third-quarter results in more than a decade while net interest income topped analysts’ estimates as the lender continues to reap the benefits of Federal Reserve rate hikes and volatile markets.

A Spanish court is set to probe allegations that a unit of Iberdrola SA and and four of its executives manipulated electricity prices a decade ago.

EQT AB is looking to make selective additions to its suite of investment strategies, amid a quickening wave of consolidation in the private equity industry.