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Alarm.com Holdings Inc. plunged as much as 20%, the most intraday in almost five years, after Alphabet Inc.’s Google announced a partnership to create smart-home security products with ADT Inc.
Merger Monday came roaring back this week, with a spate of acquisitions from health care to consumer hitting the tape.
President Donald Trump said TikTok will have to close its U.S. operations by Sept. 15 unless there’s a deal to sell the social media network’s American operations.
Every week seems to bring another round of retail bankruptcies. With conditions worsening, the numbers are likely to keep climbing.
Even President Andres Manuel Lopez Obrador underestimated the amount of money Mexican workers abroad sent home in June.
New Zealand may see most of the impact of the Covid-19 pandemic on the labor market after September’s election thanks to government intervention and a shorter-than-expected time spent in lockdown.
King Juan Carlos, the former Spanish head of state, said he plans to leave the country.
Occidental Petroleum Corp. has restored employee pay cuts imposed after oil prices tumbled and doubled the salary cap for executives to $500,000 a year.
Manhattan District Attorney Cyrus Vance Jr. asked a federal judge in New York to throw out President Donald Trump’s latest effort to block a subpoena for his tax returns and other financial records.
Covid-19 has affected the production and delivery of luxury cars, but not demand to acquire them.
The confluence of the pandemic and the Black Lives Matter movement has given college athletes leverage in their economic struggle.
Kimarie Santiago’s small business is the kind of operation U.S. banks and payments companies have been trying to lure online for years. The Covid-19 pandemic finally made it happen.
The Johnson clan keeps a low profile while diversifying into real estate, pharma, fiber optics and Texas shale.
Commerzbank AG appointed Hans-Joerg Vetter as supervisory board chairman, resisting strongly-worded opposition from its second-biggest shareholder, Cerberus Capital Management.
Citigroup Inc. is being sued by an employee in a unit that serves hedge funds who says he was demoted for reporting harassment complaints about a new hire and discriminated against based on his sexual orientation.
Widespread blackouts have led many to rely on diesel generators, adding to dangerous levels of air pollution.
South African President Cyril Ramaphosa’s tenuous control of the ruling party was laid bare at the weekend when its leaders rebuffed his proposal to probe allegedly tainted state contracts for health equipment.
Ecuador won the support of the majority of bondholders required to restructure $17.4 billion in international debt, reducing the South American nation’s obligations.
Choppies Enterprises Ltd. will close its supermarkets in several African nations to concentrate on growth in Botswana, where it’s listed.
The Federal Communications Commission will take comments for 45 days on President Donald Trump’s proposal to weaken liability protection for social-media companies such as Twitter Inc., the agency’s chairman said.
Boris Johnson’s Conservative Party faced criticism for not suspending a Member of Parliament arrested on Saturday on suspicion of rape.
Dealmaking forges ahead during the pandemic as a reluctance to travel gives rise to new banking technologies, including a new app from Goldman.
Zimbabwean stocks tumbled as trading resumed for the first time in five weeks after authorities shut down the exchange for allegedly contributing to the plunge in the local currency.
President Donald Trump on Monday plans to sign an executive order that would bar federal agencies from dismissing U.S. citizens or green card holders and replacing them with foreign workers.
Alphabet Inc.’s Google on Monday launched the Pixel 4a smartphone, the successor to its first budget-friendly Pixel device that finally gained sales momentum last year.
Electric Capital, a San Francisco-based venture fund, said it will use $110 million raised from university endowments and other nonprofits to invest in cryptocurrencies and related businesses.
German 10-year bonds may extend their back-to-back monthly gains in August -- albeit at a more muted pace -- if seasonality is anything to go by.
DW Sports, founded by former English soccer player David Whelan, expects the appointment of administrators on Monday after the company had to close dozens of its gyms and retail stores due to the Covid-19 pandemic, according to an emailed statement on Monday.
Shoprite Holdings Ltd., once heralded for leading the expansion trail into Africa, plans to exit Nigeria after the continent’s largest food retailer struggled with supply-chain disruptions and faced challenges in getting money out of the country.
Ethiopia may be running out of time to negotiate an agreement on the filling and operation of a mega-dam on the Nile River thats pitted the Horn of Africa nation against Egypt and Sudan, the U.S. State Department said.
Dwayne “The Rock” Johnson will buy the assets of the bankrupt professional football league XFL as part of a group bid with RedBird Capital Partners and Dany Garcia, according to a statement Monday.
Exchange-traded fund investors may soon be able to participate in Wall Street’s latest craze: initial public offerings with a twist.
The U.K.’s plans to block further spikes in coronavirus allow for ministers to lock down London, Boris Johnson’s spokesman said, as officials prepare for the resurgence of coronavirus in the months ahead.
Warren Buffett seized the opportunity to buy Burlington Northern during the financial crisis. Now private equity is eyeing Kansas City Southern during a pandemic.
A continuation of some form of extra unemployment benefits would bolster economic growth, Federal Reserve Bank of Dallas President Robert Kaplan said.
A U.S. judge issued a stinging rebuke to a lawyer claiming ownership of several Argentine television companies, finding he deceived Miami media mogul Remigio Ángel González into signing over the rights.
DST Global, the investment firm headed by billionaire Yuri Milner, is close to investing as much as $400 million in Indian online education startup Byju’s, according to a person familiar with the negotiations.The deal values Byju’s at $10.5 billion and could be signed as early as this weekend, said the person, who didn’t want to be identified as the talks are private. The transaction would make Byju’s India’s second-most valuable startup after Alibaba Group Holding-backed financial payments bran
Volkswagen AG has started assembling cars in Ghana following a partial government ban on imports of used cars that is part of policy measures to turn the country into an automotive hub for West Africa’s 380 million people.
For those in their gregarious 20s, social distancing has painful side effects.
U.S. manufacturing expanded in July at the fastest pace since March 2019 as more factories boosted production in the face of firmer orders and lean inventories.
Anthony Tata, a retired Army brigadier general and Fox News commentator, withdrew his nomination to be the Pentagon’s policy chief after the Senate Armed Services Committee canceled his scheduled hearing last week.
At least 29 people people were killed in a 20-hour siege at a prison in eastern Afghanistan when Islamic State militants attempted to free hundreds of its members from the compound.
OPEC’s crude production rose last month as Persian Gulf members phased out extra supply cutbacks, but the cartel largely persevered with its strategy to revive the global oil industry.
The White House is exploring whether President Donald Trump can act on his own to extend enhanced unemployment benefits and eviction protection if lawmakers fail to act, people familiar with the matter said.
Lordstown Motors Corp., the electric-truck startup that stepped in to save a shuttered General Motors Co. factory in Ohio, will be listed on the Nasdaq and gain an infusion of $675 million through a merger with a publicly traded funding vehicle.
Europe’s three biggest economies have stopped short of banning TikTok after President Donald Trump threatened to outlaw the Chinese social media app, once again leaving the continent caught between two superpowers.
No matter how hard the government makes it and no matter how much incomes decline, by hook or by crook, Argentines keep buying more dollars.
The day began with a series of surprise police raids to find the men who murdered the environmental activist. After that, things only got wilder.
America’s support of a democratic Venezuela would be more steadfast under a new administration.
California’s efforts to keep Hollywood on top of the film and TV world just scored two wins.
The goal of blockchain startups to build a decentralized version of the internet where no single authority is in control always depended on wresting data storage away from giants like Amazon and Google. That missing piece of the puzzle may be solved by distributed storage system Filecoin, which is set to be released publicly in September.
Blackbird Ventures, one of Australia’s largest venture firms, has another A$500 million ($357 million) to invest after raising its fourth fund.
Denmark’s financial regulator said companies that suspended full-year forecasts earlier this year due to uncertainty over the Covid-19 pandemic should now have sufficient visibility to update their financial guidance.
Germany’s Bundesbank said it will continue to take part in European Central Bank asset purchases after a legal standoff with the country’s constitutional court was resolved.
Alphabet Inc. is proposing to tap the bond market at rock bottom yields, in a rare debt sale that will help fund sustainability projects.
First, poor weather left France with a paltry wheat harvest. Now the nation’s driest July in six decades is threatening its corn fields.
A group of U.S. corporate leaders led by Starbucks Corp.’s former head, Howard Schultz, pressed lawmakers for additional, longer-term support for small businesses, including federally guaranteed loans that could be turned into grants, at least partially, for those hardest-hit by the pandemic.
European Central Bank staff have been told to work remotely until at least the end of year, according to people familiar with the matter, three months longer than previously planned as the coronavirus pandemic shows no sign of abating.
The trade-offs around savings, expenses and schools made the suburbs worth it.
Tyson Foods Inc. is replacing its top boss just as the pandemic boosts costs and clouds the outlook for America’s top meat producer.
Ferrari NV narrowed the range of its full-year profit guidance toward the lower end after the supercar-maker was forced to shutter factories for seven weeks because of the coronavirus pandemic.
South Africa’s Eskom Holdings SOC Ltd. issued a summons against former executives and board members, seeking to recover about 3.8 billion rand ($220 million) that it alleges was diverted illegally.
Option to slow repayment at lower APR to appear at checkout
Johnson & Johnson’s Spravato has been approved as the first antidepressant for actively suicidal people, as doctors are becoming increasingly concerned about Covid-19’s effect on the mental health of Americans.
Virgin Galactic Holdings Inc. signed an accord with engine maker Rolls-Royce Holdings Plc to collaborate on technology to power a plane to three times the speed of sound.
Farmers Business Network Inc. says it raised $250 million in financing to expand its agriculture technology platform.
Poland’s Supreme Court ruled that the July 12 presidential election won by incumbent Andrzej Duda was valid and that minor irregularities didn’t affect the outcome.
Lebanon is seeking to diversify its fuel suppliers after a dispute with Algeria’s Sonatrach caused shortages at its power plants.
Zoom Video Communications Inc., the popular conferencing app facing scrutiny over whether it transmits data to Beijing, will halt all sales of products in China except through locally based partners.
The liquefied natural gas market contracted a third month in July as countries continue to struggle with the economic fallout from the coronavirus pandemic.
The president’s assault on the law won't stop if he’s re-elected.
With the dollar heading into what is traditionally its best month of the year, the outlook for South Africa’s rand has taken a turn for the worse.
Germany’s top financial watchdog is set to allow some smaller German banks to pay dividends this year, even after the European Central Bank urged lenders to refrain from payouts amid the Covid-19 crisis.
By going after TikTok, the U.S. is expanding a fight against Beijing using Chinese-style restrictions on tech companies in a move that could potentially have enormous ramifications for the world’s biggest economies.
Eli Lilly & Co. will begin testing its Covid-19 antibody drug in nursing homes, a treatment with potential to protect vulnerable groups that vaccines may not cover.
South Africa’s state-owned power utility, which relies on coal to generate most of the nation’s electricity, issued a request for bids to build its first battery-energy storage system, according to a tender document seen by Bloomberg.
President Donald Trump signaled a new attack Democratic nominee Joe Biden’s record on Social Security. Nevada may soon become the eighth state to mail all registered voters a ballot. And a boater took a Trump flag a little too close to the SpaceX capsule.
Welcome to Monday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help you start the day and week:
Alphabet Inc.’s Google has agreed to pay $450 million for a stake in security firm ADT Inc. as part of a partnership to create smart-home security products.
Malawi widened a subsidy program to cover all of the country’s small-scale farmers and projected corn output would almost double as a result, offering relief to its citizens who regularly suffer food shortages.
With big crowds and concerts off limits, there is almost no other way for performers to make money.
The number of YouTube creators who no longer rely on advertising for the majority of their income is growing fast.
Nordex SE is set to focus on developing onshore wind projects outside Europe after it agreed to sell its renewable energy project portfolio to RWE AG.
The $149,990 Maserati Levante Trofeo shares a lot of DNA with its as-yet unborn sibling. And it has an enviable spirit all its own.
The saga of Singapore’s highest profile restructuring case, Hyflux Ltd., looks set to run a bit longer.
Japan Airlines Co. posted its biggest quarterly net loss in at least eight years and decided to forgo paying an interim dividend as it contends with the devastating impact of the coronavirus.
Portugal is in talks with the British government to try to lift a rule that requires anyone arriving in England from the southern European country to self-isolate for two weeks.
Economists studying the cost of greenhouse gas emissions conclude in a new study that it will be significant for heat-related deaths alone.
Investors in Apple, Amazon, Facebook and Google have basked in the companies’ profits, but what happens if the authorities step in?
Social-networking company has licensed rights from major labels and publishers
North Sea oil workers are staying offshore for as long as three weeks at a time, potentially increasing the risks of an already dangerous operating environment, according to unions.
A South Korean court is set to start liquidating assets of a Japanese company to compensate Koreans conscripted to work during colonial occupation, straining ties between two key U.S. partners just as the Trump administration needs their help in countering China.
Singapore is planning an online and physical fintech festival amid the spread of the coronavirus across the globe.
An index measuring South African manufacturing sentiment pulled back in July as activity levels in the sector stabilize.
Two tough policy challenges. One elegant solution.
The Federal Reserve and other central banks are heading for a collision with shadow lenders -- the firms with a sinister nickname that are increasingly dominating global finance.
United Parcel Service Inc. is building two giant freezer farms capable of super-cooling millions of vials of a Covid-19 vaccine, preparing for the day when it will need to deliver the medicine at high speed across the globe.The facilities, under construction in Louisville, Kentucky, and the Netherlands, near UPS air hubs, will house a total of 600 deep-freezers that can each hold 48,000 vials of vaccine at temperatures as low as -80 Celsius (-112 Fahrenheit). That’s on par with some of the colde
Chinese electric-car startup Xpeng Motors is raising more funds from Alibaba Group Holding Ltd. and other investors ahead of its planned initial public offering in New York, according to people familiar with the matter.
Chinese officials are considering a proposal to sell bonds to pay renewable energy subsidies owed to developers, according to people familiar with the matter.
Lebanon’s foreign minister resigned on Monday, accusing colleagues of lacking any intention to institute meaningful reforms and warning that conflicting interests threatened to turn the country into “a failed state.”