Chief Executive Officer Matthew Schroeder said in a letter to employees that was reviewed by Bloomberg News. The drug store chain is also planning to cut jobs at its corporate offices in ...

Nir Kaissar is a Bloomberg Opinion columnist covering markets. He is the founder of Unison Advisors, an asset management firm. Warren Buffett, the greatest investor of all time, will step down as ...

Tesla Inc. sales kept sliding across Europe’s biggest electric-car markets in April, despite the company rolling out an updated version of its most popular vehicle. The company registered only ...

Pakistan’s defense chief warned of an “imminent” clash with India as a dispute over river water and blame for a terrorist attack last month in Kashmir escalates between the nuclear-armed ...

OpenAI is backtracking on plans to become a more conventional for-profit company after facing mounting pressure from former employees, academics and rivals, including billionaire Elon Musk.

Marvell Technology Inc. shares fell more than 6% in extended trading after the chipmaker cut the high end of its revenue forecast and postponed an investor day event, citing the “uncertain ...

Malaysian infrastructure firm Gamuda Bhd. won a data-center contract worth over 1 billion ringgit ($237 million) from Google’s Malaysian affiliate, according to company filings. Gamuda said it ...

Shares of Japanese trading houses climbed after Warren Buffett said he expects Berkshire Hathaway Inc. to hold its investments in them for 50 years or more. Mitsubishi Corp., Marubeni Corp ...

Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s waiting for further stock and oil price declines before deciding whether to pursue a bid, according ...

Warren Buffett, who built Berkshire Hathaway Inc. into a business valued at more than $1.16 trillion and himself into a celebrity billionaire renowned for his investing acumen and witticisms, will ...

Robotaxi company Pony AI Inc. will partner with ride hailing giant Uber Technologies Inc. to launch in the Middle East this year, as the auto industry’s push into autonomous driving gathers pace.

An index of emerging-market foreign-exchange returns rose to a record high as Asian currencies gained from a dumping of US dollars. The MSCI EM FX gauge, which is heavily tilted toward Asian ...