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BOCA CHICA, TEXAS – NOVEMBER 19: SpaceXs Starship spacecraft and Super Heavy booster rocket lift off during a test flight Tuesday, Nov. 19, 2024, at Starbase in Boca Chica. (Jon Shapley/Houston Chronicle via Getty Images)

Why companies like OpenAI and SpaceX are staying private longer

CFPB sues JPMorgan, Bank of America over alleged Zelle fraud

An exterior view of Party City store

Party City to wind down operations, fire employees, CEO says

This illustration photo shows a person checking information online for the now permanently closed Paulsboro, New Jersey's Hometown Deli in front of a screen displaying the facade of the restaurant.

Fraud case tied to $100 million NJ deli ends in guilty pleas

Grindr

Grindr to give staff $300,000 for fertility treatments, adoption

The Marina Bay Sands hotel and casino in Singapore, on Tuesday, May 14, 2024. Singapore’s incoming Prime Minister Lawrence Wong picked Trade Minister Gan Kim Yong as his deputy, keeping the cabinet of outgoing premier Lee Hsien Loong largely intact. Photographer: Lauryn Ishak/Bloomberg via Getty Images

Southeast Asia has $60 billion AI boom, but its own startups are missing out

By Olivia Poh, Saritha Rai, and others

An advertisement of Pop Mart International Group Ltd.’s signature character Molly dressed in a space suit at one of the company’s stores in Beijing, China, on Wednesday, Dec. 18, 2024. Fervor for its wide-ranging toys has turned Pop Mart into the hottest Chinese growth company, with shares up 368% this year, trouncing most members on the MSCI China Index. Photographer: Na Bian/Bloomberg via Getty Images

China’s hottest stock rockets 370% on craze for collectibles

By Charlotte Yang and Bloomberg

Nike’s new CEO says turnaround efforts may hurt in short term

Diddy

Diageo is said to weigh Ciroc Vodka sale after Diddy tie-up ends

NEW YORK, NY – JUNE 13: A delivery person for GrubHub rides an e-bike along Third Avenue on June 13, 2024, in New York City. (Photo by Gary Hershorn/Getty Images)

Firms that spent billions on M&A are now selling for peanuts

By Ben Scent and Bloomberg

CEO of German car maker Porsche Oliver Blume poses on the red carpet upon arrival for the 48th “Goldenes Lenkrad” (Golden Steering Wheel) awards on November 7, 2024 in Berlin. (Photo by Tobias SCHWARZ / AFP) (Photo by TOBIAS SCHWARZ/AFP via Getty Images)

Volkswagen nears labor deal that would keep German car plants open

By Monica Raymunt and Bloomberg

Indonesian customs officials destroy a smuggled iPhone 16 Pro Max that was confiscated alongside dozens of Apple phones and tablets, at the customs office of SoekarnoHatta International Airport in Tangerang, Banten, on November 29, 2024. Indonesia has rejected an Apple $100 million investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the “fairness” required by the government. (Photo by AFP) (Photo by STR/AFP via Getty Images)

Apple close to winning Indonesian approval to end iPhone 16 ban

By Faris Mokhtar and Bloomberg

World’s top luxury group LVMH head Bernard Arnault poses during a meeting after LVMH was named as final premium sponsor of 2024 Paris Olympics, in Paris on July 24, 2023. LVMH group announced on July 24, 2023, that it was the sixth premium partner for the Paris 2024 Olympic Games, allowing the comittee to almost reach their objective of 1.24 billion euros in partnerships. (Photo by JULIEN DE ROSA / AFP) (Photo by JULIEN DE ROSA/AFP via Getty Images)

LVMH bought a €50 million villa in Cannes for brand events

By Benoit Berthelot and Bloomberg

Merck headquarters in Rahway, New Jersey, US, on Tuesday, April 18, 2023. Merck & Co. will buy Prometheus Biosciences Inc. for about $10.8 billion to bolster its research pipeline and strengthen its portfolio of autoimmune drugs. Photographer: Christopher Occhicone/Bloomberg via Getty Images

Merck snags Chinese obesity drug in nearly $2 billion deal

By Robert Langreth and Bloomberg

LIBERTYVILLE, ILLINOIS – DECEMBER 18: A sign marks the location of a Nissan dealership on December 18, 2024 in Libertyville, Illinois. Honda, Japan’s second largest automaker is in talks to merge with Nissan, Japan’s third largest automaker. (Photo by Scott Olson/Getty Images)

Foxconn in talks with Nissan shareholder Renault, CNA says

By Nicholas Takahashi and Bloomberg