The operator of the storage site says that salt water is entering deeper than before into the area close to where radioactive waste is kept. The Asse II facility — located less than an hour ...

Huang’s net worth jumped to $91.3 billion Thursday, bumping him up three spots on the Bloomberg Billionaires Index to become the 17th-richest person in the world. Nearly all his wealth is in ...

Elon Musk’s SpaceX has initiated discussions about selling existing shares at a price that could value the closely held company at roughly $200 billion, according to people familiar with the ...

The value war is on. Burger King is coming out with its own $5 meal deal, and will launch the offering ahead of McDonald’s, according to a memo obtained by Bloomberg News. Burger King’s offer ...

For the first time since the financial crisis, investors in top-rated bonds backed by commercial real estate debt are getting hit with losses. Buyers of the AAA portion of a $308 million note ...

James Gorman will cede his role as Morgan Stanley chairman at year-end, capping a nearly two-decade run at the firm in which he rescued it from the brink of failure and turned it into a wealth ...

The Group of Seven countries are converging on a US plan to squeeze value out of frozen Russian assets, a move that would secure as much as $50 billion in critical financing for Ukraine and help ...

Governments and companies need to spend an extra $34 trillion on the clean energy transition between now and 2050 to reach net-zero emissions, according to BloombergNEF. The research group’s 250 ...

Goldman Sachs Group Inc. updated its longer-term US fiscal outlook Wednesday, with its new projections seeing a key metric of debt sustainability head to historically extreme levels. “The ...

Idanna Appio spent 15 years at the Federal Reserve Bank of New York analysing the history of sovereign debt crises. Now, as a fund manager at the $138 billion First Eagle Investments, she’s ...

Alibaba Group Holding Ltd. slashed prices for a clutch of artificial intelligence services by as much as 97%, spurring an immediate response from Baidu Inc. in potentially the start of a price war ...

“On interest rates I am fanatically confused,” Krugman said Tuesday on Bloomberg Television’s Wall Street Week with David Westin, with regard to whether borrowing costs will remain above pre ...