Business News

Fiat Chrysler Recalls 4.8 Million Vehicles Over…

Certain vehicles could get stuck in cruise control.

'Solo' sputters in takeoff with $83.3M at box…

The Han Solo spinoff "Solo: A Star Wars Story" came in well below expectations with an $83.3 million opening weekend at the North American box office

Lagarde Calls Tariffs Threat `Darkest Cloud'

May.25 -- International Monetary Fund Managing Director Christine Lagarde discusses risks facing the global economy and the IMF's analysis of Russia. She speaks during a plenary session at the St. Petersburg International Economic Forum, moderated by Bloomberg Editor-in-Chief John Micklethwait.

AdChoices Icon

Netflix Surpasses Disney As Most Valuable Media…

Netflix's market cap surpassed Disney's for the first time, making the streaming service more valuable than the entertainment giant.

Visa woes have summer businesses looking to…

Tourism businesses look to Puerto Ricans amid red tape, visa limits on foreign workers

China's Vice President Urges Nations to Fight…

May.25 -- Chinese Vice President Wang Qishan urges nations to unite against protectionism, saying that politicizing trade issues damages trust. He made the comments during a plenary session at the St. Petersburg International Economic Forum, moderated by Bloomberg Editor-in-Chief John Micklethwait.

The highest-paid CEOs by state

Here are the top-paid CEOs by state for 2017, as calculated by The Associated Press and Equilar, an executive data firm

Abe Says N. Korea Denuclearization Must Be…

May.25 -- Japanese Prime Minister Shinzo Abe says that nations must work together to ensure North Korea denuclearizes "in a verifiable and irreversible manner." He made the comments during a plenary session at the St. Petersburg International Economic Forum, moderated by Bloomberg Editor-in-Chief John Micklethwait.

Vintage denim: 125-year-old Levis sell for nearly…

Someone has paid a mint for some vintage denim in Maine

How AP and Equilar calculated CEO pay

How AP and Equilar calculated CEO pay among the biggest U.S. companies for 2017

Macron Says Russia, EU Must Revisit Shared…

May.25 -- French President Emmanuel Macron says Europe and Russia must work together to improve peace and security. He made the comments during a plenary session at the St. Petersburg International Economic Forum, moderated by Bloomberg Editor-in-Chief John Micklethwait.

AdChoices Icon

Emails show cooperation among EPA, climate-change…

Newly released emails show senior political appointees at the Environmental Protection Agency working closely with a think-tank that dismisses warnings of climate change

Women CEOs still a rarity, but pay tops that of men

Women remain rare in CEO role at big companies, although pay for top role is competitive with male peers

Putin Sees Risk of Unprecedented Global Systemic…

May.25 -- Russian President Vladimir Putin says the global economic order is being undermined and that breaking the rules is becoming the rule of the game. He made the comments during a plenary session at the St. Petersburg International Economic Forum, moderated by Bloomberg Editor-in-Chief John Micklethwait.

Turks feel pinch from currency slide ahead of polls

Many in Turkey are feeling the pinch as the Turkish lira lost more than 20 percent of its value against the dollar since the start of the year.

Broadcom's Tan, CBS's Moonves among highest-paid CEOs

Broadcom's Hock Tan and CBS's Leslie Moonves lead the pack for highest-paid CEOs at big U.S. companies

Kaplan Says Fed Should Gradually Move to Neutral…

May.25 -- Federal Reserve Bank of Dallas President Robert Kaplan discusses his outlook for the Fed's rate path, risks to the U.S. economy, and a return to the neutral rate. He speaks with Bloomberg's Michael McKee from the Dallas Fed's tech conference on "Bloomberg Daybreak: Americas."

The Latest: Weinstein takes books on theater…

Harvey Weinstein was carrying books about Broadway legends Rodgers and Hammerstein and film director Elia Kazan when he surrendered to police in New York

PepsiCo's Nooyi, Ventas's Cafaro among top-paid female CEOs

PepsiCo's Indra Nooyi, Ventas's Debra Cafaro lead the way on pay for female CEOs

BIS's Carstens Sees Downside Risks to Global…

May.25 -- Bank for International Settlements General Manager Agustin Carstens speaks about the global economy, Turkey and Argentina in an interview with Bloomberg's Stephanie Flanders in Stockholm. They speak on "Bloomberg Surveillance."

AdChoices Icon

Trump takes steps to ease firing of federal…

President Donald Trump is taking steps to make it easier to fire federal workers for misconduct

Health care CEOs lead the way in pay

The highest pay packages go to CEOs at health care companies

BlackRock Says Italian-Germany Yield Spread…

May.25 -- Isabelle Mateos y Lago, chief multi-asset strategist at BlackRock Investment Institute, discusses Italian political uncertainty and its impact on Italian bonds. She speaks on "Bloomberg Surveillance."