The staggering costs of its AI investments threaten the tech giant's margins, prompting cost-cutting measures.

Microsoft will lay off nearly 4% of its workforce, the company said on Wednesday, in the latest job cuts as the tech giant ...

According to Bloomberg, Germany's largest bank plans to offer Bitcoin and crypto custody in 2026 as institutional adoption accelerates.

Locals have always complained about tourists. Is there a way to take the edge off the current outrage over grime and ...

The industry will need to overcome high energy and labor costs, environmental regulations and a glut of cheap Chinese competition to make US copper smelting great again.

In early November, on the eve of the crucial holiday shopping season, staffers at the video-game studio BioWare were feeling optimistic. After an excruciating development cycle, they had finally ...

Today, the Head of Digital Assets of BlackRock Robert Mitchnick, at the Bloomberg ETF IQ, talked about what’s really driving the surge in Bitcoin ETFs. “It’s a lot of things coming together. Out of ...

The families behind parts of Germany’s Aldi empire of discount supermarkets have held talks about a possible merger, WirtschaftsWoche reported on Saturday.

Bloomberg News spoke to three newspaper and magazine distributors, with two saying they could not get hold of copies, and a third saying the May 24 issue has been officially blocked in Vietnam.

Last year alone, Bloomberg gave $3.7 billion, making him 2024’s largest individual donor, according to the Chronicle of Philanthropy (he was 2023’s biggest giver as well).

Beth Kowitt is a Bloomberg Opinion columnist covering corporate America. She was previously a senior writer and editor at Fortune Magazine. Bill Gates is an optimist. He believes the world will be ...

There is nothing conservative about the budget reconciliation bill emerging from the House. Even by Washington’s ever-declining standards of fiscal responsibility, this budget stands out as a ...