Bloomberg Business

A Tesla Inc. plan to purchase hard-to-get construction materials is being investigated by US prosecutors, who are looking at whether the project was an appropriate use of company funds.

Marijuana stocks surged on Wednesday after the Drug Enforcement Agency said it would review its classification of cannabis following a letter from the US Department of Health and Human Services that urged it to loosen rules on the substance.

Boat manufacturers and dealers dropped as MasterCraft Boat Holdings Inc.’s weaker-than-expected sales forecast stoked concern over waning consumer demand and elevated inventories.

The US government urged its citizens to leave Haiti as soon as possible, as escalating gang violence makes it harder to travel.

Digital health firm Babylon’s UK business has been rescued by a US provider of in-home testing kits as part of an insolvency process.

Colombian delivery apps reached a preliminary deal guaranteeing social security payments for 120,000 workers, as the government of President Gustavo Petro seeks to boost workers’ rights.

This year’s rally in homebuilding stocks has outstripped even the AI-fueled tech boom, and if analysts are to be believed, that outperformance is set to continue.

An analyst at RBC Capital Markets took the unusual step of reversing a call on the shares of Heineken NV in a span of less than 12 hours on Wednesday, first downgrading the stock and then raising it back to the original level.

Five female professors have filed a class action lawsuit against Vassar College, alleging gender-based pay discrimination.