Bloomberg Business

JPMorgan Chase & Co. agreed to increase its stake in Brazil’s C6 Bank, stepping up its bet on digital banking in Latin America’s largest economy.

Bank of Montreal set aside more money for potentially sour loans and severance costs as it absorbs Bank of the West during a difficult period for US regional lenders.

Colin Huang’s wealth surged $4.3 billion Tuesday as shares of PDD Holdings Inc., the Chinese e-commerce company he founded, rose in New York trading.

Tesla Inc. is facing increased scrutiny from federal regulators over its driver-assistance system known as Autopilot, with investigators demanding to know if the electric carmaker has made it easier for drivers to take their hands off the wheel.

Hewlett Packard Enterprise Co. boosted its annual profit outlook, confident that businesses are upgrading technology despite concerns about the economy.

Treasury yields slumped to the lowest levels in more than a week after bigger-than-expected declines in gauges of job creation and consumer confidence prompted bond traders to assign lower odds to another Federal Reserve interest-rate hike this year.

President Joe Biden said his historic foray into negotiating prices with Bristol-Myers Squibb Co., Johnson & Johnson and other drugmakers is just the start, vowing to see it through despite fierce industry pushback.

Dating apps are embracing AI and expanding their subscription plans, hoping new premium and discount tiers will court more paying users — particularly Gen Z — as growth slows.

Guatemalan President Alejandro Giammattei will meet with President-elect Bernardo Arévalo’s team on Monday to start the transition of power, easing fears of institutional gridlock.

Mullen Automotive Inc. has accused brokerages TD Ameritrade and Charles Schwab of facilitating naked short selling and damaging the electric-vehicle company’s stock price.