Bloomberg Business

Over a year of rapid wage growth has US companies turning to enhanced benefits to attract and retain workers.

Paramount Global slumped after the entertainment giant reported a steep loss in the first quarter and slashed its quarterly dividend by 79%.

The sight of two people with a skateboard near the tracks at New York’s Pennsylvania Station on Wednesday night was the cause of a two-hour rail shutdown, according to Amtrak.

Newcrest Mining Ltd.’s board is prepared to recommend a takeover offer from Newmont Corp. to its shareholders, interim Chief Executive Officer Sherry Duhe said.

After blowout results from Microsoft Corp. and Meta Platforms Inc. spurred huge rallies in their stocks, there are concerns the bar has been set too high for Apple Inc.

US worker productivity declined in the first quarter by more than forecast and labor costs accelerated, underscoring a challenging inflation fight for the Federal Reserve.

Adani Enterprises Ltd.’s latest quarterly profit more than doubled, helping billionaire Gautam Adani’s flagship firm refocus attention on the conglomerate’s growth potential after a scathing short seller attack earlier this year wiped out more than $100 billion of market value.

Hines, a real estate company with nearly $96 billion in assets under management, is pitching international investors on a Canadian apartment building deal as a way to bet on the country’s tight housing market.