European Stocks Drop as Traders Track Elevated Oil and Yields

Elliott Investment Management has built a sizeable stake in Deutsche Telekom AG and indicated the German telecommunications giant should ditch a potential merger with its American arm T-Mobile US Inc., people familiar…

Anthropic's IPO is casting a long shadow over companies’ US listing plans, as they try to find room for their deals to grab attention after the Sept. 7 Labor Day holiday. Scarlet Fu reports on Bloomberg Deals. (Source:…

House Budget Chairman Jodey Arrington said 'Republicans and Democrats are going to have to come together' on a debt reduction plan to counteract the demographic challenges of increasing Social Security and Medicare…

Bloomberg's Randall Williams joins Dani Burger and Scarlet Fu on Bloomberg Deals. Billionaire Stan Kroenke is expanding his sports empire with the addition of the Los Angeles Angels. Kroenke Sports Entertainment bought…

Bloomberg's Allison McNeely joins Dani Burger on Bloomberg Deals. KKR is set to reap a $3.3 billion windfall from its deal to sell USI Insurance Services to Aonfor $17 billion, a significant exit for a unit that’s…

Bloomberg's Michelle Davis joins Dani Burger on Bloomberg Deals. Eli Lilly plans to buy Merida Biosciences Inc. for as much as $2.88 billion in cash to expand in autoimmune and allergic diseases, part of an effort to…