Close Michigan Senate Result Leaves Democrats’ Path Unclear

Michigan progressive Abdul El-Sayed’s narrow win over moderate Representative Haley Stevens in a bitterly fought US Senate primary suggests that the party’s voters in a key battleground state are deeply divided — and that uniting them in November will take work.

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Iran Says New Hormuz Route, Dems' Direction Unclear After El-Sayed Win, More - Bloomberg

Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.

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Bolsonaro Picks Congressman as Running Mate in Brazil Vote

Brazilian presidential candidate Flávio Bolsonaro chose conservative congressman Alfredo Gaspar as his running mate for October’s election, after negotiations with other parties left him without his initial pick.

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Will ChatGPT’s First Summer Camp Be Its Last?

OpenAI’s influencer brand trip highlighted a growing chasm between the tech-obsessed and the tech-averse.

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Lululemon Is At War With Itself

The troubled $14 billion athleisure giant has a new CEO and a seemingly fresh start. But the next battle is only beginning.

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How Is Student Debt Affecting Your Life — And Your Vote?

After President Donald Trump ended a yearslong pause on student loan collections, default rates are at historic highs. How is education debt squeezing your finances and influencing your vote?

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Australia Doubles Down on Data Centers Using Renewable Power

Australia’s federal government will press on with a nationwide push to ensure new data centers use renewable energy, pledging to pass laws despite opposition to the move from some regional administrations.

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New York City’s Aging Power Barges Show the Blackout Risk Is Real

Meant as a backstop, the plants are in constant use as demand rises, with no relief in sight for the strained grid.

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Trump Fuels Hopes of Hormuz Opening With Hints Deal Is Close

US President Donald Trump said a deal on the Strait of Hormuz is possible as early as Wednesday, as expectations build for an arrangement that allows for the reopening of the critical waterway.

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The Company That Wanted to Make Exactly 10,011 Pairs of Jeans

Hiut Denim’s production cap was meant to inspire a degrowth movement in business. But first it needed to grow.

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Howard Schultz-Backed Pet Food Maker Open Farm Eyes Toronto IPO

It’s one thing for life partners to start a business together. It’s another to turn it into a $1 billion company. That’s what Isaac Langleben and Jacqueline Prehogan might accomplish by going public with Open Farm Inc.

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New Zealand Jobless Rate Rises as Energy Shock Drags on Hiring

New Zealand’s jobless rate rose to an 11-year high in the second quarter as the global energy shock squeezed company profits while more people sought work.

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US Copper Trades Near Record on Tariff Risks, Hormuz Speculation

Copper futures in New York traded just short of an all-time high, as investors awaited a decision on US tariffs, while also tracking a push to reopen the Strait of Hormuz that lifted demand for risk assets.

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China Set for More Heavy Rain as Typhoon Dolphin Approaches

A powerful typhoon churning in the western Pacific Ocean is tracking toward China’s eastern seaboard and is expected to bring heavy rainfall to coastal regions from Sunday into early next week.

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As the Danube Hits Record Lows, Every Centimeter of River Counts

Nuclear plants in Romania and Hungary are under threat of being shut down because there’s not enough water to cool them.

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Solar’s Boom in Europe Is Reaching Places Once Deemed Too Dark

For decades, Europe’s renewable energy map looked straightforward: solar was mostly used in the sunny south, while the north relied on wind. But plunging equipment costs and higher electricity prices have made solar projects viable in places once considered too dark, cold or remote to pay off.

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Trump Says He Hasn’t Decided Whether to Keep Pirro After Clash

President Donald Trump said he had not yet decided whether to keep Jeanine Pirro as the top federal prosecutor in Washington, after publicly criticizing her for dismissing charges against individuals accused of vandalizing the Lincoln Memorial Reflecting Pool.

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Australian Watchdog Proposes More Flexibility for IPO Marketing

Companies planning to go public in Australia may gain greater freedom to market themselves before filing a prospectus under new proposals from the nation’s financial regulator.

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Lab Monkeys for $26,000 Show China’s Biotech Quest to Rival US

Prices of lab monkeys in China have surged, complicating new drug development trials and increasing the need for primate imports from neighboring countries.

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India Eyes More Tax Breaks for Electronics in Win For Apple

India is seeking to extend tax breaks to foreign firms that provide machinery to local electronics manufacturers in a move that will boost companies such as Apple Inc. and Google as they ramp up domestic production.

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Australian Watchdog Proposes More Flexibility for IPO Marketing

Companies planning to go public in Australia may gain greater freedom to market themselves before filing a prospectus under new proposals from the nation’s financial regulator.

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India Raises Fuel Export Tax to Build Stocks on War Concerns

India increased levies on exports of oil products to bolster domestic fuel stockpiles while global supplies remained tight despite a pause in fighting between the US and Iran.

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SpaceX Flags Big Ambitions to Take On AT&T, Verizon and T-Mobile

SpaceX fleshed out its plans to compete directly with the largest mobile phone carriers in the US by complementing its satellite-based internet service with land-based infrastructure.

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Hot Topic Is Said to Near $350 Million Sale to Spencer’s Parent

Sycamore Partners is in advanced talks to sell teen retailer Hot Topic to the parent of Spencer’s and Spirit Halloween, ending 13 years of ownership, according to people familiar with the matter.

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Oil Holds Two-Day Drop on Signs of Progress Toward Hormuz Deal

Oil fell for a third day on optimism a deal can be reached to reopen the Strait of Hormuz, potentially freeing up Persian Gulf supplies.

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‘Refrigerator for Humans’ in Japan Offers Summer Scorcher Relief

The glass door closes, and a curtain of cool air spills over your head, neck and shoulders, delivering instant relief from the punishing summer heat.

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OpenAI, Anthropic AI Models Involved in More Security Incidents

Artificial intelligence models developed by OpenAI and Anthropic PBC carried out “unsanctioned” actions — including hacking a website and attempting to inject harmful code into software during safety testing — reinforcing fears that neither the creators nor seasoned researchers of these systems can predict their actions in testing.

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India Raises Fuel Export Tax to Build Stocks on War Concerns

India increased levies on exports of oil products to bolster domestic fuel stockpiles while global supplies remained tight despite a pause in fighting between the US and Iran.

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