Bloomberg A divided Federal Communications Commission approved a new TV broadcast standard backed by Sinclair Broadcast Group Inc., sparking renewed criticism that the agency is favouring the company—a notion rejected by its Republican chairman. The FCC, on a 3-2 party-line vote, said broadcasters may voluntarily start using so-called Next Gen TV, an over-the-air service that promises better pictures and interactive …

Bloomberg Puerto Rico employers reduced payrolls in October by the most in 21 years after Hurricane Maria devastated the island and knocked out power for weeks to most of the territory, Labor Department figures showed. The drop totalled 3.6 percent of payrolls, or 31,600 people— the biggest drop since 1996— reducing nonfarm employment to 842,000, the lowest level since 1991. …

Bloomberg Apple Inc. said its next major new hardware product, the HomePod speaker, is being delayed until early next year, missing the key holiday shopping season. “We can’t wait for people to experience HomePod, Apple’s breakthrough wireless speaker for the home, but we need a little more time before it’s ready for our customers,” Apple spokeswoman Trudy Muller said. “We’ll …