Bloomberg The torrent of dirty water coming out of almost every American oil well is the next big bet for a former fund manager for billionaire Paul Allen. Getting rid of wastewater from onshore wells has become an increasingly costly problem for oil producers as US crude output surged in recent years, especially in the new shale fields from Texas …

Bloomberg The rush to upgrade smartphones may be ebbing, prompting economists to dial back the outlook for Asian exporters. Early indications, including signs of disappointing orders, point to a mixed reaction to the latest iPhones, hurting the share prices of Apple Inc.’s Asia-based suppliers. Given that smartphone improvements help power demand for electronics components from supply-chain powerhouses such as South …

Bloomberg Jaguar Land Rover pulled the plug on a 2008 agreement with Ford Motor Co. to supply gasoline engines from a facility in Wales, compounding the struggles the UK plant already faces due to uncertainty caused by Brexit. About half the staff at Ford’s Bridgend factory, or roughly 750 people, depend on the deal to make V6 and V8 engines …