Bloomberg Waymo, Alphabet Inc.’s self-driving car division, dropped three of four patent-infringement claims in its lawsuit against Uber Technologies Inc. over the startup’s autonomous vehicle program. Waymo’s decision to include patent claims in its complaint against Uber was a surprise move for Google parent Alphabet, which normally prides itself on limiting patent fights. The bulk of Waymo’s case is not ...

Bloomberg Investors couldn’t sell Chinese banking giants fast enough this week. Industrial & Commercial Bank of China Ltd. (ICBC), Agricultural Bank of China Ltd. (ABC) and Bank of China Ltd. (BOC) posted their worst weeks since at least June 2016, while China Construction Bank Corp. (CCB) fell for a fifth consecutive week. The lenders were among the biggest decliners on ...

Bloomberg European Central Bank (ECB) policy makers continued to air their differences over when to rein in stimulus, sending conflicting signals on whether pumping cash into the economy for much longer will help the euro area or hurt it. “Underlying inflationary pressure remains subdued” and “we still need a long period of accommodative policy,” Executive Board member Peter Praet, the ...