Bloomberg 3M Co. plans to eliminate jobs as part of a broader cost-cutting drive in response to the slowing economy, according to internal communications. The move comes just days after 3M suffered a setback over a key legal strategy designed to mitigate mounting liabilities and as it faces an array of other challenges, ranging from inflationary woes to sluggish …

  Bloomberg Glow Recipe, a skin-care brand popular for its fruit-based products, is exploring a sale that could value it at $400 million to $500 million. The company is working with Goldman Sachs Group Inc., said the people, who asked to not be identified. It has $80 million in annual revenue. No final decision has been made and Glow Recipe …

  Bloomberg Warren Buffett’s Berkshire Hathaway Inc. trimmed its stake in BYD Co. even further, offloading another 1.72 million shares as of September 1, according to an exchange filing on Friday, just days after the legendary US investor began reducing his holding in China’s biggest maker of electric vehicles. Berkshire’s interest in BYD’s Hong Kong-listed shares has now fallen to …