Bloomberg Billionaire Elon Musk said the transportation tunnel his startup Boring Co is building in Las Vegas will hopefully be operational next year. The Tesla Inc chief executive officer made the comments about the $48.7 million subterranean transit project in the US resort city in Twitter posts, The Las Vegas tunnel is the company’s only major project so far other ...

Bloomberg Spotify Technology SA will stop selling US political advertising in early 2020, following Twitter Inc’s lead in steering clear of a contentious election cycle. The move will apply to Spotify’s ad-supported service, as well as its original and exclusive podcasts, the company said. The music-streaming service never sold political ads in other countries, so the change only affects the ...

Bloomberg Regeneron Pharmaceuticals Inc said it plans to cut some staff as it restructures its partnership with French drugmaker Sanofi, with whom it had shared drug sales responsibilities. Regeneron employees to be affected work on the rheumatoid arthritis drug Kevzara, which Sanofi is expected to gain global rights to under the restructuring. There will be no Kevzara roles at Regeneron ...