Bloomberg Goldman Sachs Group Inc. is cutting 10 staff in its commodities division as the bank reviews the footprint of the once-dominant unit, according to a person familiar with the matter. It is cutting seven trading jobs and three sales jobs in Singapore, London and Houston, representing about 5 percent of the unit’s staff, the person said, asking not to ...

Bloomberg Boeing Co. Chief Executive Officer Dennis Muilenburg faces his biggest crisis yet following the second deadly crash of a 737 Max jetliner, prompting some airlines to ground the best-selling plane and sending the shares on track for their biggest loss since just after the 9/11 attacks. China ordered its carriers to ground all 96 of Boeing’s newest 737 model, ...

Bloomberg Amazon.com Inc. — has abruptly stopped buying products from many of its wholesalers, sowing panic. The company is encouraging vendors to instead sell directly to consumers on its marketplace. The retailer makes more money that way by offloading the cost of purchasing, storing and shipping products. Meanwhile, Amazon can charge suppliers for these services and take a commission on ...