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Uber in early talks to buy UK’s food-delivery firm Deliveroo

Bloomberg Uber Technologies Inc. is in early talks to buy food-delivery company Deliveroo for several billion dollars, according to people familiar with the plans. A bid for London-based Deliveroo, last valued at more than $2 billion, would mark a major attempt by Uber to dominate the food-delivery business in Europe. An acquisition price is unknown. Any offer would need to ...

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‘Angriest man’ creates tariff headache for made-in-USA bikes

Bloomberg Arnold Kamler has experienced the trade dispute between President Donald Trump and China first hand, and is trying to respond as quickly as possible. His company, Kent International Inc., assembles about 400,0 00 bikes annually at its factory in Manning, South Carolina. But this is no shield from the latest round of tariffs, since — in an effort to ...

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Trump’s trade war enters a dangerous new phase

As the US-China trade war escalates, with both parties imposing higher tariffs on the other, US Commerce Secretary Wilbur Ross tried to defuse some of the tension. Because America’s 10 percent tariff on some $200 billion worth of Chinese imports is “spread across thousands and thousands of products,” he noted, “nobody is going to actually notice it at the end ...

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