Bloomberg The European Union should scrap twice-yearly time changes and keep its clocks on what is currently summertime, said the bloc’s executive arm. On August 31, the European Commission unveiled the results of a public consultation on the merits of the decades-old practice of capitalising on natural daylight by putting clocks forward by 60 minutes between late March and late ...

Bloomberg Uber Technologies Inc. and its former Chief Executive Officer Travis Kalanick defeated a lawsuit claiming the company swept illicit business practices under the rug that cost investors billions of dollars. US District Judge Haywood S. Gilliam Jr. in Oakland, California, agreed with Uber’s and Kalanick’s bid to toss the class-action claims by a Texas city’s firefighter pension fund while ...

Bloomberg Salesforce.com Inc. shares fell after the maker of cloud-based software gave a disappointing profit forecast and reported a closely watched sales metric that failed to satisfy Wall Street’s lofty expectations. Profit, excluding certain items, will be as much as 50 cents a share in the current quarter, the San Francisco-based company said. That compared with analysts’ average estimate of ...