Bloomberg Today on the Pebble Beach Golf Course in California, Ferrari unveiled the 50th convertible model it has ever made, the Ferrari 488 Pista Spider. This 488 Pista Spider is the continuation of Ferrari’s top-selling 488 line. It has the most powerful Ferrari V8 engine ever—720 horsepower on twin-turbos—and a unique barking rev sound thanks to the fact that it ...

Bloomberg The UK government said it will move forward with plans to punish directors who fail to safeguard their workers from the effects of a company’s bankruptcy. New powers announced Sunday will be given to the UK Insolvency Service, including the ability to issue fines or even disqualifications to company bosses if they are found to have tried to avoid ...

Bloomberg Sarah O’Brien, Tesla Inc.’s vice president of communications, is leaving the company after nearly two years, the company confirmed. Her departure has been planned for a few months and precedes the recent drama surrounding Chief Executive Officer Elon Musk’s aborted attempt to take the electric carmaker private. Her last day will be September 7. “We’d like to thank Sarah ...