Bloomberg The US Justice Department reiterated it wasn’t involved in turning over Low Taek Jho’s $250 million super yacht to Malaysia from Indonesia as the fugitive financier vowed not to submit to any jurisdiction where his guilt had been predetermined. Federal prosecutors said their only part in the yacht’s handover was to advise the crew members of the “Equanimity” to ...

Bloomberg Amazon’s country manager for India has proposed a radical idea: Log off; get a life. In an email to his team earlier this month, Amit Agarwal counselled colleagues to stop responding to emails or work calls between 6 pm and 8 am in the interest of “work-life harmony.” He also talked about the importance of work discipline and how ...

Bloomberg Walmart Inc. bounced back from a lackluster start to the year with the strongest sales gain in more than a decade fueled by its grocery business, brightening the outlook for the overall retail sector. The stock jumped as much as 11 percent, the most intraday since October 2008. Comparable sales at US Walmart stores rose 4.5 percent in the ...