Bloomberg The US economy accelerated to a 4.1 percent pace of growth in the second quarter, the fastest since 2014, letting President Donald Trump claim a win for his policies even though expansion is projected to cool. The annualized rate of gains in gross domestic product was just shy of the 4.2 percent median forecast in a Bloomberg survey. It ...

Bloomberg A US jury awarded International Business Machines Corp. $82.5 million after finding that Groupon Inc. infringed four of its e-commerce patents. The verdict is a boon to IBM’s intellectual-property licensing business, which last year brought in $1.19 billion for the company, holder of more than 45,000 patents. Groupon fell 7.8 percent to $4.84 in New York trading. IBM sued ...

Bloomberg Steinhoff International Holdings NV said the former head of finance in Europe has left the boards of two key units as an investigation into the scandal-hit retailer’s inaccurate accounts deepens. The owner of Conforama in France and Mattress Firm in the US, which last week won support from a majority of creditors to restructure its 9.4 billion euros ($11 ...