Bloomberg Telecom Italia SpA’s undersea-cable business Sparkle is among the assets the phone carrier is evaluating for sale to boost its stock price, according to people familiar with the matter. The former phone monopoly is contemplating ways to free up cash that it could spend on cutting debt and paying dividends, said the people, who asked not to be identified ...

Bloomberg US companies and industry groups are returning to Washington this week in an increasingly futile effort to get relief from President Donald Trump’s tariffs on Chinese imports. More than 80 witnesses are scheduled to testify during the two-day hearing on the $16 billion in Chinese goods targeted for 25 percent duties, which could be imposed after a comment period ...

Doves on the Federal Reserve evidently have a vocal ally in President Donald Trump. He said recently that he’s “not thrilled” about the Fed increasing interest rates — a move the central bank is expected to signal this week, without yet doing so. The president’s concern comes at the same time that interest rate watchers are getting nervous about how ...