Bloomberg After getting kicked out of the chief executive officer job at Uber Technologies Inc. in June, Travis Kalanick is getting back in the saddle. Kalanick said he’s buying a controlling stake in a distressed real estate company called City Storage Systems for $150 million and installing himself as CEO. The investment represents roughly 10 percent of his liquid wealth. ...

Bloomberg The UK’s transitional agreement to smooth its departure from the European Union is too late to stop some of Brexit’s fallout. Nearly one in seven EU companies with UK suppliers have moved some of their business out of Britain, according to the Chartered Institute of Procurement & Supply. Almost a third of UK businesses with suppliers from the bloc ...

Bloomberg BMW AG became the latest in a list of carmakers under investigation over suspected illegal devices to influence emissions setups in its diesel vehicles—even as the German carmaker said it simply made a mistake. Munich prosecutors led searches involving 100 officials, a day before the carmaker’s annual earnings press conference, visiting BMW’s headquarter in the Bavarian capital as well ...