Bloomberg YouTube is hitting the pause button on its Hollywood expansion. As Netflix Inc. and Amazon.com Inc. pour ever-larger sums into TV and movie production, Google is holding spending at current levels for its YouTube Red streaming service for the next two years, people with knowledge of the matter said. That’s leading producers to question the company’s strategy. Google often ...

Bloomberg As the newest cooperator for Special Counsel Robert Mueller, Rick Gates gives prosecutors a powerful weapon in pursuing former Trump campaign chairman Paul Manafort and possible election collusion with Russia. Gates, who pleaded guilty in Washington, was Manafort’s right-hand man and worked with him for a decade in his political consulting firm lobbying on behalf of Ukraine before joining ...

Bloomberg President Donald Trump said it may be “very, very unfortunate” for the world if US sanctions fail to stop North Korea’s nuclear weapons program, as he imposed the largest US penalties package yet against the rogue regime. “Phase 2 might be a very rough thing,” if the sanctions don’t succeed, Trump added at a joint press conference with Australian ...