Indian banks are being hit with one disaster after another. They are already dealing with a bad-loan problem that’s close to a crisis—and which caused India’s largest bank to declare a quarterly loss for the first time since the beginning of the millennium. Some of the loans that have gone bad—such as those to the flamboyant liquor magnate Vijay Mallya—already ...

Bloomberg Don’t worry: Technology may come and go, but some things never change. In the not-so-distant future, cars will drive themselves and men may become obsolete (sorry, guys), but home will always be home. It’ll just be a heck of a lot smarter. Granted, some tech is better than other tech. No one needs a Wi-Fi-connected juice press that doesn’t ...

Bloomberg Apple Inc.’s HomePod, the company’s first foray into speakers in a decade, costs $216 to build and generates thinner profit margins than other products like the Apple Watch and iPhone, according to analysis by TechInsights. Given the HomePod’s $349 price, that $216 cost suggests Apple is generating margins of about 38 percent, according to the product analysis firm. That ...