Bloomberg Zimbabwe’s money shortage has seen card and mobile-money payments eclipse cash sales at the nation’s retailers, throttling suppliers’ stock of hard currency needed to put goods on shelves and forcing up food prices. Cash transactions have shrunk to about 2 percent of daily takings across the 33-store Spar Zimbabwe chain, from 60 percent a year ago, Managing Director Terence ...

Bloomberg Wells Fargo & Co. is wrapping up one of its worst years ever by passing a baton to Washington’s new favourite financial-industry villain: Equifax Inc. Executives from both companies will travel to Capitol Hill this week to testify in overlapping hearings about efforts to aid customers stung by lapses at their firms. Lawmakers on both sides of the aisle ...

Bloomberg Boeing Co. is buying drone pioneer Aurora Flight Sciences Corp., gaining a portfolio of futuristic technology such as unmanned air taxis that may someday navigate city skies for Uber Technologies Inc. With the acquisition, Boeing is betting that smarter airplanes will dominate flying, with computer algorithms and artificial intelligence playing an increasingly important role in the cockpit. Aurora is ...