Bloomberg Blackstone Group LP and Prudential Plc were picked as preferred bidders for about 12.5 billion pounds ($16 billion) of UK mortgages made by failed lender Bradford & Bingley, according to two people with knowledge of the matter. The New York private-equity giant and London-based insurer were among winners in a contest overseen by UK Asset Resolution Ltd., a ...

  Bloomberg General Motors Co. boosted incentives on its pickup models this month after its biggest foes gained ground, intensifying a price war within the US auto market’s most hotly contested segment. Discounts averaged about $6,996 for the Chevrolet Silverado and $5,315 for the GMC Sierra this month through February 12, according to J.D. Power dealer data obtained by Bloomberg ...

  One of the most startling allegations in a January report by US intelligence agencies about Russian hacking was this sentence: “Russia has sought to influence elections across Europe.” This warning of a campaign far broader than the US got little attention in America. We may be missing the forest for the trees in the Russia story: The Kremlin’s attempt ...