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Peugeot owner explores acquisition of GM’s European division

  Bloomberg PSA Group, the maker of Peugeot and Citroen cars, is exploring an acquisition of General Motors Co.’s European business in a deal that would transform the region’s automotive landscape. The French carmaker is in talks on numerous strategic initiatives, including the possible acquisition of Opel, a PSA spokesman said by phone after Bloomberg reported the talks earlier on ...

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Optimism rises as Capex hopes revive

  Bloomberg Say what you will about Donald Trump’s economic prescriptions, it’s hard to argue he hasn’t been a boon for corporate sentiment. A looming question for investors is how that buoyancy will translate when it comes to business spending. Words of optimism are multiplying — literally. Executives used the word “optimistic” on a record 51 percent of earnings calls ...

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Netflix, Amazon fuel LA office demand

  Bloomberg ‘House of Cards’ needs more room. Netflix Inc., the streaming service that’s home to the political drama, last month leased an entire five-story office building in Hollywood, less than three months after signing a decade-long deal for adjacent stages and production offices, bringing its total space in the Sunset Bronson Studios complex to more than 500,000 square feet ...

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