Bloomberg Florida luxury train operator Brightline is dropping plans to rebrand as Virgin Trains USA and ending its relationship with Richard Branson’s Virgin Enterprises. The company had entered into a branding deal with Virgin in advance of a planned initial public offering, which was scrapped indefinitely on pricing day in February 2019. At the time, the companies touted synergies between ...

Bloomberg More economic upheaval is on the horizon in Europe as plans to end the unprecedented support for workers during the coronavirus pandemic threaten to tip millions of households into a debt trap. Organisations that help individuals sort out their financial problems are warning of a sharp increase in the number of families burdened by bills they can’t pay. Even ...

Bloomberg Rising real yields are throwing cold water on the rally their historic plunge stoked. Real interest rates — which strip out the effects of inflation — rose by the most in a month Friday after a stronger-than-forecast July jobs report. The lurch higher from record-low negative levels helped send technology shares and gold lower, while the Bloomberg Dollar Spot ...