Bloomberg Novartis AG, the Swiss drugmaker, raised its earnings outlook for the second time this year, buoyed by key heart and psoriasis medicines. Earnings excluding some items are expected to increase by a low double-digit to mid-teens percentage, the Basel, Switzerland-based company said. Novartis previously forecast a high single-digit percentage increase. The outlook for sales, new medicines and the Sandoz ...

Bloomberg YouTube reached a settlement with the US Federal Trade Commission (FTC) resolving allegations that the company violated rules about collecting data on and advertising to children, according to a person familiar with the matter. The FTC’s five-member commission voted to approve the settlement, said the person, who declined to be identified because the matter is confidential. Details of the ...

Bloomberg UK law firm Mishcon de Reya is preparing for an initial public offering or a stake sale, Sky News reported, citing people it didn’t identify. The London-based firm, which wants to raise capital to accelerate its expansion, is expected to hire bankers to work on a deal in coming months, Sky said. The company hasn’t made any decisions yet, ...