Bloomberg A $2.5 billion spending spree involving more than two dozen deals provides some insight into how Mukesh Ambani is piecing together a strategy to take on Amazon.com in India. Asia’s richest man is sharpening his focus on e-commerce with a string of tiny acquisitions and stake purchases to face the world’s largest online retailer, after shaking up India’s telecommunications ...

Bloomberg Selling “a rich man’s sauce at a poor man’s price” has made David Tran a very wealthy man. The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers. After settling in Los Angeles in 1979, Tran founded Huy Fong Foods Inc, named for the Huey Fong boat that brought him to the US, and started making hot ...

Bloomberg Just hours after Ethiopia demanded Boeing Co fix flight controls blamed for the crash of a 737 Max 8 jet last month, the parents of an American victim sued the company, and her grand-uncle, consumer advocate Ralph Nader, called for a boycott and recall of the plane. The flurry of new legal woes came as Boeing Chief Executive Officer ...