Bloomberg Stores are so 20th century. At least that’s what many online brands believed. Companies like Warby Parker, Bonobos and Casper didn’t need physical locations to win over millennials and steal market share; a well-designed website was more than enough. And who could fault their logic? Given the brick-and-mortar carnage across America, the evidence seemed overwhelming. Then a funny thing ...

Bloomberg Almost 84 percent of Southeast Asia’s planned and existing fossil fuel power plants are incompatible with future scenarios that avoid catastrophic damage from climate change, according a new study from the University of Oxford. The report, which comes on the heels of a major United Nations-backed study of the impacts of global temperatures rising 1.5 degrees Celsius (2.7 Fahrenheit), ...

Bloomberg Buyout firm Warburg Pincus is considering a $3 billion sale of natural gas producer Navitas Midstream Partners LLC, people with knowledge of the matter said. Navitas has hired investment bank Jefferies Financial Group Inc. to run an auction process, said the people, who asked not to be identified because they weren’t authorized to speak publicly. The company, which is ...