Bloomberg Later this year, Apple Inc. will put augmented reality software in as many as a billion mobile devices. Alphabet Inc.’s Google beat Apple by three years in releasing AR tools, but its features are on very few phones and haven’t gained wide acceptance. By contrast, Apple can easily pair its software and devices, an advantage that will help it …

Bloomberg Wells Fargo & Co. has lost ‘tens of millions of dollars’ in revenue from municipal and state clients since a sales scandal in its consumer bank erupted 10 months ago, Chief Financial Officer John Shrewsberry said in a statement. Shrewsberry said the decline isn’t material to Wells Fargo’s earnings, but added the company is working to regain the business. …

Bloomberg The Indian rupee may weaken as global funds start to hit buying limits for the nation’s debt and valuations for equities look expensive, according to HSBC Holdings Plc. “I won’t be surprised if we drift down to 65-65.25 to the dollar over the next two months,” Pradeep Khanna, HSBC’s head of global markets trading for India in Mumbai, said …