Bloomberg HP Inc’s board unanimously rejected Xerox Holdings Corp’s unsolicited takeover proposal, saying the $22-a-share offer is too low and citing concerns about the smaller rival’s prospects in the printing industry. HP is “open to exploring” a merger but there are “fundamental questions that need to be addressed,” Chief Executive Officer Enrique Lores and Chairman Chip Bergh wrote in a ...

Bloomberg Almost 32,000 customers could lose power as dry, gusty winds whip up critical wildfire conditions across almost 6,000 square miles in Southern California, with another 250,000 affected in the northern part of the state. The winds gusting as high as 50 miles (80 kilometers) per hour could affect mountain and coastal areas, including Ventura, Los Angeles and San Diego ...

Bloomberg London’s office landlords keep being surprised that things aren’t a lot worse. Demand for office space in the UK capital is holding up even as political uncertainty persists in a nation gripped by its decision to leave the European Union. Businesses have continued to lease space despite the prospect of a general election that’s pitted the Brexit-backing Conservative party ...