Bloomberg UK Prime Minister Boris Johnson began moves to trigger a snap general election after suffering a humiliating defeat for his Brexit strategy that left his ruling party in tatters. A fresh poll to choose a new government would mark the climax of the political chaos that has engulfed Britain for the past three years since the country voted narrowly ...

A 15% tariff that went into effect September 1 on about $112 billion of goods imported from China will start pushing up prices of clothing, shoes and other consumer goods arriving at US ports this week. That should start taking a serious toll on shopping in the US. While 82% of intermediate inputs are already affected by tariffs, just 29% ...

How to make sense of the whopping $47 billion in lease liabilities that WeWork disclosed ahead of its planned IPO? That figure makes WeWork one of the world’s largest lessees, according to Bloomberg data, which is pretty astonishing considering the flexible office space provider was founded less than a decade ago, bleeds cash, and doesn’t plan to become profitable any ...