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Amazon-Deliveroo alliance would eat Uber for dinner

Amazon.com Inc. and British food delivery startup Deliveroo make in some ways cosier bedfellows than Uber Technologies Inc. does with its own competing service, Uber Eats. The US e-commerce giant led a $575 million financing round in London-based Deliveroo. One can’t help but wonder whether the investment is an amuse-bouche for a broader tie-up, a chance for Amazon to get ...

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BMW looks for the ultimate driving machine

Norbert Reithofer chose a good moment to step down as BMW’s chief executive (he’s now the supervisory board chairman, a less high-profile role). When Reithofer made way for Harald Krueger in May 2015, the US Environmental Protection Agency hadn’t yet publicly accused Volkswagen AG of cheating on diesel emissions, which would imperil an entire technology. That same year Trump announced ...

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US stocks steady, Treasury yields touch 19-month low

Bloomberg US equity futures steadied with European stocks as traders returned from American and UK holidays with a cautious outlook. The dollar advanced with Treasuries. Contracts on the S&P 500 fluctuated alongside those on the Dow Jones Industrial Average and the Nasdaq 100. The Stoxx Europe 600 index was steady, erasing earlier losses after better-than-forecast economic confidence data and as ...

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