Bloomberg SoftBank Group Corp is hiring a trio of industry veterans to oversee a $5 billion technology fund headed by Chief Operating Officer Marcelo Claure that focuses on Latin America. André Maciel, a former managing director at JPMorgan Chase & Co in Brazil, will join the SoftBank Innovation Fund as managing partner, the company said in a release. Paulo Passoni, ...

Bloomberg For decades, there was just one way for China’s car market: up. Once the trend abruptly reversed 10 months ago, the free fall in the world’s largest market has shown no signs of easing. Retail sales of sedans, sport utility vehicles, minivans and multipurpose vehicles continued their plunge in March, dropping 12 percent to 1.78 million units, the China ...

Bloomberg Developers have been trying for six years to build a 124-mile natural gas pipeline from Pennsylvania to New York. Despite winning a federal approval in 2014, the project is still no closer to reality. Enter President Donald Trump, who on Wednesday is poised to issue an executive order to promote projects like the long-stalled Constitution Pipeline, according to people ...