Bloomberg New York’s plan to put the state’s last coal-fired power plants out of business hasn’t even been approved yet and electricity is already trading like they’re shut. The price of power in 2021 in New York City and other regions surged more than 30 percent beginning in May. The only major difference between then and now: a pending state ...

Bloomberg Carlos Ghosn’s arrest is triggering a reckoning at the Japanese carmaker he once saved from near bankruptcy, with Nissan Motor Co reviewing its global operations and relationships with key dealers as part of an expanding investigation into the auto titan’s alleged misdeeds, people familiar with the matter said. Hundreds of people — including regional and legal compliance teams as ...

Bloomberg Vodafone Idea Ltd plans to raise as much as $3.5 billion via a rights offering to help India’s largest mobile-phone carrier fend off Asia’s richest man, who continues to roil the industry by providing 4G Internet at prices that would drive most carriers bankrupt in other countries. Vodafone Group Plc will contribute as much as 110 billion rupees, while ...