Bloomberg The slide in Meitu Inc.’s shares makes for grim viewing. The company behind a photo-retouching app used by hundreds of millions tumbled 13 percent, the most in five months. That came after Meitu posted a first-half loss of $19 million and said it would “de-emphasize net profit generation” until it transformed into a social media platform. The shares fell ...

Bloomberg The next battleground for replacing fossil fuel-guzzling vehicles will be US interstate highways, where long-haul trucks keep the economy moving. Electric trucks are coming, and they’ll be cleaner and cheaper to operate than conventional models that burn diesel, according to Tesla Inc., which already has prototypes on the road. Diesel advocates say range and recharging will be bigger hurdles ...

Bloomberg Aimia Inc. soared after a group led by Air Canada agreed to buy its Aeroplan business for $345 million in cash, ending a takeover battle for one of Canada’s most popular loyalty programs. Air Canada and its banking partners sweetened their bid for Aeroplan, winning over Aimia’s board and an activist shareholder that was seeking a higher price. Air ...