Bloomberg Newspapers have settled on a strategy to stop withering away: feast on each other for survival. For the owners of big-city dailies like the Chicago Tribune and Denver Post, buying smaller publications and slashing costs has become a way to buy time while figuring out how to make more money online. That was the logic behind the recent failed ...

Bloomberg Chile’s long-heralded economic recovery is on hold once again, at least for the rest of this year, the central bank said, cutting its growth and inflation forecasts for 2016. The world’s largest copper producer will expand 1.25 percent to 2.25 percent this year, policy makers said in their quarterly monetary policy report on Monday. The previous estimate was 2 ...

Bloomberg Rioprevidencia, the pension fund for public-sector workers from Rio de Janeiro state, is holding informal talks with holders of its $3.1 billion in bonds after a waiver for breached debt-covenants expired. Rioprevidencia, which is grappling with a 10 billion-real ($2.8 billion) budget hole this year, isn’t currently considering a full restructuring of its dollar-denominated debt and hasn’t hired any ...