Bloomberg The US merchandise-trade deficit widened to a record in November as imports surged to an all-time high. The gap increased to $97.8 billion last month from a revised $83.2 billion in October, according to Commerce Department data released on Wednesday. The figure exceeded all estimates in a Bloomberg survey of economists. The data aren’t adjusted for inflation. The …

  Bloomberg Alibaba Group Holding Ltd. is in talks with a state-owned conglomerate about a potential deal involving its stake in Weibo Corp, as Beijing moves to curb the influence of China’s tech giants in the sensitive media sphere. China’s e-commerce leader is exploring options for its roughly 30% slice of the Twitter-like social media service, according to people familiar …

  Bloomberg The two Wall Street investment-banking titans dominating this year’s dealmaking frenzy are opening up their wallets to try to keep their bankers happy — and ratcheting up pressure on rivals to follow suit. Goldman Sachs Group Inc may boost its bonus pool for investment banking by about 50%, and JPMorgan Chase & Co may reach for a 40% …