Bloomberg Stitch Fix Inc. initially soared before sinking back near its offer price in a downsized $120 million initial public offering that fell about a third short of its target. The online personal-styling service backed by Benchmark jumped almost 24 percent in its trading debut. After then dropping as much as 1.3 percent below the $15 offer price, the shares ...

Bloomberg Nearly two-thirds of the US vehicles containing defective air bag inflators made by Takata Corp. remain unrepaired as automakers have made varying degrees of progress addressing the largest auto recall in US history. As of mid-September, 20 million vehicles containing defective Takata air bag inflators still haven’t been fixed, 64 percent of the 31.5 million vehicles containing the defective ...

Bloomberg UK Prime Minister Theresa May is stuck in a Brexit stand-off as European leaders set her a deadl- ine to give ground on the exit bill and the future of the Irish border if talks are to move on to trade before next year. “I made clear to Theresa May that this progress needs to happen at the beginning ...

Bloomberg Catalan separatist voters are standing by their political leaders despite the disappointments and broken promises of the past month, according to pollster Narciso Michavila. After weeks of protests and the decision by more than 2,000 firms to move their legal base from the region, the group led by ousted Catalan President Carles Puigdemont and its two pro-independence allies may ...

Bloomberg North Korea hasn’t secured the key technologies needed to build ballistic missile that can survive a return through the atmosphere, according to South Korea’s Yonhap News Agency. An official from South Korea’s top spy agency told lawmakers that Pyongyang’s missile program still faced the barrier, Yonhap reported, citing a “parliamentary source.” Building a vehicle that can protect warheads from ...

Bloomberg Robert Mugabe’s 37-year grip on political power in Zimbabwe is all but over. The ruling party’s 10 provincial co-coordinating committees resolved to oust the 93-year-old president, a decision that’s set to be ratified by its central executive as early as this weekend. The nation’s parliament is due to reconvene on Tuesday and could impeach him should he refuse to ...

Bloomberg Australian Prime Minister Malcolm Turnbull is at risk of losing his one-seat parliamentary majority with a new poll showing the ruling Liberal-National coalition running neck and neck with the opposition Labor Party in a by-election in the Bennelong district of Sydney to be held on December 16. The by-election came after incumbent Liberal MP John Alexander resigned because of ...

The Russian economy is once again relying on consumers, who are borrowing more to buy real estate and imported products. The growth is real, but it’s also meager. And it will be hard to sustain without bigger changes. On November 13, Rosstat, Russia’s official statistics agency, announced that the country’s gross domestic product increased 1.8 percent year-over-year in the quarter ...

As mankind puts the world’s largest living structure at risk, economists have come up with a new solution: put a price tag on it. Australia’s Great Barrier Reef is bigger than Japan, visible from space and one of the most complex ecosystems on earth. But it’s also under siege from climate change, agricultural runoff, coastal development and illegal fishing. Debate ...

A London tribunal’s ruling last week that Uber drivers aren’t self-employed was hailed as a victory by the company’s critics. The court upheld an earlier finding that Uber resorted to “fictions” and “twisted language” in denying its obligations as an employer, and that its claim to be a service linking 30,000 small businesses to their customers was “faintly ridiculous.” Clear ...