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Bloomberg Joe Biden said threats against officials at a prominent Nevada union that criticised Bernie Sanders’ health care plan by some supporters of the Vermont senator were “outrageous.” The threats were “vicious, malicious,” and “misogynistic,” Biden said in an excerpt of an interview on Sunday on NBC’s “Meet the Press.” The former vice president called on Sanders to accept greater ...

Bloomberg A senior United Nations official called the arms embargo on Libya a “joke” as governments struggled to hold together efforts to end a civil war in the North African country. Germany hosted a meeting of top officials in Munich, who expressed concern about “the deplorable recent violations” of the Libyan weapons embargo, while reaffirming the conclusions of a summit ...

President Xi Jinping has an unwritten deal with the Chinese people: Give me total political control, and I will solve China’s problems and make it a global superpower. This implicit “social contract” had seemed to be working pretty well, until the coronavirus breakout. The epidemic that began in Wuhan in December has spread deep into China’s social fabric. It has ...

It isn’t just Unilever NV that’s struggling to sell more food. Rival Nestle SA now expects to come up short of its self-imposed sales-growth target this year, and it’s counting on acquisitions to put it back on track. While Chief Executive Officer Mark Schneider met the lower end of a goal for underlying operating margin 12 months early, it will ...

Yves Perrier, the chief executive officer of Amundi SA, has said for several years that his aim is to make Asia a second domestic market for his firm. In 2019, the business started to deliver on that promise — which could pave the way for Perrier, who’s spent the past decade building Amundi into Europe’s biggest fund manager, to depart ...

Bombardier Inc. has given up trying to compete in the commercial aerospace market by selling its remaining stake in the 100-150 seat A220 program to its joint venture partner Airbus SE. The $1.5 billion full-year net loss that Airbus announced, alongside that deal, is a painful reminder of why Bombardier’s own large jet ambitions always looked doomed. In theory, building ...

How cheap would you like your natural gas today? Is zero low enough? OK, how about we pay you to take it off our hands? That’s what’s happening in the middle of the US shale patch at the moment — and it’s a symptom of a glut that could reshape energy markets across the world in the coming years. Gas ...

It’s never good when a CEO has to kick off his company’s year-end earnings report, as Kraft Heinz Co.’s did by saying: “While our 2019 results were disappointing …” Disappointing is putting it mildly, though. Try miserable. To recap: It was one year ago this month that the packaged-food manufacturer suffered a $15.4 billion writedown because of damage — largely ...

Two months after suffering its worst general election result for 84 years, Britain’s Labour Party continues to pick up the pieces. While Boris Johnson’s Conservatives govern with an 80-seat majority in the House of Commons, Labour is simultaneously reflecting on its thrashing and electing a successor to outgoing leader Jeremy Corbyn. This week saw the publication by Lord Ashcroft — ...

Bloomberg Investors who poured money into bond funds last year are showing little sign of stopping in 2020, adding more downward pressure to yields. Inflow to fixed-income assets nearly doubled last year to $1 trillion, according to data from Morningstar Inc. With fears about the coronavirus outbreak dimming growth prospects for the global economy and prompting a search for haven ...