General Motors Co. ended last quarter on a strong note, blowing away Wall Street’s earnings estimates. Drilling into the numbers points to a harsher reality that explains why the Detroit carmaker is cutting thousands of…

Photographer: Nejc Prah for Bloomberg Businessweek Photographer: Nejc Prah for Bloomberg Businessweek Last year, U.S. companies announced they were buying more than $1 trillion of their own stock. This record-setting exercise in financial engineering was…

Justin Fox is a Bloomberg Opinion columnist covering business. He was the editorial director of Harvard Business Review and wrote for Time, Fortune and American Banker. He is the author of “The Myth of the…

The Park Lane Hotel in New York. Michael Stewart/Getty Images Michael Stewart/Getty Images A stake in New York’s Park Lane Hotel has been sold to an Abu Dhabi sovereign wealth fund as part of the…

Noah Feldman is a Bloomberg Opinion columnist. He is a professor of law at Harvard University and was a clerk to U.S. Supreme Court Justice David Souter. His books include “The Three Lives of James…

Photographer: Al Drago/Bloomberg Photographer: Al Drago/Bloomberg An ad-libbed moment in President Donald Trump’s latest State of the Union address is the key to interpreting it. “I want people to come into our country in the…

Photographer: Tony Eccles/Moment Open via Getty Images Photographer: Tony Eccles/Moment Open via Getty Images Publicis Groupe SA is setting off alarm bells on Madison Avenue as the ad industry’s earnings season gets underway. The French…

Linda Hasenfratz, president and chief executive officer of Linamar Corp. Photographer: Christinne Muschi/Bloomberg Photographer: Christinne Muschi/Bloomberg The U.S. and Canada should drop steel and aluminum tariffs before automakers are forced to raise prices, the head…