BASIC
- ECONOMY
‘Climate Chancellor’ Merkel Leaves Germans Flooded and Frustrated
(Bloomberg Markets) — Angela Merkel’s slow-motion departure from the German political stage took an ironic turn in April as the…
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A Startup Plans to Mine the Ocean Floor. It Could Be a Disaster.
(Bloomberg Opinion) — The sea floor between Hawaii and Mexico is covered in potato-sized rocks that contain many of the…
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U.S. Steelmakers Earnings Leave Investors Pondering Peak Prices
(Bloomberg) — Two of the largest U.S. steelmakers posted record quarterly profit that easily beat analysts’ estimates during the greatest…
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Gold Trader’s Chat Bragged About ‘How Easy’ It Is to Manipulate Prices
(Bloomberg) — Chat logs introduced as evidence by prosecutors at the Chicago spoofing trial of two former precious-metals traders for…
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Mark Bittman Is Already Disappointed in President Biden
(Bloomberg) — Few people have had as much to say about the American diet as Mark Bittman. Between his bestselling…
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Global Growth Boom May Disappoint, Morgan Stanley’s Sharma Warns
(Bloomberg) — China’s regulatory crackdown on its technology sector and U.S. consumers possibly saving more than they spend are twin…
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The Big Question: Can U.S. Workers Close the Skills Gap?
(Bloomberg Opinion) — This is one of a series of interviews by Bloomberg Opinion columnists on how to solve the…
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Welcome to Europe in 2035: Electric Taxis and Hydrogen Boilers
(Bloomberg) — It’s just after 5 p.m. on Friday in late July 2035. You’re driving home from work in your electric car.…
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U.S. Oil Consumption Surging With Industry Firing at Full Blast
(Bloomberg) — America’s oil demand has soared to new heights in a remarkable turnaround from just a year ago when…
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This Industrial Giant Expects Inflation to Be Sticky
(Bloomberg Opinion) — The key question heading into this industrial earnings season was whether some combination of the delta variant…
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Lone Star Agrees to Buy CVC’s Chemical Firm AOC for $2.4 Billion
(Bloomberg) — Private equity firm Lone Star Funds has agreed to buy chemicals company AOC from buyout firm CVC Capital…
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These Charts Show Bitcoin’s Comedown — and Where It Might Go Next
(Bloomberg) — Bitcoin has had a rough time in the past couple of months after hitting a record high, that…
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Golf Carts Now Run on the Same Batteries as Your EV
Golf carts are no exception. “The pandemic exploded our business,” said John Evans, who has been running Mission Golf Cars…
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Wind Project Splinters a Mexico Region Prized for Powerful Gusts
(Bloomberg) — Two years ago, an SUV carrying four men screeched to a halt in front of the house of German…
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Historic Paris Jewelry House Makes Waves With Holographic New Collection
(Bloomberg) — This week during Paris Haute Couture Week, jewelry houses will unveil exquisite high jewelry creations featuring ultra-rare gemstones and…
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Where Did Marcos Hide His $10 Billion Fortune?
(Bloomberg Businessweek) — Senator Paul Laxalt was in a classified briefing about political chaos in the Philippines when an assistant…
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From Mine to Wedding Finger: Russian Diamond Track and Trace
(Bloomberg) — Russia’s Alrosa PJSC is offering diamond buyers a new laser-marking technology that will allow customers to trace rough…
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For Some Brits, the American Revolution Never Ended
(Bloomberg Opinion) — This is one of the most joyous weekends in the American calendar, high summer and the commemoration…
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The Family Behind the Covid Bleach Cure Was Making a Fortune
(Bloomberg Businessweek) — Mark Grenon jolted awake in a sweat, his heart pounding. He’d been shaken by a nightmare that…
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If Hardwood Floor Prices Have You Down, Try a More Eco-Friendly Option
(Bloomberg Businessweek) — Hardwoods are often a first choice when it comes to flooring, but they’re not perfect for every…
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Banks Shut, Phones Cut Amid Eswatini Anti-Monarchy Protests
(Bloomberg) — Banks and stores were forced to close and mobile-phone services disrupted as violent pro-democracy protests prompted Africa’s last…
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Road Trippers Face Occasional Empty Pump And Pricey Gasoline
(Bloomberg) — American drivers hitting the road for the 4th of July weekend are used to hunting for cheaper gasoline…
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Billionaire Eurnekian’s CGC Buys Sinopec Assets in Argentina
The deal is valued at $240 million including debt, according to a person with knowledge of the matter. The purchase…
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Bank BNY Mellon Embraces Crypto, But One of Its Units Isn’t So Sure
(Bloomberg) — BNY Mellon says it’s the first global bank to allow clients to hold, transfer and issue digital currencies.…
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Why Methane Is Climate’s Low-Hanging Invisible Fruit
(Bloomberg) — Methane is the second-largest contributor to global warming after carbon dioxide. But new and better techniques to spot…
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Commodity Traders Harvest Billions While Prices Rise for Everyone Else
(Bloomberg) — Doug King set up his hedge fund in the early days of the commodity super-cycle in 2004. It…
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In Last Deal, Glasenberg Bets on Coal’s Long, Lucrative Twilight
(Bloomberg) — Ivan Glasenberg is Mr. Coal. The most successful commodity trader of his generation built his career on slaking…
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Russia Stumbles in Bid to Fight Global Price Surge With Duties
Russia’s answer to the surge in global commodity prices has been a mass experiment with duties, export curbs and price…
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The World Economy Is Suddenly Running Low on Everything
(Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today,…
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Merck’s Little Brown Pill Could Transform the Fight Against Covid
(Bloomberg Businessweek) — The story of what might become the next major breakthrough in Covid-19 treatment starts on a hotel…
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