Bloomberg
- ECONOMY
Inflation Is the Only Signal That the Post-Covid Boom Will Heed
(Bloomberg) — Economics used to offer lots of metrics that claimed to show when growing economies were approaching some kind…
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Kominers’s Conundrums: Can You Escape This Column?
(Bloomberg Opinion) — You can now have Conundrums updates sent directly to your inbox! Sign up here. I have not been…
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The Big Question: When Will Women Athletes Receive Equal Treatment?
(Bloomberg Opinion) — This is one of a series of interviews by Bloomberg Opinion columnists on how to solve today’s…
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CDU Leader Demands Quick Decision on German Chancellor Candidacy
(Bloomberg) — The leader of Germany’s Christian Democratic Union is demanding a quick decision about the conservative bloc’s candidate for…
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Alibaba Wishes $2.8 Billion Could Take the Target Off Its Back
Although they were on the hook for a $975 million fine, the ruling by the National Development and Reform Commission…
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U.S. Cases Hit Two-Week High; India in Crisis: Virus Update
Surging cases in the Midwest helped push the number of daily U.S. infections to their highest in more than two…
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Saverin’s B Capital, Others Invest $1 Billion in India’s Byju’s
(Bloomberg) — India’s online-education startup Byju’s is raising about $1 billion from new investors including B Capital Group, founded by…
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A Quant’s Take on Innovation: ‘Data Can Only Take You So Far’
(Bloomberg) — When Gregg Fisher sold his drum kit to buy a computer and start an investing firm in the…
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Twin Storms Menace Western Australia’s Coast Through Weekend
Tropical Cyclone Seroja will likely make landfall in Western Australia late Sunday as a second storm, ex-cyclone Odette, rakes coastal…
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Prince Philip Was No Saint, But He Was the Queen’s Rock
(Bloomberg Opinion) — “I doubt whether I’ve achieved anything likely to be remembered,” the Duke of Edinburgh once observed to a BBC…
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Atomic Superyacht to Offer $3 Million Eco-Tours With Scientists
A nuclear-powered ship full of scientists, activists and billionaires, sailing the world and examining the state of the oceans. That’s the…
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Credit Suisse Sues to Find Who Sent Damaging Email in CEO’s Name
(Bloomberg) — Last month, a fake email purporting to be from Credit Suisse Group AG Chief Executive Officer Thomas Gottstein…
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Bankers Want More Marshmallows Now. So Do We All
(Bloomberg Opinion) — A pandemic that’s killed close to 3 million people worldwide and shut down entire economies was always…
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Michigan Seeks Aid Amid Surge; EU Reviews J&J Shot: Virus Update
(Bloomberg) — Governor Gretchen Whitmer called for Michiganders to voluntarily suspend social activities for two weeks, and asked the federal…
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Gaetz Targeted by House Ethics Panel Amid Sex-Trafficking Probe
(Bloomberg) — The House Ethics Committee has opened an investigation into U.S. Representative Matt Gaetz, a Florida Republican, over sexual…
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Gregg Fisher Sold a Drum Kit, Parlayed It Into a $3 Billion Firm
He was one of the first money managers to deploy factor-investing strategies at his firm Gerstein Fisher, but now Gregg…
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Credit Suisse’s New Chairman to Decide If a Deal Is the Answer
(Bloomberg) — The damage-control work at Credit Suisse Group AG from a pair of disasters that stunned the banking world…
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Slavery Reparations Study Gets House Judiciary Hearing Next Week
(Bloomberg) — A bill to study paying reparations to descendants of slaves will be considered in the House Judiciary Committee…
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Potanin and Rusal Back $2 Billion Nornickel Buyback Plan
(Bloomberg) — MMC Norilsk Nickel PJSC’s biggest shareholders agreed to support a $2 billion share buyback this year as part…
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White House to Host Over a Dozen Companies at Chips Meeting
(Bloomberg) — President Biden’s top economic and national security advisers will host more than a dozen chief executive officers on…
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Blackstone Joins in Risky Commercial-Property CLO Sales Swell
(Bloomberg) — Sales are once again booming for a growing corner of the bond market used to finance risky real…
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Amazon Appears to Defeat Union Drive at Alabama Warehouse
Amazon appeared to beat back the most significant labor drive in its history on Friday, when an initial tally showed…
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‘Bro Culture’ at Camera Maker Verkada Pushed Profits, Parties
(Bloomberg) — Verkada Inc.’s security camera customers were livid. Hackers had breached footage from thousands of surveillance devices trained on…
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Sony’s Obsession With Blockbusters Is Stirring Unrest Within PlayStation Empire
(Bloomberg) — Sony Corp.’s Visual Arts Service Group has long been the unsung hero of many hit PlayStation video games.…
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Brexit uncertainty dents London’s appeal to wealthy international families – report
Brexit uncertainty has made London less attractive to internationally-mobile high net worth individuals, a report by Swiss wealth manager Julius Baer…
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Would Punishing Panic Sellers Doom Bond Mutual Funds?
(Bloomberg Opinion) — “If the ETF came first, the SEC would never approve the mutual fund structure.” I keep thinking…
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Give Pilaf a Chance
(Bloomberg) — Editor’s Note: As more people are working from home, Bloomberg Pursuits is running a weekly Lunch Break column…
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Americans Desperate to Get Out Set Stage for Gasoline Comeback
(Bloomberg) — Americans are getting ready to rekindle their love affair with the open road, unleashing a full-fledged recovery for…
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China’s Didi Raises $1.5 Billion in Debt Ahead of IPO
(Bloomberg) — Didi Chuxing is raising $1.5 billion of debt financing from banks as the Chinese ride-hailing giant seeks to…
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Beyond Pandemic’s Upheaval, a Racial Wealth Gap Endures
“I want to emphasize that,” he added. “Through no fault of their own.” The pandemic has hit African-Americans and Latinos…
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Google-Backed India Courier App Dunzo Seeks $150 Million Funding
(Bloomberg) — Dunzo Digital Private Ltd., a delivery startup backed by Google and operating in eight Indian cities, aims to…
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Covid-ravaged UK property funds hit with record outflows
Investors pulled £589m from UK property funds in March, marking the worst month on record for a sector that is…
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Soho House lines up US float that would value the Ned-operator at $3bn
Soho House, the operator of City private members’ club The Ned, is reportedly poised to go public after making a…
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The World’s First Carbon Border Tariff, Explained
At least initially, goods produced in the EU will be more expensive than those not subject to emissions-reducing regulations, making…
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A Carbon-Sucking Startup Has Been Paralyzed by Its CEO
(Bloomberg) — The prototype of the device meant to stave off climate devastation looks like a shipping container wrapped in…
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Jab Shortage in China, Curbs to Return in Japan: Virus Update
(Bloomberg) — China’s target to vaccinate 560 million people — 40% of its population — by the end of June…
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Canada Is a Test of Climate Ambition
(Bloomberg Opinion) — Last in a four-part series on oil-dependent economies and their transition to a zero-carbon future. Read part one…
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First India EV Battery Plant Takes Shape to Cut China Dependence
(Bloomberg) — The son-in-law of India’s biggest steel tycoon is betting big on converting coal tar into graphite anodes for…
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Tightening mortgage stress test could have fast impact on housing market, RBC CEO says
Breadcrumb Trail Links Real Estate Economy Dave McKay told reporters that he did think some action will be necessary to…
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Current Emissions Put the World on Track for Biodiversity Collapse
(Bloomberg) — The lemurs of Madagascar and Himalayan snow leopards are among the hundreds of endemic species that will all but…
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Brazil Hits Record Deaths; NYC Shifts School Rules: Virus Update
(Bloomberg) — New York City said four or more Covid-19 cases in a school in a week will result in…
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Bank of America hands junior bankers a salary boost of up to $25,000 amid deal surge
Bank of America is rolling out salary increases for its junior bankers, as the US bank looks to reward its…
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Covid-19 Is About to Become Much Less Deadly
(Bloomberg Opinion) — It can be discouraging to see U.S Covid-19 cases on the rise again, even as the country…
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Ron Burkle’s SPAC Said in Talks for $4 Billion Signa Sports Deal
(Bloomberg) — German online retailer Signa Sports United GmbH is in talks to go public through a merger with billionaire…
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Atlantic Faces Another Wild Hurricane Season After Record 2020
(Bloomberg) — The Atlantic hurricane season is poised to be another wild one, with forecasters predicting an above-average 17 named…
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India Startup Byju’s Makes Global Push With One-on-One Lessons
(Bloomberg) — India’s second-most valuable startup Byju’s is expanding its push into international markets to drive future growth, after reaping…
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Augusta National’s Golf Elite Face Questions on Race and Power
(Bloomberg) — It’s high season in Augusta, Georgia. On Thursday, the most exclusive golf club in the U.S. opens its…
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U.S. Companies Push Case for Ballot Access After Georgia Fumble
(Bloomberg) — U.S. companies are leveraging their influence against the next wave of Republican-backed bills that tighten state voting rules,…
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Hydrogen Fund CEO Sees Early Bets Rewarded With Higher Returns
(Bloomberg) — The boss of the FiveT Hydrogen Fund, a new vehicle seeking to raise 1 billion euros ($1.2 billion)…
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AJ Bell adds Aquis Stock Exchange to its platform
Online investment platform AJ Bell has added Aquis Stock Exchange to its trading platform, giving retail investors access to companies…
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