CONSD
- ECONOMY
Two-Minute Battery Changes Propel India’s Shift to E-Scooters
(Bloomberg) — For time-pressed delivery drivers in Bengaluru, replenishing the batteries of the electric auto rickshaws increasingly being used to…
Read More » - ECONOMY
How Four Powerful Brothers Broke an Island Nation
(Bloomberg Opinion) — In just over two years, Sri Lanka’s first family has presided over a series of crises mostly…
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The 18 Minutes of Trading Chaos That Broke the Nickel Market
(Bloomberg Businessweek) — It was 5:42 a.m. on March 8 in London when the nickel market broke. At that time…
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China Locks Down Shenzhen, Jilin as Cases Spread: Virus Update
(Bloomberg) — China locked down Shenzhen city and Jilin province, threatening technology and auto manufacturing output in the nation’s latest…
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Peloton Got Trapped in Its Trillion-Dollar Fantasy
(Bloomberg Businessweek) — Up until a few years ago, it was safe to assume that someone using the word “peloton”…
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Facebook’s Metaverse Vision Questioned by Gaming Veteran
(Bloomberg) — Mark Zuckerberg’s Meta Platforms Inc. is among the most vocal proponents of the future of the metaverse, but…
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A Billionaire’s Heir Hangs Up His Healing Crystal to Fix Capitalism
(Bloomberg Businessweek) — William Peterffy, the only son of billionaire Thomas Peterffy, has cycled through a lifetime’s worth of occupations…
Read More » - ECONOMY
The List of Foreign Companies Pulling Out of Russia Keeps Growing
(Bloomberg) — The invasion of Ukraine is causing a mass exodus of companies from Russia, reversing three decades of investment by Western…
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What Progressives Get Wrong About the Gilded Age
(Bloomberg Opinion) — It was a giant ad on the side of a double-decker bus that did it. I have…
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Airbnb to Provide Accommodation for 100,000 Ukrainian Refugees
(Bloomberg) — Airbnb Inc. is offering free short-term housing for up to 100,000 Ukrainian refugees who are fleeing the Russian…
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Russia, Ukraine Officials to Meet as Ruble Sinks: Ukraine Update
(Bloomberg) — Talks between Ukrainian officials and their Russian counterparts could get underway within hours on a conflict that’s triggered…
Read More » - ECONOMY
Wall Street Is Buying Starter Homes to Quietly Become America’s Landlord
(Bloomberg Businessweek) — Javier Vidana started out as a real estate agent in 2013, when Arizona’s Salt River Valley seemed…
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Super Bowl Ads, Conquests and Your Next Car
There was no missing the fact that a number of the ads were for electric vehicles. In fact, Super Bowl car…
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China’s Ghost Cities Are Finally Stirring to Life After Years of Empty Streets
(Bloomberg Businessweek) — Conjured out of nothing and lived in by seemingly no one, China’s so-called ghost cities became the…
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The Diapers.com Guy Wants to Build a Utopian Megalopolis
(Bloomberg Businessweek) — In an American economy of winners and losers, it’s clear where Marc Lore falls. He founded two…
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Bordeaux 2020: The 19 Wines to Buy From the Strangest Vintage Ever
(Bloomberg) — Château Margaux, $620 a bottle; Château Lafite Rothschild, $695; Haut-Bailly, $139; Ducru-Beaucaillou, $239 . . . The final…
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Sexy Tea, the Lion King and Taiwan’s Lost Innocence
(Bloomberg Opinion) — After 15 months leading the world as a case study in epidemic management, Taiwan’s bubble has burst. In…
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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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Byju’s to Become India’s Most-Valuable Startup After UBS Funding
(Bloomberg) — Byju’s, India’s online education pioneer, is raising about $150 million from UBS Group AG at a valuation of…
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Israeli Chipmaker Valens In PTK SPAC Merger Talks
(Bloomberg) — Israeli chipmaker Valens Semiconductor Ltd. is in talks to go public through PTK Acquisition Corp., a blank-check firm,…
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The Pandemic Is Creating a ‘Postwar Boom’ for Luxury Carmakers
(Bloomberg) — Famously reticent to disclose how many cars they sell or at what amount of profit, luxury automakers are finding it…
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Andrew Yang Raises $2.1 Million in Direct Donations for NYC Mayoral Run
(Bloomberg) — Andrew Yang has raised more than $2.1 million in direct contributions in two months for his New York…
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Denver Could Get a Foot or More of Snow From Late Season Storm
(Bloomberg) — The official start of spring is just a week away but Denver is about to find itself knee…
Read More » - ECONOMY
Travel Industry Sees Glimmers of Recovery in Africa, Antarctica
(Bloomberg) — Early in the global pandemic, travel experts rushed to determine the shape of the recovery. Would it be L-shaped?…
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