NORTHAM
- 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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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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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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Amazon’s Win Delivers a Stinging Defeat to the U.S. Labor Movement
(Bloomberg Businessweek) — The union loss against Amazon.com Inc. in Bessemer, Ala. marks a stinging defeat for the U.S. labor…
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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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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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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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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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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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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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Bill Hwang Had $20 Billion, Then Lost It All in Two Days
(Bloomberg Businessweek) — Before he lost it all—all $20 billion—Bill Hwang was the greatest trader you’d never heard of. Starting…
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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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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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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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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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Amazon Is Helping to Resurrect the Labor Movement
(Bloomberg Opinion) — The U.S. labor movement has been moribund for decades, but a high-profile unionization drive at Amazon.com Inc.…
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A Nobel Prize-Nominated Chef Isn’t Giving Up on Cities
This fall, José Andrés will open an outpost of the beloved Mediterranean restaurant Zaytinya in the new Ritz-Carlton New York, NoMad. A branch of…
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The Complicated Relationship Between Black Wealth and Education
As the cost of college has skyrocketed, student debt burdens have, too, with minorities carrying the brunt of those financial…
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Biden’s School-Reopening Plans at Risk on Sports-Tied Outbreaks
(Bloomberg) — The coronavirus pandemic is erupting anew in youth sports across the U.S., prompting fresh warnings from President Joe…
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Indonesia’s Jokowi Wants Growth. And Something More
(Bloomberg Opinion) — In upsetting everyone’s best-laid plans, the pandemic has made us aware of the fallibility of our single-minded pursuit of peak efficiency.…
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Nigeria’s Oil Curse Could Become an Opportunity
(Bloomberg Opinion) — Third in a four-part series on oil-dependent economies and their transition to a zero-carbon future. Read part one…
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EU Fails to Unify on Astra; Variant Common in U.S.: Virus Update
(Bloomberg) — The European Union failed to unify in responding to links between AstraZeneca Plc’s Covid-19 vaccine and a rare…
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Threat of Higher Corporate Taxes Starts to Unnerve Investors
(Bloomberg) — Inflation was a first-quarter problem. Investors are now fretting over the potential tax bill companies could face as…
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Baseball Deserves to Lose Its Antitrust Immunity
(Bloomberg Opinion) — When Major League Baseball decided to move the midseason All-Star game out of Atlanta to protest a…
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California Sees Spring Awakening After Over a Year in Lockdown
(Bloomberg) — California, the first state to impose severe lockdown restrictions as the pandemic raged a year ago, is finally…
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Ten House Democrats Join Lawsuit Blaming Trump and Giuliani for Capitol Riot
(Bloomberg) — Ten Democratic members of Congress have joined a lawsuit alleging former President Donald Trump and his personal lawyer…
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Pandemic Migration Made Rent Less Affordable Across the U.S.
(Bloomberg) — They fled Seattle for Tacoma, San Francisco for Sacramento and New York City for Kingston. As people relocated…
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Don’t You Dare Speed Through Switzerland in a Ferrari Testarossa
(Bloomberg Businessweek) — A traffic fine that’s meaningless to a multi-millionaire can be crippling to someone living on the edge. Along…
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Pharmacies Face Peril Without Opioid Settlements, Judge Says
(Bloomberg) — CVS Health Corp., Walgreens Boots Alliance and other pharmacy chains face mounting pressure to settle thousands of government…
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This Bank Regulation Is Undermining the Recovery
(Bloomberg Opinion) — The Federal Reserve is deploying vast resources to ensure that the U.S. economy recovers as fully as…
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America’s Top Residential Solar CEO Has Started Selling Peace of Mind
(Bloomberg) — Residential solar looked like a generational opportunity to Lynn Jurich back when few American homeowners had panel systems.…
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The Complicated Calculus of Traveling With Kids During Covid
(Bloomberg) — To the long list of ways that Covid-19 has changed travel, add this one: The kids’ club just…
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EPA’s New Chief Gets to Work on Climate Goals—and Hiring Scientists
(Bloomberg) — President Joe Biden has promised to put the U.S. on a path to net-zero greenhouse gas emissions by 2050 that…
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Who’s Afraid of the Big Bad Economic Boom?
(Bloomberg Opinion) — The global recovery needs to call its agent. An economic rebound as brawny as the one projected…
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Samsung Profit Beats Estimates as Mobile Sales Cushion Fab Loss
(Bloomberg) — Samsung Electronics Co.’s profit for the first quarter beat analysts’ estimates as strong smartphone and gadget sales softened…
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Biden Sets New Shot Goal: Brazil Has 4,000 Deaths: Virus Update
(Bloomberg) — U.S. President Joe Biden said he wants all American adults to be eligible for a coronavirus vaccine by…
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EV-Battery Rivals Race the Clock to Sway Biden on Import Ban
(Bloomberg) — Two of the world’s largest electric-vehicle battery makers have hired top Washington insiders to hold near-daily meetings with…
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Intel Brings Delayed Tech to Server, Ready for ‘Huge Build-Out’
(Bloomberg) — Intel Corp., the world’s largest chipmaker, said it’s offering a revamped version of its Xeon range in time…
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Dying Patients Wait in Vain After Trump-Era Easing of Drug Law
(Bloomberg) — Lisa Stockman-Mauriello is dying. She has one last ambition: to live long enough to see her three sons…
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Yellen’s Global Tax Plan Is a China Trade War-Level Fight
(Bloomberg Opinion) — If you expected the administration of President Joe Biden to be a return to normalcy on trade…
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Diversity Data Debate at Stock Exchanges is About the Role of Finance
(Bloomberg Markets) — Two of the most powerful women in finance are at odds over how to use their power. In…
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