INDUSTRIAL
- ECONOMY
Vaccines Aren’t Enough to Keep British Stocks Exciting
(Bloomberg Opinion) — Investors have done well out of the U.K. reopening trade. The reversal in fortune for many domestically-focused…
Read More » - ECONOMY
GE, AerCap Entice Investors With Deal Still Shrouded in Mystery
(Bloomberg) — General Electric Co. and AerCap Holdings NV have yet to announce any deals, but investors applauded reports that…
Read More » - ECONOMY
Airlines and Travel Groups Urge U.S. to Develop Virus Passport
(Bloomberg) — U.S. airlines, joined by travel groups and labor, urged the Biden administration to take the lead in developing…
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Florida Cuts Vaccine Age to 60; Global Immunity: Virus Update
(Bloomberg) — U.S. coronavirus cases posted the slowest spread since the pandemic began almost a year ago. The Centers for…
Read More » - ECONOMY
‘Hey, Hey, Money Maker’: Inside the $156 Billion SPAC Bubble
(Bloomberg) — Whenever greed meets reality and giddy markets collapse, Wall Street pros usually admit that they sensed the end…
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Israel Builders Eye Rebound as Palestinian Laborers Get Vaccines
(Bloomberg) — Israel started to vaccinate Palestinian laborers who work inside its borders and in West Bank settlements on Monday,…
Read More » - ECONOMY
Singapore Warms to Electric Cars Two Years After Tesla’s Rebuke
(Bloomberg) — After years of not doing much to foster the uptake of electric cars, Singapore has started to embrace…
Read More » - ECONOMY
World’s Largest E-Scooter Factory Aims to Make EV Each 2 Seconds
(Bloomberg) — Bhavish Aggarwal surveys the empty 500-acre expanse encircled by neon-painted homes, tiny shrines and mango groves. The high-profile…
Read More » - ECONOMY
Biden’s Style Belies Ambitions Beyond Undoing Trump Legacy
(Bloomberg) — The new U.S. president starts his days with an early morning workout in the gym of the White…
Read More » - ECONOMY
Forget GameStop. If You Want Real Risk, Invest in Supercars
(Bloomberg Businessweek) — Everyone notices the doors, but few pay much attention to the sills. In 1954, Mercedes-Benz unveiled its…
Read More » - Finance
FCA bans ex-Stifel trader for market abuse
The Financial Conduct Authority has banned a former Stifel Nicolaus Europe market-making trader from regulated activity and fined him £52,500…
Read More » - ECONOMY
TWo Airline Titans Weigh In on the Future of Flight
(Bloomberg Opinion) — One year into the Covid-19 pandemic and a few months into the vaccine rollout, demand for air…
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South Korea and Taiwan’s Chip Power Rattles the U.S. and China
(Bloomberg Businessweek) — There’s nothing like a supply shock to illuminate the tectonic shifts in an industry, laying bare the…
Read More » - ECONOMY
Now Could Be Buffett’s Moment to Lend America a Hand
(Bloomberg Opinion) — From a new presidential slogan of “Build Back Better” to an economy strained by supply chain problems…
Read More » - ECONOMY
China Investors Await Policy Signals to Boost Faltering Stocks
(Bloomberg) — China’s renewable energy, defense and technology sectors are poised for a boost from the nation’s top political meeting…
Read More » - ECONOMY
Warren Backs More Audits for Rich as Part of Wealth Tax Plan
(Bloomberg) — Senator Elizabeth Warren said IRS funding should be bolstered so the richest Americans get audited about once every…
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China’s Nio Misses Profit Forecast Even as Vehicles Sales Grow
(Bloomberg) — Chinese electric-vehicle upstart Nio Inc. posted a wider-than-expected loss in the fourth quarter, a year after a government…
Read More » - ECONOMY
This Company Helps Roughnecks Find Renewable Energy Jobs
(Bloomberg) — Alfred Burt grew up following his father across the oil patches of Texas. He carried on the family tradition,…
Read More » - ECONOMY
Round-the-World Cruises Are Selling Out More Than a Year in Advance
(Bloomberg) — After a year of isolation and lockdowns, four months on a ship is looking pretty good to cruise super fans.…
Read More » - ECONOMY
A Property Boom Built on Invisible Slums
(Bloomberg Opinion) — A booming stock market at a time of pandemic recession and widening inequality is an unfortunate combination,…
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Israeli-Owned Cargo Ship Struck by Explosion in Persian Gulf
(Bloomberg) — An unexplained blast struck an Israeli-owned cargo ship in the Persian Gulf, at a time of rising frictions…
Read More » - ECONOMY
Will the 2021 Earnings Bonanza Really Happen?
(Bloomberg Opinion) — Fourth-quarter earnings are just about over, which means investors can officially turn their attention to 2021, a…
Read More » - ECONOMY
Local Hazards Grow as Americans Churn Out More Garbage
(Bloomberg) — As U.S. cities struggle to rein in garbage while propping up pricey recycling efforts, more companies are profiting…
Read More » - ECONOMY
When Does a Commodities Boom Turn Into a Supercycle?
(Bloomberg) — A surge in commodity prices has Wall Street banks gearing up for the arrival of what may be…
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U.S. Companies Start to Flex Pricing Power in First Test for Fed
(Bloomberg) — U.S. consumer prices are headed higher -– at least according to the people who set them. Corporate leaders…
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Texas Deep Freeze Could Cost $90 Billion in Losses, Modeler Says
(Bloomberg) — Texas’s deep freeze and power outages last week could cost as much as $90 billion in losses, and…
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For the Posh, Bentley’s New Flying Spur Is Practically Pious
(Bloomberg) — Bentley isn’t the first brand that springs to mind when it comes to green driving. Tesla and Toyota…
Read More » - ECONOMY
Elon Musk Loses $15 Billion in a Day After Bitcoin Warning
(Bloomberg) — Elon Musk is no longer the world’s richest person after Tesla Inc. shares slid 8.6% on Monday, wiping…
Read More » - ECONOMY
The Worst of Winter Has Passed With the U.S. Entering Spring
(Bloomberg) — The bitter chill that toppled Texas’s power grid and broke records across the Great Plains has retreated and…
Read More » - ECONOMY
Renting All Your Furniture Means Never Discarding Another Sofa
(Bloomberg) — Plastic-wrapped foam mattresses, dilapidated plastic shelving units, three-legged Ikea chairs—Jay Reno calls this “end-of-life” furniture. And it’s accumulating…
Read More » - ECONOMY
Mexico Shifts Into Reverse on Electric Vehicles
(Bloomberg Opinion) — The combustible engine’s end date is firming up: General Motors Co., the largest of the Detroit big…
Read More » - ECONOMY
Cars, Crime, and Startup Culture in HBO’s The Lady and the Dale
(Bloomberg) — Elizabeth Carmichael is a difficult character to love. She conned thousands of people out of their hard-earned money. She…
Read More » - ECONOMY
Plane Parts Are Falling From the Sky. Is Boeing to Blame?
(Bloomberg Opinion) — It’s never helpful for the aviation community when fiery debris falls from the sky onto a large U.S.…
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