WORLD
- ECONOMY
Transcript: Brian Venturo on the Battle for Semiconductors
And price definitely changes with where crypto is, right?They know that they have a limited supply. It’s virtually unlimited demand.…
Read More » - ECONOMY
On the Jersey Shore, Surf’s Up — Way Up
(Bloomberg Opinion) — In New Jersey’s beach towns, there are two sets of data that always seem to be rising:…
Read More » - ECONOMY
Signal Jabs at Facebook and Navigates Growing Pains as Popularity Surges
Current and former staffers, who asked not to be identified either because of concerns of breaching confidentiality agreements or professional…
Read More » - ECONOMY
What Is Amazon Trying to Be?
(Bloomberg Opinion) — Jeff Bezos might as well join the crowd and call it Amazon+. No other company’s calculus is…
Read More » - ECONOMY
What Happened When Evanston Became America’s First City to Promise Reparations
(Bloomberg Businessweek) — Lucious Sutton disconnected the water line, the gas line, and the sewer line for the home he’d…
Read More » - ECONOMY
Carmakers Forced by Chip Crisis to Rethink Just-In-Time Ordering
(Bloomberg) — A century after automakers showed the world the value of assembly-line manufacturing, a shortage of semiconductors is teaching…
Read More » - ECONOMY
India Says Twitter Tries to ‘Dictate Terms’ in Largest Democracy
(Bloomberg) — The Indian government accused Twitter Inc. of attempting to “dictate terms to the world’s largest democracy” and “defame…
Read More » - ECONOMY
Ivory Trade Loopholes Close as Nations Race to Crush Poachers
(Bloomberg) — Since the 2000’s, an elephant poaching epidemic has raged across Africa, with populations in some areas decimated and…
Read More » - ECONOMY
Explore the New Seven Wonders of the World
(Bloomberg Businessweek) — The Seven Wonders of the World were the original bucket list—the places every Socratic disciple wanted to…
Read More » - ECONOMY
What Does RTO Mean for Our New Pets, Prets and Pelotons?
(Bloomberg Opinion) — What if we can’t work from home forever? Over the last year, countless decisions have been made…
Read More » - ECONOMY
Chrystia Freeland Is Trying to Supercharge Canada’s Growth
(Bloomberg Markets) — When Chrystia Freeland became Canada’s minister of finance in August, she had a mandate from Prime Minister…
Read More » - ECONOMY
Can Powell Raise Rates With the Arch of an Eyebrow?
(Bloomberg Opinion) — Accelerate on the way down. Going uphill? Skip the elevator and try the stairs. That could well…
Read More » - ECONOMY
Florida Cruise Tests Rules; U.K. Opening in Doubt: Virus Update
(Bloomberg) — Royal Caribbean Cruises Ltd. said it had been cleared to resume cruises in the U.S. starting with a…
Read More » - ECONOMY
Digital Bank Upstarts Are Years Away From Profits in Hong Kong
(Bloomberg) — Hong Kong’s virtual banks are facing years of red ink on the bottom line after making limited inroads…
Read More » - ECONOMY
HP Inc. Gives Upbeat Forecast, Fueled by Continuing Laptop Boom
(Bloomberg) — HP Inc. forecast robust profit gains for the current period, indicating consumers are continuing to spend on personal…
Read More » - ECONOMY
Shortage of Asia-Made Jute Bags Threatens Nigerian Cocoa Exports
(Bloomberg) — Nigerian cocoa exporters, which rely on imported jute bags to package their beans, are facing a shortage after…
Read More » - ECONOMY
Biden to Boast of Economic Rebound That GOP Says He Imperils
(Bloomberg) — President Joe Biden will try to bolster his case for his massive spending proposals on Thursday, arguing his…
Read More » - ECONOMY
Bank CEOs Get Rebuke From Waters Over Overdraft Fees, Gaps in Lending
(Bloomberg) — House Financial Services Committee Chairwoman Maxine Waters rebuked Wall Street CEOs for charging overdraft penalties during the pandemic…
Read More » - ECONOMY
Fidelity in Talks to Back Relativity Space at $4.1 Billion Value
(Bloomberg) — Relativity Space Inc., a maker of 3D-printed rockets, is in talks to raise $600 million in a funding…
Read More » - ECONOMY
Google, Shopify Extend Ties in Commerce Blitz Against Amazon
(Bloomberg) — Google is pushing further into e-commerce with new tools and partnerships with Shopify Inc., Square Inc. and others…
Read More » - ECONOMY
Florida May Lose Some of Its Boomer Shine
(Bloomberg Opinion) — The scramble to find service workers has been on display among large corporate employers in recent weeks.…
Read More » - ECONOMY
Engine No. 1’s Exxon Win Provides Boost for ESG Advocates
(Bloomberg) — The rejection of Exxon Mobil Corp.’s management team marks one of the most significant victories for shareholders who…
Read More » - ECONOMY
A $250 Million Fund Steers HBCU Endowments Into Venture Capital
(Bloomberg Businessweek) — College endowments illustrate just how deep-rooted inequality is in higher education. U.S. college endowments held about $630…
Read More » - ECONOMY
Big Business Loses a Political Home Amid Its Feud With the GOP
(Bloomberg Businessweek) — Big business broke with President Donald Trump over tariffs and immigration and resented his Twitter attacks on…
Read More » - ECONOMY
Cathie Wood’s Bad Spring Is Only a Blip When the Future Is So Magnificent
(Bloomberg Businessweek) — In the weirdest year of our lives, the rise of Cathie Wood is hardly the weirdest thing…
Read More » - ECONOMY
A Message to Clean Tech Entrepreneurs: You Are Still Not Late
A week ago, U.S. President Joe Biden signed an executive order urging his administration to create a comprehensive strategy on climate-related…
Read More » - ECONOMY
What Climate Science Loses Without Enough Black Researchers
(Bloomberg) — Vernon Morris had often felt invisible in a profession defined by observation. As a climate scientist, he’s encountered racist…
Read More » - ECONOMY
A ‘Perfect Storm’ Leaves Hamptons Restaurants Scrambling for Staff
(Bloomberg) — Later this year, the iconic Amagansett seafood shack Lobster Roll will open the first new location in its 55-year history. The outpost will…
Read More » - ECONOMY
America’s Economic Recovery Isn’t Roaring for Everyone
After more than a year of pandemic, the U.S. economy is roaring back and is now expected to grow by…
Read More » - ECONOMY
Taiwan Proposes Doubling Extra Stimulus to Boost Ailing Economy
(Bloomberg) — Taiwan’s ruling party said it plans to double a proposed increase in stimulus funding as the economy reels…
Read More » - ECONOMY
There Are More Signs Supply Shortages Could Stick Around Without Sparking Inflation
(Bloomberg) — With lots of talk about supply shortages right now, there are plenty of concerns that companies will raise…
Read More » - ECONOMY
Bayer Request to Settle Future Roundup Claims Is Denied by Judge
(Bloomberg) — Bayer AG’s proposal to pay as much as $2 billion to resolve future claims that its Roundup weed…
Read More » - ECONOMY
Gaza War Queers Israel’s Arab Outreach
(Bloomberg Opinion) — As Israel takes stock of the fourth Gaza war, its new allies among the Gulf Arab states are…
Read More » - ECONOMY
Australian City Enters Its Fourth Lockdown as Virus Returns
(Bloomberg) — Melbourne, the Australian city that’s already endured one of the world’s longest and most stringent lockdowns, is ordering…
Read More » - ECONOMY
SoftBank’s Top 8 Executives Made $64 Million After Record Profits
(Bloomberg) — SoftBank Group Corp. once again demonstrated its willingness to pay the highest compensation in Japan, with eight top…
Read More » - ECONOMY
Covid Origin Hunt Ordered by U.S.; EU Rips Astra: Virus Update
(Bloomberg) — President Joe Biden said he ordered the U.S. intelligence community to “redouble” its effort to determine the origin…
Read More » - ECONOMY
Casino Mogul Steve Wynn Must File as Foreign Agent, U.S. Says
(Bloomberg) — The U.S. Justice Department has told former casino magnate Steve Wynn to register as a foreign lobbyist for…
Read More » - ECONOMY
Snowflake Declines on Forecast for Slowing Product Sales Growth
(Bloomberg) — Snowflake Inc., a software company that debuted with 2020’s biggest U.S. public offering, said product sales will grow…
Read More » - ECONOMY
Bank CEOs Take Punches From Democrats, Warnings From Republicans
(Bloomberg) — Senator Elizabeth Warren called JPMorgan Chase & Co.’s Jamie Dimon “the star of the overdraft show.” Her Democratic…
Read More » - ECONOMY
In One Minnesota Town, a Police Overhaul Is Working
“And before he was halfway through his proposal, I said yes,” Anderson said. ***** Although St. Cloud has never faced a…
Read More » - ECONOMY
There’s a Big Change Underway in Bond Markets
Of course, there’s never much agreement when it comes to the term premium, from what it might mean for the rest…
Read More » - ECONOMY
Icahn on Inflation, Investing, and What He Misses About NYC: Q&A
(Bloomberg) — Billionaire investor Carl Icahn has been a hard-charging shareholder activist for decades. At 83 years of age, he…
Read More » - ECONOMY
Fight Over Solar Subsidy Tests California’s Climate Commitment
“We’ve got to reform the program for the fairness of everyone,” said Kathy Fairbanks, a spokeswoman for Affordable Clean Energy…
Read More » - ECONOMY
ECB Probes Whether Goldman, Peers Are Still Too Tied to London
(Bloomberg) — The European Central Bank is stepping up scrutiny of global investment banks’ risk management within the region to…
Read More » - ECONOMY
Trump Acolytes Craft Parallel GOP Universe So Trumpism Lives On
(Bloomberg) — Allies of Donald Trump have built an ecosystem of think tanks, fund-raising outfits and professional development organizations designed…
Read More » - ECONOMY
Green Finance Hires Political Stars to Protect $30 Trillion Boom
(Bloomberg) — Mark Carney to Brookfield Asset Management. Brexit architect Nigel Farage to DGB Group. A senior Obama aide to…
Read More » - ECONOMY
Central Banks Face New Balancing Act With Their Huge Asset Piles
(Bloomberg Markets) — Central bankers around the world are mulling the future of their massive bond-buying programs in a post-pandemic…
Read More » - ECONOMY
WhatsApp Sues India Government Over New Internet Rules
(Bloomberg) — Facebook Inc.’s messaging platform WhatsApp has filed a lawsuit challenging Indian rules that would require the company to…
Read More » - ECONOMY
Antibiotics for Covid Cases Worsen India’s Superbug Crisis
(Bloomberg) — Excessive use of the world’s most potent antibiotics has stoked drug-resistant infections in India for years. Now the…
Read More » - ECONOMY
Hong Kong Plan for Unused Shots; Moderna for Teens: Virus Update
(Bloomberg) — Hong Kong may donate Covid-19 vaccines to countries more in need of them as local demand for Pfizer…
Read More »
