business
- ECONOMY
A Hack Like This Could Start the Next World War
(Bloomberg Opinion) — It may be years before we get the Franz Ferdinand hack, but one cyber attack has the potential…
Read More » - ECONOMY
Citi Sees the Days of Traders Slamming Phones Coming to an End
(Bloomberg) — The days of traders slamming phones and breaking computers are becoming a thing of the past. Such behavior…
Read More » - Health
NFTs Are Hot. So Is Their Effect on the Earth’s Climate
The experiment attracted the attention of a friend and fellow technology artist named Memo Akten, who was concerned to see…
Read More » - ECONOMY
Fauci Says U.S. Cases High; Cuomo Rejects Quitting: Virus Update
The U.S. recorded a full week with fewer than 70,000 daily Covid-19 cases for the first time since mid-October, though…
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
Key to Resolving Covid’s Global Debt Crunch: Transparency
(Bloomberg Opinion) — The Covid-19 pandemic and the accompanying economic lockdowns have deepened inequality both within national borders and across…
Read More » - Market
Biden to sign voting-rights executive order in nod to ‘Bloody Sunday’ in Alabama 5½ decades ago
WASHINGTON (AP) — A new executive order from President Joe Biden directs federal agencies to take a series of steps…
Read More » - ECONOMY
The Fed Doesn’t Fear Inflation. Its Critics Have Longer Memories
(Bloomberg Opinion) — “Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be…
Read More » - ECONOMY
The Big Question: Can a Guaranteed Income Help End Poverty?
(Bloomberg Opinion) — This is one of a series of interviews by Bloomberg Opinion columnists on how to solve today’s…
Read More » - Market
Senate Democrat Joe Manchin to dominate the Sunday shows
WASHINGTON (AP) — Below are highlights of the scheduled guest lineups for the Sunday morning news shows, with Senate Democrat…
Read More » - Health
A North Carolina Pipeline Caused the Biggest Gas Spill in Decades
Pipelines used to carry crude oil.Photo: Jim Mone (AP) Unless you’re living in Huntersville, North Carolina, you may be blissfully…
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
Airlines See Robust Demand for Once-Marginal Routes, FT Reports
Airlines have seen boosted demand for once relatively unimportant destinations, allowing them to mitigate some of the damage done by…
Read More » - ECONOMY
Biden Nears Big Win as $1.9 Trillion Stimulus Goes to Final Vote
(Bloomberg) — President Joe Biden is on the cusp of his first legislative win with the House ready to give…
Read More » - ECONOMY
U.K. Steps Up Vaccinations; Japan Eyes Approvals: Virus Update
The U.K. is expanding its vaccination program in a signal that it’s on track to meet its targets in fighting…
Read More » - ECONOMY
Hackers Breach Thousands of Microsoft Customers Around the World
(Bloomberg) — A sophisticated attack on Microsoft Corp.’s widely used business email software is morphing into a global cybersecurity crisis,…
Read More » - ECONOMY
U.S. Cases Ease Further With Stimulus on the Way: Virus Update
U.S. Covid-19 cases increased by about 65,000 Friday, in a week in which new infections declined by 12%. Many states…
Read More » - ECONOMY
What’s in the $1.9 Trillion Stimulus Bill Passed by the Senate
(Bloomberg) — Senate Democrats passed the latest version of the $1.9 trillion stimulus bill after a more than 24-hour voting…
Read More » - ECONOMY
Italy Hires McKinsey for EU Recovery Funds, Upsetting Lawmakers
(Bloomberg) — A decision by the government of Italian Prime Minister Mario Draghi to recruit consulting firm McKinsey & Co.…
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One U.S. State’s Laser Focus on Data Helps Shrink Racial Vaccine Gap
North Carolina is among the best-performing U.S. states when it comes to distributing vaccines evenly among Black and White residents. That’s partly…
Read More » - ECONOMY
Biden’s Quiet 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
CEO of Top Irish Securities Firm Davy Resigns After Scandal
(Bloomberg) — Brian McKiernan, chief executive of Ireland’s biggest securities firm Davy, resigned after regulators accused the company of a…
Read More » - Market
Jeff Bezos visited the new headquarters of Relativity Space, the 3D-printing rocket builder
The row of two-story tall 3D printer bays at the company’s headquarters. Relativity Space The founders of two private rocket-building…
Read More » - ECONOMY
Chinese Investors Turn to Bank Stocks as Market Darlings Plunge
(Bloomberg) — China’s most-shunned sector is getting a rare moment in the sun as investors seek shelter from a rout…
Read More » - ECONOMY
Curbs Ease Across U.S.; NYC Movie Theaters Reopen: Virus Update
(Bloomberg) — Theaters in New York City, the nation’s second-largest movie market, reopened after a yearlong hiatus. The city’s mayor…
Read More » - Market
‘It is simply not possible.’ Calls for tax deadline extension mount as accountants say they can’t do everything by April 15
As the April 15 deadline to file and pay taxes closes in, some of the accountants preparing those returns are…
Read More » - ECONOMY
U.S. Vaccinated Half Its Seniors. The Next Half Will Be Harder
(Bloomberg) — More than half of Americans 65 years old and over have gotten a Covid-19 vaccination, but lingering hesitancy…
Read More » - ECONOMY
Muni Bonds Prove a Refuge for Investors Hiding From Rising Rates
(Bloomberg) — For now at least, America’s state and local government bonds are a refuge from the losses piling up…
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 » - ECONOMY
Timely GameStop Sale Lifts Senvest Hedge Fund to 60% Return
(Bloomberg) — A hedge fund that was one of GameStop Corp.’s top shareholders gained about 60% in the first two…
Read More » - ECONOMY
Covid-Decimated Jobs Rebound Faster Than Expected
(Bloomberg Opinion) — During a webinar on Thursday with The Wall Street Journal, Federal Reserve Chair Jerome Powell made a…
Read More » - Market
Chamath Palihapitiya sells remaining personal stake in Virgin Galactic, worth about $213 million
Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and…
Read More » - ECONOMY
I Got Vaccinated, Then I Got Covid. What Happened?
(Bloomberg Opinion) — Mary Duenwald, a Bloomberg Opinion editor, tested positive for Covid-19 even after receiving both doses of the Pfizer…
Read More » - ECONOMY
World’s Worst Covid Crisis Is Unfolding in Brazil, Where No Fix Seems to Work
(Bloomberg) — More than a year after a spiked virus launched a murderous campaign across the globe, most countries have…
Read More » - ECONOMY
Jalapeño Popper Chicken Is More Interesting Than Any Old Sandwich
(Bloomberg) — Editor’s Note: As more people are working from home, Bloomberg Pursuits is running a weekly Lunch Break column…
Read More » - ECONOMY
Google Puts Lid on Cookie Jar and Ends an Internet Era
(Bloomberg Opinion) — The cookie is dead. Long live the cookie. Google, the internet search giant, said this week that…
Read More » - ECONOMY
ETFs Show Balance Is Shifting in Favor of Emerging-Market Stocks
(Bloomberg) — If capital flows into U.S. exchange-traded funds are any indication, investors have begun to favor emerging-market stocks over…
Read More » - ECONOMY
It’s Too Late for Big Oil’s Pivot to a Carbon Tax
The American Petroleum Institute is debating whether to support a price on carbon. It’s not every day that a top…
Read More » - ECONOMY
Microsoft’s $10 Billion Pentagon Deal at Risk Amid Amazon Fight
(Bloomberg) — Microsoft Corp. is in danger of losing a contract to provide $10 billion of cloud computing services to…
Read More » - ECONOMY
Russia’s Hot IPO Is an $8 Billion Bet On Frugality
(Bloomberg Opinion) — There are few more eloquent expressions of faltering Russian living standards than the rise and rise of…
Read More » - ECONOMY
What You Don’t Remember About the Taper Tantrum
(Bloomberg Opinion) — The jump in global bond yields this past month has drawn many analogies to the so-called taper tantrum of 2013,…
Read More » - ECONOMY
Biden Stimulus Faces Lengthy Final Gauntlet of Senate Votes
(Bloomberg) — Senate Democrats face a gauntlet of Republican attempts to rein in President Joe Biden’s $1.9 trillion stimulus package…
Read More » - ECONOMY
Luokung Sues To Get Off Trump Blacklist of Chinese Companies
(Bloomberg) — Luokung Technology Corp. asked a U.S. court to reverse its last-minute inclusion by the Trump administration on a…
Read More » - ECONOMY
I Wrote a Book on Chinese History. It Was Stolen By Pirates on Alibaba
(Bloomberg Opinion) — I’m a victim of Chinese pirates. Not the seafaring cutthroats with parrots on their shoulders. The treasure…
Read More » - ECONOMY
The Future of Money Is Digital, But Is It Bitcoin?
(Bloomberg Opinion) — The idea that much of today’s cash use will shift to digital tokens is neither faddish nor outlandish, as…
Read More » - ECONOMY
Saudis Bet ‘Drill, Baby, Drill’ Is Over in Push for Pricier Oil
(Bloomberg) — Saudi Arabia just made a high-stakes wager that the glory days of U.S. shale, which transformed the global…
Read More » - ECONOMY
UN Security Council Warned of Dire Crisis in Ethiopia’s Tigray
(Bloomberg) — The humanitarian crisis in Ethiopia’s Tigray region continues to deteriorate with the risk of famine and escalating violence…
Read More » - ECONOMY
House Panel Probes Opioid Companies on Tax Breaks for Legal Fees
(Bloomberg) — The House Oversight and Reform Committee is probing whether executives at four drug industry companies plan to use…
Read More » - Market
Morgan Stanley raises GE target to $17, a high among Wall Street banks
Morgan Stanley is now the biggest General Electric bull on Wall Street after analyst Josh Pokrzywinski raised his target on…
Read More » - ECONOMY
Broadcom Gives Forecast That Meets Wall Street Estimates
(Bloomberg) — Broadcom Inc., a chipmaker that supplies Apple Inc. and other big tech companies, gave a forecast that was…
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