COS
- ECONOMY
What It’s Like to Visit Barcelona Right Now
(Bloomberg) — Clara Hernanz Lizarraga is a reporter based in Bloomberg’s Madrid bureau. On most summer days this year, venturing down…
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The Big Question: Can Data Make You a Better Parent?
(Bloomberg Opinion) — This is one of a series of interviews by Bloomberg Opinion columnists on how to solve the…
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Plug Power Shows One Way to Survive Cleantech’s Booms and Busts
(Bloomberg Markets) — The momentum behind cleantech stocks may be fading—again. For about a year, companies pushing to decarbonize and…
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Brazil Lifts Covid Restrictions as Cases, Deaths Finally Ease
(Bloomberg) — Brazilian states and cities are preparing to suspend most limitations on businesses and gatherings as Covid cases and…
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Automattic Values Business-Email Startup Titan at $300 Million
(Bloomberg) — Titan, which provides a suite of professional email services for small and medium businesses, announced a $30 million…
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The Dirty Secret of Carbon Accounting That Underpins Climate Goals
There’s a dirty secret of carbon accounting, and it could soon be exposed. That’s because the assumptions most companies base…
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Biden Fed Pick Pits Powell Against Liberal Push for Regulation
(Bloomberg) — President Joe Biden has a tough decision in choosing the next Federal Reserve chair: Play it safe by…
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Ex-Banker Gets Her Turn as Billionaire Startup CEO in Nykaa IPO
(Bloomberg) — For years, Falguni Nayar guided the founders of Indian companies through roadshows in Europe and the U.S. as…
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U.S. Belatedly Hits Vaccine Goal; IMF Approves Aid: Virus Update
(Bloomberg) — Seventy percent of U.S. adults have received at least one dose of a Covid-19 vaccine, a key milestone…
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Okta Snags Second Google Executive in Weeks, Appoints Nandy CTO
(Bloomberg) — Okta Inc. hired Google executive Sagnik Nandy as president of technology and chief technology officer, in a move…
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Grab Loss Narrows on Food Delivery Ahead of U.S. SPAC Merger
(Bloomberg) — Singapore’s Grab Holdings Inc., set to go public in the U.S. through a deal with a blank-check company,…
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The Winners and Losers in the Bipartisan Infrastructure Bill
(Bloomberg) — A Senate plan to spend $550 billion on U.S. infrastructure stands to benefit industries heavily dependent on transportation,…
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A Trucking Crisis Has the U.S. Looking for More Drivers Abroad
(Bloomberg) — A shortage of truckers across the U.S. has become so severe that companies are trying to bring in…
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Senate Poised to Deliver Infrastructure Win for Biden Agenda
(Bloomberg) — The U.S. Senate is heading toward passage this week of a $550 billion infrastructure bill that would provide…
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The 2021 Jaguar F Pace SVR Is a $84,600 Ticket Out of SUV Monotony
(Bloomberg) — The 2021 Jaguar F-Pace SVR (“SV” denotes that the car comes from Jaguar’s Special Vehicles unit, while “R” denotes the highest level of…
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When Will Stocks Drop? Watch Profit Margins (and Get Nervous)
(Bloomberg Opinion) — Want to know where the S&P 500 Index may be headed after reaching another record high? Take…
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Square Deal Vaults Afterpay Founders to $1.8 Billion Fortunes
(Bloomberg) — As a wannabe investment banker, Afterpay Ltd. co-founder Nick Molnar was told to stick to his “side hustle”…
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GDP Growth Under Trump Was the Worst Since Hoover
(Bloomberg Opinion) — It was the whopping-yet-still-disappointing 6.5% annualized growth number for the second quarter that got most of the…
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Lack of Progress in Treating Covid Causes Worry for Unvaccinated
(Bloomberg) — A stall in treatment advances for Covid-19 has raised concern among medical experts about unvaccinated people, who still…
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SoftBank-Backed Policybazaar Seeks to Join India’s IPO Train
(Bloomberg) — Online insurance marketplace Policybazaar has filed for an initial public offering that could raise as much as 60.18…
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Unacademy Value Tops $3.4 Billion in Temasek-Led Funding Round
(Bloomberg) — India’s online education startup Unacademy said its valuation reached $3.44 billion in a funding round led by Temasek…
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Senate Poised to Deliver Infrastructure Win for Biden’s Agenda
(Bloomberg) — The U.S. Senate is heading toward passage this week of a $550 billion infrastructure bill that would provide…
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Delta Variant Is Driving China’s Broadest Outbreak Since Wuhan
(Bloomberg) — China is confronting its broadest coronavirus outbreak since the pathogen emerged in late 2019 after the delta variant…
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SoftBank-Backed Policybazaar Seeks to Join India Tech IPO Train
(Bloomberg) — Online insurance marketplace Policybazaar has filed for an initial public offering that could raise as much as 60.18…
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Aviation Is as Sustainable Now as It Will Be in Your Lifetime
(Bloomberg Opinion) — Could the world be on the brink of a new, cleaner era of aviation? That’s certainly what you…
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Fauci Backs Vaccines; U.K. Plans Booster Shots: Virus Update
(Bloomberg) — Anthony Fauci, the U.S.’s top infectious disease doctor, said Covid-19 vaccines work extremely well and that a return…
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Xi Jinping’s Capitalist Smackdown Sparks a $1 Trillion Reckoning
(Bloomberg) — Xi Jinping smiled and hinted at a policy bombshell that would soon roil stock markets from Shanghai to…
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Credit Suisse Bet So Much on Archegos for So Little
(Bloomberg Opinion) — A recurring theme in the gripping and extraordinarily detailed report about Credit Suisse Group AG’s $5.5 billion…
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Ex-Wife’s Property, Utah Ranch: How Wealthy Secure High Bails
(Bloomberg) — In less than a week, Trump ally Tom Barrack was freed for $250 million and Nikola Corp. founder…
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Florida Breaks Record; Biden Struggles on Delta: Virus Update
Florida has become the new national epicenter as it recorded its highest one-day increase of Covid cases since the start…
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Bitcoin Rallies Past Key $40,000 Level to Highest Since Mid-May
(Bloomberg) — Bitcoin hit its highest level since mid-May and continues to build momentum. The largest cryptocurrency is gaining for…
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Ticks and Lyme Disease: Your Questions Answered
(Bloomberg Opinion) — Lyme disease, a tick-borne ilness that can cause long-term problems in some who catch it, is a growing…
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Pharma CEO Faces Personal Fight for a New Breed of Organ Donors
(Bloomberg Businessweek) — “I went right ahead and did research on my own and found out what he was saying…
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From Miners to Big Oil, the Great Commodity Cash Machine is Back
(Bloomberg) — Just over five years ago Anglo American Plc was in deep trouble. The natural resources giant, beset by…
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U.S. Men’s Soccer Group Joins Women’s Team in Pay Fight
(Bloomberg) — The labor organization for the U.S. men’s soccer team and the Equal Employment Opportunity Commission filed court papers…
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We Need to Count the Pandemic’s Invisible Deaths
(Bloomberg Opinion) — Eighteen months into the Covid-19 pandemic, we don’t know exactly how many people have died. A true…
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U.S. Renters Face Evictions; Florida Cases Soar: Virus Update
The U.S. House of Representatives failed to pass legislation that would have extended a national moratorium on renter evictions, leaving…
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Three Cheers for Vaccine Mandates
(Bloomberg Opinion) — President Joe Biden has announced a requirement that federal workers get vaccinated against Covid-19 or be frequently tested…
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Deutsche Bank Struggles With Slew of Departures in U.S. Wealth
(Bloomberg) — Deutsche Bank AG has lost a string of U.S.-based wealth management executives over the past year, as Chief…
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A Huge Collection of Bizarre, Rare Pianos Is Coming to Auction
(Bloomberg) — David Winston, who has a royal warrant for the restoration and conservation of pianos, is putting his entire collection…
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Firms See Tentative Signs U.K. Covid ‘Pingdemic’ Finally Easing
(Bloomberg) — Businesses in the U.K. say there are signs the “pingdemic” of workers told to self-isolate after contact with…
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In Beirut’s Economic Free Fall, Finding Hope in New Lebanese Food
(Bloomberg) — Last summer, when a deadly explosion ripped through Beirut’s port, chef and restaurateur Riad Aboulteif’s barbecue joint was…
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Biden Prepares to Make His Mark on the Fed
(Bloomberg Businessweek) — Joe Biden will soon get a chance to shape the Federal Reserve into an instrument better able…
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Mandate for U.S. Federal Workers; NYC Cases Climb: Virus Update
(Bloomberg) — President Joe Biden will require federal workers to prove they’ve been vaccinated or wear masks and submit to…
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Zuckerberg Says Facebook’s Future Lies in Virtual ‘Metaverse’
(Bloomberg) — Mark Zuckerberg doesn’t just want you logging in to his company’s products. He wants you living, working and even…
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Peru’s President Puts Himself On a Path To Nowhere
(Bloomberg Opinion) — Peru’s new president, the country’s fifth in five years, has had a rough start. Unfortunately for this Covid-battered economy,…
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For Comcast, Raising Peacocks Will Be an Expensive Hobby
(Bloomberg Opinion) — How loud does a Peacock squawk? Comcast Corp. investors may want to cover their ears. The cable…
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U.S. Can Build and Fight Climate Change at Same Time
(Bloomberg Opinion) — As part of efforts to pay for President Joe Biden’s proposed $3.5 trillion spending plan and ahead…
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The Consulting Business Booms Just as Consultants Disappear
(Bloomberg) — McDonald’s isn’t the only company looking hard for workers these days — so is McKinsey. Nearly 2-in-3 consulting…
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Private Security Firms Need Better Pentagon Oversight, GAO Says
(Bloomberg) — The Pentagon must improve its tracking and accounting of private security contractors operating alongside military and U.S. civilian…
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