NORTHAM
- ECONOMY
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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The Bond Market’s Very Misleading Message
(Bloomberg Opinion) — When it comes to financial markets, narratives are powerful things — and often misleading. The big (and…
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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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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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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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Mexico’s Voters Largely Skip AMLO’s Referendum to Probe Ex-Leaders
(Bloomberg) — A nationwide referendum spearheaded by Andres Manuel Lopez Obrador to investigate his five predecessors came up far short…
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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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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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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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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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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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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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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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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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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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‘Do Something’: Nikola Chief Urged Executives to Keep Shares Up
(Bloomberg) — Nikola Corp. founder Trevor Milton is in federal custody Thursday, charged with misleading investors about the state of…
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Chevron Taps Permian Chief to Run New Low-Carbon Division
(Bloomberg) — Chevron Corp. is creating a new business division focused on scaling up new technologies such as carbon capture…
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Stop Complaining About the CDC’s New Mask Rules
(Bloomberg Opinion) — The Centers for Disease Control and Prevention, the federal agency charged with safeguarding public health, did just…
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Workplace of Future Is More Clubhouse Than Cubicle
(Bloomberg Opinion) — Businesses are beginning to sprout up to meet the demand for new kinds of working arrangements. The…
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Biden Should Cut a Deal to Keep Powell at the Fed
(Bloomberg Opinion) — Federal Reserve Chair Jay Powell faces a personal kind of employment challenge: Two important Democratic senators, Sherrod Brown…
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More Money Than Ever Is Flowing Into Climate Tech
On Tuesday, two alternative asset managers—TPG and Brookfield—closed a combined $12.4 billion in climate investment funds. That’s more committed in…
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Once the World’s Busiest Port, London Aims to Revive Its River Trade Roots
Cathryn Spain spends most of her workdays motoring up and down the River Thames, a senior harbor master making sure goods…
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Energy Guru Is ‘Beyond’ Disappointed With Dwindling U.S. Infrastructure Plan
(Bloomberg) — For almost two decades the U.S. author and climate activist Jeremy Rifkin has advised governments in Europe and China…
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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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Apple Outlets Restore Mask Mandate; Texas Surging: Virus Update
(Bloomberg) — Texas logged more than 10,000 in daily new virus cases for the first time in almost six months…
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Virus Surge Upends Plans for Companies Trickling Back to Office
(Bloomberg) — The resurgent coronavirus and return of mask recommendations are hampering corporate America’s plans to get back to normalcy.…
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Ford Posts Surprise Profit on Surging Prices of Scarce Cars
(Bloomberg) — Ford Motor Co. overcame a critical parts shortage and managed to post a surprise profit in the second…
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India’s Recovery Stumbles, Setting Stage for Sustained Low Rates
(Bloomberg) — India’s economy showed signs of cooling in June as the slow easing of localized lockdowns hurt activity, a…
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Ford Posts Surprise Profit as Pricey Cars Overshadow Chip Crisis
(Bloomberg) — Ford Motor Co., bearing the brunt of the global semiconductor shortage, managed to beat expectations and make money…
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Qualcomm Gives Upbeat Forecast, Lifted by 5G Smartphone Demand
(Bloomberg) — Qualcomm Inc., the world’s largest smartphone chipmaker, delivered a bullish quarterly forecast, helped by the growth of 5G…
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Schools Brace for a Chaotic Reopening With Delta Raging
(Bloomberg Businessweek) — The beginning of the school year is imminent, and superintendents around the country aren’t sweating bus schedules and…
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Republicans Threaten to Oppose Treasury Picks Over Nord Stream 2
(Bloomberg) — Senator Pat Toomey and 11 other Republicans on the Senate Banking Committee are threatening to block two Treasury…
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BlackRock Support Sought in Bid to End 5-Month Coal-Mine Strike
(Bloomberg) — Coal miners from states including Alabama and West Virginia picketed outside BlackRock Inc.’s New York headquarters Wednesday in…
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Fast Internet Everywhere Could Add $160 Billion to U.S. Economy
(Bloomberg) — The U.S. economy stands to gain $160 billion a year in extra output from a successful national high-speed…
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U.S. Residents Search ‘Loss of Taste’ Online as Delta Spreads
(Bloomberg) — Internet searches for “loss of taste” and “loss of smell” — common symptoms of Covid-19 — are on…
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