US
- ECONOMY
Bed Bugs Shied Away With Less Pandemic Travel. They’re Not Gone
They latch onto clothes and luggage in search of human blood. But less travel during the Covid-19 pandemic has helped…
Read More » - ECONOMY
J&J Gets Initial U.S. Approval; CDC Issues Warning: Virus Update
(Bloomberg) — Johnson & Johnson’s single-shot coronavirus vaccine won the backing of a panel of U.S. government advisers, paving the…
Read More » - ECONOMY
Biden’s Hopes for Rare Earth Independence at Least a Decade Away
(Bloomberg) — Joe Biden’s ambition to make the U.S. less dependent on other nations for rare earths and minerals critical…
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From Chicago to Geneva, Bonds Blowing Up Captivated Everyone
(Bloomberg) — Thomas Costerg doesn’t usually go to bed with a computer, but he couldn’t help himself Thursday night after…
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Power Retailers Contest Exorbitant Energy Charges: Texas Update
(Bloomberg) — Texas lawmakers are grilling power executives, regulators and others for a second day about why the state’s energy…
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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 » - Market
Market Corrections Are Tears In The Rain, Week In Review
SHANGHAI, CHINA – NOVEMBER 04: A passenger walks by Shanghai Stock Exchange on November 4, 2020 in … [+] Shanghai,…
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U.S. trade deficit widens slightly in January, second highest on record
The numbers: The U.S. trade deficit in goods widened to $83.7 billion in January from a revised $83.2 billion in…
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…
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Bond Rout Shows Risk of Uneven Recovery in World’s Top Economies
(Bloomberg) — The U.S. economy appears primed to recover from the Covid-19 slump much faster than others, causing havoc on…
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Conservative Power Couple Lead the War Against Disinformation
(Bloomberg) — A pair of self-described conservative lawyers are leading the fight to shut down the U.S. election conspiracy theory,…
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Why Texas Broke: The Crisis That Sank the State Has No Easy Fix
(Bloomberg Businessweek) — The Houston skyline was lit pink for Valentine’s Day. It was cold—really cold, at least by the…
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Judge in Google Case Disturbed That Even ‘Incognito’ Users Are Tracked
(Bloomberg) — When Google users browse in “Incognito” mode, just how hidden is their activity? The Alphabet Inc. unit says…
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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Is News of U.S. Virus Variants Too Much, Too Soon?
(Bloomberg) — While the U.S. has focused on SARS-CoV-2 variants arriving from across the globe, homegrown strains reported to be…
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AT&T Cuts the Cord Before More Customers Do
(Bloomberg Opinion) — If AT&T Inc. starts to look like it’s standing a bit taller, that’s the result of it…
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Dell, HP Say PC Surge to Continue Even in Return to School, Work
(Bloomberg) — Dell Technologies Inc. and HP Inc. reported earnings buoyed by a resurgent personal computer demand they projected will…
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California Deaths Hit 50,000; NYC School Cases Low: Virus Update
(Bloomberg) — President Joe Biden said the federal government will distribute Johnson & Johnson’s vaccine as fast as the company…
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Here Are Some of the Top Republicans Not Attending CPAC This Year
(Bloomberg) — When the annual Conservative Political Action Conference kicks off Thursday night, a highlight of the Republican Party’s calendar,…
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Democrats Eye Permanent Child Credit Expansion: Stimulus Update
(Bloomberg) — Democratic lawmakers said they’d work on making the expanded child tax credit in President Joe Biden’s $1.9 trillion…
Read More » - Market
Real Estate And Clean Tech Rise, Bilibili, Vipshop, And NetEase Report
Hong Kong istock Key News Asian equities rebounded overnight after the US market’s 180 reversal yesterday following Fed Chair Powell’s…
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Inflation Is Uncontainable But Not Inevitable
(Bloomberg Opinion) — Otherwise intelligent people can be surprisingly wrong about economics. The latest example is the claim that current…
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Sephora Plans Dozens of U.S. Stores in Bet on Physical Retail
(Bloomberg) — LVMH’s Sephora beauty chain said it will open more than 60 stand-alone U.S. stores this year in addition…
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Buffett’s Letter to Break Months of Silence Amid Tumult in U.S.
(Bloomberg) — While 2020 raged, Warren Buffett mostly held his tongue. He stayed quiet through a heated presidential election, a…
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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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Fed’s Digital Dollar Would Look Nothing Like Bitcoin
(Bloomberg Opinion) — Treasury Secretary Janet Yellen recently mentioned the idea of creating a so-called digital dollar — a new…
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A Trump Tax Break Kicked Off a Race to Redraw U.S. Census Maps
(Bloomberg) — In hockey, it’s the equivalent of moving the red line. Two years ago, the Pittsburgh Penguins, along with…
Read More » - ECONOMY
The Fed May Need to Head Off a Money-Market Mess
(Bloomberg Opinion) — Investors are worried that a flood of cash could soon disrupt U.S. money markets, as the Treasury…
Read More » - Health
Fire, drought, beetles ravage German forests, study finds
BERLIN (Reuters) – The condition of German forests has deteriorated to record levels due to fire, drought and a bark…
Read More » - ECONOMY
Deal for Key Metal in EV Revolution Brought Bonanza for Newcomer
A transfer of lucrative cobalt and copper assets by the Democratic Republic of Congo’s state mining company enabled a little-known…
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U.K. Sanctuary Offer for Hong Kong Activists Is Great If You Can Afford It
(Bloomberg) — In August 2019, Sophia’s hip was broken in clashes with Hong Kong police during a protest against China’s…
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Rao’s Homemade Owner Sovos Brands Said to Explore Sale, IPO
(Bloomberg) — Private equity firm Advent International is exploring strategic options for Sovos Brands, a food and beverage company with…
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Shot Hailed as Super Effective; J&J Gets Big Win: Virus Update
(Bloomberg) — The shot made by Pfizer Inc. and BioNTech SE was overwhelmingly effective against the virus in a study,…
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Nvidia Gives Bullish Forecast on Gaming, Data Center Demand
(Bloomberg) — Nvidia Corp. gave a bullish forecast on robust demand for chips used by video gamers and data center…
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New York Prosecutor Seeking Information in Probe of Steve Bannon
(Bloomberg) — Manhattan prosecutors have started gathering information in an investigation of Steve Bannon, the former presidential aide who was…
Read More » - Market
No Place To Hide As Pullback Continues In China
SHENZHEN, CHINA – MARCH 10: Aerial view of the Shenzhen River, or Sham Chun river, marking the … [+] border…
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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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AstraZeneca Hopes New Data Gets Its Covid Vaccine Back on Track
(Bloomberg Businessweek) — Tens of millions of people around the world are desperately trying to get their hands on a…
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Holmes, Prosecutors Trade Blame for Crippled Theranos Database
(Bloomberg) — Elizabeth Holmes is trying to turn the tables on federal prosecutors by arguing they have themselves to blame…
Read More » - Health
Atlanta creates the nation’s largest free food forest with hopes of addressing food insecurity
But when the townhouses never came to fruition and with the lot remaining in foreclosure, Atlanta’s Conservation Fund bought it…
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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 » - Market
Why Investors Should Look At U.K.’s FTSE 100. (Hint: It’s Cheap.)
Financial Times Stock Exchange getty The U.K. market is one of the great global bourses but it has languished for…
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Fauci Hints at Relaxed Rules; U.K. Airlines Soar: Virus Update
(Bloomberg) — Anthony Fauci, President Joe Biden’s chief medical adviser, suggested that the U.S. may soon issue guidance easing public…
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Lawrence Ferlinghetti, Beat Poet, ‘Howl’ Publisher, Dies at 101
(Bloomberg) — Lawrence Ferlinghetti, the poet and bookstore owner whose publication of Allen Ginsberg’s poem “Howl” in 1956 led to…
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…
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Her Husband Got Covid-19. She’s Suing His Employer.
(Bloomberg Opinion) — Suppose your spouse gets Covid-19 at work — and you get it from your spouse. Can you sue your…
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Can Democrats Avoid Another Midterm Debacle?
We’re a little more than a year away from the first round of primary elections in the runup to the 2022…
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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…
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