COS
- ECONOMY
The Jaguar E-Type Has A History As Rich As The Car Is Beautiful
(Bloomberg) — Last year marked the 60th anniversary of the Jaguar E-Type, the iconic coupe that Enzo Ferrari himself famously…
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The Global Safety Net Against Hunger Is Frailer Than You Think
(Bloomberg Opinion) — How has the world managed to double its population over the past 50 years while still keeping…
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The 10 Best Books for Your Summer Reading List
(Bloomberg Businessweek) — By Ken Auletta (Penguin Press)Well before Harvey Weinstein was indicted for rape, forced oral copulation, and other…
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$922 Million Divorce Sale Makes Macklowe Art Collection Most Valuable Ever
(Bloomberg) — A multi-year saga came to a close on Monday night at Sotheby’s New York, where the final tranche…
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Selling Troubled Flag Carrier a Tough Task for New Sri Lanka PM
(Bloomberg) — Sri Lanka’s new Prime Minister Ranil Wickremesinghe wants to sell the national airline, saying the country’s poorest people…
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Had Covid At Christmas? You Could Get It Again Now
(Bloomberg) — As a stealth wave of Covid makes its way across the U.S., those who have so far evaded…
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Ukraine Latest: Ukraine Rejects Putin’s World War II Comparison
(Bloomberg) — Ukraine rejected on Monday President Vladimir Putin’s attempt to justify Russia’s invasion as an effort to defend the…
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Ukraine Latest: Japan to Phase Out Russian Oil; Crude Swings
Japanese Prime Minister Fumio Kishida plans to gradually phase out imports of Russian oil as he joined other Group of…
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Ukraine’s Tiny Neighbor Suffers Economic Fallout From The War
(Bloomberg) — The Russian invasion of Ukraine has spurred a rush of loans to help tiny Moldova defray the economic…
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Ukraine Latest: Mariupol Siege Dwindles to Plant’s ‘Dead Men’
Group of Seven leaders pledged to ban Russian oil imports, even as Hungary held out against a European Union energy…
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A Luxurious Yet Simple Egg Dish for Mother’s Day Brunch
Mothers, expect major displays of appreciation this year. Americans celebrating the holiday are expected to spend $31.7 billion this year,…
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Ukraine Latest: Chelsea Deal; NATO Calls for More Modern Weapons
(Bloomberg) — NATO Secretary General Jens Stoltenberg has called on the West to supply more modern weapons to Ukraine, saying…
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Modi Faces a Dilemma: Keep Indian Voters Happy or Feed the World
(Bloomberg) — A growing food security threat is set to push Indian Prime Minister Narendra Modi into a conundrum: continue…
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Brookfield Growth Backs Material Bank at $1.9 Billion Value
(Bloomberg) — An arm of Brookfield Asset Management Inc. led a $175 million equity funding round for Material Bank, Chief…
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Asia’s Richest Man Is Said to Scout for Indian Media Assets
(Bloomberg) — Indian billionaire Gautam Adani is seeking to boost his media investments in an ambitious expansion plan, according to…
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HSBC Split Is a Surefire Way to Destroy Value
(Bloomberg Opinion) — East-West relations are a growing problem for HSBC Holdings Plc, the bank with feet planted equally in each…
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EBay Drops After Weak Outlook on Fading Pandemic Sales Bump
(Bloomberg) — EBay Inc. gave a lackluster sales and profit outlook for the current quarter, accelerating its decline from the…
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Ukraine Latest: U.S. Spells Out Its Weapons Training in Germany
(Bloomberg) — The European Union proposed a ban on Russian crude oil phased in over the next six months, part…
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U.S. East Coast Diesel Supply Is Running on Fumes
(Bloomberg Opinion) — The horizon south of the Statue of Liberty is interrupted by the silhouettes of several oil-tank farms. New…
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Warren Proposes Giving U.S. FTC Power to Probe Price Gouging
(Bloomberg) — Senator Elizabeth Warren says she’s writing a bill that would empower the Federal Trade Commission to investigate price…
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N.J. Grocery Trips Get Pricier With Ban on Paper, Plastic Bags
(Bloomberg) — New Jersey will become the first state to ban both plastic and paper bags on Wednesday, leaving companies…
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Want a Four-Day Workweek? It May Be Tough to Find One
(Bloomberg) — Everyone’s talking about the four-day workweek. So far, at least, hardly anyone’s actually doing it. Executives considered a…
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Cheering for LED Bulbs? Read This Cautionary Tale First
(Bloomberg Opinion) — Last week, the administration of President Joe Biden announced regulations that will make it all but impossible…
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What’s in a (Last) Name? Quite a Bit, Actually
(Bloomberg Opinion) — What’s in a surname? An Italian court the other day overturned the country’s longstanding presumption that a…
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Ares-Led Group Snaps Up $2 Billion Chunk of Nielsen Buyout Debt
(Bloomberg) — A group of lenders led by Ares Management Corp. has scooped up the unsecured portion of the $11.15…
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Statar Capital Bets on Power as Natural Gas Drives 18% Return
(Bloomberg) — Statar Capital LLC posted an 18% return during the first four months of 2022, largely on the back…
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Elon Musk, Twitter and the Attention Economy
Elon Musk wants to buy Twitter for $44 billion and Twitter’s board is going along with it. It’s a remarkable…
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Crypto Crowd’s Secret Gala Convenes Outside the Gates of Milken
(Bloomberg) — No name tags and by invitation only, an exclusive cryptocurrency crowd is gathering behind closed doors at the…
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Buyers in the $320 Million ‘Otherdeeds’ NFT Sale Are Underwater
(Bloomberg) — Many purchasers of Otherdeeds, the virtual land that sparked a buying frenzy last weekend and led to skyrocketing…
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With Roe in Peril, Campaign Donors Swivel to Statehouse Races
(Bloomberg) — Political donations are poised to surge in key state races where the issue of abortion access will be…
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Overturning Roe Threatens Women’s Health in So Many Ways
(Bloomberg Opinion) — A shock wave went through the U.S. on Monday evening when Politico published what appeared to be a legitimate…
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Apple Hires 31-Year Ford Veteran to Ramp Up Electric-Car Work
(Bloomberg) — Apple Inc. has recruited a longtime Ford Motor Co. executive who helped lead safety efforts and vehicle engineering,…
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DeSantis’s Dissolution of Disney District Stumps Credit Raters
(Bloomberg) — Florida Governor Ron DeSantis’s move to punish Walt Disney Co. by dissolving its debt-issuing district has befuddled two…
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Javelin Anti-Tank Missiles Get Biden Nod as Ukraine Depletes U.S. Stash
(Bloomberg) — President Joe Biden will promote the importance of U.S. and allied weapons for Ukraine’s defense on Tuesday with…
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This Moldova Vineyard Knows the Risks of War All Too Well
(Bloomberg) — As the only Moldovan company listed on a foreign stock exchange, Purcari Wineries Plc is a barometer for…
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Nobody Knows Where the Red Line Is for Cyberwarfare
(Bloomberg Businessweek) — A common explanation for why the Soviet Union never used nuclear weapons during the Cold War was…
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Spirit Blunders in Spurning JetBlue for Lower Offer
(Bloomberg Opinion) — An airline bidding war appears to be over before it even really started. Spirit Airlines Inc. said on…
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Hydrogen Is Every U.S. Gas Utility’s Favorite Hail Mary Pass
(Bloomberg) — Utilities that run on natural gas have been fervently touting hydrogen as a key way to remain relevant in a world rapidly…
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Toyota Facing End Of the Road on EV Tax Credits
(Bloomberg) — Toyota Motor Corp. is inching closer to using up a key U.S. tax credit for hybrid and electric…
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How to Buy a Classic Car Online
Last year, online auction sales beat live auction sales for the first time, with 20,000 cars sold online vs. 16,000 …
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ApeCoin Drops After Ethereum-Crashing Record Virtual Land Sale
(Bloomberg) — The ApeCoin cryptocurrency slumped after Yuga Labs, the creator of the popular Bored Apes Yacht Club collection of…
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Ukraine Latest: EU Energy Ministers Debate Rubles-for-Gas Demand
(Bloomberg) — European Union ministers gathered in Brussels to discuss their response to Vladimir Putin’s demand to pay for gas…
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Sorry Elon, ‘Open Source’ Algorithms Won’t Improve Twitter
(Bloomberg Opinion) — Commenting on his own quest to take over Twitter, Elon Musk has suggested he might share with the…
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Buffett Lures Omaha Disciples With Stock Buys, Inflation Warning
(Bloomberg) — As war broke out in Europe and U.S. inflation soared, Berkshire Hathaway Inc.’s Warren Buffett was doubling down…
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Can the World Feed Itself? Historic Fertilizer Crunch Threatens Food Security
(Bloomberg) — For the first time ever, farmers the world over — all at the same time — are testing…
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Texas Plans a Texas-Sized Response to Rising Seas
(Bloomberg Opinion) — In coastal Texas and many other places, walled cities are making a comeback. It’s quite a turnabout,…
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Irrational Market Exuberance Is Dying a Painful Death: Devitt
(Bloomberg) — Former Federal Reserve Chairman Alan Greenspan famously used the phrase “irrational exuberance” to describe the euphoric investor sentiment…
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Ukraine Latest: Zelenskiy Decries ‘Brutal’ Donbas Bombardments
(Bloomberg) — Russia is seeking to move away from the U.S. dollar and rely less on imports in response to…
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Fitbit Consumers Claim Burn Hazard Goes Beyond Recalled Device
(Bloomberg) — Alphabet Inc.’s Google didn’t go far enough when it recalled a single model of its Fitbit smartwatches, two…
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JBS Eyes Growing Halal Food Market With Middle East Expansion
(Bloomberg) — JBS SA, the world’s largest meat supplier, is expanding in the Middle East and North Africa, buying two…
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