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- ECONOMY
J&J Gets FDA Panel’s Nod; 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…
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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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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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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…
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Conservative Power Couple Wage Legal War on Stolen-Election Myth
(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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The Simplest Cookie Recipe From One of the World’s Best Chefs
(Bloomberg) — Editor’s Note: As more people are working from home, Bloomberg Pursuits is running a weekly Lunch Break column that highlights…
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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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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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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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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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Republican No-Shows for CPAC Gathering Are Who’s Who of the GOP
(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…
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India Beats China at Its Own Game in Vaccine Diplomacy Battle
(Bloomberg) — India’s huge capacity to make coronavirus vaccines is helping the country take on China in the battle to…
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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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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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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…
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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…
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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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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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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…
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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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South Africa Limits Tax Hikes to Virus-Hit Booze and Tobacco
(Bloomberg) — South Africa’s alcohol and tobacco industries, already reeling by coronavirus restrictions that banned the sale of products, are…
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Petrobras Needs Investment, Less Volatile Pricing, Luna Says
(Bloomberg) — Petroleo Brasileiro SA’s incoming chief executive officer wants to continue opening the refining industry to outside investment and…
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Vaccine Fears Are Crippling China’s Covid Fight
(Bloomberg Opinion) — In December, China announced that it planned to inoculate 50 million people against Covid-19 by Feb. 11. Although…
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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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Women on Average Have Just 76% of Men’s Legal Rights Worldwide
(Bloomberg) — The World Bank warned that the pandemic is reinforcing gender inequality in many countries, with women on average…
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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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Chapo’s Wife Held Without Bail After Arrest on U.S. Drug Charges
(Bloomberg) — The former wife of Mexican drug kingpin Joaquin “El Chapo” Guzman will remain in a U.S. jail to…
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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…
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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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Mexico Shifts Into Reverse on Electric Vehicles
(Bloomberg Opinion) — The combustible engine’s end date is firming up: General Motors Co., the largest of the Detroit big…
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Debt Markets Brace for Higher Yields to Stay as Stimulus Sets In
(Bloomberg) — President Joe Biden’s $1.9 trillion relief plan, plus the prospect of more stimulus later this year, is setting…
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Path to Restored Iran Deal Set to Be Long and Politically Toxic
(Bloomberg) — U.S. President Joe Biden vowed on the campaign trail to re-enter the 2015 nuclear deal with Iran. Six…
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Cars, Crime, and Startup Culture in HBO’s The Lady and the Dale
(Bloomberg) — Elizabeth Carmichael is a difficult character to love. She conned thousands of people out of their hard-earned money. She…
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Pentagon Spending May Escape Deep Budget Cuts, Key Senator Says
(Bloomberg) — The high price tag of taming the coronavirus pandemic and pressure from some Democrats to significantly reduce the…
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U.K. Unemployment Rate Rises to Highest in Almost Five Years
(Bloomberg) — U.K. unemployment climbed to its highest rate in almost five years in the fourth quarter as the economic…
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U.S. Tops 500,000 Deaths; Mumbai Lockdown Threat: Virus Update
(Bloomberg) — A half-million Americans are dead as a result of the novel coronavirus that first hit U.S. shores just…
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U.S. Exceeds 500,000 Deaths; U.K. Has Opening Plan: Virus Update
(Bloomberg) — A half-million Americans are now dead as a result of the novel coronavirus that first hit U.S. shores…
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Travel Industry Sees Glimmers of Recovery in Africa, Antarctica
(Bloomberg) — Early in the global pandemic, travel experts rushed to determine the shape of the recovery. Would it be L-shaped?…
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Meghan Markle Strikes a Victory for U.S. Celebrity
(Bloomberg Opinion) — The British monarchy chalked up an unexpected triumph against the U.K.’s tabloid press this month. Ironically, it…
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Petrobras’s $18 Billion Rout Deepens on Series of Downgrades
(Bloomberg) — A sell-off in Brazil’s state-controlled oil firm Petroleo Brasileiro SA picked up on Monday after a group of…
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Trump Rejected as Supreme Court Lets Prosecutor Get Taxes
(Bloomberg) — The U.S. Supreme Court rejected a bid by Donald Trump to keep eight years of his tax returns…
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How Eric Adams Would Run New York
(Bloomberg Opinion) — HOWARD WOLFSON: Let me start with the personal, if I could, because we have readers who may…
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Semiconductor Shortage Leaves U.S. Lawmakers Seeking Elusive Fix
(Bloomberg) — Lawmakers hoping to revitalize U.S. semiconductor manufacturing in response to a global chip shortage will find it tough…
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