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- ECONOMY
Can Crypto’s Richest Man Stand The Cold?
(Bloomberg Businessweek) — During the first few months of this year—back when buying digital tokens named after dog memes was…
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Protest Latest: NY, DC Marches Grow as Justice’s Home Targeted
(Bloomberg) — Thousands of demonstrators in major cities across the US from New York to Los Angeles held largely peaceful…
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India in Talks to Increase Russian Oil Imports From Rosneft
(Bloomberg) — India is looking to double down on its Russian oil imports with state-owned refiners eager to take more…
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Ukraine Latest: Zelenskiy Visits Troops; UK To Send Rockets
Ukrainian President Volodymyr Zelenskiy visited troops in the southern region of Zaporizhzhia, about 60% of which is occupied by the…
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Cisco to Shift Some Pay From Bonuses to Salaries Amid Inflation Crunch
(Bloomberg) — Cisco Systems Inc. is shifting a slice of its workers’ pay out of bonuses and into their base salary,…
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The Can’t-Lose Betting Strategy That’s Taking the Gamble Out of Sports Gambling
(Bloomberg Businessweek) — Dave is a 34-year-old high school guidance counselor from Buffalo, but his true calling is hunting deals.…
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Private Equity’s Opaque Costs Mystify the Pensions That Pay Them
(Bloomberg Businessweek) — The stewards of billions of dollars in retiree savings are struggling to account for fees charged by…
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Ukraine Update: MasterCard Halts in Russia; Biden-Zelenskiy Call
(Bloomberg) — Visa Inc. and MasterCard Inc. have suspended operations in Russia amid growing pressure from within Ukraine and from…
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The Bond King’s Genius Was No Match for His Ego
(Bloomberg Businessweek) — I. Team Bonding When Bill Gross started his career in investing in the fixed-income department of a…
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Elite International Schools Have a Racism Problem
(Bloomberg Businessweek) — The “placement gong” rings out in the offices of Teaching Nomad, a recruiter for international schools, every…
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A Billionaire’s Heir Hangs Up His Healing Crystal to Fix Capitalism
(Bloomberg Businessweek) — William Peterffy, the only son of billionaire Thomas Peterffy, has cycled through a lifetime’s worth of occupations…
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Wall Street Is Buying Starter Homes to Quietly Become America’s Landlord
(Bloomberg Businessweek) — Javier Vidana started out as a real estate agent in 2013, when Arizona’s Salt River Valley seemed…
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New Yorkers Wagered $472 Million Online Over Super Bowl Week
(Bloomberg) — New York sports bettors wagered $472.1 million the week of the Super Bowl, making it one of the…
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U.K. Economy Seen Slowing Sharply on Record Staff Shortages
Britain’s economy grew at the slowest pace since the height of lockdown in February, which purchasing managers blamed on staff…
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London’s Housing Market Shows Hit From Home Working
(Bloomberg) — London private housing rents fell in July compared with a year earlier as the ability to work from…
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Xi Crackdowns Look to Whip China’s ‘Lying Flat’ Youth Into Shape
(Bloomberg) — Piecing together President Xi Jinping’s recent speeches and a barrage of new regulations that have roiled markets, one…
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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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Nickel Nears Seven-Year High With Metals Rising on Demand Bets
(Bloomberg) — Nickel rose for a third straight session, approaching a seven-year high on booming demand for the metal used…
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Intel Pledges to Retake Innovation Crown, Changes Yardstick
(Bloomberg) — Intel Corp., playing catch-up in semiconductor technology after losing its long-held dominance, vowed to become the industry leader…
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Activision Blizzard Staff Sign Petition Supporting Labor Lawsuit
To the Leaders of Activision Blizzard, We, the undersigned, agree that the statements from Activision Blizzard, Inc. and their legal…
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Oil Giants Hunt for That One Last Big Hit Along Coast of Brazil
(Bloomberg) — If an energy transition is underway around the world, it hasn’t reached the streets of Ilha da Conceicao,…
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Airbnb, Vrbo Go to Great — Sometimes Annoying Lengths — to Woo Hosts
(Bloomberg) — The phone at the Buckhorn Inn in Gatlinburg, Tennessee, has been ringing off the hook since the start…
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U.S. Firms Quadruple Latino Board Hires in Slow Diversity Push
(Bloomberg) — U.S. publicly-listed companies more than quadrupled the appointment of Latino executives to their boards in the first quarter,…
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Banning New Gas Cars Is Key for Hitting EU’s Climate Goals
(Bloomberg) — The European Union must set a date to phase out the sale of new petrol and diesel cars…
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