WWTOPEU
- ECONOMY
A City Tailor-Made for Self-Driving Cars? Toyota Is Building One
(Bloomberg) — In late February, Toyota Motor Corp. President Akio Toyoda gathered with a handful of Shinto priests in a white tent at…
Read More » - ECONOMY
Draghi Bets 261 Billion Euros to Redesign Italy’s Economy
(Bloomberg) — Prime Minister Mario Draghi has just a few days to refine what he calls a “historic” plan to…
Read More » - ECONOMY
Singapore Tops Resilience Ranking; India Aid: Virus Update
(Bloomberg) — A combination of curbing the virus and rolling out vaccines at one of the fastest rates in Asia…
Read More » - ECONOMY
Lyft to Sell Autonomous-Driving Unit in $550 Million Deal
(Bloomberg) — Lyft Inc. has agreed to sell its self-driving division to a subsidiary of Toyota Motor Corp., joining Uber…
Read More » - ECONOMY
Cow Cocktails and Vaccines Join the Battle to Reach Net Zero
(Bloomberg) — Cows in New Zealand are getting a cocktail typically associated with hipsters in New York or London. Branded…
Read More » - ECONOMY
Johnson Denies Making ‘Bodies Pile’ Remark: U.K. Politics Update
(Bloomberg) — U.K. Prime Minister Boris Johnson hit back at claims that he said he would rather see “bodies pile…
Read More » - ECONOMY
Apple Ups U.S. Investments Over Five Years to $430 Billion
(Bloomberg) — Apple Inc. is increasing its U.S. investments by 20% over the next five years, allocating $430 billion to…
Read More » - ECONOMY
Global Travel Braces for Vaccine-Powered Revival
(Bloomberg) — Even as the coronavirus pandemic continues to rage in many corners of the world, places that have successfully…
Read More » - ECONOMY
Move Over, Turbos. Porsche CEO Says Tech Takes Priority in New Strategy
(Bloomberg) — Steve Jobs trained consumers too well, says Kjell Gruner, the new president and chief executive officer of Porsche Cars North…
Read More » - ECONOMY
Total Suspends Mozambique LNG Indefinitely on Security Threat
French energy giant Total SE suspended its $20 billion liquefied natural gas project in Mozambique indefinitely after an escalation of…
Read More » - ECONOMY
Bitcoin Hits Lowest Since Early March Before Retaking $50,000
(Bloomberg) — Bitcoin fell to the lowest in seven weeks on Monday as it continued to struggle with the $50,000…
Read More » - ECONOMY
India Gains Aid Pledges; EU Welcomes U.S. Tourists: Virus Update
India’s Covid-19 crisis is worsening, with a million cases added in the past three days. The U.S. will send India…
Read More » - ECONOMY
U.S. States Relaunch J&J Shot After 10-Day Halt: Virus Update
U.S. states from New York to Arizona moved to begin administering the one-shot Johnson & Johnson vaccine again, restoring one…
Read More » - ECONOMY
This Pasta Salad Revolutionizes the Beloved TikTok Recipe
(Bloomberg) — Editor’s Note: As more people are working from home, Bloomberg Pursuits is running a weekly Lunch Break column…
Read More » - ECONOMY
Europe’s Most Indebted Countries Aren’t Ready for Market Reality
(Bloomberg) — Europe’s brightening economic outlook as Covid-19 vaccinations pick up is also accelerating the timetable toward a new danger.…
Read More » - ECONOMY
U.S. Ends Pause on J&J Shots; NYC Allows Walk-Ins: Virus Update
U.S. health agencies lifted the pause on Johnson & Johnson’s Covid-19 vaccine on Friday, 10 days after urging providers to…
Read More » - ECONOMY
Ghislaine Maxwell Making First Appearance in Person Since Arrest
(Bloomberg) — Ghislaine Maxwell will make her first public appearance in nine months on Friday to answer additional sex crimes…
Read More » - ECONOMY
Biden Will Travel to U.K. and Belgium For First Foreign Trip
(Bloomberg) — Joe Biden will attend the G7 summit in Cornwall, U.K., and a NATO meeting in Brussels this June…
Read More » - ECONOMY
Biggest QQQ Exodus Since 2000 Ups the Ante on Big Tech Earnings
(Bloomberg) — Tech’s uninspired start to earnings season has investors dumping billions before the sector’s heavyweights report next week. The…
Read More » - ECONOMY
Biden Aims at Top 0.3% With Bid to Tax Capital Like Wages
President Joe Biden wants to end the preferential U.S. tax treatment of investment income that has benefited the nation’s wealthy…
Read More » - ECONOMY
Biden Offers Rare Praise for Russia’s Putin: Climate Update
(Bloomberg) — Day two of President Joe Biden’s international climate summit commences on Friday. Biden pledged during the first day…
Read More » - ECONOMY
Wall Street’s Trillion-Dollar ESG Club Comes With Huge Tax Perks
(Bloomberg) — Bank of America Corp. sparked a stir in January — and a little envy — with just a few lines of…
Read More » - ECONOMY
Biden Gets No Fresh Starts on Complicated U.S. Foreign Policy
(Bloomberg Businessweek) — “America is back,” President Biden said in February, promising a diplomacy-centered reset of foreign policy. When it…
Read More » - ECONOMY
Curt Schilling’s $150 Million Fail Shows What’s Broken in Video Games
(Bloomberg Businessweek) — 38 Studios was the type of company a teenager might dream up when fantasizing about what it’d be…
Read More » - ECONOMY
As Infrastructure Battle Heats Up, Currency Market Finds Winners
(Bloomberg) — As lawmakers wrangle over President Joe Biden’s latest trillion-dollar stimulus package, currency investors are already picking the winners…
Read More » - ECONOMY
Biden Aims at Top 0.3% With Bid to Tax Capital Gains Like Wages
President Joe Biden wants to end the preferential U.S. tax treatment of investment income that has benefited the nation’s wealthy…
Read More » - ECONOMY
Ramadan Concerns Climb; New Curbs on Indian Fliers: Virus Update
(Bloomberg) — Southeast Asia’s biggest predominantly Muslim nations are tightening movement restrictions to avert a possible surge in Covid-19 infections…
Read More » - ECONOMY
Citi Retail Units Seen Fetching $6 Billion as Sales Kick Off
(Bloomberg) — Citigroup Inc. could fetch as much as $6 billion from the sale of retail banking assets in 13…
Read More » - ECONOMY
Snap Rises After Sales, User Growth Top Analysts’ Estimates
(Bloomberg) — Snap Inc. reported quarterly revenue and daily active users that topped analysts’ estimates, boosted by digital advertising campaigns…
Read More » - ECONOMY
Snap Reports Sales, User Growth That Top Analysts’ Projections
(Bloomberg) — Snap Inc. reported quarterly revenue and daily active users that topped analysts’ estimates, boosted by digital advertising campaigns…
Read More » - ECONOMY
Big Tech $100 Billion Foreign-Profit Hoard Targeted by Tax Plan
(Bloomberg) — Technology giants led by Apple Inc. and Microsoft Corp. disclosed more than $100 billion in profit outside the…
Read More » - ECONOMY
Herd Immunity Is Humanity’s Great Hope, and It’s Proving Elusive
(Bloomberg Businessweek) — Long before herd immunity became humanity’s shared obsession, the phrase referred to sick cows. More than a…
Read More » - ECONOMY
What’s Next for Chad After Long-Serving President Deby’s Death
(Bloomberg) — Chad has only had one ruler since Idriss Deby came to power in an uprising 30 years ago.…
Read More » - ECONOMY
India Records World’s Highest One-Day Surge in Covid Cases
(Bloomberg) — India saw a record one-day jump with more than 300,000 new coronavirus infections, marking a grim milestone for…
Read More » - ECONOMY
India Cases Surge; N.Y Shuts Overflow Center: Virus Update
(Bloomberg) — India is driving a surge of cases in Asia, reporting more than 200,000 new infections every day for…
Read More » - ECONOMY
Credit Suisse’s Prime Unit Risk Chief Had Been Archegos Salesman
(Bloomberg) — Wall Street banks have long relied on a familiar system to limit the dangers of trading with big…
Read More » - ECONOMY
Dan Sundheim’s D1 Shakes Off Its $4 Billion Reddit-Fueled Fiasco
(Bloomberg) — It was the kind of moment that would normally sink a hedge fund: Dan Sundheim was on Zoom,…
Read More » - ECONOMY
A New Agave Drink From Mexico Is the Tequila That’s Not Tequila
(Bloomberg) — The U.S. has had a long love affair with distilled drinks made from agave. First came the tequila…
Read More » - ECONOMY
Billionaire James Dyson Signals Return to U.K. From Singapore
(Bloomberg) — James Dyson has switched his residency from Singapore to the U.K., reversing a move he made about two…
Read More » - ECONOMY
Facial Recognition, Other ‘Risky’ AI Set for Constraints in EU
(Bloomberg) — Facial recognition and other high-risk artificial intelligence applications will face strict constraints under new rules unveiled by the…
Read More » - ECONOMY
How to Travel Safely During Covid: What Doctors Recommend After Getting a Vaccine
(Bloomberg) — In the U.S., upwards of 3 million people a day are leaving vaccine sites with new immunity and…
Read More » - ECONOMY
Bayer Deal Pays Roundup Plaintiff to Keep Fighting It in Court
(Bloomberg) — Legal settlements usually aim at ending litigation, but Bayer AG has entered into a deal that essentially pays…
Read More » - ECONOMY
Top JPMorgan Traders Talk Robots, Brexit Impact and Remote Work
(Bloomberg) — The next generation of traders will need quant, data and coding expertise to keep up with the needs…
Read More » - ECONOMY
India Driving Case Increase; Tokyo Emergency Seen: Virus Update
(Bloomberg) — The World Health Organization said coronavirus cases are rising in all regions except Europe, with the largest increase…
Read More » - ECONOMY
Verdict Is ‘Step’ to Justice, Minnesota AG Says: Chauvin Update
(Bloomberg) — Derek Chauvin, the former Minneapolis police officer who knelt on George Floyd’s neck for more than nine minutes…
Read More » - ECONOMY
Digital Yuan Gives China a New Tool to Strike Back at Critics
(Bloomberg) — Even as China grows in economic and military power, perhaps nothing reveals Beijing’s weaknesses more than the U.S.’s…
Read More » - ECONOMY
Trudeau’s Pre-Election Bet Hinges on Fast Growth, Low Inflation
Justin Trudeau’s government released a budget that promises big spending on new social programs and a return to small deficits…
Read More » - ECONOMY
Central Banks to Pour Money Into Economy Despite Sharp Rebound
The aggressive rebound in global economic growth still isn’t enough for most of the world’s central banks to pull back…
Read More » - ECONOMY
Oil Slides With Broader Market Selloff Adding to Demand Concerns
(Bloomberg) — Oil slumped alongside a broader market rout as a resurgent virus in some of the world’s top oil…
Read More » - ECONOMY
Shock Veto of $1 Billion Aegon Deal Sparks Dutch Outcry
(Bloomberg) — The Dutch government has raised concerns with Hungarian officials after a decision in Budapest to block the sale…
Read More »
