Bloomberg: “In states Trump won in 2016, 23 people have lost a job for every 1 person infected. In states Democrat Hillary Clinton won, 13 people have lost a job for every person infected.”
“Put another way, in Trump country, the...
Related topics: Hillary Clinton
"Only A Matter Of Time Before Developing-Market Stocks Unravel In An Unruly Manner"
Tyler Durden
Mon, 05/25/2020 - 08:57
Authored by Marcus Wong, EM market strategist who writes for Bloomberg
Emerging-market equities are...
Facebook CEO Mark Zuckerberg is now worth $87.8 billion, making him the third-richest person in the world, according to the Bloomberg Billionaires Index.
Bloomberg shows that Zuckerberg's net worth grew by $30 billion since March 17, the day after...
Related topics: Mark Zuckerberg, Facebook, Social Media
Enlarge / Mark Zuckerberg demonstrates an Oculus Rift headset at a 2016 event. (credit: David Paul Morris/Bloomberg via Getty Images)
Facebook will become far more friendly to remote work, founder and CEO Mark Zuckerberg announced in a Thursday...
Related topics: Facebook, Social Media, Mark Zuckerberg
Elaine He summarizes in this piece for Bloomberg the evidence concerning European lockdowns.
She divides European states by fatalities and tries to match any success in dealing with the outbreaks with the “strictness” of a country response:
In...
My end of week morning train WFH reads:
• Stock Pickers Should Be Winning. They’re Not (Bloomberg)
• Elon Musk Is the Hero America Deserves (BusinessWeek)
• Restaurants Are Facing a Rotten Future, Even in States That Have Reopened...
President Donald Trump was slated to visit Baltimore, Maryland on Memorial Day, but the mayor has asked the president not to come, Bloomberg News reported. Trump has a complicated relationship with the city, at one point calling it a...
Related topics: White House, Donald Trump
Treasury Secretary Steven Mnuchin said Congress will very likely need to pass more stimulus legislation for the U.S. economy, as the nation struggles to recover from the coronavirus outbreak, Bloomberg reports.
Said Mnuchin: “I think there is...
How to Get Rich? Make a Lot or Save a Lot?
It’s some of both, though the lockdowns make it clear that many of us can easily do with less.
By Nir Kaissar and Barry Ritholtz
Bloomberg, May 21, 2020
Since the lockdowns began, the...
“Workers filed another 2.4 million unemployment claims last week, continuing a wave of historically high filings since the economic fallout from the coronavirus pandemic began,” the Wall Street Journal reports.
Bloomberg reports about...
Related topics: Unemployment
Enlarge (credit: Bloomberg | Getty Images)
One of the world’s most prolific hacking groups recently infected severalMassively Multiplayer Online game makers, a feat that made it possible for the attackers to push malware-tainted apps to one...
Related topics: Hackers, Computer Security, Malware
That is the topic of my latest Bloomberg column, here is one excerpt:
The immediate future of my region thus appears to be a major demand shock to the stores, acceptable continuing employment for the upper middle class, and economic devastation for...
Illustration by James Bareham / The Verge
Facebook will begin reopening its offices worldwide on July 6th with stringent safety measures in place, according to a new report from Bloomberg published on Wednesday. The reopening plan is part of a...
Related topics: Facebook, Social Media
WASHINGTON (Sputnik) - The Russian Embassy in the United States called on Bloomberg news agency to apologise for what it described as the use of forged data in a publication that accuses Moscow of mishandling the coronavirus outbreak.
Related topics: Russia, Moscow
Dave Schuler has been a fair-minded analyst of public policy surrounding COVID-19 internationally, nationally, and in his own Illinois. Two of his most recent posts are especially interesting.
He points us to Elaine He’s report at Bloomberg...
Ford Motor Co. is backpedaling from a policy that every visitor to its factories wear masks ahead of President Trump’s tour of a components plant that it’s converted to a ventilator-making facility, Bloomberg reports.
Related topics: Ford
Economic reopenings proceed throughout US and around the world: WSJ
New virus outbreak in China highlights struggle to contain Covid-19: Bloomberg
CBO projects 38% decline in US economic output in Q2: CNBC
Iranian navy says it will continue to...
Related topics: China, Cnbc
A new report from Bloomberg claims that Apple is changing up its strategy for the Apple TV+ streaming service. Until now, Apple has pitched the service as only for original content you can’t find anywhere else. Now, according to the report,...
Related topics: Apple
“Joe Biden’s campaign is asking some potential vice presidential candidates to submit references, as the presumptive Democratic nominee’s team begins the formal vetting process,” Bloomberg reports.
“Some of the contenders, most...
Related topics: Joe Biden
During his Build keynote, Microsoft CEO Satya Nadella today confirmed that the company has acquired Softomotive, a software robotic automation platform. Bloomberg first reported that this acquisition was in the works earlier this month, but the...
Related topics: Microsoft, Robots