Bloomberg

Gop Risks Backlash In Trump’s Haste To Reopen

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

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"only A Matter Of Time Before Developing-market Stocks Unravel In An Unruly Manner"

"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...

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Mark Zuckerberg Is Now The 3rd Richest Person In The World After His Fortune Grew $30 Billion Since...

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

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Facebook Workers Get Remote Work Option—but It Could Come With A Pay Cut

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

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Lockdowns In Europe: The Evidence So Far

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...

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10 Friday Am Reads

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...

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Baltimore Mayor Tells White House To Cancel Trump’s Visit

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

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Mnuchin Says Another Relief Bill Likely

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...

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Bbrg: How To Get Rich: Make A Lot Or Save A Lot?

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...

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Another 2.4 Million File Jobless Claims

“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

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Hackers Infect Multiple Game Developers With Advanced Malware

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

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How Will Fairfax County Evolve?

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...

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Facebook Will Reopen Offices At 25 Percent Capacity Starting In July

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

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Bloomberg Forged Data To Tarnish Russia Over Covid-19 Response - Russian Embassy In Us

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

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What We Don’t Know About Covid-19

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...

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Ford Backs Off Mask-wearing Policy For Trump Visit

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

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Macro Briefing | 20 May 2020

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

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Report: Apple To Beef Up Apple Tv+ Catalog With Licensed Content

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

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Biden Asks Veep Contenders For References

“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

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Microsoft Acquires Robotic Process Automation Platform Softomotive

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

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