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Bloomberg

Bloomberg

November 21, 2022 | Daily Business Review

Holiday Shopping Looks Anything but Festive for Retail Stocks

Wall Street is starting to doubt that retailers can snap out of a yearlong stock-market slump as consumers increasingly tighten their belts heading into the crucial holiday shopping season.

By Katrina Lewis and Jan-Patrick Barnert/Bloomberg News

4 minute read

November 21, 2022 | Daily Business Review

World Cup Pits Football Against Football for US Viewers

The world's biggest sporting event is about to go head-to-head with America's most popular sport.

By Gerry Smith/Bloomberg News

4 minute read

November 18, 2022 | Daily Business Review

Ex-Citi Trader Says Bank Distorted Chats to Get Him Indicted for Price-Fixing

The suit seeks $112 million in damages and alleges a former Citi executive's review of a trader's chat communications misled prosecutors in a way that falsely implicated him. He was found not guilty after a trial in 2018.

By Bob Van Voris/Bloomberg News

6 minute read

November 18, 2022 | Daily Business Review

Senators Ask FTC to Probe Musk's 'Alarming Steps' at Twitter

Seven senators wrote a letter to the Federal Trade Commission Thursday expressing concerns about the "integrity and safety" of the Twitter platform.

By Amy Thomson | Bloomberg News

2 minute read

November 18, 2022 | Daily Business Review

Crypto Whistleblowers in Line for Multimillion-Dollar Payouts

Commodity Futures Trading Commission's Kristin Johnson said an interview that "the value of having those vocal whistleblowers and tipsters is critical" in the digital-asset space.

By William Shaw and Eva Szalay/Bloomberg News

2 minute read

November 17, 2022 | Daily Business Review

FTX Lawyers Accuse Bankman-Fried of Undermining Bankruptcy

Embattled cryptocurrency mogul Sam Bankman-Fried is undermining efforts to reorganize his crumbling empire with "incessant and disruptive tweeting" that appears aimed at moving assets away from the control of a U.S. court in favor of one in the Bahamas, U.S. lawyers for the bankrupt crypto platform FTX said in a court filing.

By Steven Church, Bloomberg

3 minute read

November 17, 2022 | Daily Business Review

Fed to Face Rising Tensions in Next Congress on Inflation and Jobs

After dealing with a largely friendly Congress over the past two years, Federal Reserve Chair Jerome Powell faces rising tensions over his policies as Democrats warn about job losses while Republicans continue to press on the importance of stable prices.

By Craig Torres, Bloomberg

5 minute read

October 12, 2022 | Daily Business Review

Chip Suppliers Pull Back From Yangtze Memory After Biden Ban

New regulations from the Biden administration ban Chinese companies from buying advanced chip-making equipment or employing American citizens without a license.

By Bloomberg News

3 minute read

September 26, 2022 | Daily Business Review

Weaker Demand for Chinese Goods Spells Shipping Boom's End

U.S. container imports aren't falling off a cliff, but they're slowing down to more normal levels seen before COVID-19.

By Bloomberg News

6 minute read

August 15, 2022 | Daily Business Review

Musk Tells China's Censors About His Vision for the Future

Tesla Inc.'s Elon Musk contributed a column to the official publication of the Cyberspace Administration of China, the powerful agency that oversees…

By Bloomberg News

4 minute read