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Bloomberg

Bloomberg

May 13, 2022 | Daily Business Review

Shein's Breakneck Growth Slows, Testing $100B Valuation

Shein, the online-only retailer of inexpensive clothes, beauty and lifestyle products, has become a global phenomenon, with a following of mostly tweens and teenagers in the West.

By Bloomberg News

5 minute read

March 10, 2022 | Daily Business Review

Russia Devises Plan to Seize Firms Abandoned in Foreigner Exodus

In the first explicit response to the exodus of foreign businesses from Ikea to McDonald's Corp., the Russian Economy Ministry has outlined new policies to take temporary control of departing companies where foreign ownership exceeds 25%.

By Bloomberg News

4 minute read

December 13, 2021 | Daily Business Review

Daimler Reveals Chinese Partner Doubled Stake Years Ago

It's unclear whether the lag time between BAIC Automotive Group Co. acquiring a bigger holding and Daimler's announcement will rekindle scrutiny of disclosure rules and China's growing influence over iconic German companies.

By Bloomberg News

4 minute read

May 13, 2020 | New York Law Journal

Paul Manafort Released to Home Confinement Over Virus Fears

Since late March, at least 2,471 of 169,000 federal inmates have been released to home confinement.

By Bloomberg

4 minute read

March 05, 2020 | New York Law Journal

Coronavirus Concern Interrupts Manhattan Criminal Trial

A federal criminal trial in Manhattan was interrupted today when the judge informed lawyers and spectators that a member of the jury pool had been contacted by health authorities about possible exposure to the coronavirus.

By Bloomberg

3 minute read

February 28, 2019 | New York Law Journal

Martha Stewart Takes Advisory Role at Pot Firm Canopy Growth

Canopy announced in January that it will spend as much as $150 million to build a hemp facility in New York state, its first production plant in the U.S.

By Bloomberg

3 minute read

May 14, 2018 | Daily Business Review

One-of-a-Kind Private Train Takes On Florida's Traffic Nightmare

The Brightline high-speed train, the only privately owned and operated passenger rail system in the U.S., took its inaugural run to Miami on Friday filled with politicians and reporters. The public can ride starting May 19.

By Nathan Crooks, Bloomberg News

3 minute read

May 03, 2018 | Daily Business Review

Sternlicht's Starwood Is Said to Seek Sale of Apartments

Barry Sternlicht's Starwood Capital Group is seeking offers for a portfolio of apartment buildings that together may fetch more than $1 billion,…

By Gillian Tan, Bloomberg

2 minute read

February 08, 2018 | Daily Business Review

US Threatens to Dump Lenders From Veterans Mortgage Program

Nine lenders have been warned by the U.S. that they will be kicked out of a top mortgage program within months unless they find ways to stop costly…

By Joe Light, Bloomberg

4 minute read

February 08, 2018 | Daily Business Review

This US Mall is Only For the Rich, and It's Doing Just Fine

At the northern tip of Miami Beach's famed barrier island, atop what was once a tangle of mangrove-filled swamps, sits a three-story, 466,000-square-foot…

By Kim Bhasin, Bloomberg

6 minute read