Bloomberg

Multimillion-dollar hedge funds want small business loans too

They’re looking for “free money” from the government.

Infographic: Bloomberg has way, way, way too much money

Way too much.

Private jets and trillion-dollar windfalls: Why 2019 was a great year to be rich

The world’s 500 top billionaires added $1.2 trillion to their net worth, and private jet sales soared. But the working class finally made some gains, too.

Music’s top labels to social phenom TikTok: Pay up

Negations between the labels and the app are reaching a stalemate, which could lead to a music-less TikTok.

These companies are making sure more women get promoted to management

Women tend to drop off the leadership track about 7-10 years into their careers. These companies are making sure they stay.

Why Salesforce, Gap, Bloomberg, and others are teaming up to buy solar

In a new clean energy deal, five companies are pooling their resources to fund a solar project in North Carolina, hopefully paving the way for more companies to collaborate on clean energy investments.

10 stories on the environment and the economy that made us think this year

We wish we’d written these stories–and you should read them.

You’ll never believe what millennials killed this time

Millennials have done goofed again.

Apple hits back hard at Bloomberg over Chinese spying report

The company posted its strong rebuttal of a disturbing Bloomberg exposé.

Report: The FTC is investigating Facebook—stock drops again

The U.S. Federal Trade Commission is looking into Facebook’s recent data-privacy scandal, according to a source cited by Bloomberg. Following reports this weekend that the firm Cambridge Analytica harvested the data of millions of Facebook users without their knowledge, the FTC is now investigating whether Facebook violated a 2011 settlement in which it agreed to … Continue reading “Report: The FTC is investigating Facebook—stock drops again”

The definitive account of Travis Kalanick’s Uber downfall is here

Travis Kalanick may no longer be Uber’s CEO, but his time at the top continues to provide irresistible fodder for journalists. Bloomberg’s Eric Newcomer and Brad Stone have a report on his downfall, which fleshes out the story we already knew in fascinating detail. Kalanick was unrealistic, isolated, and erratic—qualities that you can theoretically get … Continue reading “The definitive account of Travis Kalanick’s Uber downfall is here”

Apple stock tumbles after analysts predict weak iPhone X demand in 2018

Shares of Apple took a nosedive on Tuesday after reports from industry analysts predicted weaker-than-expected demand for the high-priced iPhone X. Zhang Bin, an analyst for Sinolink Securities, said iPhone X shipments for the first three months of next year could be as low as 35 million units, about 10 million lower than earlier estimates, … Continue reading “Apple stock tumbles after analysts predict weak iPhone X demand in 2018”

Microsoft tries a radical idea in sexual harassment cases: Transparency

Microsoft is eliminating forced arbitration agreements with employees who make sexual harassment claims, the New York Times reported. Such agreements let companies keep harassment and discrimination claims out of court and away from public scrutiny. Confidentiality clauses, which are typically attached to such arbitration agreements, are then used to keep harassment claims under wraps, which can allow serial … Continue reading “Microsoft tries a radical idea in sexual harassment cases: Transparency”

Walmart drops the “stores” from its name in a bid for more online cred

In its ongoing pursuit of Amazon-level online dominance, Wal-Mart Stores, Inc. has made a bold decision. No, it’s not going to start paying its employees a higher wage or stop selling guns. It is getting rid of the word “Stores” in its legal name and ditching that pesky hyphen. (Stylistically, it ditched the hyphen years … Continue reading “Walmart drops the “stores” from its name in a bid for more online cred”

Robert Mueller subpoenas Deutsche Bank for Trump’s financial records

Deutsche Bank, Germany’s largest lender, has received a subpoena from U.S. Special Counsel Robert Mueller for records pertaining to Donald Trump’s business activities, according to sources cited in Bloomberg and Reuters. The records could shine new light on hundreds of millions of dollars that the Trump organization reportedly owed to the bank before Trump became … Continue reading “Robert Mueller subpoenas Deutsche Bank for Trump’s financial records”

Michael Flynn was just charged with lying to the FBI about Russian communications

Things are really getting interesting in special counsel Robert Mueller’s Russian investigation—not that they were ever boring. We just learned that Donald Trump’s former national security advisor, Michael T. Flynn, has been charged with making false statements to the Federal Bureau of Investigations about his communications with Russians. It’s the latest move for Mueller, who has … Continue reading “Michael Flynn was just charged with lying to the FBI about Russian communications”

Reconstructing The Mystery Of An Ancient Roman Cult

Design firm Local Projects has turned a pile of rubble into a mystic experience.

Yahoo Taps Simon Cowell To Produce “Ultimate DJ,” And More 2015 NewFronts News

The New York Times and Bloomberg also unveil their digital video master plans to advertisers.

Why Businessweek’s Ugly Tim Cook Cover Is Subversive Genius