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Citigroup was accused in a lawsuit of racial discrimination for its policy of waiving ATM fees for customers of minority-owned banks
Citi Sued by ATM Customers Over Reverse Race Discrimination
Citigroup Inc. was accused in a lawsuit of racial discrimination for its policy of waiving ATM fees for customers of minority-owned banks.
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A 25-year-old Bank of America credit trader died suddenly on Thursday night
The death is the second in recent weeks involving a young employee within the firm’s Wall Street divisions
A 25-Year-Old BofA Credit Trader Dies Suddenly at Industry Event
A 25-year-old Bank of America Corp. credit trader died suddenly on Thursday night.
www.bloomberg.comThe massive solar storm that delivered impressive aurora views around the world also strained the power grids in many US cities. Are we prepared for more?
Dazzling Solar Storm Tested Power Grids. Data Suggests More Are Coming.
The recent storm was the strongest in decades. The current solar cycle has ramped up faster than expected.
www.bloomberg.comWith America’s supply of beef cattle the lowest since 1961, dairy farmers are finding another way to make money: breed more calves destined for the slaughterhouse
Farmers Are Breeding Hybrid Dairy Cattle to Sell for Meat
The additional income stream is a welcome boost for US dairy producers, who’ve had a tough couple of years selling milk.
www.bloomberg.comThese are the B-sides — the questionable redactions, the odd emails and humorous text messages. Read the FOIA documents that never get any love 🔍
Many fashion companies say they want to substantially cut their greenhouse gas emissions — but evaluating their progress is tricky.
@zhirji.bsky.social and Sana Pashankar investigated 38 of the world's biggest brands. Here's what they found ⬇️
Why It’s So Hard to Track the Fashion Industry’s Emissions
A growing number of fashion companies are talking about substantially cutting their greenhouse gas emissions. But evaluating those efforts is tricky.
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Donald Trump is up against historic criminal trials and a failed 2020 reelection bid.
But his 2024 campaign is organized, frugal – and getting results.
Listen to the Big Take DC podcast ⬇️
Big Take DC
We’re taking The Big Take to DC. Every Thursday, Bloomberg’s Saleha Mohsin digs into how money, politics, and power shapes Washington - and the consequences for voters across America.
link.chtbl.comFrom Trump's mugshot-inspired NFTs to PAC-funded attack ads, cryptocurrencies have become a campaign-season issue
Trump Mugshot NFTs Highlight Crypto’s Arrival on Campaign Trail
This year’s resurgence in cryptocurrency markets has made digital assets a hot topic on the campaign trail before US elections in November, and the political battle lines are becoming much more well-d...
www.bloomberg.comThe Justice Department is formally starting the process of classifying marijuana as a less dangerous substance, moving toward a major change in US drug policy
DOJ Advances Plan to Classify Marijuana as Less Dangerous Drug
The Justice Department formally started the procedure of classifying marijuana as a less dangerous substance, moving toward a major change in US drug policy.
www.bloomberg.comPop superstar Beyoncé gave Vice President Kamala Harris tickets worth $1,656 to one of her shows in 2023, according to financial disclosures released by the White House
Beyoncé Tickets Among Assets, Income Disclosed by Biden, Harris
Pop superstar Beyoncé gave Vice President Kamala Harris tickets worth $1,656 to one of her shows in 2023, according to financial disclosures released by the White House that provide detailed informati...
www.bloomberg.comFor the first time, Noland Arbaugh explains how Elon Musk’s Neuralink brain implant, which allows him to control a computer with his thoughts, has changed his life
Neuralink’s First Patient: ‘It Blows My Mind So Much’
For the first time, Noland Arbaugh explains how Elon Musk’s brain implant, which allows him to control a computer with his thoughts, has changed his life.
www.bloomberg.comRising global temperatures and climate change-fueled disasters are worsening neurological conditions, and there may be impacts researchers haven't even begun to examine
Climate Change Is Affecting Brain Health, Study Finds
Rising temperatures are worsening neurological conditions, and there may be impacts researchers haven’t even begun to examine.
www.bloomberg.comBoeing has four weeks to convince the US not to prosecute the company after finding it breached a 2021 agreement protecting it from criminal charges following two fatal crashes
Boeing Has Four Weeks to Stop Possible Prosecution Over Crashes
Boeing Co. has four weeks to convince the US not to prosecute the company after finding it breached a 2021 agreement protecting it from criminal charges following two fatal crashes.
www.bloomberg.com
Marathon Petroleum delayed repairs at its Galveston Bay refinery in Texas due to high demand and record profits.
A leaky pump then caused a deadly explosion.
Read The Big Take ⬇️
Deadly US Oil Blast Exposes Risks of Pushing Profits Over Safety
Marathon Petroleum, the largest fuel producer in the US, delayed repairs at its Galveston Bay refinery amid high demand and record profits. A leaky pump then caused a deadly explosion.
www.bloomberg.comMass-market genetic testing has little to offer most people. That’s a big problem for 23andMe
The DNA Test Delusion
Mass-market genetic testing has little to offer most people. That’s a big problem for 23andMe.
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When Microsoft pledged four years ago to remove more carbon than it emits by the end of the decade, it was one of the most ambitious and comprehensive plans to tackle climate change.
Now the software giant's relentless push to be the global leader in AI is putting that goal in peril
Microsoft’s AI Push Imperils Climate Goal as Carbon Emissions Jump 30%
The company’s goal to be carbon negative by 2030 is harder to reach, but President Brad Smith says the good AI can do for the world will outweigh its environmental impact.
www.bloomberg.comHow one of the world's oldest hedge funds went bankrupt: Interviews and court documents depict the stunning collapse of George Weiss's firm
How One of the World's Oldest Hedge Funds Went Bankrupt
The order came down from George Weiss, hedge fund pioneer: Sell. Sell it all.
www.bloomberg.comAutomatic refunds, improved accessibility — here are the ways flying will improve under the new FAA bill
Six Ways Congress Plans to Make Flying Better With the FAA Bill
President Joe Biden is expected to sign the legislation that will help airline passengers seeking refunds and clarity on fees.
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🚨 Want to know more about the ongoing #IndiaElections as Modi tries to secure a third term in power?
Ask our foreign policy reporters and editors Nasreen Seria, Swati Gupta and Sudhi Ranjan Sen in this Reddit AMA happening today at 11 a.m. ET. Send questions here ⤵️ www.reddit.com/r/worldnews/...
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www.reddit.com🚨 We’re debuting our new podcast, the Big Take Asia, with a two-part deep dive into India’s most popular — and polarizing — leader in decades, Narendra Modi. Listen here: link.chtbl.com/V1D7qKfV
🎙️ NEW: Narendra Modi is the most popular leader India’s seen in decades, but he’s also feared in some circles.
Find out how the polarizing PM has set himself up to secure a third election win with our new Big Take Asia podcast link.chtbl.com/V1D7qKfV
Big Take Asia
Understanding Asia is essential to understanding the global economy and the world of business. This region is home to the world's fastest-growing economies and is where the only real threat to the ...
link.chtbl.comGoogle said it’s rolling out a version of its ubiquitous search engine that includes responses written by artificial intelligence
Google Launches Search Engine Version Powered by Generative AI
Alphabet Inc.’s Google on Tuesday said it’s rolling out a version of its ubiquitous search engine that includes responses written by artificial intelligence, in one of the most significant overhauls s...
www.bloomberg.comThe US is set to boost output of bunker-buster bombs that are designed to hit underground nuclear facilities, like those in Iran or North Korea
US to Boost Output of Bombs Designed to Hit Underground Nuclear Facilities
An Army ammunition plant in southeast Oklahoma is being expanded to at least triple monthly production of the US’s biggest non-nuclear bomb, a weapon often invoked in debates about a potential attack ...
www.bloomberg.comPro-Palestinian protesters at Harvard are clearing out their weeks-long encampment without achieving their primary demand: forcing the school to cut its financial ties to Israel
Harvard Protests End With Whimper as Israel Divestment Demands Fail
Pro-Palestinian protesters at Harvard University are clearing out their weeks-long encampment without achieving their primary demand: forcing the school to cut its financial ties to Israel.
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Donald Trump’s former lawyer and fixer Michael Cohen returns to the witness stand at the former president’s criminal trial in New York.
Follow our free live blog for the latest updates ⤵️
www.bloomberg.com/news/live-bl...
US producer prices rose in April by more than projected, suggesting inflationary pressures are taking longer to abate
US Producer Prices Rose in April by More Than Projected
US producer prices rose in April by more than projected, suggesting inflationary pressures are taking longer to abate.
www.bloomberg.comExclusive: President Emmanuel Macron tells Bloomberg he would be open to seeing a major French bank bought by a European rival www.bloomberg.com/news/feature...
New: Tesla started hiring back some of the almost 500 members of its Supercharging team that CEO Elon Musk dismissed last month www.bloomberg.com/news/article...
GameStop shares extend rally to 110% after the trader known as "Roaring Kitty" posted on X for the first time since the 2021 retail-trading mania www.bloomberg.com/news/article...
Michael Cohen is finally taking the stand as the star witness in the case against Donald Trump. Follow here for the latest updates www.bloomberg.com/news/live-bl...
The US and its allies are spending about $81 billion to boost chip production, escalating a global showdown with China
Read The Big Take ⤵️
Global Chips Battle Intensifies With $81 Billion Subsidy Surge
US and allies vie with China for semiconductor supremacy, powered by wave of domestic investment
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Michael Cohen is set to testify in Trump's hush-money criminal trial.
Free to read live updates: www.bloomberg.com/news/live-bl...
World powers are again racing to the moon, only this time they're setting the stage for a more ambitious goal www.bloomberg.com/features/202...
The closure of Gaza’s two crossings have disrupted the flow of food, medicine and fuel to 2 million Palestinians.
Here’s what has entered Gaza since the war began ⤵️
How Israel’s Rafah Operation Threatens Gaza’s Critical Aid Pipeline
Gaza’s 2 million people depend on humanitarian aid that passes through the Kerem Shalom Crossing and Rafah Crossing, which are both controlled by the Israeli military in the south of the enclave.
www.bloomberg.comNew: Target is planning to cut LGBTQ-themed merchandise from some stores during Pride Month in June, after a backlash dented revenue last year www.bloomberg.com/news/article...
New: The SEC is probing statements Boeing made about its safety practices after a panel blew off a 737 Max 9 in January www.bloomberg.com/news/article...
The legal system is not going to stymie Donald Trump’s political momentum as many once thought
Legal Stalling Tactics and Lucky Breaks Boost Trump White House Bid
Delays in the classified documents case and the Georgia election interference charges against Donald Trump exposed a fundamental truth about the 2024 election: the legal system is not going to stymie ...
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Tim Cook won't be Apple's CEO forever.
Mark Gurman joins the Big Take podcast to discuss the challenges of replacing the 63-year-old executive—and who might be the next chief
Big Take
Each weekday, Big Take brings you a story - one big, important story. We talk to Bloomberg journalists around the world, experts and the people at the center of the news to help you understand what...
link.chtbl.comNew: Republican Marjorie Taylor Greene forces a House vote on ousting Speaker Mike Johnson, a fight she is virtually certain to lose www.bloomberg.com/news/article...
New: Republican Marjorie Taylor Greene forces a House vote on ousting Speaker Mike Johnson, a fight she is virtually certain to lose
President Joe Biden chided Donald Trump during a visit to swing-state Wisconsin, championing a major Microsoft investment at the same site his rival's plans for a flagship technology project by Foxconn fizzled
Biden Jabs Trump on Foxconn With Microsoft Project at Same Site
President Joe Biden chided Donald Trump during a visit to swing-state Wisconsin, championing a major Microsoft Corp. investment at the same site his 2024 rival’s plans for a flagship technology projec...
www.bloomberg.comElon Musk has made no secret of his interest in the far-right Alternative for Germany. After a series of self-inflicted set-backs, it’s less clear that the party can retain the enthusiasm of its voters
Musk Is Engaging With Europe’s Far Right But Voters Aren’t So Sure
Europe’s far-right parties are enjoying a high profile, including social-media engagement with Elon Musk. But the controversies have come with a cost in the polls, as they struggle to maintain momentu...
www.bloomberg.comThe US paused a shipment of bombs to Israel over concerns about a potential military offensive on the Gazan city of Rafah, which President Joe Biden opposes, according to a senior administration official
US Pauses Arms Shipment to Israel Over Rafah Invasion Plans
The US paused a shipment of bombs to Israel over concerns about a potential military offensive on the Gazan city of Rafah, which President Joe Biden opposes, according to a senior administration offic...
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Bill Hwang, whose Archegos family office collapsed in 2021 and took Credit Suisse with it, faces a criminal trial that could end with him behind bars for the rest of his life.
Here's what you need to know
Bill Hwang On Trial: The Criminal Case Against Archegos’s Founder, Explained
Sung Kook “Bill” Hwang maintained a low profile on Wall Street as he managed his own wealth through his “family office,” known as Archegos Capital Management. But then Archegos suddenly melted down in...
www.bloomberg.comDonald Trump’s intimate moments with adult film star Stormy Daniels spilled out into open court on Tuesday in a highly-anticipated moment of his hush-money trial
Trump’s Private Life Exposed in Intimate Stormy Daniels Testimony
Donald Trump’s intimate moments with an adult film star spilled out into open court on Tuesday as Stormy Daniels described her alleged affair with the former president in a highly-anticipated moment o...
www.bloomberg.comNew: Donald Trump’s criminal trial for allegedly mishandling classified documents has been postponed indefinitely www.bloomberg.com/news/article...
Reddit reported quarterly sales that topped analyst estimates, impressing investors in its first earnings report as a public company.
The shares soared more than 15% in extended trading www.bloomberg.com/news/article...
New York has the most millionaires in the world, while Miami ranks 33rd
One Out of Every 24 New York City Residents Is Now a Millionaire
The number of people with a seven-figure net worth has jumped in Manhattan, the Bay Area and Singapore over the past decade, according to a report. London, Hong Kong and Moscow saw declines.
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