Bloomberg’s Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide in-depth research and data on more than 2,000 companies and 130 industries.
The Business of Fashion’s CEO and Editor-in-Chief Imran Amed and Editor-at-Large Tim Blanks explore issues like the environmental impact of e-commerce, a rising class of creatives in Africa and how influencers have upended the industry altogether.
Amazon Aims to Sublet, End Warehouse Leases as Online Sales Cool
How an Energy Expert Triggered Vladimir Putin With One Word
Dangerous DIY Baby Formula Recipes Go Viral as Parents Get Desperate
Shopify’s Founder-Share Proposal Is Opposed by Glass Lewis
France’s Le Drian Says He’s Happy Scott Morrison Lost Election
New York Judge Approves New Maps for August Primaries
A $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest Eggs
Why Your Index Fund Won’t Protect You From Tech’s Collapse
Mbappe to Renew Contract With Paris Saint-Germain: RMC Sport
Cannes: Ethan Coen on His Jerry Lee Lewis Documentary
How Can the US Fix Its Baby Formula Crisis?
These Ways to Cool the Charter-School Wars Probably Won’t
Elon Musk’s Crazily Banal Week
Compensation Is Becoming an Even Bigger Headache in the Remote-Work Era
My History With Scoliosis Made Me Seek a Better Treatment for My Son
These Tiny Organisms Are Key to Stopping the Next Pandemic
Supreme Court Abortion Leak Was a ‘Cowardly’ Act, Retired Justice Says
The Knot Worldwide Joins Companies Covering Travel for Abortion
Walmart, Lowe’s Shareholders Urged to Vote on Abortion Proposals
Police Report 2nd Death From Tornado in Northern Michigan
When EVs Die in the Wild (And Trust Us They Will)
Here’s the Latest Ranking by City of Baby Formula Shortages
Biden’s New Housing Plan: Fire Up the House Factories
Paris Plans to Remove Two Beltway Lanes to Cut Pollution
Crypto’s Bankman-Fried Gave $16 Million to Super PACs in April
Lagarde Says Crypto Is ‘Worth Nothing’ and Should Be Regulated
BitMEX Founder Hayes Avoids Prison on Bank Secrecy Charge
Everyone knows crypto’s been having a tough time of late. Bitcoin’s lost a third of its value this year, and altcoins are faring even worse with prices sliding again Friday. Despite calls within the community — propagated largely over Twitter — to hoard more coins whenever there’s a selloff, market-watchers say to be wary of predictions that call a bottom to the slide.
Mike Novogratz, the founder of Galaxy Digital Holdings Ltd. who this week issued a mea culpa over Terraform Labs’s imploded stablecoin, noted that some smaller tokens are down 80% from their highs. And should their losses accelerate to the same degree they did in 2018, those coins could lose an additional 70%.