Articles from www.bloomberg.com

Articles from www.bloomberg.com

Memo: DoorDash plans to lay off around 1,250 employees, aiming to curb expenses; sources say that represents around 6% of its workforce (www.bloomberg.com)
2022-12-1

Euro-Zone Inflation Finally Slows in Sign of Hope for ECB (www.bloomberg.com)
2022-11-30 Inflation

Emboldened by FTX's collapse, the disgraced founders of Terra, Celsius, and Three Arrows Capital have reemerged, offering their thoughts on SBF, FTX, and more (www.bloomberg.com)
2022-11-30

Sources: LedgerX, known as FTX US Derivatives, plans to make $175M available for FTX's bankruptcy, part of a $250M fund reserved for a CFTC application (www.bloomberg.com)
2022-11-30 CFTC

South Dakota Gov. Kristi Noem signs EO banning TikTok for state agencies, employees, and contractors using state devices over “security threat” posed by China (www.bloomberg.com)
2022-11-30 China

Amazon's AWS unit expects to add employees in 2023 and will continue building data centers, despite the company's hiring freeze and cuts in other divisions (www.bloomberg.com)
2022-11-30 Amazon

Fed to Get Some Help in Pausing as Inflation Gauge Gap Shrinks (www.bloomberg.com)
2022-11-30 Inflation

Global Yield Curve Inverts in Signal a Recession Is Brewing (www.bloomberg.com)
2022-11-30

Analysis: Palantir, which invested $450M since 2021 in early-stage companies via SPACs, has lost ~$333M, or 75% of its portfolio, offset against some revenue (www.bloomberg.com)
2022-11-30

Biden Is Making the Student Loan Mess Worse (www.bloomberg.com)
2022-11-29

China's Covid-Hit Economy Leaves Door Open for PBOC Easing (www.bloomberg.com)
2022-11-29 China

Donald Trump's lawyer says a lawsuit against Twitter over banning his account is ongoing and Trump does not plan to withdraw the appeal, complicating his return (www.bloomberg.com)
2022-11-29 Trump Twitter

AWS announces a new Graviton3E chip for high-performance computing tasks like weather forecasting and gene sequencing, competing with Intel, Nvidia, and others (www.bloomberg.com)
2022-11-29 Intel Nvidia

Memo: Evan Spiegel told Snap employees that he expects them to be in the company's offices 80% of the time, or four or more days a week, starting February 2023 (www.bloomberg.com)
2022-11-29

Fight Poverty, Not Income Inequality (www.bloomberg.com)
2022-11-29

Job cuts in tech and banking don't mean mass layoffs in looming global recession. (www.bloomberg.com)
2022-11-29 Layoffs

Powell to Set Stage for Slowing Fed Rate Hikes Amid Hawkish Tone (www.bloomberg.com)
2022-11-28

Stagflation Will Rule 2023, Keeping Stocks in Peril (www.bloomberg.com)
2022-11-28 Stock

Sources: the fall of FTX, one of the first companies to receive a license in Dubai, prompts concerns from UAE officials over embracing crypto too quickly (www.bloomberg.com)
2022-11-28 Dubai

Coinbase names four executives, covering Ireland, Germany, the UK, and EMEA, to lead its expansion in Europe (www.bloomberg.com)
2022-11-28 Germany Europe Ireland Coinbase

Source: turmoil at Foxconn's Zhengzhou hub is likely to lower iPhone 14 Pro production by close to 6M units in 2022, potentially worsening if lockdowns continue (www.bloomberg.com)
2022-11-28 iPhone

Qatar's Tarnished World Cup Is Too Big for Brands to Boycott (www.bloomberg.com)
2022-11-28 Qatar

Erdogan Says Turkey Will Persist With Single-Digit Rates (www.bloomberg.com)
2022-11-28 Turkey

India's Economic Ascendance May Happen This Time (www.bloomberg.com)
2022-11-27 India

FTX US Donated $1 Million to a Super-PAC Aligned With Mitch McConnell in October Donation came just days before FTX declared bankruptcy | Bankman-Fried became sixth largest donor in midterm elections (www.bloomberg.com)
2022-11-27

Rare Good News for the UK Housing Market : House prices are still heading for a fall, but at least mortgage rates are dropping too (www.bloomberg.com)
2022-11-26 Real Estate mortgage

The FCC imposes a ban on equipment from Huawei and ZTE, camera providers Hikvision and Dahua, and radio maker Hytera, citing “a risk to national security” (www.bloomberg.com)
2022-11-26 Ban

Meituan reports Q3 revenue up 28.2% YoY to ~$8.7B and ~$170M in profit, as its “core local commerce” segment, including food delivery and hotels, rose 24.6% YoY (www.bloomberg.com)
2022-11-26

Global Growth to Be as Weak Next Year as 2009, IIF Forecasts (www.bloomberg.com)
2022-11-25

Singapore Warns of Potential Global Funding Markets Dysfunction (www.bloomberg.com)
2022-11-25 Singapore

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