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The first word in business news. Our newsletters: http://bloom.bg/newsletters Our podcasts: http://bloom.bg/podcasts The Big Take podcast: http://trib.al/jtoXfuT ( feed imported by https://press.coop )

AI This Week Was All About Chips and China Investment Rules

Somebody better break out the guacamole, because this week was all about chips. #press

https://www.bloomberg.com/news/newsletters/2023-08-12/ai-news-this-week-chips-and-china-investment-rules?utm_source=press.coop

Selfridges to Cut Jobs to Reduce Debt Pile, Telegraph Reports

Selfridges & Co., the UK department store, plans to cut jobs in an effort to reduce its mounting debt pile, the Telegraph reported. #press

https://www.bloomberg.com/news/articles/2023-08-12/selfridges-to-cut-jobs-to-reduce-debt-pile-telegraph-reports?utm_source=press.coop

The 1975 Ordered to Pay £2 Million in Damages Over Malaysian Festival Behaviour

The 1975 have been ordered to pay over £2 million in damages for allegedly breaching a contract with a Malaysian music festival. #press

https://www.bloomberg.com/en/news/thp/2023-08-12/the-1975-ordered-to-pay-2-million-in-damages-over-malaysian-festival-behaviour?utm_source=press.coop

Wilko’s Fall Leaves a Gaping Hole in British Town Centers

The last thing Britain’s economy needed was a collapsing retailer with 400 stores across the country. That’s what happened this week when Wilko Ltd. plunged toward insolvency, threatening to leave an 11 million square-foot barren hole in UK town centers and shopping districts — equivalent to four... #press

https://www.bloomberg.com/news/articles/2023-08-12/wilko-s-fall-leaves-a-gaping-hole-in-british-town-centers?utm_source=press.coop

Bain Capital to Take Chindata Private to Get Full Ownership

Bain Capital signed an agreement to take Chindata Group Holdings Ltd. private, a deal that allows the buyout firm to take full ownership of the data center business. #press

https://www.bloomberg.com/news/articles/2023-08-12/bain-capital-to-take-chindata-private-to-get-full-ownership?utm_source=press.coop

Hollywood Writers to Evaluate New Labor Proposal From Studios

The union representing striking writers said it’s evaluating a new labor proposal from Hollywood studios following a three-month-long standoff. #press

https://www.bloomberg.com/news/articles/2023-08-12/hollywood-writers-evaluates-new-proposal-from-studios-amid-strikes?utm_source=press.coop

Amy Walter on DeSantis Campaign Losing Momentum

The Cook Political Report with Amy Walter Publisher and Editor in Chief, Amy Walter, discusses the polling and negative trajectory of Florida Governor Ron DeSantis and whether or not his low polling numbers can be fixed as he was once seen as an alternative to 2024 Republican Presidential rival Donald Trump. Amy... #press

https://www.bloomberg.com/news/videos/2023-08-11/amy-walter-on-desantis-campaign-losing-momentum-video?utm_source=press.coop

Kevin O'Brien on Special Counsel Appointed in Hunter Biden Case

Kevin O'Brien, Ford O'Brien Landy LLP Partner and Former Eastern New York Assistant Attorney, discusses US Attorney General Merrick Garland naming David Weiss as Special Counsel Designation in the Hunter Biden criminal investigation and gives his insight on what this new position for Weiss... #press

https://www.bloomberg.com/news/videos/2023-08-11/kevin-o-brien-on-special-counsel-in-hunter-biden-case-video?utm_source=press.coop

Special Counsel Named in Hunter Biden Probe

Bloomberg's Jack Fitzpatrick and Chris Strohm discuss the DOJ heightening their criminal probe into Hunter Biden with US Attorney General Merrick Garland naming David Weiss as Special Counsel Designation. They also talk about the hearing today on the protective order of Former President Donald Trump's 2020 election case.... #press

https://www.bloomberg.com/news/videos/2023-08-11/special-counsel-named-in-hunter-biden-probe-video?utm_source=press.coop

David Solomon Scrutiny Spreads From Goldman to Alma Mater

David Solomon has faced plenty of heat in his role leading Goldman Sachs Group Inc. this year. But an interaction with college students as part of his other chairman role is now attracting further scrutiny. #press

https://www.bloomberg.com/news/articles/2023-08-11/goldman-sachs-ceo-david-solomon-scrutiny-spreads-to-alma-mater-hamilton-college?utm_source=press.coop

Mixed Signals: The Bloomberg Close, Americas Edition

Good afternoon. Here's what you need to know to end your day. #press

https://www.bloomberg.com/news/newsletters/2023-08-11/mixed-signals-the-bloomberg-close-americas-edition?utm_source=press.coop

FEMA's Bink: Disaster Response Is Underway in Hawaii

FEMA Associate Administrator of Response and Recovery Anne Bink talks about the efforts underway to help victims of the wildfires in Hawaii. She is on "Bloomberg Markets." (Source: Bloomberg) #press

https://www.bloomberg.com/news/videos/2023-08-11/fema-s-bink-disaster-response-is-underway-in-hawaii-video?utm_source=press.coop

Wynn Resorts Shuts Down Its Sports Betting App in Eight States

Wynn Resorts Ltd. is shutting down its sports betting app in eight states, becoming the latest company to retrench in an industry being dominated by FanDuel and DraftKings Inc. #press

https://www.bloomberg.com/news/articles/2023-08-11/wynn-resorts-shuts-down-its-sports-betting-app-in-eight-states?utm_source=press.coop

Brazen Heist of ‘Magic: The Gathering’ Cards Rattles Board Game Convention

Thousands of ‘Magic: The Gathering’ cards worth $261,645 are still missing, and the suspects remain on the loose  #press

https://www.bloomberg.com/news/newsletters/2023-08-11/-magic-the-gathering-card-heist-rattles-board-game-convention?utm_source=press.coop

Former Xerox CEO Ursula Burns on Her Private Equity Path and How to Get Into Boardrooms

Hi, it’s Liana Baker in New York. Happy Friday. Today I’m bringing you an interview with corporate legend Ursula Burns to talk private equity, the board room and more.  We also have news on UBS ending a state backstop that was critical... #press

https://www.bloomberg.com/news/newsletters/2023-08-11/former-xerox-ceo-ursula-burns-on-her-private-equity-path-and-how-to-get-into-boardrooms?utm_source=press.coop