Daybreak: China Liquidity Concerns Add to Market Angst (Podcast)
Source: Bloomberg, 2:46 #press
Daybreak: China Debt Concerns Add to Contagion Fear (Podcast)
Source: Bloomberg, 2:46 #press
Wine On Wheels Working to Aid the Disabled (Podcast)
Source: Bloomberg, 16:37 #press
Barclays Hires Moelis’s Lee Counselman for Tech Investment Banking
Barclays Plc has hired Lee Counselman as a managing director in its technology investment banking group focused on software transactions, according to a statement reviewed by Bloomberg News. #press
Bloomberg UK Politics: Toilet Politics (Podcast)
Source: Bloomberg, 26:35 #press
Codelco Turns to New CEO as Debt Piles Up at Top Copper Producer
Codelco will name its third CEO in a year in the coming weeks as Chile’s state-owned copper company struggles to turn around a slump in output and earnings. With debt at $19 billion and rising, the stakes are getting higher for bondholders. #press
August 14th: 7:30 AM ET
Source: Bloomberg, 2:52 #press
https://www.bloomberg.com/news/audio/2023-08-14/august-14th-7-30-am-et?utm_source=press.coop
Tesla Cuts China Prices Again, Triggering Auto Stock Slump
Tesla Inc. cut prices again in China, sending auto stocks tumbling on concerns the move will rekindle a price war that had shown signs of abating. #press
Rice Spike Is a Warning as Trade Barriers Multiply
Efforts to shield domestic markets are the surest way to make a bad global situation worse. #press
Nikola Plunges After Battery Fires Spur Recall and Sales Halt
Nikola Corp. shares fell in early trading after the manufacturer announced it will recall trucks and temporarily stop sales after several battery fires. #press
Contagion Fear: The Bloomberg Open, Americas Edition
Good morning. One of China’s biggest wealth managers fans debt worries. Argentina’s wildcard candidate has the presidency in sight. And can you be rich without knowing it? #press
Amazon’s US Antitrust Case, Analyzed
Amazon and US regulators will meet this week, the final step before a long-shot bid to break up the tech giant. But first… #press
Midwestern Marijuana Users Could Boost Ailing Industry
Welcome to my weekly newsletter on the cannabis and psychedelics industries. It’s always interesting to see what the most-searched for drug questions are on Google. For the last week, queries on Ohio’s prospects for legal marijuana have been spiking. #press
Singapore Flags ‘Structural Decline’ Without Migrant Workers
Singapore’s declining birth rate and its aging population require a sustained yet well calibrated influx of migrant workers, according to Deputy Prime Minister Lawrence Wong. #press
August 14: 6:00 AM ET
Source: Bloomberg, 5:18 #press
https://www.bloomberg.com/news/audio/2023-08-14/august-14-6-00-am-et?utm_source=press.coop
Texas Oil Executives Net $122 Million in Bankruptcy-to-Exxon Journey
About three years after Texas oil producer Denbury Inc. emerged from bankruptcy, four top executives are set to collect the final installment of a $121.5 million post-reorganization pay deal that rivals some of the industry’s most generous compensation packages. #press
San Francisco Prices Are Sinking, and Property Owners Want a Tax Cut
Appeals of assessments have surged, hurting revenue in a city already struggling with a pandemic recovery. #press
Struggling Marijuana Industry Eyes Ohio for a Much-Needed Boost
More Midwestern weed could help cannabis companies nationally #press
Even Rich Countries Are Seeing Period Poverty in Cost of Living Crisis
Hi, it’s Karen in Australia, just one spot around the world where women are struggling to afford menstrual products each month as the cost of living soars. But before we get to that... #press
Fears Over Chinese Economy; Musk-Zuckerberg Cage Match Update
Source: Bloomberg, 15:47 #press