Avatar
Bloomberg :press:
f2540c9c980b69a0eb1fc3dbafeac03247a2e8dd0531e6d5d48e1f533771f899
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 )

Podcast-Editor Descript Buys SquadCast, Adding Recording Tool to Its Offering

Subscribers will be able to record, edit and publish podcasts from Descript #press

https://www.bloomberg.com/news/articles/2023-08-15/podcast-editor-descript-buys-recording-service-squadcast-in-latest-industry-deal?utm_source=press.coop

Sam Bankman-Fried in ‘Disgusting’ Jail That Housed Ghislaine Maxwell

For the last eight months, Sam Bankman-Fried has been cooped up in his childhood home in Palo Alto, a 3,000-square-foot house, with a backyard and the company of his parents. #press

https://www.bloomberg.com/news/articles/2023-08-15/bankman-fried-in-disgusting-jail-that-housed-ghislaine-maxwell?utm_source=press.coop

Hong Kong Residents Are Leaving at the Highest Rate Since Covid

Hong Kong saw its biggest net outflow of residents since the beginning of the Covid pandemic, the latest sign that the city is far from regaining its mantle as a business hub and tourist destination. #press

https://www.bloomberg.com/news/articles/2023-08-15/hong-kong-resident-departures-climb-to-highest-since-covid?utm_source=press.coop

Is Wegovy a Heart Drug? What to Know About Novo’s Latest Study

Hey! It’s Madison in New York. Novo Nordisk’s weight loss drug Wegovy cut heart attacks by 20% in a study — does that make it a heart drug? Before we get into it... #press

https://www.bloomberg.com/news/newsletters/2023-08-15/is-wegovy-a-heart-drug-a-study-of-the-weight-drug-raises-questions?utm_source=press.coop

Germany Scraps Breakdown-Prone Government Jets After Latest Snag

Germany will speed retirement of its two Airbus A340 government aircraft after one of the long-range jets broke down twice en route to Australia, forcing Foreign Minister Annalena Baerbock to cancel her week-long trip to the Pacific region. #press

https://www.bloomberg.com/news/articles/2023-08-15/german-minister-cancels-australia-trip-after-second-plane-glitch?utm_source=press.coop

Target’s Struggles Are Only Getting Worse

Target Corp.’s results have been deteriorating since last year, and the retailer is likely to add to investors’ concerns on Wednesday when it’s expected to report its first sales decline in four years. #press

https://www.bloomberg.com/news/articles/2023-08-15/target-tgt-sales-expected-to-fall-first-time-in-four-years?utm_source=press.coop

Penfolds Maker Says Cheaper Wine Could See Quick China Return

Treasury Wine Estates Ltd. says cheaper bottles of its flagship Penfolds brand could quickly return to the Chinese market should Beijing decide to remove tariffs that have crippled Australian imports. #press

https://www.bloomberg.com/news/articles/2023-08-15/penfolds-maker-says-cheaper-wine-could-see-quick-china-return?utm_source=press.coop

SNB Drops Data Point With UBS Last Big Swiss Bank Left Standing

The Swiss National Bank will no longer publish statistics about financial institutions by bank category, as there is only one big bank left in the country. #press

https://www.bloomberg.com/news/articles/2023-08-15/snb-cuts-statistical-data-output-as-only-one-big-swiss-bank-left?utm_source=press.coop

Pandora Extends Push to Commercialize Lab-Grown Diamonds

Danish jewelry chain Pandora A/S is expanding sales of lab-grown diamonds, adding the synthetic stones to three product collections and introducing them in three new markets. #press

https://www.bloomberg.com/news/articles/2023-08-15/pandora-extends-push-to-commercialize-lab-grown-diamonds?utm_source=press.coop

Georgia Prosecutor on Trump Indictment Over 2020 Election Probe

Georgia Fulton County District Attorney Fani Williams talks about the indictment of former President Donald Trump and some of his top administration officials and associates over efforts to overturn the results of his 2020 election defeat in the state. (Excerpts)(Source: APTN) #press

https://www.bloomberg.com/news/videos/2023-08-15/ga-prosecutor-on-trump-indictment-over-election-probe-video?utm_source=press.coop

Marks & Spencer Forecasts Profit Will Increase This Year

Marks & Spencer Group Plc raised its outlook, predicting profit growth in 2023 as the UK retailer gains market share in groceries, clothing and homeware. #press

https://www.bloomberg.com/news/articles/2023-08-15/marks-spencer-forecasts-profit-will-increase-this-year?utm_source=press.coop

Tokio Marine Southeast Asia Asset Sale Draws Japan Rivals, Sources Say

Japanese insurers Dai-ichi Life Holdings Inc. and Nippon Life Insurance Co. are among the firms considering bids for Tokio Marine Holdings Inc.’s life insurance business in Southeast Asia, according to people familiar with the matter. #press

https://www.bloomberg.com/news/articles/2023-08-15/tokio-marine-southeast-asia-asset-sale-said-to-draw-japan-rivals?utm_source=press.coop