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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 )

Sogo & Seibu Strike Shuts Tokyo Store Ahead of Seven & I Deal

The flagship Sogo & Seibu Co. store in central Tokyo shut on Thursday as employees went on strike, following through on their pledge to stop work should Seven & i Holdings Co. go ahead with selling the department store chain to Fortress Investment Group. #press

https://www.bloomberg.com/news/articles/2023-08-31/sogo-seibu-strike-shuts-tokyo-store-ahead-of-seven-i-deal?utm_source=press.coop

Tesla Executive in Purchasing Probe Draws US Scrutiny

Bloomberg has learned that US prosecutors are looking into whether Tesla Inc.'s plan to purchase hard-to-get construction materials was an appropriate use of company funds. Su Keenan reports on Bloomberg Television. (Source: Bloomberg) #press

https://www.bloomberg.com/news/videos/2023-08-31/tesla-executive-in-purchasing-probe-draws-us-scrutiny-video?utm_source=press.coop

Paper Trail Reveals Secret Adani Investors, FT Reports

Potentially controversial owners of Adani stock were identified for the first time since short-seller Hindenburg Research alleged the Adani Group engaged in corporate fraud and stock price manipulation, the Financial Times reported. #press

https://www.bloomberg.com/news/articles/2023-08-31/paper-trail-reveals-secret-adani-investors-ft-reports?utm_source=press.coop

Qantas Sued for Allegedly Selling Seats on Cancelled Flights

Qantas Airways Ltd. was sued by Australia’s competition watchdog for allegedly selling tickets for thousands of flights it had already cancelled. #press

https://www.bloomberg.com/news/articles/2023-08-30/qantas-sued-for-allegedly-selling-seats-on-cancelled-flights?utm_source=press.coop

Hurricane Idalia Knocks Out Power Across the Southeast

Hurricane Idalia knocked out power to hundreds of thousands of Florida customers, grounding more than 1,800 flights and unleashing floods along far from where it came ashore as a Category 3 storm earlier Wednesday. Ike Ejiochi of ABC News reports from Tampa, Florida, on "Bloomberg Daybreak:... #press

https://www.bloomberg.com/news/videos/2023-08-30/hurricane-idalia-knocks-out-power-across-the-southeast-video?utm_source=press.coop

Rep. Auchincloss on Two Years Since Afghanistan Withdrawal

Democratic Representative of Massachusetts, Jake Auchincloss, discusses the two year mark since the US troop withdrawal in Kabul, Afghanistan that brought the end of a two decade war. Rep. Auchincloss gives his insights as to why he thinks President Biden made the right decision and why he... #press

https://www.bloomberg.com/news/videos/2023-08-30/rep-auchincloss-on-afghanistan-withdrawal-two-year-mark-video?utm_source=press.coop

Hurricane Idalia Slams Florida, McConnell Freezes Again

Bloomberg's Julie Fine and Daniel Flatley discuss the destruction of Hurricane Idalia in Florida and how Florida Governor Ron DeSantis' handling of the aftermath may be seen as a Presidential test as he is running for the 2024 Republican Presidential Primary. They also give their insights on Senate... #press

https://www.bloomberg.com/news/videos/2023-08-30/hurricane-idalia-slams-florida-mcconnell-freezes-again-video?utm_source=press.coop

Cooling Inflation: Australia Briefing

Greetings, it’s Sunil here in Sydney, here’s what you need to know as Thursday gets underway:Today’s must-reads:• Price pressures are moderating• Date set for Voice vote• Acknowledging climate change #press

https://www.bloomberg.com/news/newsletters/2023-08-30/australia-news-today-cooling-inflation-voice-vote-date-climate-change?utm_source=press.coop

FDA Warns on Contamination Response at Infant Formula Plants

Three infant formula makers took insufficient action after cronobacter, the dangerous pathogen that led to a disruptive recall, was found in their manufacturing facilities and products, US regulators said. #press

https://www.bloomberg.com/news/articles/2023-08-30/fda-warns-on-contamination-response-at-infant-formula-plants?utm_source=press.coop

Senator McConnell Freezes During Press Event

81-year-old Senate Republican Leader Mitch McConnell froze for about 30 seconds during a press event in Kentucky. A reporter had asked him about running for re-election in 2026. In July, McConnell briefly froze during a news conference on Capitol Hill. (Source: Bloomberg) #press

https://www.bloomberg.com/news/videos/2023-08-30/senator-mcconnell-freezes-during-press-event?utm_source=press.coop

Soldiers Seize Power in African Nation of Gabon

Soldiers seized power in OPEC member Gabon, four days after the central African nation held disputed presidential elections. If this military takeover holds, it would be the ninth political coup to take place in sub-Saharan Africa in the past three years. Bloomberg's Jennifer Zabasajja reports. (Source: Bloomberg) #press

https://www.bloomberg.com/news/videos/2023-08-30/soldiers-seize-power-in-african-nation-of-gabon-video?utm_source=press.coop

US Corporate Profits Rise Again With Recession Fear Fading

US corporate profits are on the rise again following four straight quarters of declines, according to government data out Wednesday. #press

https://www.bloomberg.com/news/articles/2023-08-30/us-corporate-profits-are-rising-again-as-recession-fear-fades?utm_source=press.coop