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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 )

Hundreds of Job Losses Confirmed at Wilko as Bidder Misses Deadline

Hundreds of jobs will be lost at Wilko after a bid for the entirety of the collapsed retailer fell through. #press

https://www.bloomberg.com/en/news/thp/2023-08-31/hundreds-of-job-losses-confirmed-at-wilko-as-bidder-misses-deadline?utm_source=press.coop

Wilko Job Losses to Begin Next Week as Only Bid to Buy Collapsed Retailer Falls Through

The GMB union has said that the only bid to buy the entirety of collapsed retailer Wilko has fallen through and that staff redundancies are due to start next week. #press

https://www.bloomberg.com/en/news/thp/2023-08-31/city-wilko?utm_source=press.coop

UBS Signals Two Thirds of Credit Suisse Investment Bank to Shut

UBS Group AG has signalled it will shutter roughly two-thirds of Credit Suisse’s investment bank — including many trading operations — as it looks to exit businesses that don’t fit its existing strategy. #press

https://www.bloomberg.com/news/articles/2023-08-31/ubs-signals-two-thirds-of-credit-suisse-investment-bank-to-shut?utm_source=press.coop

China’s Commodities Conundrum Isn’t All Doom and Gloom

Rising exports and an expanding green economy are helping offset the black clouds hovering above property developers.  #press

https://www.bloomberg.com/news/newsletters/2023-08-31/china-s-commodities-conundrum-isn-t-all-doom-and-gloom?utm_source=press.coop

Swiss Win: The Bloomberg Open, Americas Edition

Good morning. UBS shares soar on a record quarterly profit. America’s corn-exporting crown slips. And the Barbie soundtrack is Ken-ough to rival even the film itself. #press

https://www.bloomberg.com/news/newsletters/2023-08-31/swiss-win-the-bloomberg-open-americas-edition?utm_source=press.coop

Instagram’s Purge of Taylors (not Swift) Shows a Customer Service Divide

Hi everyone, it's Aisha in San Francisco. Instagram’s customer service is great for Taylor Swift. For other Taylors? Not so much. But first… #press

https://www.bloomberg.com/news/newsletters/2023-08-31/instagram-s-customer-service-is-better-for-taylor-swift?utm_source=press.coop

Trump Media’s SPAC Deal Faces a Make-or-Break Investor Vote

The deal to take Donald Trump’s social-media company public faces a make-or-break moment as the blank-check firm that’s acquiring it rushes to get investor buy-in. #press

https://www.bloomberg.com/news/articles/2023-08-31/trump-media-s-spac-deal-faces-a-make-or-break-investor-vote?utm_source=press.coop

The Tropical Island With the Hot Domain Name

Anguilla is expected to make millions this year from a surge in demand for web addresses ending with .ai, thanks to the frenzy around artificial intelligence. #press

https://www.bloomberg.com/news/articles/2023-08-31/ai-startups-create-digital-demand-for-anguilla-s-website-domain-name?utm_source=press.coop

The ‘Barbie’ Soundtrack Could Be as Popular as the Film Itself

For the full experience visit: The ‘Barbie’ Soundtrack Could Be as Popular as the Film Itself #press

https://www.bloomberg.com/graphics/pop-star-ranking/2023-august/the-barbie-soundtrack-could-be-as-popular-as-the-film-itself.html?utm_source=press.coop

Covid Isn't Seasonal. What Does That Mean?

Hi folks, it’s Cailley in New York. Remember how we all thought that Covid would turn out to be “like the flu?” Well, it turns out, it hasn’t exactly played out that way. But first ... #press

https://www.bloomberg.com/news/newsletters/2023-08-31/covid-isn-t-seasonal-what-does-that-mean-for-vaccines?utm_source=press.coop

US Temporary-Help Drop Flashes Recession. Hiring Execs Disagree

US temporary-help employment, historically a harbinger of turns in the labor market and the economy, has fallen for six straight months and is signaling a recession ahead. Some industry veterans aren’t buying it. #press

https://www.bloomberg.com/news/articles/2023-08-31/us-temporary-help-drop-flashes-recession-hiring-execs-disagree?utm_source=press.coop

Covid Isn’t Seasonal. So Why Are Covid Booster Shots?

Evidence is mounting that once again the virus has surprised us. #press

https://www.bloomberg.com/news/articles/2023-08-31/covid-isn-t-seasonal-like-the-flu-why-are-new-fall-booster-shots?utm_source=press.coop