Romaine Bostick breaks down the day’s top stories and trading action leading into the close.
Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
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JPMorgan Leaves CEO Dimon’s Pay at $34.5 Million for 2022
Musk Oversaw Video That Exaggerated Tesla’s Self-Driving Capabilities
Tight Supplies of Onion Rings Have One Restaurant CEO Nervous
Fed’s Brainard Favors High Rates for Some Time to Cool Inflation
Bond Traders Bet Big That Fed Policy Rate Hikes Stop Short of 5%
Read the Supreme Court’s Investigation Into Who Leaked Abortion Opinion
Rite Aid to Dispense Abortion Pill in ‘Limited Number’ of Stores
T-Mobile Says Hacker Stole Data for 37 Million Customers
Netflix’s Hastings Gives Up CEO Title; Peters Named Co-Chief
TikTok Must Follow Coming EU Rules or Face Ban, Official Says
McConnell Assures Against Financial Crisis With Debt-Limit Vow
Davos Has It All Again — Except the World’s Most Powerful Person
Capital One Cuts More Than 1,100 Tech Jobs
What the US Debt-Ceiling Battle Means for Your Money
Alec Baldwin to Be Charged in Fatal Shooting on ‘Rust’ Set
LIV Golf Finds TV and Streaming Partner in Nexstar’s CW Network
Modi Can Shrug Off Gandhi’s Populist Challenge, For Now
Jacinda Ardern’s Resignation Is the Ultimate Flex
FTX Is Planning a Comeback
CEOs Who Are All Talk and No Action on Inclusion Still Benefit
Tech Workers Talk About Getting Laid Off
Laid-Off Tech Workers Are Just What the Auto Industry Needs
Read the Supreme Court’s Investigation Into Who Leaked Abortion Opinion
Two London Districts Show Health Divide Between Rich and Poor
Colombia’s Halt to New Oil Contracts ‘Absolutely Urgent’
Study Reveals Little-Known Climate Cooler: Atmospheric Dust
In (and Above) Beverly Hills, Police Are Watching
Biden Revives Housing Rule That Trump Derided as ‘Abolishing the Suburbs’
The White House Is Considering Broad Actions to Expand Tenant Protections
The Global Legal Fallout of FTX (Podcast)
One of FTX’s Biggest Victims Could Be the Bahamas’ Finance Reputation
Ryan Salame Invested Big In A Small Town, Now It’s Tangled Up In FTX’s Fallout (Podcast)
Ray Ndlovu and
Godfrey Marawanyika
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Zimbabwe’s President Emmerson Mnangagwa has imposed capital controls in an attempt to control the currency’s rapid depreciation.
The Zimbabwean dollar has lost half of its value this year making it Africa’s worst performing currency. Banks in the country have been ordered to stop lending with immediate effect “to minimize the creation of broad money that is prone to abuse for purposes of manipulating the exchange rate,” Mnangagwa said in a televised speech.
