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Musk ends remote work at Twitter, tells staff 'difficult times ahead'

Elon Musk has brought an immediate end to remote work at Twitter for the remaining 50 per cent of t…

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1 min read

A man charged with kidnapping Michael Bloomberg's housekeeper from his Colorado ranch was looking for the billionaire's daughters, authorities say

The man rammed through the ranch's gates and made the housekeeper drive them to a Wyoming motel, wh…

Sarah Jackson   


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Bloomberg has apologized for accidentally publishing a story headlined 'Russia Invades Ukraine'

The story appeared on Bloomberg Friday afternoon. Bloomberg said it prepares headlines "for many sc…

Zahra Tayeb   


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First Republic Bank, which was downgraded to junk by S&P and Fitch, is looking at a possible sale: Bloomberg

First Republic has not made a decision but it is expected to attract interest from larger lenders i…

Huileng Tan   


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2 mins read

Trump has been testing new nicknames for Ron DeSantis like 'Tiny D' and 'Ron DisHonest:' Bloomberg

Trump has already dubbed DeSantis "Ron DeSanctimonious" and "Ron DeSanctus." The meaning of the lat…

Cheryl Teh   


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Brace for market volatility if the Fed pulls back on stimulus and the liquidity wave breaks, El-Erian says

"If I were an investor, I would recognize I'm riding a huge liquidity wave thanks to the Fed," Moha…

Natasha Dailey   


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Michael Bloomberg reportedly wants to buy either Rupert Murdoch's WSJ or Jeff Bezos' Washington Post

Michael Bloomberg's reported interest in Rupert Murdoch's Dow Jones, the parent company of the WSJ,…

Travis Clark   


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Jeff Bezos and Bill Gates are among the billionaires paying a total of $15 million to fund a search for metals used in electric vehicles

KoBold Metals, backed by billionaires Jeff Bezos and Bill Gates, will hunt for metals needed for el…

Kate Duffy   


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2 mins read

A cheaper Tesla model may not happen in near future. How about a Tesla robotaxi instead?

Elon Musk hinted at a cheaper Tesla model a few months ago, but Tesla might be diverting focus from…

Lloyd Lee   


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Francis Agustin   


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Facebook briefly drops 6% after Bloomberg incorrectly publishes disappointing forward guidance for revenue

The financial news and data firm acknowledged the mistake shortly after. Facebook reports its secon…

Brian Evans   


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2 mins read

Bloomberg canceled Prof Scott Galloway's TV show after he joked about his sex life in a video, topless, in a hard hat

The decision to cancel Prof. Scott Galloway's show with Bloomberg came three weeks after a promo vi…

Mia Jankowicz   


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A nurse made his entire day's wages trading crypto on his lunch break, so he quit his day job and now makes 7 figures

Since quitting, 31-year-old Josh Dorgan now spends more time with his newborn, Bloomberg Businesswe…

Natasha Dailey   


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Omicron subvariant infections on the rise in US, accounts for over 34% of the new COVID-19 infections

The BA.2 sub-lineage of the Omicron variant has made up over one-third of new Covid-19 infections i…

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2 mins read

Cheryl Teh   


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Chinese authorities have detained a Bloomberg News journalist on suspicion of threatening national security

China confirmed the Bloomberg journalist Haze Fan was being held "on suspicion of engaging in crimi…

Kate Duffy   


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Former JPMorgan banker turned DAO developer says credentials don't matter in fast-growing crypto world

"If you're 42 or 22 and you went to Harvard or didn't go to college at all, it doesn't matter," he …

Natasha Dailey   


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New York City home-buying has begun to rebound after a year of exodus during the COVID-19 pandemic

Buyers are taking advantage of low prices as they move back to the city.

Natasha Dailey   


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Some hand sanitizers made during the COVID-19 pandemic found to have high levels of a carcinogen: study

Benzene, known to cause cancer, was found in 17% of hand sanitizers made during the pandemic, accor…

Natasha Dailey   


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Elon Musk's wealth surged by $36 billion, the largest single-day gain Bloomberg's ever recorded

Elon Musk's net worth rose to almost $289 billion on Monday, making him the richest person on Earth…

Tim Levin