Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek".
Hin Leong was one of the most powerful and secretive names in Asia’s oil trading industry. But an epic gamble by its founder Lim Oon Kuin left the company badly exposed, eventually leading to its collapse.
China Local Covid-19 Cases Top 2,000 as More Lockdowns Imposed
Petrobras Seeks Bidders for Potash Mining Rights in the Amazon
Infowars Parent Wins Budget Changes Amid Sales ‘Surge’
Codelco Turns to AI to Squeeze Out More Copper From Aging Mines
NTT Weighs Sale of Controlling Stake in Nihilent
Japanese Minister Nishimura Visits Yasukuni Shrine: Kyodo
Fetterman Reboots US Senate Campaign After Stroke-Induced Hiatus
Soros Reloads on Big Tech With Amazon, Google and New Tesla Bet
‘Pharma Bro’ Martin Shkreli’s Crypto Token Plunges After Massive Sale
Review: TikTok Star Bella Poarch Seeks New Musical Fan Base
MLB Suspends San Diego Padres’ Tatis for 80 Games
Short or Long, Inflation Expectations Are Too High
The Stock Market Rally Looks a Bit Squirrely
Driverless Trucks Can Be Safe and Efficient
Mark Zuckerberg’s Sheryl Sandberg Replacement Has Long Been Meta’s Top Fixer
Booming Beef Industry Has Urban Cowboys Lining Up to Buy Cattle in Uruguay
The Work-From-Home Revolution Is Also a Trap for Women
Trader Joe’s Employees at Minneapolis Store Vote for Union
The WHO Is Renaming Monkeypox and Wants Your Help
NYC Mayor Adams Signs Six Bills to Increase Abortion Access
Hot Nights: US in July Sets New Record for Overnight Warmth
The Climate Future Just Changed: Eight Predictions for 2030
The Real-World Architects Who Built the Sci-Fi Dystopias of ‘Westworld’
Years of Covid School Closures Leave Philippines With Deep Scars
Hong Kong’s Ban on CBD Products Leaves Companies Facing Ruin
Tornado Cash Token Tumbles After Developer Arrest
Ethereum Founder Buterin Forecasts Blockchain Merge on Sept. 15
Erik Wasson and
The path was nearly cleared for one of the cornerstones of President Joe Biden’s domestic agenda after Democrats agreed on a revised version of their tax and climate bill.
But it came at a price: To get the support of Senator Kyrsten Sinema -- the pivotal Democratic vote in the 50-50 Senate -- a levy on wealthy hedge fund managers had to be abandoned.