😷 An outbreak of a pneumonia-like illness that started in the city of Wuhan has put health authorities on high alert in China and around the world. Here is map tracking the outbreak: https://bloom.bg/38B4Awj
✈ Boeing’s newest plane, the 777-9, is preparing to spread its gargantuan wings: https://bloom.bg/36pX5H7
🇺🇸 House Democrats prepare to wrap up their impeachment case Friday by focusing on White House “stonewalling": https://bloom.bg/2Gh1uS2
✈ Boeing’s newest plane, the 777-9, is preparing to spread its gargantuan wings: https://bloom.bg/36pX5H7
🇺🇸 House Democrats prepare to wrap up their impeachment case Friday by focusing on White House “stonewalling": https://bloom.bg/2Gh1uS2
🇺🇸 There’s suddenly intense new pressure for Senate Republicans to call witnesses in Donald Trump’s impeachment trial. A bombshell report from John Bolton, the national security adviser who Trump fired in September, says that the president told him in August he wanted to continue freezing aid to Ukraine until the government there investigated political rivals. https://bloom.bg/36vEucO
🇰🇵 Kim Jong Un’s aunt appeared in public for the first time since her husband was executed six years ago. https://bloom.bg/3aMqU84
🇹🇭 And the Thai baht has gone from being Asia’s top-performing currency in 2019 to dead last in January. https://bloom.bg/38IotBL
🇰🇵 Kim Jong Un’s aunt appeared in public for the first time since her husband was executed six years ago. https://bloom.bg/3aMqU84
🇹🇭 And the Thai baht has gone from being Asia’s top-performing currency in 2019 to dead last in January. https://bloom.bg/38IotBL
📉 U.S. stocks tumble on intensifying concern over the impact of the deadly coronavirus: https://bloom.bg/3aQcaFw
💰Warren Buffett is one of the world’s richest fossil-fuel billionaires. The 10 largest fortunes with links to greenhouse gas emissions are valued at $537 billion: https://bloom.bg/2GuAsXz
🎶 Billie Eilish, an 18-year-old singer-songwriter from Los Angeles, swept the top four prizes at Sunday’s Grammy Awards, becoming the first artist to do so in 39 years: https://bloom.bg/2RSeQK3
💰Warren Buffett is one of the world’s richest fossil-fuel billionaires. The 10 largest fortunes with links to greenhouse gas emissions are valued at $537 billion: https://bloom.bg/2GuAsXz
🎶 Billie Eilish, an 18-year-old singer-songwriter from Los Angeles, swept the top four prizes at Sunday’s Grammy Awards, becoming the first artist to do so in 39 years: https://bloom.bg/2RSeQK3
Hello, here’s the latest on the coronavirus:
The number of deaths in China from the virus has topped 100. Global companies are starting to pull workers out of the country, and some are making preparations for Hong Kong staff to work from home. The U.S. has advised citizens to reconsider traveling there. https://bloom.bg/2vttq31
China canceled exams including the GRE and GMAT that students need to study overseas, potentially disrupting enrollment plans at universities across the globe. https://bloom.bg/37tcSWZ
Pandemic panic is natural, but try to resist it, writes John Authers for Bloomberg Opinion. https://bloom.bg/2S11Z8u
The number of deaths in China from the virus has topped 100. Global companies are starting to pull workers out of the country, and some are making preparations for Hong Kong staff to work from home. The U.S. has advised citizens to reconsider traveling there. https://bloom.bg/2vttq31
China canceled exams including the GRE and GMAT that students need to study overseas, potentially disrupting enrollment plans at universities across the globe. https://bloom.bg/37tcSWZ
Pandemic panic is natural, but try to resist it, writes John Authers for Bloomberg Opinion. https://bloom.bg/2S11Z8u
🌏 The outbreak of the deadly coronavirus threatens to derail a fragile stabilization in the world economy. https://bloom.bg/38K3UEV
💶 The EU risks tariffs on €47 billion of exports without a Brexit trade deal. https://bloom.bg/2uADZku
🚀 Can we get to space without huge carbon emissions? https://bloom.bg/2GuW6uU
💶 The EU risks tariffs on €47 billion of exports without a Brexit trade deal. https://bloom.bg/2uADZku
🚀 Can we get to space without huge carbon emissions? https://bloom.bg/2GuW6uU
Bloomberg.com
Virus Poses New Threat to Economy’s Fragile Stabilization
The outbreak of the deadly coronavirus threatens to derail a fragile stabilization in the world economy, which had appeared poised to benefit from the phase one U.S.-China trade deal, and signs of a tech turnaround.
⚠ American travelers should avoid all non-essential trips to China to stop the spread of coronavirus, says the U.S. Centers for Disease Control and Prevention: https://bloom.bg/38HpxWk
🔴 Everyone’s favorite climate solution has a fire problem: https://bloom.bg/2RzbiNW
📉 A quick tally shows the coronavirus has wiped $1.5 trillion off the value of world stock markets since Jan. 20: https://bloom.bg/3aOgN2x
🔴 Everyone’s favorite climate solution has a fire problem: https://bloom.bg/2RzbiNW
📉 A quick tally shows the coronavirus has wiped $1.5 trillion off the value of world stock markets since Jan. 20: https://bloom.bg/3aOgN2x
🌏 At least 132 people have died from the coronavirus in China, while the number of cases has soared to almost 6,000.
That's more than the number of cases of SARS officially reported in the country during the epidemic 17 years ago. https://bloom.bg/2t6kMXr
Meanwhile, the U.S. is considering several options to combat the emergence of the virus, including a ban on flights to and from China. https://bloom.bg/2uJB1u4
➡️ In other news, JPMorgan plans to dismiss several hundred workers from its consumer unit in an effort to rein in costs. https://bloom.bg/2u2fVXJ
That's more than the number of cases of SARS officially reported in the country during the epidemic 17 years ago. https://bloom.bg/2t6kMXr
Meanwhile, the U.S. is considering several options to combat the emergence of the virus, including a ban on flights to and from China. https://bloom.bg/2uJB1u4
➡️ In other news, JPMorgan plans to dismiss several hundred workers from its consumer unit in an effort to rein in costs. https://bloom.bg/2u2fVXJ
✈ Airlines across the globe suspended more flights to China, as governments tightened up on travel to help stop the spread of the deadly coronavirus. https://bloom.bg/3aVrv7M
💰 You wouldn’t know that Alexander Fridman is the son of a Russian billionaire. He rents a two-room flat for $500 a month and uses the subway to get to work. https://bloom.bg/36Ff7oJ
📉 They were once deemed too risky, but U.K. stocks are now 'too cheap to ignore', according to Morgan Stanley. https://bloom.bg/36Dk0yE
💰 You wouldn’t know that Alexander Fridman is the son of a Russian billionaire. He rents a two-room flat for $500 a month and uses the subway to get to work. https://bloom.bg/36Ff7oJ
📉 They were once deemed too risky, but U.K. stocks are now 'too cheap to ignore', according to Morgan Stanley. https://bloom.bg/36Dk0yE
Bloomberg.com
Airlines Cancel More Mainland China Flights to Counter Virus
Airlines across the globe suspended more flights to China as governments clamped down on travel to help stop the spread of the deadly Wuhan virus.
✈ Boeing says the total costs for grounding the 737 Max will surpass $18 billion when accounting for restarting production this year: https://bloom.bg/37DbyB0
📰 Warren Buffett is getting out of the newspaper business: https://bloom.bg/2tbBrZG
📉 U.S. stocks erased gains as disappointing economic data overshadowed solid earnings: https://bloom.bg/36CkAge
📰 Warren Buffett is getting out of the newspaper business: https://bloom.bg/2tbBrZG
📉 U.S. stocks erased gains as disappointing economic data overshadowed solid earnings: https://bloom.bg/36CkAge
📈 💰 Elon Musk just added $2.3 billion to his fortune in 60 minutes. His net worth jumped to about $36 billion after Tesla shares surged 12% in extended trading in New York.
Musk owns about a fifth of the company's outstanding stock, which comprises the bulk of his fortune. Read more: https://bloom.bg/3aW3o8E
Musk owns about a fifth of the company's outstanding stock, which comprises the bulk of his fortune. Read more: https://bloom.bg/3aW3o8E
As the death toll from the coronavirus outbreak keeps growing, here are some answers to key questions from Bloomberg's Jason Gale, who's been covering the crisis:
Q: What should we know about this virus and how fast is it spreading?
It's capable of spreading from human to human and seems more infectious than SARS and diseases like flu. In most cases, it causes fairly mild disease. The older you are, the higher the probability of becoming more seriously unwell, although the fatality rate seems relatively low.
Q: Are face masks effective?
Face masks are only one barrier. A more prudent approach to avoiding infections is simple: wash you hands thoroughly with soap and water!
Q: Is there a cure?
A: There is no cure and there are no proven therapies to combat the infection. But at least one hospital has begun a clinical trial assessing promising drug therapies.
You can find more answers here: https://bloom.bg/37IAZRC
Q: What should we know about this virus and how fast is it spreading?
It's capable of spreading from human to human and seems more infectious than SARS and diseases like flu. In most cases, it causes fairly mild disease. The older you are, the higher the probability of becoming more seriously unwell, although the fatality rate seems relatively low.
Q: Are face masks effective?
Face masks are only one barrier. A more prudent approach to avoiding infections is simple: wash you hands thoroughly with soap and water!
Q: Is there a cure?
A: There is no cure and there are no proven therapies to combat the infection. But at least one hospital has begun a clinical trial assessing promising drug therapies.
You can find more answers here: https://bloom.bg/37IAZRC
📈 The pound rose after the Bank of England kept interest rates on hold in Governor Mark Carney’s final meeting https://bloom.bg/2uKrxyu
❗️ U.S. equity futures slid with stocks as investors mulled mounting evidence that the coronavirus epidemic is disrupting China's economy. https://bloom.bg/38ROjDi
🔥 Tesla shares soared 11% in the U.S. pre-market after the carmaker reported record revenue that beat estimates. https://bloom.bg/2U8qkM7
❗️ U.S. equity futures slid with stocks as investors mulled mounting evidence that the coronavirus epidemic is disrupting China's economy. https://bloom.bg/38ROjDi
🔥 Tesla shares soared 11% in the U.S. pre-market after the carmaker reported record revenue that beat estimates. https://bloom.bg/2U8qkM7
Bloomberg.com
BOE Holds Rates in Carney’s Swansong as Britain Exits EU
The Bank of England kept interest rates on hold in Governor Mark Carney’s final meeting, waiting for more evidence of an economic rebound before supporting it with a cut. The pound jumped.
📈 The U.S. economy maintained a steady pace of growth at the end of 2019. GPD expanded at a 2.1% rate: https://bloom.bg/2RGJc2Y
💰Five experts offer investment ideas to help fight climate change: https://bloom.bg/37GCrnC
⬇ A key slice of the U.S. yield curve inverted on Thursday for the first time since October, reviving memories of growth fears: https://bloom.bg/2U8eOjL
💰Five experts offer investment ideas to help fight climate change: https://bloom.bg/37GCrnC
⬇ A key slice of the U.S. yield curve inverted on Thursday for the first time since October, reviving memories of growth fears: https://bloom.bg/2U8eOjL
These are the stories we're following right now.
⚠️ The U.S. State Department is now warning Americans not to travel to China because of the spreading coronavirus outbreak.
“Those currently in China should consider departing using commercial means,” the U.S. said in the advisory, which was Level 4, the most severe travel warning category. https://bloom.bg/38StlnP
💵 Jeff Bezos just got a whole lot richer.
The world’s wealthiest person added $13.2 billion to his fortune in about 15 minutes after Amazon shares surged in extended trading on Thursday. https://bloom.bg/3aUR88x
⚠️ The U.S. State Department is now warning Americans not to travel to China because of the spreading coronavirus outbreak.
“Those currently in China should consider departing using commercial means,” the U.S. said in the advisory, which was Level 4, the most severe travel warning category. https://bloom.bg/38StlnP
💵 Jeff Bezos just got a whole lot richer.
The world’s wealthiest person added $13.2 billion to his fortune in about 15 minutes after Amazon shares surged in extended trading on Thursday. https://bloom.bg/3aUR88x
✈ Delta is suspending all flights to China because of concerns over the coronavirus outbreak, becoming the first U.S. carrier to do so: https://trib.al/sGeiFup
🏈 Americans preparing to celebrate the Super Bowl on Sunday are pushing Mexican avocado imports to its best week ever: https://trib.al/rUi6h7L
🇬🇧 It's Brexit Day. The U.K. will legally withdraw from the European Union, severing a 47-year relationship and redefining itself as a country standing alone in the world: https://trib.al/7qSE3et
🏈 Americans preparing to celebrate the Super Bowl on Sunday are pushing Mexican avocado imports to its best week ever: https://trib.al/rUi6h7L
🇬🇧 It's Brexit Day. The U.K. will legally withdraw from the European Union, severing a 47-year relationship and redefining itself as a country standing alone in the world: https://trib.al/7qSE3et
BREAKING: A 44-year-old man has died from the coronavirus in the Philippines, according to the World Health Organization.
It's the first reported death from the infection outside of China.
The man arrived in the Philippines on Jan. 21 accompanying the country’s first confirmed case, a 38-year-old woman, after they had traveled from Wuhan via Hong Kong, Health Secretary Francisco Duque said.
Follow the latest updates on the coronavirus here: https://bloom.bg/2OkmwUu
It's the first reported death from the infection outside of China.
The man arrived in the Philippines on Jan. 21 accompanying the country’s first confirmed case, a 38-year-old woman, after they had traveled from Wuhan via Hong Kong, Health Secretary Francisco Duque said.
Follow the latest updates on the coronavirus here: https://bloom.bg/2OkmwUu
Breaking: Chinese stocks just plunged 9% as markets reopened to the worsening virus outbreak. It's the biggest drop since 2015.
Prices for oil, iron ore, copper and palm oil also sank.
Here's the latest: https://bloom.bg/2GOqvVa
Prices for oil, iron ore, copper and palm oil also sank.
Here's the latest: https://bloom.bg/2GOqvVa
✈ More than 25,000 flights to, from and within China will be canceled this week as over two dozen airlines suspend services to the country because of the coronavirus outbreak: https://trib.al/AFRqjm2
🌍 There are dozens of climate models, and for decades they agreed on how fast the planet world warm. That’s not the case anymore and scientists don’t know why: https://trib.al/LpcTV8y
🏢 After WeWork's botched IPO and mass employee layoffs, new CEO Sandeep Mathrani has his work cut out for him. Here's why he thinks he's ready: https://trib.al/XLmLlnr
🌍 There are dozens of climate models, and for decades they agreed on how fast the planet world warm. That’s not the case anymore and scientists don’t know why: https://trib.al/LpcTV8y
🏢 After WeWork's botched IPO and mass employee layoffs, new CEO Sandeep Mathrani has his work cut out for him. Here's why he thinks he's ready: https://trib.al/XLmLlnr
Hello, here's what we're following:
🇺🇸 Voters in the U.S. will finally have their say in the first contest of the Democratic presidential primary. Get live results, news and analysis from the Iowa caucus: https://bloom.bg/31uKrWA
💻 Can an entire nation work from home? The coronavirus has forced the world’s largest experiment in it, with thousands of businesses figuring out how to stay operational. One of the most unsettling factors for employees is the virus’s fast-changing impact, which is prompting daily changes in corporate directives. https://bloom.bg/3b7JWpN
💰 And we took a look inside Amazon’s HQ2 fiasco. Here’s how Jeff Bezos was driven by his jealousy of Elon Musk landing $1.3 billion in Gigafactory incentives. https://bloom.bg/2Up6R9V
🇺🇸 Voters in the U.S. will finally have their say in the first contest of the Democratic presidential primary. Get live results, news and analysis from the Iowa caucus: https://bloom.bg/31uKrWA
💻 Can an entire nation work from home? The coronavirus has forced the world’s largest experiment in it, with thousands of businesses figuring out how to stay operational. One of the most unsettling factors for employees is the virus’s fast-changing impact, which is prompting daily changes in corporate directives. https://bloom.bg/3b7JWpN
💰 And we took a look inside Amazon’s HQ2 fiasco. Here’s how Jeff Bezos was driven by his jealousy of Elon Musk landing $1.3 billion in Gigafactory incentives. https://bloom.bg/2Up6R9V