🪓 For months, Apollo's Leon Black claimed a mysterious financier is engaged in a plot to destroy him. Now he's named his former cofounder Josh Harris in a court filing. https://bloom.bg/3KqSt8K

😷 Omicron breakthroughs are testing the limits of mRNA vaccines, underscoring the need for social distancing and masking, researchers say. https://bloom.bg/3qJTUr8

🪃 And the CEO of Better.com, who fired hundreds of employees over a Zoom call, has returned to the company after "taking a break." https://bloom.bg/3ImbPKm

Hello 👋 These are some of our top stories right now:

🚪 “No amount of money” can lure bankers to Hong Kong, recruiters say, as expats shun the city for its Covid policies. https://bloom.bg/3FI5jvL

📉 The Nasdaq erased a 2% rally on Thursday and kept falling in its worst bearish reversal in 17 months. For investors, the concern is that such swings may get more common at a time when the market’s foundation is shifting due to stiffening resolve against inflation at the Fed. https://bloom.bg/3GQlbxA

🧠 Elon Musk’s brain implant company Neuralink is moving closer to human trials. https://bloom.bg/3qKbcV9

Plus: Be one of the first to sign up for Bloomberg Crypto, the essential read on the crypto universe delivered straight to your inbox twice a week. https://bloom.bg/3GNBsDr

₿ Bitcoin tumbled in an extended selloff for cryptocurrencies, falling to its lowest level in more than five months. https://bloom.bg/3IjWytA

🇺🇸 🇷🇺 The U.S. secretary of state is meeting with Russia’s foreign minister against the backdrop of increasingly urgent warnings that Moscow could be planning an imminent intervention in Ukraine. https://bloom.bg/33Epqhp

🐄 The cattle industry and rainforest destruction are inextricably intertwined. This is how beef eaten around the world is pushing the Amazon to a tipping point. https://bloom.bg/32nr1Yy

Hello 👋 Here’s what we’re following right now:

🇺🇦 The U.S. ordered families of diplomats to leave Ukraine “due to the continued threat of Russian military action.” Joe Biden is considering deploying troops to eastern Europe and the Baltics, the New York Times reports. https://bloom.bg/3qSy050

🍎 Apple is nearing its first launch event of the year — and a new iPhone SE and iPad are on tap. Mark Gurman breaks down what you need to know: https://bloom.bg/33Z4UYL

💪 A new generation of Chinese startups is on the rise, with Xi Jinping's personal blessing. It’s the country’s latest weapon in the U.S. tech war. https://bloom.bg/3FZj4X8

🇺🇦 U.S. Secretary of State Antony Blinken joins a meeting of European Union foreign ministers as Russia and Ukraine accuse each other of escalating military activity. https://bloom.bg/3rKrpsF

₿ The selloff in cryptocurrencies gains momentum, with Bitcoin tumbling to a six-month low. https://bloom.bg/3nS8NpC

🇨🇳 A new generation of Chinese startups is on the rise, with Xi Jinping's personal blessing. https://bloom.bg/3GVWK24

🎢 U.S. stocks had a wild Monday — at one point losing $3 trillion in market value before staging a late rally. Volatility has continued with Asia stocks and U.S. equity futures falling on concerns of Fed tightening and geopolitical tensions. Follow the latest here: https://bloom.bg/3KEvqrk

❄️ Meanwhile, mentions of a “crypto winter” are flooding social media after Bitcoin plunged 50% from its recent high — sending chills to investors. https://bloom.bg/3nUWTuY

🔥 And in Canada’s red-hot property market, homeowners and investors are betting interest rates will never rise. https://bloom.bg/3rHy6vA

👛 Mark Zuckerberg's stablecoin ambitions are unraveling as Diem, the controversial crypto once backed by Meta, considers a sale of its assets after regulatory pressure. https://bloom.bg/35qLehh

🛫 Hong Kong's Covid Zero policy could keep it isolated until 2024 and fuel an exodus of foreign workers, the European Chamber of Commerce says in a draft report. https://bloom.bg/3rQBOTH

💰 Brian Kim rose from extreme poverty to become Korea’s richest person. But his fortune has tumbled $7 billion after a string of scandals hit Kakao. https://bloom.bg/3fVqCQ6

🇺🇦 Russia signaled it will respond to any “aggressive” action by the U.S. over Ukraine. https://bloom.bg/3IDXY2l

🇺🇸 Wall Street analysts have been busy war-gaming just how quickly the Federal Reserve might start shrinking its balance sheet. https://bloom.bg/3tZVcAl

🐻 📉 From the S&P to Bitcoin, everything has taken a hit this year. But, it's the most speculative stuff that's leading the selloff. https://bloom.bg/3nZg9HW

📈 Traders are boosting bets for higher borrowing costs, with money markets now expecting five interest-rate increases from the Federal Reserve this year. https://bloom.bg/3KQpoE8

🇬🇧 The U.K. government’s investigation into pandemic parties in Boris Johnson’s office won't be published until next week, leaving him in limbo. https://bloom.bg/3H8Mwvk

🇺🇸 🇨🇳 While the U.S. Federal Reserve is set to hike rates, China's central bank is pumping stimulus with an eye on growth — not inflation. That's creating a headache for some. https://bloom.bg/3rWRkO0

Hello, here’s what we’re following right now:

📈 Apple posted its highest-ever quarterly earnings, sailing past Wall Street estimates and marking a victory against a supply-chain crunch. https://bloom.bg/32H4INE

🌏 The Philippines is once again the worst place to be during the pandemic. Here's the latest update to our Covid Resiliency Ranking: https://bloom.bg/3G9sXlh

⛷ China’s American-born Olympic star is being very careful. Teenage freestyle skier Eileen Gu is the daredevil face of Xi Jinping’s winter sports initiative and a sponsor’s dream: a gold-medal contender with no desire to talk politics. https://bloom.bg/3KQh1Z9

Hello, here’s what we’re reading right now:

📝 Spotify is adding an advisory to any podcast episode that addresses Covid, directing listeners to a hub with more information. It’s a response to the growing controversy over the company’s support for Joe Rogan, who has hosted outspoken vaccine skeptics on his podcast. https://bloom.bg/3IRnscw

💰 Asia’s 20 richest families control $495 billion — more than Singapore's GDP — and some are pivoting to crypto, tech and e-commerce. See the full list of the region’s wealthiest: https://bloom.bg/3obU2Ov

😶 And an army of faceless suits is taking over the $4 trillion hedge fund world. https://bloom.bg/35vaH9b

🇷🇺 Moscow says reports the U.K. is considering new sanctions on Russian oligarchs’ financial holdings are “very alarming.” https://bloom.bg/3gbIKW6

🇬🇧 Prime Minister Boris Johnson will make a statement on Monday to set out his response to the allegations of rule-breaking by his office during Covid-19 lockdowns. https://bloom.bg/3g8CG0w

🎤 Joe Rogan apologizes in a bid to quell controversy about misleading coronavirus information that wiped almost $4 billion from Spotify’s value last week. https://bloom.bg/3IRGVK6

💸 Almost all new money in hedge funds is now flowing into vast, faceless funds. That means the era of the rock star is over — for now. https://bloom.bg/35vZMvX

🇮🇳 In one of the most watched economic events, India is expected to keep the world's fastest recovery going when it presents its budget — expected to top $500 billion — later Tuesday. https://bloom.bg/3rgCFy3

🇨🇳 George Soros says Xi Jinping may fail to extend his rule of China, citing a real estate crisis, ineffective vaccines and a falling birthrate as factors working against him. https://bloom.bg/32NBL2t

💰 China's aging tycoons are preparing to hand over $1 trillion in wealth to their heirs. https://bloom.bg/3IXbnCR

🇺🇦 🇷🇺 Russia has yet to formally respond to written proposals by the U.S. and NATO, as Western countries continue efforts to deter Moscow from attacking Ukraine. https://bloom.bg/3LbmnOW

👩🏿‍🤝‍👩🏻 More than a quarter of female workers at mining giant Rio Tinto have experienced sexual harassment and almost half of all staff have been victims of bullying, according to a report. https://bloom.bg/3AMB06i

⚡ 💡 Nuclear power might help Europe reach net-zero while keeping the lights on. So why is the continent ditching reactors in the middle of an energy crisis? https://bloom.bg/3gvyfxb

🔎 Alphabet's stock split will lower its price from about $3,000 to $140 — helping bring its shares to the masses and possibly gain entry to the Dow. https://bloom.bg/3ufBJfb

🏦 Wall Street may be excited by the notion of a half-point rate hike in the U.S. this March, but Fed officials have yet to back such an idea. https://bloom.bg/3ohQevj

🤰 Pregnant women with Covid when they give birth rarely transmit the virus to their newborns, several studies show. https://bloom.bg/3gdkItU

💸 🇪🇺 Euro-area inflation unexpectedly accelerated to a record, heaping pressure on the European Central Bank to pare back pandemic stimulus more quickly. https://bloom.bg/3gf8WPC

🇺🇦 A journey across Ukraine shows a Russian invasion would come at a very high price. https://bloom.bg/3gjr3E8

💰 🇺🇸 After years of restraint, bank leaders are once again projecting a "whatever it takes" approach to compensation. For Wall Street, that means bonuses of $10 million, $15 million, $25 million — and more. https://bloom.bg/3gjEJig

🪱 A DeFi project known as Wormhole said hackers stole about $320 million in crypto in one of the biggest exploits on record. https://bloom.bg/3s5RtyE

📱 Apple's strongest quarter of iPhone sales in India shows it's finally making progress in the world's fastest-growing smartphone market. https://bloom.bg/35MVSz5

🎤 Who is leaving Spotify? Here's a running list of artists boycotting over Joe Rogan. https://bloom.bg/3IQjBN0

Hello 👋 Here’s what we’re reading right now:

👔 Institutional investors have upended the reign of retail day traders – at least for now. The change is both a cause and consequence of major market shifts. https://bloom.bg/3rvPaG7

🏛 The only Goldman banker standing trial for the 1MDB scandal is about to get his day in court. He has pleaded not guilty. https://bloom.bg/3gqkfoj

🇨🇳💰 Where is China investing? As the country’s economy slows, some Communist officials are becoming venture capitalists — and reaping big profits. https://bloom.bg/3gqn5JR

💰 Amazon is more than doubling the maximum base salary it pays employees to $350,000 from $160,000. https://bloom.bg/3gwSY3C

👑 Tycoon Gautam Adani overtakes Mukesh Ambani as Asia’s richest person, as his wealth grows by nearly $12 billion this year to hit $88.5 billion. https://bloom.bg/3ox58xJ

🚗 The Monday-to-Friday commute has disappeared forever — except maybe for bankers. https://bloom.bg/3HzrRAx

🚲 A shake-up at Peloton has resulted in a new CEO, 2,800 job cuts and a record rally. But its instructors — some of whom make upwards of $500,000 — are sticking around. https://bloom.bg/3B82TpG

🇭🇰 A top adviser to Hong Kong leader Carrie Lam says he’s “very optimistic” the city will reopen to the world within the next year, adding the government is looking at shortening travel quarantines. https://bloom.bg/3suUR6a

📦 China's continued embrace of Covid Zero is actually helping prevent further shortages and price hikes. https://bloom.bg/3HBYZYI