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U.S. Will Seek To Extradite Huawei CFO Meng, Canadian Diplomat Says

U.S. WILL SEEK TO EXTRADITE HUAWEI CFO MENG, CANADIAN DIPLOMAT SAYS

In response, China warns it will retaliate if Canada tries to send Meng Wanzhou to the U.S., where she faces allegations of bank fraud...

BlackRock accidentally posted spreadsheets full of information on thousands of financial advisors that use its ETFs, calling some 'dabblers' and others 'power users'

BLACKROCK ACCIDENTALLY POSTED SPREADSHEETS FULL OF INFORMATION ON THOUSANDS OF FINANCIAL ADVISORS THAT USE ITS ETFS, CALLING SOME 'DABBLERS' AND OTHERS 'POWER USERS'

According to a Bloomberg News story , multi-trillion-dollar asset manager BlackRock accidentally posted a link to spreadsheets full...

 
 
 
The economic impact of the government shutdown could be nowhere near as bad as expected

THE ECONOMIC IMPACT OF THE GOVERNMENT SHUTDOWN COULD BE NOWHERE NEAR AS BAD AS EXPECTED

A Bloomberg survey of 30 prominent economists suggests that the negative economic impact of the government shutdown is likely around...

Pelosi's Spokesman Charges Trump Leaked Plans To Fly Commercially To Afghanistan

PELOSI'S SPOKESMAN CHARGES TRUMP LEAKED PLANS TO FLY COMMERCIALLY TO AFGHANISTAN

The speakers office says congressional delegation was prepared to fly commercial to Afghanistan after Trump revoked military flight...

 
 
 
Microsoft Pledges $500 Million Investment To Tackle Affordable Housing Crisis

MICROSOFT PLEDGES $500 MILLION INVESTMENT TO TACKLE AFFORDABLE HOUSING CRISIS

Most of the money will help preserve and build new homes for low and middle-income residents. A smaller portion will go toward homeless...

Tim Cook said Apple will reduce hiring in certain divisions because of the iPhone sales slowdown

TIM COOK SAID APPLE WILL REDUCE HIRING IN CERTAIN DIVISIONS BECAUSE OF THE IPHONE SALES SLOWDOWN

Apple will cut back on hiring for certain divisions as the company re-adjusts its plans in the face of slowing iPhone sales, according...

 
 
 
Andreessen Horowitz-backed startup PagerDuty has confidentially filed for an IPO but because of the shutdown no one can review its prospectus

ANDREESSEN HOROWITZ-BACKED STARTUP PAGERDUTY HAS CONFIDENTIALLY FILED FOR AN IPO BUT BECAUSE OF THE SHUTDOWN NO ONE CAN REVIEW ITS PROSPECTUS

PagerDuty, an IT incident response startup, has reportedly filed confidentially for an IPO. PagerDuty was last valued at $1.3 billion...

NBC plans to launch its own free streaming TV service in 2020

NBC PLANS TO LAUNCH ITS OWN FREE STREAMING TV SERVICE IN 2020

We're one step closer to complete market saturation as Bloomberg reports that NBCUniversal (which owns MSNBC, CNBC, Syfy, USA Network,...

 
 
 
PG&E Plans To File For Bankruptcy Over Possible Liability In California Wildfires

PG&E PLANS TO FILE FOR BANKRUPTCY OVER POSSIBLE LIABILITY IN CALIFORNIA WILDFIRES

The utility says it could be facing tens of billions in liability costs connected to the 2017 and 2018 Northern California wildfires....

Bloomberg says he would use his own money to fund 2020 run

BLOOMBERG SAYS HE WOULD USE HIS OWN MONEY TO FUND 2020 RUN

Former Mayor Michael Bloomberg is pushing back against liberal critics who say he shouldn't be allowed to use his multibillion-dollar...

 
 
 
Billions are at stake in the Bezos divorce. Here's what it means for Amazon shareholders

BILLIONS ARE AT STAKE IN THE BEZOS DIVORCE. HERE'S WHAT IT MEANS FOR AMAZON SHAREHOLDERS

Amazon CEO Jeff Bezos and his wife, MacKenzie, said earlier this week they plan to divorce. Bezos is the world's richest man, with...

Billionaires Jeff and MacKenzie Bezos may be divorcing, but research suggests the richer people are, the more likely they are to get - and stay - married

BILLIONAIRES JEFF AND MACKENZIE BEZOS MAY BE DIVORCING, BUT RESEARCH SUGGESTS THE RICHER PEOPLE ARE, THE MORE LIKELY THEY ARE TO GET - AND STAY - MARRIED

Billionaires Jeff Bezos and MacKenzie Bezos are filing for divorce . In general, wealthy people are more likely to get and stay married,...

 
 
 
No, Samsung isn't pre-installing Facebook on your phone

NO, SAMSUNG ISN'T PRE-INSTALLING FACEBOOK ON YOUR PHONE

Early this morning, Bloomberg reported that Samsung doesn't let users uninstall the Facebook app from some of its phones. The story...

Econ, too

ECON, TOO

At the year's biggest economics conference, gender issues were the main event. (Image credit: Elijah Nouvelage/Bloomberg via Getty...

 
 
 
December jobs report crushes expectations

DECEMBER JOBS REPORT CRUSHES EXPECTATIONS

The Labor Department is set to release its official December employment report Friday. It's expected to show an increase in hiring...

GE shares jump after report says Apollo is considering a bid for its huge jet-leasing business

GE SHARES JUMP AFTER REPORT SAYS APOLLO IS CONSIDERING A BID FOR ITS HUGE JET-LEASING BUSINESS

Shares of General Electric rose nearly 4% in after-hours trading on Friday following a report Apollo was considering making a bid for...

 
 
 
Big Chinese tobacco looks to go public in Hong Kong

BIG CHINESE TOBACCO LOOKS TO GO PUBLIC IN HONG KONG

The international arm of China's gigantic state tobacco monopoly, China National Tobacco Corp ., is planning on going public. China...

This analyst called Apple's bombshell holiday quarter miss way back in November

THIS ANALYST CALLED APPLE'S BOMBSHELL HOLIDAY QUARTER MISS WAY BACK IN NOVEMBER

Apple slashed its revenue estimate for its all-important holiday quarter on Wednesday, blaming weak iPhone demand in China. The stock...

 
 
 
Tim Cook Says iPhone Activations Set New Christmas Day Records in United States and Canada

TIM COOK SAYS IPHONE ACTIVATIONS SET NEW CHRISTMAS DAY RECORDS IN UNITED STATES AND CANADA

In a memo to employees obtained by Bloomberg 's Mark Gurman, Apple CEO Tim Cook provided additional commentary about the company's...

Tim Cook holding all-hands meeting w/ Apple employees on Thursday to discuss Q1 2019

TIM COOK HOLDING ALL-HANDS MEETING W/ APPLE EMPLOYEES ON THURSDAY TO DISCUSS Q1 2019

Following Apple's revision to its Q1 2019 earnings expectations , Tim Cook will hold an all-hands meeting with employees tomorrow....