Romaine Bostick breaks down the day’s top stories and trading action leading into the close.
Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more.
Citigroup Boosts Pay for Most Junior Bankers Despite Tough Year
Elliott Hires Cornwall Capital’s Tai to Boost Japanese Activism
Fed’s Beige Book Says US Price Growth Seen Moderating in 2023
Kenyan Central Bank Chief Sees Economy Expanding 6.2% This Year
Fed Chair Powell Tests Positive for Covid-19, Has Mild Symptoms
Chipmaker Black Sesame Considers $200 Million Hong Kong IPO
Preparing for the Worst as Amazon, Microsoft Cut Jobs
Microsoft Cuts Include Gaming Divisions Behind Halo, Starfield
Microsoft, Amazon Set to Erase 28,000 Jobs as Tech Slump Deepens
Microsoft Job Cuts Hit HoloLens Unit After Setback on Army Goggles
Trump Campaign Asks Meta to Reinstate His Facebook Account
Gun Retailers Rejected by Supreme Court on New York Regulations
Preparing for the Worst as Amazon, Microsoft Cut Jobs
Credit Suisse to Pay Upfront Cash Bonuses to Senior Staff
‘Avatar 2’ Is Now the Top-Grossing Pandemic-Era Film, Surpassing ‘Spider Man’
NBA Signs Multiyear Deal With Consumer Data Firm, Takes Equity Stake
Even the Masters of the Universe Are Stumped
Retail Sales Drop Could Be More Than a Blip
Outrage Over an Image of Muhammad Is Itself Islamophobia
Puddle Jumpers Point the Way to Greener Aviation
What Tech Job Cuts Say About Silicon Valley—and the Rest of the Economy
With VC Funding Drying Up, Biotechs Are on a Quest for Cash
Columbia Hires Economist Nemat Shafik as First Female Leader
Southwest Pilots Plan Vote to Authorize Strike After Holiday Travel Chaos
There’s Never Been a Better Time to Try Plant-Based Eggs
Tesla Is on Both Offense and Defense in Its First-Ever Price War
The White House Is Considering Broad Actions to Expand Tenant Protections
The School Board Queen Endorsed by Florida Governor Ron DeSantis
The School Board Queen: How a Florida Mom Is Shaking Up US Education
Ryan Salame Invested Big In A Small Town, Now It’s Tangled Up In FTX’s Fallout (Podcast)
Fight to Regulate Crypto at Crossroads as Ripple Ruling Looms
Who Owns Your Coins? (Podcast)
David Herbling and
Manus Cranny
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Kenya’s economic growth is expected to increase this year, central bank Governor Patrick Njoroge said, while noting the need for the government to ensure debt sustainability.
East Africa’s largest economy may grow by as much as 6.2%, compared with an estimated 5.6% in 2022, Njoroge said in an interview at the World Economic Forum in Davos on Wednesday.
