Bloomberg

2021-02-05 15:00:59 The global economy’s recovery risks being derailed by the lag in coronavirus vaccinations for poorer nations. Failure to properly immunize the world could come with a $9.2 trillion price tag. https://bloom.bg/3tvrjFd

Barclays CEO Jes Staley says the U.K.’s departure from the European Union will prove to be a net benefit for the City of London, even as a post-Brexit deal on financial services remains elusive. https://bloom.bg/3cIwZWt

And Will Ferrell will star in GM’s Super Bowl ad, urging Americans to “crush” Norway — when it comes to EVs, that is. Take a look: https://bloom.bg/3cR0HIS Open / Comment

2021-02-05 05:29:35 When will the pandemic end? It’s the question hanging over just about everything since last year. The answer can be measured in vaccinations.

Our new Covid calculator is designed to show you how long it will take (based on each country's current vaccination rate) for enough people to be inoculated to achieve herd immunity. https://bloom.bg/3axw6gZ

At today’s global rate, it will take the world an estimated 7 years to cover 75% of the population with a two-dose vaccine. But some of the world’s biggest vaccine-manufacturing hubs are just getting started, so rates are bound to increase.

Scroll down to “The Path to Immunity” to select your country or state: https://bloom.bg/3cUQ0FB Open / Comment

2021-02-04 14:29:50 The U.S. is on pace to vaccinate 75% of its population against Covid-19 this year, while Canada would need almost a decade to do so. Here's a snapshot of some places around the world that are off to fast and slow starts. https://bloom.bg/3oRDSal

The way the pandemic reshapes where and how we work could be one of the most visible legacies from the health crisis. "Work from home" has become "work from anywhere." https://bloom.bg/36D6he8

It has no revenue and zero analyst coverage. But penny stock Abra Mining has become the most-traded name in the Philippines, surging 103% this year as retail mania goes global. https://bloom.bg/36D6n5u Open / Comment

2021-02-04 05:44:47 How can a city have too little and too much water? While climate change and extreme weather are factors, the main culprit for Chennai’s water problems is poor planning. https://bloom.bg/3oJNOTh

Democracy in Southeast Asia is stumbling, writes Bloomberg Opinion columnist Clara Ferreira Marques. The military takeover in Myanmar is a poor signal for the wider region. https://bloom.bg/2Lhcy7P

And we’ll leave you with one last thing: a $1,200 umbrella. https://bloom.bg/3oNyWTW Open / Comment

2021-02-03 14:36:45 The U.S. economy is showing signs of picking up from an end-of-year slowdown. The tentative improvement could muddy President Biden's efforts to pass a $1.9 trillion stimulus package. https://bloom.bg/3oK31UH

GameStop shares continued their rapid fall back toward Earth on Wednesday. The stock slid 7% in U.S. premarket trading. https://bloom.bg/2MQh7qg

The vast majority of people who contract Covid-19 still have antibodies at least six months after infection. Some 88% of participants in a new study retained antibodies for half a year. https://bloom.bg/3jozjUd Open / Comment

2021-02-03 05:08:33 The meme stocks that Robinhood originally restricted have lost $167 billion in a matter of days, and there’s little sign the pain is easing. https://bloom.bg/3cwY7YF

Our annual innovation index is here. The U.S. dropped out of the top 10 while South Korea returned to first place. https://bloom.bg/36E36Tt

Amazon’s incoming CEO Andy Jassy is arguably the most important person in tech over the past decade — and uncannily similar to Jeff Bezos. https://bloom.bg/3aup4JD Open / Comment

2021-02-03 00:30:15 Amazon said Jeff Bezos will transition to the role of Executive Chair in the third quarter of 2021 and Andy Jassy will become Chief Executive Officer at that time.

“In the Exec Chair role, I intend to focus my energies and attention on new products and early initiatives,” Bezos said in a letter to employees: http://bloom.bg/39LMtaF Open / Comment

2021-02-02 14:35:25 An early but positive milestone in the fight against Covid-19: More Americans have now received at least one dose of a Covid-19 vaccine than have tested positive for the virus. https://bloom.bg/2YyG6ko

GameStop's spectacular rally unwound further Tuesday, after bearish investors appeared to cover their positions and trading volume shriveled. https://bloom.bg/3tlkciT

And Joe Biden has signaled he's intent on a large pandemic relief bill, potentially without Republican support, even after a White House meeting with GOP senators on Monday. https://bloom.bg/3jb03Y3 Open / Comment

2021-02-02 07:51:15 Hello! Here are our top markets reads today.

China is in export overdrive — and hogging shipping containers. That's sparked turmoil in supply chains worldwide, with food piling up in all the wrong places. https://bloom.bg/3pEPcYF

GameStop mania was tempered by a largely invisible Wall Street instrument that emerges when things get wild. https://bloom.bg/2Ld9FFa

And here's how much investors could have lost from Robinhood's trading restrictions. https://bloom.bg/2YD7RIt Open / Comment

2021-02-01 14:31:01 Few people care who made their flu shot or other immunizations. Covid changed that, turning vaccine makers into household names. But for now most people won't get to decide which shot they get.
https://bloom.bg/36xKQLv

Joe Biden must decide whether to break up a $1.9 trillion Covid-19 relief proposal after the GOP offered a $600 billion deal. Biden will meet with Republicans to discuss it on Monday. https://bloom.bg/36v7JPU

Elon Musk says one of his startups has a monkey with wires going into its brain that’s able to play video games. "He’s a happy monkey," said the Tesla CEO. https://bloom.bg/36sQxdO Open / Comment