Bloomberg

2021-02-09 14:57:26 Brothers Ian and Richard Livingstone built a multibillion-dollar property business. Despite the pandemic, their fortune has kept climbing thanks to a long-term bet on online gambling. https://bloom.bg/3aNItFJ

President Biden is refusing to heed Republican appeals to scale back the $1.9 trillion stimulus. The bill is likely to pass with only simple majority support in the Senate. https://bloom.bg/2Z60idv

And the proportion of Covid-19 deaths in England and Wales climbed to a record in the last week of January. Almost 46% of total deaths were linked to the virus. https://bloom.bg/2MRMAsh Open / Comment

2021-02-09 06:49:14 Hello! Here's what's hot in markets today.

Bitcoin hit a record above $47,000 early on Tuesday after Tesla announced a $1.5 billion bet and its move to accept the cryptocurrency as payment for electric cars. https://bloom.bg/3q4D6Z5

Fresh off the GameStop frenzy, Reddit raised $250 million from private investors to fund its international expansion. This reportedly values the online forum at $6 billion. https://bloom.bg/3a0iRGh

And here's how one woman turned a $40 million bet on Chinese video startup Kuaishou into a $12 billion windfall. https://bloom.bg/3q3Uj53 Open / Comment

2021-02-08 14:40:42 Dogecoin briefly touched a record Monday after billionaire Elon Musk and rapper Snoop Dogg tweeted about it. The token climbed to a peak of about 8.2 U.S. cents and a market capitalization of $10.5 billion. https://bloom.bg/3ryytXD

Renaissance Technologies has been hit with at least $5 billion in redemptions. Unprecedented market swings in 2020 led to the investing giant's worst-ever returns across its public funds. https://bloom.bg/3pZvgjD

And how much do you know about Covid-19 vaccines? Life-saving shots are coming to end the pandemic. Take our quiz to find out how prepared you are. https://bloom.bg/2YV0hsZ Open / Comment

2021-02-08 07:39:48 Hello, here's what we're following right now:

China arrested an Australian TV anchor on a charge of endangering national security, escalating a case that’s roiled ties between the countries. https://bloom.bg/3cKRRwu

Hong Kong stocks are about to lose their biggest source of funds. The trading link allowing mainland investors to buy domestic stocks will shut for the Lunar New Year, effectively slamming the brakes on record levels of inflows. https://bloom.bg/3tASNJQ

And Israel won’t reach Covid-19 herd immunity even if all adults are inoculated, the nation’s top public health official said. https://bloom.bg/3aGqJfr Open / Comment

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