Tag: Bloomberg
JPMorgan Says Three Quarters of Global Carry Trades Now Unwound
(Bloomberg) -- Three-quarters of the global carry trade has now been removed, with a recent selloff erasing this year’s gains, according to JPMorgan...
Berkshire Cuts Apple Stake by Almost Half in Selling Spree
(Bloomberg) -- Berkshire Hathaway Inc. slashed its stake in Apple Inc. by almost 50% as part of a massive selling spree in the...
Chevron to quit California for Texas after warning on rules
(Bloomberg) — Chevron Corp. (CVX) is relocating headquarters to Houston from California after repeatedly warning that the Golden State’s regulatory regime was making...
China Steel Slump Deepens as Price Collapses Toward 2017 Level
(Bloomberg) -- The price of a key Chinese steel product used in construction is on the cusp of hitting its lowest level in...
Flailing Stock Market to Get a Lifeline From Earnings, Survey Shows
(Bloomberg) -- Despite the recent stock market slump that has some Wall Street pros bracing for a summer correction, respondents to Bloomberg’s Markets...
Zuckerberg reveals his endorsement decision for the 2024 election
Meta CEO Mark Zuckerberg has made his endorsement decision for the 2024 election – declining to endorse anyone at all. Zuckerberg, 40, said...