Category: Business
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This week, Former Treasury Secretary Lawrence H. Summers says the Fed’s policy leans on the looser side, given financial conditions, skewing the balance of risks towards inflation. MIT’s Rafael Reif takes us through Massachusetts as an example of an innovation ecosystem that is developing ways to fund research as the federal government steps back. Plus,…
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Representative Tom Emmer, the third-ranking House Republican, said the House is moving on working on a full-year funding bill for the government now that chamber passed a stop-gap measure on a largely party-line vote (Source: Bloomberg) Source: Bloomberg Markets.
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Cesar Lima never gave much thought to the politics of offshore wind. Most days, the ironworker focused on his shift 15 miles out at sea, climbing turbines and watching dolphins gliding past his vessel off the coast of Rhode Island. Source: Bloomberg Markets.
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On a chilly day this February, Dutch Crown Princess Amalia smashed a champagne bottle against the hull of the combat support ship Den Helder as dignitaries — including executives from the shipbuilder, Damen Shipyards NV — cheered the christening. Source: Bloomberg Markets.
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While presidents have long had an adversarial relationship with journalists, no US head of state has taken the war on media to the extremes that President Trump has in recent months. (Source: Bloomberg) Source: Bloomberg Markets.
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A small investor is pushing back against bigger asset managers bringing the sharp-elbowed tactics of the corporate bond world to the normally placid confines of municipal finance. Source: Bloomberg Markets.
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After years of prevarication, lawmakers might be about to make it easier for investors to bet on nuclear power. Source: Bloomberg Markets.
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Roche Holding AG said it will acquire biopharmaceutical company 89bio, Inc. in a deal valued at $3.5 billion, bolstering the Swiss pharmaceutical giant’s pipeline of cardiovascular, renal, and metabolic disease treatments. Source: Bloomberg Markets.
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Netskope Inc., the cybersecurity firm backed by Lightspeed Venture Partners, priced its US initial public offering at $19 per share, the top of the marketed range, according to a person familiar with the matter, who asked not to be identified as the information isn’t public. Source: Bloomberg Markets.
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StubHub CEO Eric Baker discusses the company’s growth plans and how AI can help drive the ticket reseller’s revenue. Shares of the company began trading Wednesday on the NYSE. Shares fell below the initial public offering price of $23.50 at one point. Baker joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg) Source:…