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Market News

October 6, 2021
Zuckerberg Responds to Claims That Facebook Prioritizes Profit as ‘Just Not True’
Facebook Inc. Chief Executive Officer Mark Zuckerberg addressed a recent series of negative stories about the company for the first time by saying...
October 6, 2021
YouTube Removes R. Kelly’s Channels, But Still Offers His Songs
YouTube banned R. Kelly from its video platform, taking an unusual step to distance itself from the disgraced recording artist recently convicted of...
October 6, 2021
Trillion Dollar Coin, Powell Support, Australia’s Curbs: Eco Day
Welcome to Wednesday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
October 6, 2021
Treasury Arbitrage Traders Can’t Wait for Fed to Start Tapering
U.S. government-bond traders can’t wait for the Federal Reserve to stop buying Treasuries. They’re looking forward to the return of trading...
October 6, 2021
Online Brokerage TradeZero Said in Merger Talks With Dune SPAC
TradeZero Holding Corp., an online brokerage that provides free and subscription-based software for stock trading, is in talks to merge with Dune...
October 5, 2021
Holmes Takes Aim at ‘Incompetent’ Theranos Lab Director, Misses
A lawyer representing Elizabeth Holmes was blocked from taking his best shot at undermining a former Theranos Inc. lab director who’s been a...
October 5, 2021
Korea Inflation Exceeds Estimate, Backing Further Rate Hike
October 5, 2021
Amazon CEO Says Video Games Could Become the Largest Entertainment Business
October 5, 2021
Manchester United Drops After the Glazer Family Offers Shares
Manchester United Plc is falling in U.S. postmarket trading after the Glazer family offered to sell a stake worth nearly $200 million.
October 5, 2021
Facebook Needs ‘Serious’ Talks With Policy Makers, Bickert Says
Facebook Inc. still needs to have a “serious conversation” with lawmakers and regulators about a standard set of rules for policing online...