Bloomberg Business

What’s buzzing on social media this morning:

A lucrative corner of crypto that’s fast becoming the lifeblood of the way many networks operate got a shock to the system this week.

Exxon Mobil Corp.’s ambitious plan to storm the world of energy trading is getting a skeptical reaction from seasoned market observers who say the oil giant could be a formidable foe — but only if it takes risks it hasn’t been willing to stomach before.

Toronto Mayor John Tory abruptly resigned on Friday after saying he had a relationship with a staff member, only months after cruising to reelection on a pledge to fix a housing crisis in North America’s fourth-largest city.

Something for the weekend 

Now that Corporate America’s earnings season is nearing an end, the takeaway is clear: A two-year run of swelling profits is over.

Climate change will push syrup producers to tap trees farther north and put the US industry at risk.

Inflation is slowing the world over, but some of the biggest money managers say it’s no time to ditch protection against rising consumer prices.

Two-times former president, Cristina Kirchner, is the architect of the Peronist coalition. She may be about to take it down with her.  

Oman’s OQ SAOC plans to raise as much as $244 million from the initial public offering of its oil-drilling unit and has brought in Saudi Arabia’s wealth fund as an anchor investor.