Attack on Iran Raises Tension as Blinken Visits Israel PM
Iran said one of its ammunition depots was attacked in a drone strike that’s stirred Middle East tensions as US Secretary of State Antony Blinken visits Israel.
Bloomberg Business
Rolex Reseller Chrono24 Cuts Jobs as Pre-Owned Watch Prices Fall
Chrono24 GmbH, the biggest dedicated online marketplace for luxury watches, cut about 13% of its workforce after prices for the most sought-after Rolex, Patek Philippe and Audemars Piguet timepieces plunged.
Wall Street Giants Spy Opportunities Rising From FTX Ashes
Bank of New York Mellon Corp. traces its history back to 1784 and Alexander Hamilton. But even this venerable institution is finding the lure of the crypto world too strong to resist.
Germany Wants to Take Action to Curb Russian LNG Imports
Germany’s government wants to curb imports of Russian liquefied natural gas, adding to efforts to reduce its reliance on the country’s energy supplies, according to a government document seen by Bloomberg.
UK Firefighters to Strike Over Pay, First Time in 20 Years
UK firefighters voted to strike over pay and conditions, adding to a snowballing wave of industrial unrest that’s swept through the British workforce.
Big Tech Is Still 20% Bloated Even After Layoffs, BofA Says
Some of the largest US technology companies are still bloated even after the recent wave of layoffs aimed at cutting costs.
Netanyahu Invokes Goldman Sachs and JPMorgan in Economic Defense
Israeli Prime Minister Benjamin Netanyahu has invoked Wall Street investment banks Goldman Sachs Group Inc. and JPMorgan Chase & Co. to rebuff warnings of a market backlash against his government’s plans to reshape the judiciary.
BlockFi Approved to Set up Auction for Crypto Mining Business
BlockFi Inc. won bankruptcy court approval to set up an auction for the crypto lender’s digital coin mining business.
Hospitals Brace for More Patients Who Can’t Pay, Moody’s Says
Moody’s warns of more bad debt and self-pay patients after rule’s expiration
EU Weighs Proposal to Charge Data-Heavy Streamers for Telecom Upgrades
The European Union is weighing a proposal to make technology companies that use the most bandwidth, like Netflix Inc. and Alphabet Inc., to help pay for the next generation of internet infrastructure, according to a draft document seen by Bloomberg.
