Bloomberg Business

Storms Show California’s Outdated Plumbing Puts Economy at Risk

Even as rains drench the fields and orchards in California’s Central Valley where Bill Diedrich grows pistachios, almonds, tomatoes, cotton and other crops, he is still calculating losses from the region’s other defining extreme: severe drought.

‘I Feel Like I Got Duped’: Tesla Price Drop Angers Current Owners

Marianne Simmons, a self-professed “Tesla fan girl,” bought her second electric vehicle from the company in September: a white, high-performance Model Y ringing in at more than $77,000. Then the company slashed prices and she realized she could have bought the same car today at $13,000 less.

NYC Mayor Adams Pleads for Emergency Aid to House Migrants

New York City Mayor Eric Adams sent an emergency mutual aid request to state officials Friday in an effort to house 500 asylum seekers this weekend, marking an escalation in his campaign to get state and federal officials to share the burden of providing services.

China Finds No New Covid Variants But Mutation Threat Lingers

China has yet to detect any dangerous Covid mutations in the six weeks since the virus was unleashed on the country’s 1.4 billion people after the abandonment of the rigid curbs that held the pathogen largely at bay.

Trump’s 2016 Campaign Settles Nondisclosure-Agreement Fight

Former President Donald Trump’s 2016 campaign has reached a settlement in a long-running fight over its nondisclosure agreements that would free potentially hundreds of ex-staffers, contractors and volunteers to say what they want to about their experience.

‘Delusional Narcissist’ – The Fight Over Musk’s Fraud Jury Is On

(Bloomberg) — A northern California resident who described Elon Musk as “the next Trump” and said his immense wealth has made him “a delusional narcissist” didn’t last long in the pool of prospective jurors for the Tesla Inc. CEO’s fraud trial next week.

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