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Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden’s administration.
Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more.
Instant Pot and Pyrex Maker Instant Brands Files for Bankruptcy
Hedge Funds Get Sucked Into Stock Rally Ahead of Inflation Data and Fed Rate Decision
US Budget Gap Widens to $1.2 Trillion in Fiscal Year Through May
Governments Shunting ‘Dirty Work’ on Inflation to Bank of Canada, CIBC Says
Near-Term Inflation Expectations Hit Two-Year Low in Fed Survey
Ontario Teachers’ Hunts for New Real Estate Chief, Splits Group
Hedge Funds Get Sucked Into Stock Rally Ahead of Inflation Data and Fed Rate Decision
Oracle Tops Sales Estimates as AI-Frenzy Spurs Cloud Demand
FTC Will Seek to Keep Microsoft From Closing Activision Deal
Apple Shares Close at Record in Latest Sign of Big Tech’s Dominance
Tinubu’s 15 Days in Office Leave Investors Excited About Nigeria
US Targets China Entities for Pilot Training, Hypersonic Tech
UBS Considers Moving Some Bankers to Credit Suisse’s NYC Tower
Ontario Teachers’ Hunts for New Real Estate Chief, Splits Group
Posh Miami Enclave to Become US Soccer Hub With FIFA, Messi Set to Move In
Washington Post CEO Steps Down in Latest Executive Departure
Add Dissidents to Blinken’s To-Do List in Beijing
What the Dollar Stores’ Stumbles Say About the Economy
JPMorgan’s Epstein Troubles Don’t End With $290 Million Settlement
Google CEO Vows Not to Rush AI and Says Efficiency Drive Continues
China’s Plane Shortage Is Good News for Boeing
Illumina’s Sudden CEO Exit Is Just One of Many Problems Facing DNA Company
UK Parliament Looks to Crack Down on Surge in Misconduct, Abuse
Duke to Sell Renewables Unit to Brookfield for $2.8 Billion
California Wildfires Are Five Times Bigger Than They Used to Be
California’s $3.1 Billion Transit Bailout Forces Trade-Offs
The Quest for the Smoke-Proof Building
Reforms to Home Appraisal Bias Target Algorithms and Tech
Coinbase Pushes for Legislative Remedy as It Fights SEC Suit
Binance US Hires Former SEC Enforcement Co-Director as It Fights Charges
Novogratz Firm Galaxy Wins Dismissal of BitGo Suit Over M&A Termination Fee

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The tally of Credit Suisse Group AG investment bankers in the US leaving for rivals ahead of the company’s takeover climbed to at least eight this week, with one going to Deutsche Bank AG and another to Barclays Plc, according to people familiar with the matter. 
Credit Suisse’s deal to be bought by UBS Group AG is expected to close imminently. The completion, now set for as soon as June 12, was delayed by negotiations between UBS and the Swiss government over the terms of a state guarantee for losses it might incur, Bloomberg News has reported

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