Chinese Envoy Warns South Korea Over Its Backing of US Policies
China’s ambassador to South Korea warned that Seoul’s embrace of pro-US policies could bring it harm and the country has much to gain economically through friendly ties with Beijing.
Bloomberg Tech
Visa Nearing Deal for Brazil Payments Provider Pismo, Sources Say
Visa Inc. is in advanced talks to acquire Pismo, a Brazilian financial technology firm that provides cloud-based payment and banking platforms, according to people familiar with the matter.
Biden, UK’s Sunak Agree to Launch Talks on Critical Minerals Pact
US President Joe Biden and UK Prime Minister Rishi Sunak agreed to open negotiations on a trade pact that could help British automakers qualify for electric car subsidies and speed the joint development of advanced weapons like hypersonic missiles after meeting Thursday at the White House.
Blackstone Says PE Investors Lack Extra Cash: Bloomberg Invest
The Bloomberg Invest conference resumed Thursday with some of the most influential leaders in finance gathering in New York for conversations on a wide range of topics, including artificial intelligence, cryptocurrencies and venture capital.
Taylor Swift, Drake May See Streaming Pay Rise Under New Plan
Universal Music Group NV, the world’s largest record company, is talking with the music service SoundCloud Ltd. about overhauling the way artists are paid, a deal that could help major performers collect more revenue from streaming services.
How Climate Change Makes Wildfires Much Worse
The fires sending smoke across North America are part of a global trend toward more frequent and destructive blazes, says Thomas Smith of the London School of Economics.
Heat and Dryness From Climate Change Is Making Wildfires Much Worse
The fires sending smoke across North America are part of a global trend toward more frequent and more destructive blazes, says Thomas Smith of the London School of Economics.
Quebec Rain Not Expected for Days; DC on Alert: Smoky Air Latest
A blanket of heavily polluted air covering much of the eastern US is likely to last until Tuesday, as the impact of Canadian wildfires ripples south. Washington, DC, is under a “very unhealthy” air-quality alert.
Mark Zuckerberg Shares AI Products to Reassure Workers of Strategy
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg sought to reassure employees about the company’s strategy, especially its emphasis on artificial intelligence, just two weeks after it finished the latest round of job cuts.
S&P 500 Enters Bull Market as Tech Rally Resumes: Markets Wrap
A rally in technology stocks resumed Thursday, pushing the S&P 500’s gains since an October low past 20%, the marker of a bull market.