Tuesday night, the Protecting the Right to Organize Act passed the House by 225–205 votes. If it passes the Senate and becomes law, it will peel back over half a century of anti-union policies, including core provisions of the Taft-Hartley Act of 1947. It would override state-level right-to-work protections—the darlings of the Koch brothers machine—and create…
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Pity the newly rich, who are struggling with where to put their millions. According to a recent analysis cited by The New York Times, about 7,000 millionaires will emerge from the latest round of Silicon Valley initial public offerings, which includes companies like Airbnb, Snowflake, and Palantir, and they’re not sure how to spend it…
Tuesday night, the Protecting the Right to Organize Act passed the House by 225–205 votes. If it passes the Senate and becomes law, it will peel back over half a century of anti-union policies, including core provisions of the Taft-Hartley Act of 1947. It would override state-level right-to-work protections—the darlings of the Koch brothers machine—and create…
Source: Bloomberg, 07:45
High-profile departures, Chief Executive Officer David Solomon's public bashing of work from home and his usage of the firm's jet for personal trips are sparking angst at Goldman Sachs Group Inc. Sridhar Natarajan reports on "Bloomberg Daybreak: Australia." (…
China accuses the U.K. of “groundless slanders” after the British government said Beijing’s crackdown on dissent in Hong Kong wasn’t in compliance with a treaty that paved the way for the city’s return to Chinese control. Tom Mackenzie reports on "Bloomberg D…
East Asian Institute Director Bert Hofman says technology continues to be a sensitive area in U.S.-China ties. He was speaking with Haslinda Amin and Rishaad Salamat on "Bloomberg Markets: Asia." (Source: Bloomberg)
Sydney’s run of 55 days without a case of local coronavirus transmission ends as a hotel quarantine worker tested positive. Paul Allen reports on "Bloomberg Daybreak' Australia." (Source: Bloomberg)
Ireland and northern Italy on Sunday joined a growing list of about a dozen regions in Europe moving to suspend AstraZeneca Plc’s Covid-19 vaccine over concerns about possible side effects from two batches. Meanwhile in the U.S., Anthony Fauci, director of th…
The weekly U.S. Covid-19 death toll fell to a four-month low and new infections declined further. Reluctance to get vaccinated, particularly among Republican men, is one of the biggest risks to virus control efforts, President Joe Biden’s chief medical advise…