Bloomberg Businessweek

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Snow and dangerously bitter cold have begun to spread from the Rocky Mountains to the Great Lakes as a massive storm pushes toward the US Northeast, disrupting travel and threatening power outages for much of the nation.
The storm is expected to span nearly 1,500 miles (2,400 kilometers), bringing heavy snow, crippling ice and subzero wind chill to some of ...

ARK Invest’s "Big Ideas 2026" marks the 10th annual edition of the firm's flagship research report. ARK says the report is designed to identify and contextualize the technologies reshaping the global economy. The company aims to find key signals and focus on long-term innovation platforms, as exponential technologies are converging, markets are transforming, and new opportunities are emerging.
Cathie Wood, the founder, CE...

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Intel Corp. gave a lackluster forecast for the current quarter because supply shortages are making it harder to meet customer demand, a disappointment for investors who anticipated more of a boost from new products.
First-quarter revenue will be $11.7 billion to $12.7 billion, the company said in a statement Thursday. The midpoint of that range fell short of t...

Charles Schwab Corp. reported a surge in average daily trading volume in the fourth quarter as retail investors sought to take advantage of the end of a strong year for the stock market. Total net new assets for the quarter totaled $158.2 billion, more than the $144 billion projected, and daily average trading volume jumped to 8.27 million, up 31% from a year earlier. Still, net revenue of $6.34 billion missed Wall Street analyst e...

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President Donald Trump said he would refrain from imposing tariffs on goods from European nations opposing his effort to take possession of Greenland, citing a “framework of a future deal” he said was reached regarding the island.
The decision, which Trump announced Wednesday on social media, marks a stark reversal for a president who has re...

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Netflix Inc. delivered fourth-quarter results that largely beat Wall Street estimates but issued a cautious forecast for the months ahead, citing higher program spending and the cost of closing its deal with Warner Bros. Discovery Inc.

The streaming leader said Tuesday it plans to increase spending on films and TV shows by 10% in 2026 while forging ...

FullSpeed Automotive is among the largest franchisors and operators of automotive aftermarket repair facilities in the United States. It is home to flagship brands such as Grease Monkey, SpeeDee Oil Change & Auto Service, and Kwik Kar. FullSpeed brands offer oil changes, tire sales and rotations, brake services, car washes, and other ancillary services through multiple brand formats that target several desirable segments of the...

In a piece written for Bloomberg Businessweek magazine, Daron Acemoglu, Institute Professor of MIT's Department of Economics, muses on whether there is a way to better understand the mind and methodology of US President Donald Trump. Acemoglu writes that "most of the (Trump) administration’s actions — the questionable crypto dealings, the appointment of unqualified allies to high-level positions, the unconstitutional de...

Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."
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US President Donald Trump is calling for an emergency wholesale electricity auction that, his administration says, will force technology companies to pay for the new power they need to run massive AI data centers under construction across the country.

The truth is Amazon.com Inc., Microsoft Corp., Alphabet Inc., Meta Platforms Inc., OpenAI and all the other major...

Rick Woldenberg runs two educational-toy businesses near Chicago, Learning Resources and hand2mind. The firms are considered to be among the world leaders in the development of over 2,000 experiential, hands-on learning materials, which are sold in more than 100 countries. But their products have been hit especially hard by President Donald Trump’s fluctuating global tariffs. Woldenberg’s companies sued last April to in...

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Morgan Stanley Chief Executive Officer Ted Pick started summing up his outlook after Wall Street’s banner year for trading with four words: “The setup is ideal.”

After Wall Street’s five giant banks reported a record $134 billion of trading revenue from last year and an upswing in dealmaking, Pick and peers agreed it’s poised to cont...

Carolyn Tisch Blodgett is the CEO and founder of Next 3, where she oversees the investment and management of a portfolio of assets in the sports, media and entertainment space. She invests across teams, leagues and technologies including Gotham FC of the National Women's Soccer League, TGL and Los Angeles Golf Club, LOVB, Transmit.Live, Jackpot.com and more. Tisch Blodgett also serves as the governor of the reigning NWSL champions,...

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Germany will take the lead of European nations sending military personnel to Greenland after Denmark said its meeting with top US officials intent on controlling the world’s biggest island revealed that a “fundamental disagreement” remains.

The decision to dispatch reinforcements to the Arctic territory as early as this week highli...

Acadia Pharmaceuticals, a leader in neuroscience and rare disease, is working to advance next-generation therapies. The company's commercial portfolio already includes the first and only FDA-approved treatments for Parkinson’s disease psychosis and Rett syndrome. Acadia is also developing the next wave of therapeutic advancements with a pipeline that includes mid- to late-stage programs in Alzheimer’s disease psychosis ...

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Wall Street traders sent stocks lower as inflation data failed to alter bets on a pause in Federal Reserve rate cuts while JPMorgan Chase & Co. led a slide in banks after its results. Bonds wavered. The dollar rose.

Signs that price pressures are gradually abating gave a degree of comfort to investors in the immediate aftermath of the data, but ...

The time of the corporate landlord as America’s housing villain was supposed to be over. Money managers like Blackstone Inc. and Pretium, who binged on single-family rentals in the wake of the financial crisis took blow after blow as housing prices shot up. But the cohort has since cooled its buying, and the attacks slowed. But President Donald Trump on Wednesday brought the issue front-and-center when he pledged in a social ...

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President Donald Trump faced rare opposition from key Republican lawmakers after Federal Reserve Chair Jerome Powell accused the Department of Justice of launching a grand jury investigation to pressure and intimidate the central bank.

Senator Thom Tillis, a key Republican on the Banking Committee who isn’t running for reelection, vowed quickl...

Barnes & Noble is the largest retail bookseller in the United States. The Company has approximately 600 bookstores across the United States, as well as its online bookstore at BN.com, the NOOK Digital business, which offers both eBooks and an audio book subscriptions service, the SparkNotes educational service, and stationery and gift retailer Paper Source.
James Daunt serves as the CEO of Barnes & Noble. He discusses hi...