Bloomberg Businessweek

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A selloff in the world’s largest technology companies drove stocks to their longest slide since August, underscoring the American market’s narrow reliance on a handful of growth giants.
The S&P 500 lost almost 1%, falling for a fourth straight day. In the run-up to Nvidia Corp.’s results, the shares sank 2.8%. The bar is getting higher...

Sally Beauty Holdings, Inc. (NYSE:SBH) is a global distributor and retailer of professional beauty products with revenues of $3.7 billion annually. Through the Sally Beauty Supply and Beauty Systems Group businesses, the company sells and distributes through over 4,000 stores, including approximately 132 franchised units, throughout the United States and Puerto Rico, the United Kingdom, Belgium, Chile, France, Canada, Mexico, Irela...

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Wall Street traders gearing up for Nvidia Corp.’s earnings and the jobs report shunned riskier assets as both events will be key in shaping the global financial outlook throughout the rest of 2025.
Just days ahead of tests of the two main pillars of the bull market — prospects for artificial intelligence and Federal Reserve rate cuts —...

Webflow is an AI-native Website Experience Platform that empowers teams to visually build, manage, and optimize websites that offer both the consumer experience customers expect and the enterprise-grade performance and scale they need. Webflow aims to give users full control over their websites without reliance on engineering, with big-name customers including NCR, Dropbox, Spotify and DocuSign.

Linda Tong, the CEO of Webflo...

Featuring some of our favorite conversations of the week from our daily radio show “Bloomberg Businessweek Daily.” Hosted by Carol Massar and Tim Stenovec Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio. You can also watch Bloomberg Busine...

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Business leaders, investors and academics have cheered Massachusetts Governor Maura Healey’s efforts to counter the Trump administration’s research funding cuts with state money — so much so that a recent meeting on the initiative required overflow seating. Healey, a Democrat, in July proposed funneling $400 million to institutions affected b...

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Bitcoin sank deeper below the $100,000 mark, dragged down by a fresh wave of risk aversion and a selloff in tech stocks that reignited Wall Street jitters.
The digital currency fell as much as 3.9% to $97,956, intensifying a slump that’s wiped out more than $450 billion in value since early October. Once-reliable sources of support — including l...

Hormone replacement therapies (HRTs) used to treat menopause symptoms no longer need to carry strict warnings about some potential side effects, including cancer and heart disease, the US Food and Drug Administration announced Monday. Commissioner Marty Makary said the agency is asking drugmakers to remove the strict black box warnings, with the goal of encouraging more women to take them. Labels on the medicines currently list pot...

Lumen Technologies is on track to restore revenue gains by 2030 by shifting to growth products and divesting noncore assets. Bloomberg Intelligence notes that the company recently announced the sale of the Mass Markets fiber unit to AT&T for $5.75 billion in cash. It's also building new fiber routes for hyper-scaler cloud providers and social-media companies for AI traffic between data centers. It aims to tap other high-growth ...

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Democrats returned to pressing Donald Trump on his ties to Jeffrey Epstein, highlighting a selection of emails in which the late financier and convicted sex trafficker suggested the president knew of his activities.
A congressional committee on Wednesday released some 20,000 pages of documents, pivoting attention away from the ongoing government shutdown an...

Lisa Wright is the Founder and CEO of Landings, a pioneering company developing a network of rural vertiports that expand access to advanced air mobility across the US. With over 20 years of experience in architecture, design, and operations, Lisa brings a unique perspective at the intersection of infrastructure, technology, and community development. Since founding Landings, she has led the company in building partnerships with mu...

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Wall Street’s bets that the largest shutdown in US history is soon coming to an end drove a rebound in stocks, spurring optimism that access to official economic data will shed light on the Federal Reserve outlook.

The S&P 500 erased losses, with about 345 shares gaining. The Dow Jones Industrial Average climbed 1.2%. FedEx Corp. — a...

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Warren Buffett, the billionaire investor who turned an aging textile mill into a more than $1 trillion conglomerate, said he’s “going quiet,” marking the end of an era for one of the business world’s most-watched investing gurus.

In a letter disclosing that he’s donating more than $1.3 billion to four family foundations...

In mid-October, The Johns Hopkins Bloomberg School of Public Health hosted a media briefing to examine the health implications of seed oils and ultra-processed foods, topics that are generating increased public attention. 

Seed oils, such as canola, soybean, and sunflower, are a major source of essential fatty acids in diets worldwide and are often the subject of conflicting information. Ultra-processed foods account for more ...

Ryan J. Salva is a veteran product leader at Google who has been at the forefront of building AI tools for developers. He is responsible for Google's products such as the recently launched Gemini CLI, an open source AI agent for developers, as well as Gemini Code Assist, the tech giant's AI coding assistant, both of which are changing how software is developed and deployed by individuals and organizations.

 
Ryan details th...

Featuring some of our favorite conversations of the week from our daily radio show “Bloomberg Businessweek Daily.” Hosted by Carol Massar and Tim Stenovec Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio. You can also watch Bloomberg Busine...

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
US officials warned that the number of flight cancellations may need to double if the government shutdown drags out and air-traffic controller staffing shortages worsen, potentially escalating travel disruptions as the country heads into one of its busiest travel seasons.
US Transportation Secretary Sean Duffy said on Fox News Friday that regulators will co...

Senate Democrats are again urging Republicans to negotiate extending enhanced Obamacare premium tax credits, buoyed by sweeping gubernatorial elections in Virginia, New Jersey and a mayor’s race in New York City. Following this week's elections, Sen. Bernie Sanders (I-VT) said lawmakers’ government shutdown fight should continue unless President Donald Trump and House Speaker Mike Johnson (R-LA) commit to...

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Charles Schwab Corp. agreed to buy Forge Global Holdings Inc., a marketplace for buying and selling shares of private companies, for about $660 million.
Under the terms of the transaction, Schwab will acquire all of Forge’s shares for $45 apiece, according a statement Thursday. That’s about 72% more than the closing price on Wednesday.
The de...