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Euro Zone Exits Recession Faster Than Expected (Correct)
Euro Zone Exits Recession Faster Than Expected (Correct)
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2:14



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Villeroy Says Inflation Data Give ECB Confidence for June Cut


RELATED

Euro-Zone Speeds Out of Recession But Inflation Proves Sticky
De Cos Says ECB June Cut Looks Appropriate If Price View Remains


🌙️ GOOD EVENING.

Where to invest in real estate right now. Tesla China progress downplayed by
Evercore after stock soars. And high hotel rates got you down? A boat may be
better value.

OpinionAndrea Felsted
$6.4 Billion for L’Occitane Doesn’t Pass the Smell Test


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OpinionAndrea Felsted
$6.4 Billion for L’Occitane Doesn’t Pass the Smell Test


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HSBC’s Noel Quinn Ends 37-Year CEO Dream With Surprise Departure
Who’s in the Running for HSBC’s Top Job
OpinionPaul J. Davies
Noel Quinn Quits as Chief While HSBC Is Ahead




LATEST

All categories

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10 min

Amazon Reports Strong Cloud Unit Sales on Rising AI Demand

15 min

Pinterest Revenue Surges on Popularity of Shopping Push

17 min

Starbucks Posts First Sales Drop Since 2020 During Global Pullback

17 min

Trudeau’s Tory Rival Ejected From Parliament Over ‘Wacko’ Insult

18 min

‘Bitcoin Jesus’ Charged With Evading Almost $50 Million in Taxes

18 min

Logistics Firm WWEX Group Taps Underwriters for Potential IPO

David Ryder/Bloomberg
Breaking
Binance Founder CZ Gets Four Months in Prison
He has already paid a $50 million fine and stepped down as Binance CEO as part
of a plea deal with the government in November.
The Big Take
Binance and CZ's Fortunes Are Set to Grow, Jail or No Jail



BLOOMBERG OPINION

Bloomberg Opinion
Israel and Hamas Can End Their Forever War Now
Cease-fire with a regional deal is more realistic than eliminating Hamas.
By Marc Champion, Columnist
Fisker’s Flub Puts Trading Firm in the Driver’s Seat
By Chris Bryant, Columnist

Tolstoy Grasps Britain’s Unhappy Rail Journey
By Matthew Brooker, Columnist

Brands Should Stop Funding Anti-Doping Efforts in Sports
By Adam Minter, Columnist



Israel Won’t Join Truce Talks Until Hamas Responds, Kan Says
about 2 hours ago
Columbia Threatens to Expel Students Who Took Over Building
Eastern Europe Is Richer Than Ever — And More Divided
The region got more than €500 billion since joining the EU in 2004, but income
disparities have bred discontent that’s now entrenched.

Juuso Westerlund for Bloomberg Businessweek
Hacker Found Guilty of Leaking Finnish Therapy Records
Aleksanteri Kivimäki was convicted of the largest crime in Finland’s history and
sentenced to six years in prison.
Businessweek
How a Massive Hack of Psychotherapy Records Revealed a Nation’s Secrets
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🌙️ GOOD EVENING.

Where to invest in real estate right now. Tesla China progress downplayed by
Evercore after stock soars. And high hotel rates got you down? A boat may be
better value.

OpinionAndrea Felsted
$6.4 Billion for L’Occitane Doesn’t Pass the Smell Test


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OpinionAndrea Felsted
$6.4 Billion for L’Occitane Doesn’t Pass the Smell Test


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Bloomberg News Now

Listen to the latest news: CZ Gets 4 Months, Amazon Strong Cloud Sales, More

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updated 4 min ago



LATEST

All categories

Chevron Down

10 min

Amazon Reports Strong Cloud Unit Sales on Rising AI Demand

15 min

Pinterest Revenue Surges on Popularity of Shopping Push

17 min

Starbucks Posts First Sales Drop Since 2020 During Global Pullback

17 min

Trudeau’s Tory Rival Ejected From Parliament Over ‘Wacko’ Insult

18 min

‘Bitcoin Jesus’ Charged With Evading Almost $50 Million in Taxes

18 min

Logistics Firm WWEX Group Taps Underwriters for Potential IPO
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Kid-Free Cruises Create $5 Billion Fortune for Viking’s Founder

BBVA Eyes Sabadell Takeover to Create Spanish Banking Giant

McDonald’s Will Test a Bigger Burger






BLOOMBERG BUSINESSWEEK


Juuso Westerlund for Bloomberg Businessweek
Hacker Found Guilty of Leaking Finnish Therapy Records
Aleksanteri Kivimäki was convicted of the largest crime in Finland’s history and
sentenced to six years in prison.
By Drake Bennett


MORE FROM THIS ISSUE:

Sextortion Scams Are Driving Teen Boys to SuicideWhat Really Happens When You
Trade In an iPhone at the Apple StoreHow Matzo Is Made

How the TikTok Law Could Intensify the US-China Tech Spat
The law is almost certain to lead to a Supreme Court case and retaliation
against US interests in China.

Book a Rocket Ride: Advice From a Space Travel Agent
Roman Chiporukha, co-founder of SpaceVIP, talks about the rewards and risks of
touring the final frontier.
Tesla Strike Has US Unions Taking Notes
Elon Musk is locked in a stalemate with a group of Swedish technicians that’s
lasted four times as long as the United Auto Workers strike.


MARKETS

ETFsCryptoDeals

Anthony Kwan/Bloomberg
‘Bitcoin Jesus’ Charged With Evading Almost $50 Million in Taxes
Logistics Firm WWEX Group Taps Underwriters for Potential IPO
Bonds for Florida High-Speed Rail Pop in Market ‘Starved’ for High-Yield Munis
Listen (41:32)
Odd Lots: Who's Winning the Global Fight for AI Talent

Newsletter: The Brink
After Years in the Cold, Venezuela Is Ready to Talk About Its Debt Pile


BLOOMBERG ORIGINALS

10:29


Why the South China Sea Could Spark a War
10:29


6:17


How Drones Are Revolutionizing the Economics of War
6:17


22:31


When Jamie Dimon Speaks, the World Listens
22:31


37:47


The Deal Episode 9: Mark Shapiro
37:47







TECHNOLOGY

AICybersecurityScreentime

Philippe Lopez/AFP
Amazon Reports Strong Cloud Unit Sales on Rising AI Demand
Pinterest Revenue Surges on Popularity of Shopping Push
Chegg Slumps as Wall Street Sees AI Threat to Homework-Help Firm
Watch (24:01)
Why Netflix Is Betting Big on Latin America

Newsletter: Tech Daily
Leave the Nanometer Nomenclature Out of Chip Marketing


WEALTH

BlackRock to Get $5 Billion From PIF to Boost Presence in Saudi Arabia

Ivy League Protests Add to Most Uncertain College Decision Day Yet

The Biggest Threat to the UK Housing Market

Where to Invest in Real Estate Right Now



POLITICS

US ElectionUKEuropeMiddle EastAsia

David Kawai/Bloomberg
Trudeau’s Tory Rival Ejected From Parliament Over ‘Wacko’ Insult
Yellen Defends Biden on Tax Cuts in Face of Republican Attack
FIFA President Visits US Capitol to Discuss 2026 World Cup
Newsletter: Washington Edition
House Republicans Growing Weary of Greene’s Threats to Speaker

Listen (14:30)
Big Take DC: How FOIA Unlocks Government Secrets


EXPLAINERS

Why AI Is So Expensive

4:55


Did Japan Intervene to Prop Up the Yen? How We Might Know
4:55


Huawei’s Pivotal Role in the US-China Tech War, from 5G to Chips

Is Dairy Safe Now That Traces of Bird Flu Are in Milk?



INDUSTRIES

Real EstateEnergyHealth

Angus Mordant/Bloomberg
Starbucks Posts First Sales Drop Since 2020 During Global Pullback
Trump’s Truth Social Allies Turned Foes Dealt Setback in Court
Mercedes Replaces US Leader During UAW Push to Unionize Plant
Listen (39:39)
The Deal Episode 9: Mark Shapiro

Newsletter: Business of Space
Tiny Islands Look to Space to Save Them From Global Warming





GREEN

New EnergyGreener LivingESG Investing

Angel Garcia/Bloomberg
UN Plastic Treaty Talks Disappoint Those Pushing for Production Cap
Negotiations in Ottawa pitted a “high ambition” bloc of nations against
countries seeking a more limited treaty focused on managing plastic waste.
Biden Paves Way for Corn Growers to Profit From Green Jet Fuel
Actively Managed Funds Hemorrhage Client Cash in ESG Upheaval
Listen (35:43)
Zero: How Wind Company Vestas Achieved Profitability

Watch (1:45)
An Optimist's Guide to the Planet Trailer


PURSUITS

These Five Summer Beach Bags Are Truly One in a Million

High Hotel Rates Got You Down? A Boat May Be Better Value

Denmark’s Beaches Set Visitor Records As Weather in the Med Heats Up

The Royal Opera House Is Changing Its Name and Chasing a Netflix Series



ECONOMICS

Inflation & PricesIndicatorsCentral Banks
Colombia Central Bank Lowers Key Rate Half a Percentage Point to 11.75%
US Union Members See Record Pay Raises, Outpacing Nonunion Workers
Kenyan Inflation Slows Down on Easing Food, Energy Prices
Newsletter: Economics Daily
How the Migrant Surge Is Filtering Through US Data

Listen (25:31)
Bloomberg Surveillance: Fed and Protests


CITYLAB

Billionaire-Backed Effort to Build New California City Advances to November
Ballot

Also Migrating From Latin America: A Wave of Urban Innovation

NYC Budget Will Consider Climate Impacts of Spending

American Eagle to Relocate NYC Offices to Madison Avenue Tower






WORK + LIFE

Work ShiftEqualityBusiness of Sports

Vatican Pool/Getty Images
Uganda Parliament Says UK Sanctioned Speaker Over Anti-LGBTQ Law
Apax-Owned Bazooka Gum Adds DK Metcalf, Kelces as Investors
London Firms Are Letting More Staff Work Entirely From Home
Watch (24:01)
Michael Andretti Plans to Finally Conquer F1

Newsletter: Equality
Overturning Weinstein’s Rape Conviction Fires Up #MeToo Again


MARKETS MAGAZINE


Hemis / Alamy
UAE’s $35 Billion Egypt Deal Marks Gulf Powers’ Buying Spree
Crown jewels including resorts and a gas station chain are up for grabs. Saudi
Arabia mulls purchases.
By Mirette Magdy and Michael Gunn


MORE FROM THIS ISSUE:

The Errors Tour: How the Pros Bungled the End of Zero Interest RatesA
Pessimist’s Guide to Global Economic Risks in 2024Bharara Once Jailed Wall
Street Pros. Now He Helps Them Avoid Prison

The Errors Tour: How the Pros Bungled the End of Zero Interest Rates
A look at the ways forecasters, traders and executives missed the mark over the
past two years. And at the lessons learned.

Surveying the World’s Path From Fossil Fuels to Clean Energy
Energy executives warn that it will be a long and costly journey, while
activists and analysts say there are significant rewards and little time to
waste. 
What to See and Do in Doha, the New Art Boomtown in the Gulf
Qatar’s capital is aiming to become a culture hub—and boost its global
image—with a host of museums, big-name exhibitions and rich collections of
contemporary and Islamic works.


STORIES FOR YOU

2:10


Markets Wrap
Wall Street Hit by Fed Jitters to Close Wild April
2:10


3:12


HSBC CEO Quinn Unexpectedly Steps Down After Almost 5 Years
3:12


6:28


Tesla Soars on Tentative China Approval for Driving System
6:28


The Big Take
Binance and CZ’s Fortunes Are Set to Grow, Even in Jail

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