Bloomberg
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Here's why US crude oil supplies took such a big hit from Hurricane Ida
The damage to offshore platforms, pipelines and even helipads was so severe that two out of every three barrels of crude normally pumped from the U.S. sector of the Gulf of Mexico are unavailable.
 "Here's why US crude oil supplies took such a big hit from Hurricane Ida")
Stablecoins face crackdown as US discusses risk council review
After weeks of deliberations, the Treasury Department and other federal agencies are nearing a decision on whether to launch an examination by the Financial Stability Oversight Council: report
 "Stablecoins face crackdown as US discusses risk council review")
Big up days are gone as corrections hit half of S&P 500 stocks
The S&P 500 has gone 34 days without rising 1% in any of them
 "Big up days are gone as corrections hit half of S&P 500 stocks")
Sri Lanka is running out of money for imports as delta variant rages
After meeting a $1 billion debt repayment in July from reserves, the government had only enough dollars to cover less than two months of imports
 "Sri Lanka is running out of money for imports as delta variant rages")
Apple risks losing billions of dollars annually from Epic games ruling
In a ruling Friday, US District Judge Yvonne Gonzalez Rogers said the company must give developers the option of bypassing its commission on in-app purchases
 "Apple risks losing billions of dollars annually from Epic games ruling")
In wake of 9/11, Wall Street is now more of a notion than an address
In the two decades since terrorists destroyed Twin Towers, downtown Manhattan has undergone a transformation, drawing in residents to luxury condos while office buildings have struggled to keep tenant
 "In wake of 9/11, Wall Street is now more of a notion than an address")
Indigo plans full capacity domestic flights by Dec, seeks to raise funds
CEO Ronojoy Dutta says airline's cash levels are 'pretty good' but it wanted an insurance buffer against a possible third wave of Covid-19.
 "Indigo plans full capacity domestic flights by Dec, seeks to raise funds")
United Nations' computer networks breached by hackers earlier this year
The hackers' method for gaining access to the UN network appears to be unsophisticated: They likely got in using the stolen username and password of a UN employee purchased off the dark web
 "United Nations' computer networks breached by hackers earlier this year")
US Justice Dept sues in bid to void Texas' restrictive anti-abortion law
The 27-page complaint, filed Thursday in federal court in Austin, seeks both an immediate and permanent injunction against the law, which bars almost all abortions after the sixth week of pregnancy
 "US Justice Dept sues in bid to void Texas' restrictive anti-abortion law")
US Treasury Secy Yellen warns of financial risk if debt ceiling not raised
Yellen has campaigned for congressional action and has warned that the Treasury would probably reach the borrowing limit sometime next month.
 "US Treasury Secy Yellen warns of financial risk if debt ceiling not raised")
Amazon takes a swipe at Elon Musk, says SpaceX flouting regulations
Musk's SpaceX and Bezos's Kuiper Systems are before the FCC with rival satellite constellations in low-earth orbit to provide broadband internet access.
 "Amazon takes a swipe at Elon Musk, says SpaceX flouting regulations")
Senior Democrats float 2% US tax on stock buybacks to fund $3.5-trn budget
The plan comes as Democratic lawmakers assemble a raft of tax measures to help pay for a $3.5 trillion budget bill that contains bulk of President Joe Biden's longer-term economic agenda
 "Senior Democrats float 2% US tax on stock buybacks to fund $3.5-trn budget")
Bank of America taps new CFO, promotes three women to top roles
Alastair Borthwick, president of global commercial banking, will replace CFO Paul Donofrio next quarter, the company said Friday in an internal memo.
 "Bank of America taps new CFO, promotes three women to top roles")
Facebook's smart glasses can take calls and photos, lack augmented reality
The social network on Thursday showed off the glasses, called Ray-Ban Stories -- a direct rival to Snapchat's Spectacles.
 "Facebook's smart glasses can take calls and photos, lack augmented reality")
Vivo launches phone with own imaging chip days ahead of iPhone
Android makers are trying to challenge Apple on hardware
 "Vivo launches phone with own imaging chip days ahead of iPhone")
European stocks climb on investor optimism over economic growth
The Stoxx 600 Europe Index added 0.2% by 8:05 a.m. in London, with miners, consumer products and technology sectors outperforming.
 "European stocks climb on investor optimism over economic growth")
China tech shares rebound on easing investor worry over gaming
The Hang Seng Tech Index advanced 2.9% on Friday, pushing the index up a third straight week.
 "China tech shares rebound on easing investor worry over gaming")
Covid-19: Pandemic risks worsening on Africa variants, scientists say
A study of genomes from 33 African nations tracks the evolution of the pandemic and the emergence of a number of so-called Variants of Concern and Variants of Interest
 "Covid-19: Pandemic risks worsening on Africa variants, scientists say")
Apple fires manager who complained about workplace harassment, safety
Company tells Ashley Gjovik her employment was terminated for violating policies including the disclosure of confidential information
 "Apple fires manager who complained about workplace harassment, safety")
Amazon takes a swipe at Elon Musk as satellite feud escalates
The billionaires' dispute grew more pointed Wednesday in Amazon.com's letter to the FCC
 "Amazon takes a swipe at Elon Musk as satellite feud escalates")