Page 635 - Bloomberg

India's Covid crisis worsened by complications like fungal infection

Pharmacists are warning of a shortage of a crucial drug to treat an invasive fungal infection preying on patients with weakened immune systems.

Five women file lawsuits against Amazon alleging bias, retaliation

These women all represented by Wigdor LLP, the law firm representing a plaintiff in discrimination and harassment lawsuit against Amazon that was filed earlier this year.

Softbank-backed Oyo seeks $600-million loan amid virus surge: Report

Funds sought by hotel startup to bolster balance sheet, service older loans

Global stocks enjoying longest period of calm in four years, shows data

The MSCI AC World Index hasn't experienced a 5% drawdown since November, the longest streak of calm since 2017, according to data compiled by Bloomberg

Bitcoin carnage: It is too soon to say cryptocurrency bubble has burst

There were signs that a top was near, from the Coinbase IPO to Elon Musk on Saturday Night Live. But the cryptocurrency has risen from the dead before

DBS can fund $2 billion for Citi India's assets, Bernstein analysts say

DBS CEO Piyush Gupta had said that he is interested in the U.S. bank's assets that are for sale in India, as well as in China, Taiwan and Indonesia.

How some vaccines are helping nations to exit Covid faster than others

Messenger RNA shots developed by Moderna or Pfizer and BioNTech are better at stopping people from becoming contagious, shows evidence.

Apple's software chief faults Mac security to keep grip on iPhone app store

Apple's security and privacy safeguards draw users to iOS devices, Craig Federighi, Apple's senior vice president of software engineering said

AT&T's WarnerMedia, Discovery to merge in $130-bn blockbuster deal

The deal is structured as a tax-advantaged Reverse Morris Trust.

Pakistan PM Imran Khan's ruling party splits, parliament majority at risk

A member of the party, Jahangir Tareen, recently had a fallout with Khan and is backed by 40 lawmakers of the National Assembly and provincial Punjab Assembly reports Dawn newspaper.

ECB warns of financial stability risks amid market 'exuberance'

Says flood of fiscal & monetary stimulus may build up dangerous imbalances

Amazon's talks with MGM bring fresh shine to old movie libraries

The frenzy also is boosting shares of another potential target, Lions Gate Entertainment.

Mumbai receives import bids for Sputnik, preps for 60-day vaccination drive

Mumbai estimates to spend 7 billion rupees to buy shots informed municipal commissioner Iqbal Singh Chahal.

How Mumbai 'chased the virus', did better than Delhi in preparing for Covid

Mumbai's municipality s preparing for a third wave by setting up pediatric hospitals because more children might be infected in the next surge.

Chip shortage crisis enters 'danger zone', wait time reaches all time high

The gap between ordering a chip and taking delivery increased to 17 weeks in April, according to one research.

Apple readies MacBook Pro, MacBook Air revamps; none with Intel processors

This will be the first time professional Macs get in-house main processors; eventually the company will stop selling the high-end Intel MacBook Pros

Fed Reserve negotiating with itself on inflation as global economy recovers

Federal Reserve president James Bullard recently said that inflation is likely above 2% over the forecast horizon.

Jamie Dimon succession race has two women ahead of pack at JP Morgan

Marianne Lake and Jennifer Piepszak have been named as co-heads of consumer and community banking business.

Janet Jackson's Chevy truck takes $112,500 in record auction sale

The buyer of the truck is Arlan Hamilton, founder and managing partner of venture capital firm Backstage Capital

Amazon's acquisition of MGM would add to frenzy for streaming assets

The acquisitions are setting 2021 up to be a record for media deals. More than $80 bn in takeovers have been announced so far this year