Bloomberg
Bloomberg
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Israel ministry to give go-ahead for Elon Musk-owned Starlink this week
Sales will initially be restricted to official bodies, and Starlink agreed not to grant access to humanitarian organizations in the Gaza Strip without the approval of Israel's defense establishment
 "Israel ministry to give go-ahead for Elon Musk-owned Starlink this week")
Blowout on 737 Max seen as likely caused by a manufacturing issue
Cutouts like the one in the Alaska Air incident are aimed at increasing production efficiency and making seating arrangements more flexible.
 "Blowout on 737 Max seen as likely caused by a manufacturing issue")
S&P 500 earnings forecast could rise further on strong economy: Goldman
S&P 500 companies' earnings per share are forecast to rise 5% to $237 this year, the team led by chief US equity strategist David Kostin predicted in a weekly research note
 "S&P 500 earnings forecast could rise further on strong economy: Goldman")
Alaska Air grounds Boeing 737 Max-9 fleet after window, fuselage blowout
The airline is taking the "precautionary step" to temporarily ground the fleet of 65 planes until the completion of full maintenance and inspection, Chief Executive Officer Ben Minicucci said
 "Alaska Air grounds Boeing 737 Max-9 fleet after window, fuselage blowout")
Ozempic's massive bills: Weight loss drugs will be billed to US taxpayers
State and local governments across the US are grappling with a growing problem: Expensive drugs to treat diabetes and obesity are threatening to drain their health-care budgets
 "Ozempic's massive bills: Weight loss drugs will be billed to US taxpayers")
Joe Biden, Donald Trump go on attack with ballot question clouding race
Trump also belittled his chief Republican opponents, Florida Governor Ron DeSantis and former South Carolina Governor Nikki Haley, a United Nations ambassador in the Trump administration
 "Joe Biden, Donald Trump go on attack with ballot question clouding race")
US supreme court agrees to hear Donald Trump's Colorado ballot appeal
The justices will hear the case on an expedited basis, with arguments on February 8
 "US supreme court agrees to hear Donald Trump's Colorado ballot appeal")
Azim Premji family office gets nod to bet abroad through GIFT City
Premji Invest and billionaire Narayana Murthy-backed Catamaran Ventures were among the first to seek approvals, according to the people
 "Azim Premji family office gets nod to bet abroad through GIFT City")
Gautam Adani reclaims Asia's richest spot after relief from Supreme Court
Adani's net worth rose $7.7 billion in a day to $97.6 billion, reclaiming the top spot in the region from Indian compatriot Mukesh Ambani, according to Bloomberg Billionaires Index
 "Gautam Adani reclaims Asia's richest spot after relief from Supreme Court")
Global food prices post the biggest annual drop since 2015, shows data
An index of food-commodity prices created by the United Nations' Food and Agriculture Organization fell about 10 per cent in 2023, according to data released on Friday.
 "Global food prices post the biggest annual drop since 2015, shows data")
Apple's 2024 slump puts world's most-valuable stock title at risk
Apple shares are up as much as 0.4 per cent on Friday, snapping a four-day streak of losses
 "Apple's 2024 slump puts world's most-valuable stock title at risk")
Huawei teardown shows 5nm chip made in Taiwan, not China: Report
The Qingyun L540 notebook contains a 5-nanometer chip made by Taiwan Semiconductor Manufacturing Co in 2020
 "Huawei teardown shows 5nm chip made in Taiwan, not China: Report")
Apple hit with second downgrade this week on iPhone sales concerns
Coming into 2024, Apple was the big tech stock with the least number of bullish recommendations
 "Apple hit with second downgrade this week on iPhone sales concerns")
Trump took $7.8 mn in foreign cash while in office. He'd do it again
Latching on to either of those arguments to let Trump off the hook would be a mistake
 "Trump took $7.8 mn in foreign cash while in office. He'd do it again")
How China's top automobile manufacturer BYD beat Tesla at its own game
The company is able to offer a wide range of affordable EVs at low prices, maximizing sales (if not revenue) while expanding its footprint in new markets
 "How China's top automobile manufacturer BYD beat Tesla at its own game")
Islamic State claims responsibility for deadly blasts that rattled Iran
Islamic State, an extremist Sunni group, is ideologically opposed to Shia-dominated Iran, regarding Shias as infidels
 "Islamic State claims responsibility for deadly blasts that rattled Iran")
Apple supplier TDK bets its new batteries will change smartphone game
To keep its lead in the cutthroat smartphone field, where TDK controls more than a third of the battery market, the company will have to keep chasing knowhow, Saito said
 "Apple supplier TDK bets its new batteries will change smartphone game")
Billionaire space battle heats up as Jeff Bezos eyes SpaceX rival
'SpaceX likes to say they have a monopoly" in the launch market, Tory Bruno, ULA's chief executive officer, said in an October interview. "They don't.'
 "Billionaire space battle heats up as Jeff Bezos eyes SpaceX rival")
UK economy to hit 2% inflation target by spring in upgraded outlook
A 1% cut in the basic rate of income tax in April would add another £4 billion this year, and a halving of the inheritance tax rate to 20% would be worth close to £1 billion more for 2024
 "UK economy to hit 2% inflation target by spring in upgraded outlook")
US Federal Reserve sees interest rates staying high for some time
Fed policymakers acknowledged they were probably at the peak rate and would begin cutting in 2024
 "US Federal Reserve sees interest rates staying high for some time")
