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FBI probes possible J.P. Morgan hacking
Aug 27 2014
THE Federal Bureau of Investigation is probing a possible computer hacking attack on J.P. Morgan Chase & Co.Snapchat valued at $10bn
Aug 26 2014
KLEINER Perkins Caufield & Byers has agreed to invest in ephemeral message service Snapchat at a valuation of close to $US10 bn.Rosneft poised for Arctic LNG stake
Aug 26 2014
ENERGY giant Rosneft is poised to take control of a new Arctic Circle LNG project planned for an area of northern Russia fronting the Barents Sea.Global tech to transform over 3 weeks
Aug 26 2014
THE world’s tech will undergo a transformation over just three weeks with a bonanza of new phones, tablets, smart watches and OLED 4K TVs.Young diners not lovin’ it
Aug 25 2014
MCDONALD’S revenues have slumped and there’s one key reason: Millennials aren’t Maccas fans, choosing fresher, healthier food instead.Former IBM chief John Akers dies
Aug 24 2014
JOHN Akers, who led IBM as its longtime dominance of the computer industry began to wane, has died, aged 79.Bangladesh next in Seek strategy
Aug 20 2014
ONLINE jobs and education group Seek will continue expansion into international markets.Buffett joins $200K club. Membership: 1
Aug 15 2014
IMAGINE if you’d spent a grand on a single Berkshire Hathaway share 31 years ago. That stock just passed $US200,000 and is still climbing.Bloomberg Markets
Small Correction ‘Not Unhealthy’ Says JP Morgan’s Grace Peters
Nov 18 2025
The S&P 500 was set to slide for a fourth straight session on concerns around the Federal Reserve’s policy outlook, artificial intelligence valuations and a selloff in Bitcoin. US stocks have come under pressure this month as investors worried the AI-led rally has run too hot. The S&P 500 is trading at about 22 times forward earnings, above its 10-year average of 19. Concerns are also rising about the economic impact of the longest US government shutdown. Grace Peters, Co-Head of Global Investment Strategy for JP Morgan Private Bank Joined Caroline Hepker and Stephen Carroll to share her thoughts on the market outlook. (Source: Bloomberg)BofA Sees ‘Cautious Optimism’ From US Business Owners
Nov 18 2025
Bank of America President and co-Head of Business Banking Sharon Miller discusses the firm’s Business Owner Report 2025, offering insights into the health of US businesses as measured over a range of factors by Bank of America. (Source: Bloomberg)JSE CEO Says Working to Enable Dollar Listings to Cut Capital Costs
Nov 18 2025
JSE CEO Leila Fourie says the company, which runs the Johannesburg Stock Exchange, is working with National Treasury and policymakers to encourage them to “contemplate changes in policy to enable dollar listings, to enable dollar-based collateral to reduce the cost of capital.” She spoke to Bloomberg Television from the Bloomberg Africa Business Summit in Johannesburg. (Source: Bloomberg)Booth’s DFA Gets Green Light for Tax-Busting Vanguard Structure
Nov 18 2025
Quant firm Dimensional Fund Advisors has received formal approval to adopt a fund structure that for two decades has been used exclusively by Vanguard Group to save billions of dollars in taxes.Alphabet Raised at Loop as ‘Waves of AI Enthusiasm’ Temper Fears
Nov 18 2025
Alphabet Inc. was upgraded to buy from hold at Loop Capital, the latest example of how Wall Street is turning even more positive on the Google parent.Bakrie & Brothers CEO Anindya Bakrie on Indonesia’s Growth
Nov 18 2025
Anindya Bakrie, CEO at Bakrie & Brothers, discusses Indonesia’s push to increase its annual growth toward 8%. He speaks with Jennifer Zabasajja on the sidelines of the Bloomberg Africa Business Summit about how Bakrie is building up its global partnerships. (Source: Bloomberg)Klarna Revenue Surges as Longer-Term Loan Book More Than Doubles
Nov 18 2025
Klarna Group Plc reported record revenue that beat estimates for its third quarter, in its first set of earnings since going public.Mike Pence Raises Concerns on Saudi F-35 Sales and China Policy
Nov 18 2025
Mike Pence, Donald Trump’s first-term vice president, said he was worried about the potential sale of F-35 jets to Saudi Arabia without concrete guarantees that the technology embedded in the world’s most advanced fighter would be kept secure.Bloomberg Technology
Toyota Lays Out $912 Million Plan to Boost US Hybrid Production
Nov 18 2025
Toyota Motor Corp. detailed plans to invest $912 million to increase output of hybrid components and vehicles across five states, part of a broader $10 billion commitment in the US over the next five years.Intuit Inks Deal to Spend Over $100 Million on OpenAI Models
Nov 18 2025
Intuit Inc. will spend more than $100 million on a multiyear contract with OpenAI to further weave the ChatGPT maker’s artificial intelligence models into financial apps like TurboTax.Dorsey-Backed Yellow Card Says Dollar Barriers Boost Stablecoins
Nov 18 2025
The head of Jack Dorsey-backed Yellow Card said African nations are among the world’s top adopters of stablecoins as global trade shifts away from a reliance on the US dollar.Uzbekistan Said to Plot State Fund London IPO Before Gold Miner
Nov 18 2025
Uzbekistan is likely to push ahead with the initial public offering of its national investment fund as the country’s first-ever listing in London, paving the way for other state-backed companies, according to people familiar with the matter.Widespread Cloudflare Outage Blocks NJ Transit, ChatGPT Websites
Nov 18 2025
ChatGPT, social-media platform X and NJ Transit were among the websites blocking users’ access on Tuesday as the web security firm Cloudflare Inc. worked to address a widespread, worldwide networking outage.Apple and Tencent Try to Regulate the WeChat Economy
Nov 18 2025
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Pei Li and Vlad Savov delve into Tencent’s role in the new program Apple is offering mobile app developers.Aerospace Startup Ursa Major Valued at $600 Million With New Funding
Nov 18 2025
Aerospace and defense tech startup Ursa Major Technologies Inc. landed a $600 million valuation in a new funding round, the latest sign that investors are eager to back companies developing new rocket technology.Stock Traders Ride the Boom in AI to Notch Best Year Since 2005
Nov 18 2025
Stock traders across Wall Street are set to turn in their best year for revenue in at least two decades after clients piled into booming AI stocks in recent months.Bloomberg Wealth
How a Salary Sacrifice Cap Would Hurt Pensions
Nov 18 2025
The rumoured budget move would hit retirement saving and infuriate employers.
French €5.5 Billion Inheritance Tax Break Slammed as Costly
Nov 18 2025
A French tax break for company owners bequeathing assets to their offspring needs an urgent overhaul after costing the government more than €5.5 billion ($6.4 billion) last year, according to the state auditor.Wealthy Brits Overhaul Fortunes While Bracing for Reeves Tax Hit
Nov 18 2025
Rich UK families are building greater protection into wealth management structures and taking out cash after a slew of tax changes under the Labour government
Where to Invest 1 Million South African Rand
Nov 18 2025
Five financial experts share their views on where to put your money right now.