Sun. Jun 4th, 2023

Romaine Bostick breaks down the day’s top stories and trading action leading into the close.
Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more.
Eli Lilly, Insulin Makers Sued by California Over Prices
Tax Season Begins Jan. 23 With the IRS Promising Improvements
Fed’s Barkin Says Appropriate to Raise Rates ‘More Deliberately’
Mass Teacher Exodus Weighs Down State, Local Jobs Recovery
Fed’s Bullard Favors Getting Rates Above 5% ‘as Soon as Possible’
Osage Nation’s Massive Oil Estate May Get New US Protections
CFA Level I Pass Rate Slips to 36% as Pandemic Delays Linger
Notorious Ransomware Gang Accused of Attack on UK’s Royal Mail
Bosch Doubles Down on China With $1 Billion EV Parts Plant
Fragile Megacap Tech Stocks Face CPI Test After New Year Rally
CDC Hires Maine Infectious Disease Chief as Second-in-Command
Proud Boys Vowed ‘Any Means Necessary’ to Keep Trump in Power, Jury Told
Perez’s Related to Join Group Developing Florida Yacht Show Site
Citadel’s Griffin Tells NYC Mayor That Crime Is No. 1 Priority
‘Fabelmans,’ ‘Top Gun’ Get Boost With Producers’ Group Nods
Bears Hire Big Ten Commissioner Warren as Team President
JPMorgan Says Frank Was Fraud
White House Keeps Bungling the Inflation Message
CPI Checks Most of Powell’s Boxes. Now What?
Climate Data Startups Take Science Off Campus and Into Boardrooms
Housing Pain to Continue Until Economy Slows and Prices Fall
Young Bankers Who Got Used to Smooth Sailing Prepare for a Storm
Powerful India Hindu Group Hints at Support for LGBTQ Couples
Human Rights Watch Says Tories Are Stripping Away Fundamental Rights
Crashing Davos in an Arctic Tent
EU to Fight Rogue Climate Claims in Greenwashing Push
Indianapolis Gets Serious About Car Crash Investigations
NYC Mayor Goes Up Against  Other City Leaders in Fight Over Spending Cuts
Mapping the Death of NYC’s Cheap Slice
Bitcoin Mining in 2023: No Rest for the Weary (Podcast)
FTX Debacle Impels UAE to Assess Its Crypto Ambitions (Podcast)
How Did Binance Come to Dominate Crypto? (Podcast)
Traffic halts as people affected by floods block the Indus Highway in protest, demanding food and shelters, in Pakistan’s Sindh province in August 2022.

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The United Nations said the global community has not provided enough funds after the devastating floods in Pakistan and that may lead to suspension of its food support program next month.
The UN World Food Programme will run out of funds to feed 2.7 million people by Jan. 15, Chris Kaye, the agency’s representative in Pakistan, told reporters in Islamabad. UN and Pakistan’s joint garnered only about 30% of the $816 million funds requested, according to Julien Harneis, UN resident and humanitarian coordinator in Pakistan.   


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