Chaos Reigns Inside Tesla as Workers Await Next Slew of Job Cuts – One worker likened the state of the company to ‘Squid Game,’ the TV series where contestants fight for survival. (www.bloomberg.com)
Without paywall: archive.ph/XIAZy
Reports on China’s Bad Lending Data Disappear on Chinese Social Media (www.bloomberg.com)
- Total credit demand in China fell in April for first time since 2005*- China has increasingly hidden negative data in recent years*...
Another EV Factory Has Unionized Boosting Labor’s Push In US South (www.bloomberg.com)
China Sells Record Sum of US Debt Amid Signs of Diversification (www.bloomberg.com)
China sold a record $53.3 billion of US Treasury and agency bonds in the first quarter of 2024, likely due to escalating trade tensions and a desire to diversify its assets....
Bloomberg - Apple Says No Major App Developers Accept New Outside Payments (www.bloomberg.com)
According to Apple, only 38 developers have applied to add such links — out of roughly 65,000 that could.
Biden’s Plan to Hit China With More Tariffs Is Mostly Symbolic (www.bloomberg.com)
archive.ph/mDdps
Microsoft’s Xbox Is Planning More Cuts After Studio Closings (www.bloomberg.com)
Without paywall: archive.ph/e7Fgt
Google’s Pixel Leaves Little Room to Breathe for Sony Phones - Bloomberg (www.bloomberg.com)
cross-posted from: lemdro.id/post/8675186
Microsoft’s Xbox Is Planning More Cuts After Studio Closings - Bloomberg (www.bloomberg.com)
Others across the Xbox organization have been told that more cuts are on the way.
Bloomberg - Microsoft’s Xbox Is Planning More Cuts After Studio Closings (www.bloomberg.com)
Xbox is offering voluntary severance agreements to producers, quality assurance testers and other staff at ZeniMax as part of a broader cost-cutting initiative
Americans Are Racking Up 'Phantom Debt' That Wall Street Can't Track (www.bloomberg.com)
Consumers have embraced ‘Buy Now, Pay Later’ products that allow them to pay for purchases in installments, but it’s not clear how many of these loans are out there....
Xi Says China Will ‘Never Forget’ the US Bombing of Its Embassy (www.bloomberg.com)
Russians Who Fled Abroad Return in Boost For Putin’s War Economy (www.bloomberg.com)
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Turkey Halts All Trade With Israel, Officials Say (www.bloomberg.com)
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Argentina’s Monthly CPI to Fall Below 10% in April, Milei Says (www.bloomberg.com)
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Javier Milei Fuels Wild Rally That Makes Peso No. 1 in World (www.bloomberg.com)
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Turkey Halts All Trade With Israel Over War in Gaza (www.bloomberg.com)
Trade between the two countries was worth $6.8 billion in 2023...
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Take-Two Interactive shuts down the Studios behind Kerbal Space Program and Rollerdrome (www.bloomberg.com)
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President Petro Says Colombia to Cut Diplomatic Ties With Israel (www.bloomberg.com)
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De-Dollarization Is Happening at a ‘Stunning’ Pace, Jen Says (www.bloomberg.com)
archive.ph/vzYFB
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Indonesia Plans to Offer Dual Citizenship to Halt Brain Drain (www.bloomberg.com)
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Huawei’s New Phone Sports Latest Version of Made-in-China Chip (www.bloomberg.com)
archive.is/SJuxq
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Russian Forces Make Advances as Ukraine Awaits Fresh US Weaponry (www.bloomberg.com)
archive.ph/AyRmJ
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US Agencies Say Putin Didn’t Order Navalny’s February Death (www.bloomberg.com)
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