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Jack Dorsey Steps Down as Twitter CEO, Replaced by CTO Parag Agrawal

Jack Dorsey, the co-founder and chief executive officer of Twitter Inc., is stepping down, ceding the position to the company’s chief technology officer Parag Agrawal. The move is effective immediately, though Dorsey will stay on...

By Ed Hammond / Bloomberg November 29, 2021

Omicron May Fuel Surges, WHO Warns Amid Transmission Concern

The Geneva-based WHO assessed the variant’s risk as “extremely high” and called on member states to test widely.

By Loni Prinsloo and Jason Gale / Bloomberg November 29, 2021

Airlines Scramble to Cope With Omicron Coronavirus Variant

A slew of new travel restrictions is recalling the earlier days in the pandemic

By Siddharth Philip / Bloomberg November 28, 2021

Europe’s Energy Crisis Is About to Get Worse

A super price spike in the U.K. last month forced some industrial companies to cut production and seek state aid

By Rachel Morison / Bloomberg November 28, 2021

Moderna Aims for Vaccine for Omicron Variant in Early 2022

Moderna Inc. Chief Medical Officer Paul Burton said he suspects the new omicron coronavirus variant may elude current vaccines, and if so, a reformulated shot could be available early in the new year.“We should know...

By Bloomberg November 28, 2021

Oil Crashes More Than $10 as New COVID Variant Roils Markets

Oil traders and analysts were divided about whether the flash crash was an excessive reaction to the covid news

November 27, 2021

Demand and Inflation Increase as Black Friday Discounts Fade

“The chaos of past Black Fridays would actually be problematic given the inventory scarcity"

By Brendan Case, Jordyn Holman and Jeannette Neumann / Bloomberg November 27, 2021

Paris Plans Electric Flying Taxi Routes in Time for Olympics

France will begin testing electric air taxis in coming months at a hub outside Paris with the goal of having two dedicated flight paths to ferry passengers in time for the 2024 summer Olympics. One...

By Tara Patel/Bloomberg November 25, 2021

Why Sweden’s First Female Prime Minister Resigned Just Hours After Her Appointment

"I don’t want to lead a government whose legitimacy might be questioned," Magdalena Andersson said.

By Niclas Rolander/Bloomberg November 25, 2021

Jamie Dimon Offers Hasty Apology After Joking JPMorgan Will Outlast Chinese Communist Party

The mea culpa underscores the bank's desire to keep cordial relations in China, where it has nearly $20 billion of exposure and has ambitions to expand further.

By Hannah Levitt/Bloomberg November 24, 2021
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