Your Evening Briefing
Your Evening Briefing
(Bloomberg) --
Carlos Ghosn’s vanishing act couldn’t have come at a worse time for Nissan. With profits at decade lows and its stock tanking, the automaker is rife with internal divisions. Now, its former CEO-turned-international fugitive has tales to tell and scores to settle.
Here are today’s top stories
There’s one easy financial prediction to make for 2020: Investors are going to earn a lot less money. Bloomberg News is back with its digest of research notes for the year ahead.
On Thursday, stocks climbed to record highs (yet again) and U.S. jobless claims fell to a four-week low. But a tight job market stopped meaning higher wages long ago, since most new American jobs are in the service industry and pay little.
Amazon employees who pushed the e-commerce giant to combat climate change said they were threatened with termination if they continued to speak out. The company, controlled by billionaire Washington Post owner Jeff Bezos, had stopped short of the kind of renewable energy commitments and transparency promised by other large tech and logistics companies. Bezos later proposed making the company, which ships packages all over the world on a daily basis, carbon neutral by 2040.
The Food and Drug Administration said it would ban fruit and mint flavored vaping cartridges that have been blamed for getting millions of children hooked on e-cigarettes—but there are exceptions. The industry successfully lobbied to water down a tougher proposal, warning that President Donald Trump otherwise risked alienating his supporters.
Prime Minister Scott Morrison’s handling of Australia’s unprecedented wildfire crisis (he took a trip to Hawaii after declaring a national disaster) abruptly ended his political honeymoon.
Brexit. Bigly. Fiscal cliff. Hipster antitrust. You can learn a lot about the decade we just got through by recalling the language we used to describe it. Bloomberg Businessweek presents the 58 phrases that defined the era.
What’s Joe Weisenthal thinking about? The Bloomberg news director says 2020 could be the year when emerging market stocks make some serious gains.
What you’ll need to know tomorrow
- Google says AI can spot breast cancer better than doctors.
- The dollar had an awful December. Things may only get worse.
- Kim Jong Un gives up hope that Trump will lift sanctions.
- Florida may have more Congressional seats than New York.
- Congress is in a standoff over Trump impeachment trial rules.
- Women directed a record amount of major films last year—just 11%.
- Bloomberg Opinion: What is Trump's approval rating telling us?
What you’ll want to read in Bloomberg Pursuits
Bloomberg tapped its network of globe-hopping editors and far-flung correspondents to deliver two dozen inspiring spots that will be particularly enticing this coming year.
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