Hundreds of private equity firms are lumbering on years after their funds’ intended twilight with no new fundraising in sight — a cohort investors and regulators dub “zombies.”
They saddle pensions with tough choices:
bloomberg.com/news/features/…@Layanmazenodeh@theLinlyShow
From our reporting and analysis: The average worker in New York City is spending $4,661 less per year on meals, shopping and entertainment near work as a result of the new three-day workweek bloomberg.com/graphics/2023-… via @business
Worth noting that it doesn't translate to $4.6k extra in people's savings account. Some money is saved; some is spent elsewhere.
Office hubs like Manhattan are feeling the pinch. A big question mark lingers - what's the future of big cities as people persist in working remotely?
US cities leaders and Asian-American communities are mobilizing to protect Lunar New Year celebrations this week after two separate mass shootings in California bloomberg.com/news/articles/… Reporting with @ellaceron & @amyyeewrites
Why there’s a shortage of gelatin? Because not as many cattle are being slaughtered… because not as many cars are being made following a chip shortage. The demand for cow’s hides to make automotive leather has gone down. OMG! #podcastnotespodcasts.google.com?feed=aHR…
Our exclusive Bloomberg News analysis offers clues on the value of startups backed by hedge funds' billions. The findings aren't reassuring.
A months-long collaboration effort with @parmarhema & @NBuhayarbloomberg.com/graphics/2023-…
I remember myself gasping when I was peeling off the US overdose death data layer by layer -- "Gosh! It's all fentanyl."
Our months-long effort resulted in this in-depth story explaining the status quo of the latest wave in the US opioid crisis. bloomberg.com/graphics/2022-…
Earlier this year, a couple of us @Business sat down to try and make sense of what's been going on with the US opioid crisis over the last few years.
We noticed something curious. In 2018, for the first time in two decades, US overdose deaths actually *declined.*
A thread:
So glad to be a winner of this year’s British Journalism Award! #BJA2022 I’m super thankful for the wonderful collaboration with my colleagues and the power of big data analysis that made this great investigative reporting possible.
Congratulations to winners of the Crime & Legal Journalism category Linly Lin @theLinlyShow Stefania Spezzati @stespezzati and @ElisaMartinuzzi at Bloomberg @business for their “blockbuster investigation into massive taxpayer funded fraud” #BJA2022
Private equity, an industry that has long escaped scrutiny in Washington DC, has become a target for Biden’s regulators bloomberg.com/news/articles/… via @BW
When corporate giants proclaim massive greenhouse gas emission cuts, be skeptical. @ben_elgin and I write about an accounting loophole that companies use to buy cheap credits to claim cuts that don't really help the environment. Analysis using @CDP data. bloomberg.com/news/features/…
America has a lot more older politicans these days, but company boards are actually getting younger, according to my team's exclusive data analysis.
bloomberg.com/news/articles/…
In full: British Journalism Awards shortlists 2022 and a showcase of all the finalists. Congratulations to everyone shortlisted!
pressgazette.co.uk/british-j…
Such a great honor to be shortlisted with @stespezzati and @ElisaMartinuzzi for the British Journalism Awards! Our journalistic investigation exposed how millions of UK taxpayer money was loaned to firms with dubious credentials during Covid. bloomberg.com/news/articles/…
Just how bad 2022 has been for the markets and tech firms? A look into the status quo of US IPOs, based on my data crunching: California has been generating the most IPOs of any US state every year since 2003. That streak could end this year. bloomberg.com/news/articles/… via @markets
One hundred years ago, the Osage Nation had tremendous land and wealth. “In Trust” is the story of the tribal nation’s efforts to recover what was lost, sold and stolen.
Listen to the new podcast from Bloomberg Investigations September 6: trib.al/tsunMnV