Bloomberg Surveillance: Early Edition with Francine Lacqua live from London, bringing insight on global markets and the top business stories of the day.
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In Chicago, a 10-year-old creates care packages that include everything from food to socks and toiletries for the homeless. Then there’s the young man who, looking to address the problem of sour candy that disappoints, becomes an online influencer who builds a business around his own candy line.
European Gas Prices Increase as Winter Supply Risks Loom
China’s First White Paper on Taiwan Since Xi Came to Power — In Full
Ahold Delhaize Postpones IPO for Dutch Online Unit Bol.com
SoftBank Buyout Talk Resurfaces After Record Loss Piques Market
Deliveroo’s Loss Beats Estimates on Higher Fees, Ad Sales
Ukraine Latest: Zelenskiy Vows to Free Russian-Occupied Crimea
Sri Lanka Presents Plan in Parliament to Cut President’s Powers
Bankers Turned Billionaires for an Instant, Then Came 89% Crash
Musk Sells $6.9 Billion of Tesla to Avoid Twitter Fire Sale
Cathay Pacific Losses Narrow as COVID-19 Restrictions Ease
British Open Champ Cameron Smith Silent on $100 Million Move to Saudi-Backed LIV Tour
Draghi Isn’t Coming to Italy’s Rescue Anymore
What’s Missing From Bond Markets, No Matter the CPI
A US-China War Over Taiwan Isn’t Happening Anytime Soon
How Employers Benefit From Offering Unlimited Paid Time Off
The Rise of the LinkedIn B2B Influencer
Facebook Is Still Making Billions as Zuckerberg Hits the Panic Button
Schools Can Reject Students’ Gender Preference, UK Attorney General Says
Facebook User’s Messages Bring Abortion Charges in Nebraska
Los Angeles Passes Ban on Homeless Camps Near Schools, Daycares
Rhine River Withers to Crisis Level as Europe Thirsts for Energy
Blinken Says Congo Needs Funding to Protect Forests, Peatlands
Gainesville, Florida, Moves to End Single-Family Zoning
This Entrepreneur Is Betting the Future of Retail Runs on the Blockchain and Discord
The Baton Rouge Secession Attempt That Could Defund the Police
Coinbase Disappoints With User Forecast, Revenue Miss
CoinFlex Crypto Exchange Files for Restructuring in Seychelles
This Entrepreneur Is Betting the Future of Retail Runs on the Blockchain and Discord
ByteDance Ltd. has traded in recent weeks at valuations well below $300 billion, down at least 25% from last year after investors cashed out of the social media giant with its IPO now on ice.
Investors have been buying shares in China’s biggest startup at valuations as low as $275 billion, people with knowledge of the deals said. In one case, a prospective buyer negotiated the seller down to $280 billion before eventually pulling the plug, one of the people said. Some investors have offered as low as $250 billion though there’s still a wide gap between many potential buyers and sellers, they said, asking not to be identified describing undisclosed transactions.