What’s an ‘E-shaped’ economy — and where do you fit in it?
The middle class is at the center of the changing shape of the economy. Here’s what you need to know.
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How Iran Is Leveraging Its Chokehold on the Strait of Hormuz
Maritime traffic through the Strait of Hormuz — a vital route for exports of oil, natural gas and other commodities from the Persian Gulf — remains severely constrained more than a month after the US and Israel launched strikes against Iran.
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National Bank Is Open for Dealmaking After Vista Buyout
National Bank Holdings Corp. Chief Executive Officer Tim Laney says “we will continue to have conversations” about possible takeover targets after the acquisition of Dallas-based Vista Bancshares. He and National Bank Chair John Steinmetz, Vista’s former CEO, speak with Bloomberg’s Julie Fine. (Source: Bloomberg)
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Trump urges other nations to ‘take’ the Strait of Hormuz. Here’s who has the most at stake.
President Trump is urging other nations to launch their own missions to control the Strait of Hormuz, a move that would benefit one area of the world the most.
The Three ‘Cs’ of Cash, Confidence and Cheap Gas
One way of looking at spending and higher oil prices.
Barrick Forms New Leadership Group to Pursue North American IPO
Barrick Mining Corp. has formed an executive leadership team for its North American operations as the gold producer advances plans to pursue an initial public offering for the business.
Air Canada CEO’s French Fiasco Touches a Nerve in Restive Quebec
Air Canada’s CEO Michael Rousseau is stepping down following blowback from a video statement he gave — almost entirely in English — after an Express plane collided with a fire truck at LaGuardia airport on March 22. Mathieu Dion explains why the CEO’s lack of a French apology led to this moment (Source: Bloomberg)
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ServiceNow’s stock is having its worst quarter on record. What comes next?
Analysts think ServiceNow can improve performance later this year as early AI adopters stock up on more credits and as some pandemic-era contracts come up for renewal.
Hormuz Flows Tick Up for Iran-Approved Ships Amid Gulf Blockade
The number of vessels transiting Hormuz with their signals on is ticking gently higher, even as the waterway remains effectively closed to most commercial shipping without clearance from Iran.