How an American City Can Become a Manufacturing Hub
A conversation with the mayor of Allentown, Pennsylvania.
A conversation with the mayor of Allentown, Pennsylvania.
Alex Rodriguez and Jason Kelly talk with AJ Andrews on baseball’s momentum, softball’s growth and why storytelling and authenticity are key to building the next generation of fans. (Source: Bloomberg)
The residents of Allentown are still sore about that Billy Joel song. While it’s true the Pennsylvania city became synonymous with deindustrialization after the US steel industry began its decline in the 1970s, Allentown should be known for more: In the 1950s, for instance, some of the first mass-produced transistors were made in the city, which were the precursor of today’s semiconductors. The city is also a unique logistics and e-commerce hub — it’s a day’s drive from nearly 40 percent of the
Defensive investment strategies can help investors stay calm when markets fall and uncertainty rises. With the right plan, you can reduce risk without abandoning long-term growth.
UBS Group AG was fined €6 million ($7 million) in Monaco over weak anti-money laundering controls, including filing a report 253 days after a suspicious transaction.
PB Fintech expects sustained growth as insurance penetration in India continues to expand. Yashish Dahiya, Chairman and Group CEO of PB Fintech and Founder of PB Health, spoke exclusively on Insight with Haslinda Amin about his outlook for the company. (Source: Bloomberg)
Farid Belbouab, Group CEO of global port and logistics operator Gulftainer, highlights how cargo is continuing to move through alternative corridors at a time when supply-chain resilience has become critical. He explains that Gulftainer is scaling from about 2,000 containers per week to 50,000. Belbouab speaks with Haslinda Amin on “Insight with Haslinda Amin.” (Source: Bloomberg)
When Saudi Arabia unveiled plans in 2023 for a new airline that could take on regional champions Emirates and Qatar Airways, the aviation industry was back in full swing after the pandemic, with packed planes driving fares higher and lifting profits to a record.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” (Source: Bloomberg)
A strong earnings season is hiding tougher times ahead for European stocks as the effects of the Iran war make it harder for companies to meet lofty profit expectations in the quarters to come.