Bloomberg and Carney Announce Growing Support for Climate-Focused Financial Taskforce

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Bloomberg and Carney Announce Growing Support for Climate-Focused Financial Taskforce

On the two-year anniversary of the Paris Agreement, 237 companies with a combined market capitalisation of over $6.3 trillion have publicly committed to support the Bloomberg-led Task Force on Climate-related Financial Disclosures (TCFD). This includes over 150 financial firms responsible for assets
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T-Mobile to Buy Layer3 TV in Preparation for Video Service

Barring a major fourth-quarter comeback, 2017 is on course to be the worst year for conventional pay-TV subscriber losses in history, surpassing last year's 1.7 million, according to Bloomberg Intelligence. Even including digital plans like DirecTV Now, the five biggest TV providers are projected to have
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Bitcoin Points Way to 'Massive Change' for Commodity Businesses

While the bitcoin market relies on blockchain to transmit and store the value of each token, the transparent tracking technology has “much greater potential” across businesses that increasingly need to store and exchange massive amounts of data, Bloomberg New Energy Finance said in a Sept.
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EU Draws Brexit Battle Lines for Banks

The bloc's leaders will say on Friday that they will “calibrate” their approach to the future relationship in light of the decision to leave the single market and the customs union, according to a draft of their conclusions obtained by Bloomberg. They will also invite the U.K. to lay out its plans for the future
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Famed Short-Seller Jim Chanos Says Tesla Headed for 'Brick Wall'

Tesla Inc., a perennial target of short sellers, “is headed for a brick wall,” investor Jim Chanos said. “Every bull market has its poster children,” the president and founder of hedge fund Kynikos Associates Ltd said at an event in Detroit. “Tesla is one of the bad ones.” Chanos has been public about his
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