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Irma weakens as it heads past Tampa, cutting damage forecast

Bloomberg Hurricane Irma weakened as it moved past Tampa, leaving in its wake at least 4.7 million without power and millions temporarily displaced. The center of the system was expected to weaken to a tropical storm this morning and a tropical depression by Tuesday afternoon, the National Hurricane center said in an advisory. A storm surge warning was discontinued for ...

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London still tops financial centers list despite Brexit

Bloomberg London retained its crown as the world’s top financial center in a ranking that surveys industry professionals, extending its lead over New York and Hong Kong despite ongoing uncertainty about the implications of Brexit. The UK capital fell only two points in the latest Global Financial Centres Index published by Z/Yen and the China Development Institute, the smallest decline ...

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Fitness tracking startups worried over European privacy regulators

Bloomberg Startups hoping to sell health tracking devices and software to corporate customers are worried European regulators will torpedo their business model. Employers should be banned from issuing workers with wearable fitness monitors, such as Fitbit, or other health tracking devices, even with the employees’ permission, a European Union advisory panel said in June. Employers should also be barred from ...

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