January, 2022

• 8 January

  Greece to help people pay higher energy bills

  

    Bloomberg Greece is extending measures designed to help households and businesses pay their power and gas bills in January as the surge in energy prices shows no sign of let up. “The government will support households, farmers and also businesses against the global turmoil in energy prices for another month,” Prime Minister Kyriakos Mitsotakis said on Friday. While the ...

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• 8 January

  The West needs to think beyond Vladimir Putin

  

    The riots in Kazakhstan that brought down its government on January 5 are just the latest sign of tension under the muddy ice crust into which the core post-Soviet authoritarian regimes have congealed — the same crust that broke in Ukraine in 2014, cracked but held in Belarus in 2020 and grew so thick in Russia last year that ...

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• 8 January

  Finance hubs are becoming obsolete

  

    Stand on the steps of The Royal Exchange in the heart of the City of London and you can picture the churn of people 200 years ago or more in what was becoming the world’s preeminent financial hub. Stock jobbers, traders and financiers would stream between its great limestone columns with the Bank of England to one side and ...

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• 8 January

  Three steps to yield financial happiness

  The New Year could bring a new you. Despite what the poets say, money, or at least financial security, can be one of the most important steps toward happiness. On the other hand, money mismanagement and debt can result in financial anxiety, which can cloud decision making and lead to a bad cycle. There are three basic moves those who ...

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• 8 January

  Apple’s $3trn valuation should unnerve investors

    Apple Inc became the first publicly traded company valued at $3 trillion, touching the historic milestone briefly after a weeks-long rally in its stock price. Yet for investors looking for a surefire bet as 2022 gets under way, the sudden surge ought to give them pause. The climb has been striking. Since mid-November, as major stock indexes have stayed ...

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• 8 January

  Airbus facing $340 million lawsuit over bribery scandal

  

    Bloomberg Airbus SE is facing a 300 million euro ($340 million) lawsuit from a group of investors over allegations it failed to properly disclose a sprawling corruption scandal and subsequent settlement. The lawsuit, filed in the Netherlands, was served against the French aircraft maker, its auditors as well as current and former executives, according to an emailed statement sent ...

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• 8 January

  Meme stocks surge with retail investors dipping back in after slump

  

    Bloomberg Renewed retail investor demand and quarterly results from Bed Bath & Beyond Inc. weren’t enough to lift beaten down meme stocks as the group resumed declines after a volatile session. A basket of so-called meme stocks tracked by Bloomberg extended a three-day losing streak even as Bed Bath & Beyond jumped 8% after its adjusted gross margin in ...

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• 8 January

  Walmart halves paid leave for workers testing Covid positive

  

    Bloomberg Walmart Inc. is cutting paid leave in half for workers who test positive for Covid-19 or have to quarantine after exposure to the virus, offering only one week through March 31 rather than two. Employees who catch Covid and are unable to return to work after a week may be eligible for pay replacement for as long as ...

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• 8 January

  Alaska Air cuts January flights on ‘unprecedented’ sick calls

    Bloomberg Alaska Airlines cut 10% of its remaining January flight schedule as an “unprecedented” level of employees unable to work because of the Omicron coronavirus variant undercut its ability to operate reliably. “Right now, we need to build more reliability back into our operation as we deal with the impacts of Omicron and during a time when guests generally ...

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• 8 January

  Omicron’s spread means more food outages at US stores

  

    Bloomberg The highly contagious Omicron virus variant is disrupting already stressed food supply chains, sickening so many workers that more shortages at grocery stores are all but certain. Supermarkets have been struggling to keep food fully stocked throughout the pandemic as a result of labor shortfalls in every part of the food system, from farms to manufacturers to distributors. ...

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