December 22, 2024

Bloomberg Daybreak Asia. Live from New York and Hong Kong, bringing you the essential stories from the close of the U.S. markets to the open of trading across Asia.
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Oil theft known as “bunkering” and the refining that comes with it are sickening and killing Nigerians living amid the pollution. It’s also creating one of the world’s most severe ecological disasters.
Retailers Urge UK Police to Prioritize Shoplifting as Costs Rise
UK House Sales Decline as Soaring Inflation Cuts Into Demand
Tencent-Backed China Health Information Unicorn Censored Online
Cisco Hit by Cyberattack From Hacker Linked to Lapsus$ Gang
Musk Says Twitter Hiding Witnesses He Needs in Buyout Fight
IRS Seeks SFOX Customer Information in Cryptocurrency Tax Push
Narcos Set Fire to 25 Femsa Convenience Stores in Mexico
A Chance to See Serena Williams in the US Open Could Cost $12,000
British Billionaire Mike Ashley’s Company Owed £64 Million by Close Family Member
Wake Forest QB Hartman Out Indefinitely With Medical Issue
Bengals’ Joe Burrow Still Healing, No Timetable for Return
China Says Taiwan Can Be Just Like Hong Kong. Huh?
Using Climate Change as a Weapon Will Backfire on China
Beware the Zombie Meme Stocks
The Work-From-Home Revolution Is Also a Trap for Women
How Employers Benefit From Offering Unlimited Paid Time Off
The Rise of the LinkedIn B2B Influencer
City of London Must ‘Urgently’ Tackle Class Divide, Report Says
NYC Luxury Condo ‘Poor Door’ Racial Bias Suit Tossed by Judge
Ja Rule Joins Celebrity NFT Ranks With HBCU Donation
California Sets Ambitious Goal to Get Power From Offshore Wind
Rhine River Could Fall Below Critical Mark, Risking Industry
The Technology That Could Stop Speeders in Their Tracks
Bedrock, USA: A County Declares the End of the Pandemic
Gainesville, Florida, Moves to End Single-Family Zoning
Ja Rule Joins Celebrity NFT Ranks With HBCU Donation
IRS Seeks SFOX Customer Information in Cryptocurrency Tax Push
US Supreme Court Refuses to Fast Track Coinbase Arbitration Dispute
Cash-out refis enable newbie investors to buy second or third houses— or more — to capitalize on surging rental demand.
Jordan Pavao, a construction laborer, at one of his three three-family homes in Fall River, Massachusetts, on March 20.

The U.S. housing boom is creating a new class of real estate tycoons with an easy source of financing: their own homes.
Soaring prices have showered property owners with record equity windfalls, sending cash-out refinancings to levels not seen since the peak of mid-2000s housing frenzy. For some people, that means cash for a remodel or vacation. But others are putting that money to work by buying second, third or even 10th houses. 

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