November 21, 2024

The only daily news program focused exclusively on technology, innovation and the future of business from San Francisco.
Simulcast of Bloomberg Television
Gina Champion-Cain was a pillar of the San Diego business community. She also happened to be running one of the largest Ponzi schemes of all time.
Hong Kong Hasn’t Decided on Hotel Quarantine Cut, Lee Says
Soft Landing for India Means Fast, If Not Fastest, Growth
Emmys Latest | Michael Keaton Wins First Award of the Night
Peloton Founders Leaving Fitness Company in Latest Shake-Up
Starbucks Offers New Savings, Loan Perks for Non-Union Cafes
Indonesia Set to Pass New Data Privacy Law After Spate of Leaks
Nintendo Surges After Record Debut of New Switch Game
Peloton Founders Leaving Fitness Company in Latest Shake-Up
DoJ Subpoenas Dozens of Trump Allies In Jan. 6 Investigation
Xi, Putin Building ‘More Just’ World Order, Top China Envoy Says
Private-Equity Billionaire Robert Smith Will Face Credibility Test at Lawyer’s Trial
Voyager Customers With Frozen Savings on ‘Edge of Seat’ Ahead of Auction
‘Succession,’ ‘White Lotus’ Deliver Early Emmy Wins for HBO
Renowned Jazz Pianist Ramsey Lewis Has Died, Age 87
My Loss of Freedom Is Feeding Hong Kong’s Viral Economy
Tourists Will Love the Yen. Will Japan Love Them Back?
Ukraine Just Punched Its Bully in the Nose. Now What?
Dry Cleaners Were Disappearing Even Before the Pandemic
Google’s Loon Project Gets Resurrected. Without Google. Or Balloons
Startups Are Borrowing More as the Easy Venture Capital Money Vanishes
Thousands of Nurses Strike in Minnesota Over Staff Shortages
Liverpool Dockworkers Reject Pay Offer, Plan Strike Next Week
Emmys Latest | ‘Succession’ Keeps Winning All in the Family
Manchin Enlists Oil CEOs to Get GOP Support for Permitting Bill
A Coalition of Tech Founders Bets Big on Public Infrastructure
To Reduce Labor Shortages, Chicago Tries to Ease the Path From Prison Into Jobs
The US Has No Early Childhood Infrastructure. Libraries Are Picking Up the Slack
Crypto Traders Hedge Against Ether Disappointment Ahead of Merge
Crypto Trade Group for Circle, Kraken Seeks Clout With PAC to Spread Cash Haul
Novogratz Says Fidelity to Shift Retail to Crypto Soon

A valuation bulwark that had supported stocks relative to credit is starting to erode.
The model compares profit streams with interest rates. It shows the S&P 500’s earnings yield, the reciprocal of its price-earnings ratio, at around 5% now trails the rate from a lower tier of 10-year investment-grade bonds for the first time in more than a decade, according to Morgan Stanley data. 

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