Bloomberg’s Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide in-depth research and data on more than 2,000 companies and 130 industries.
We take a look at an electric-powered surfboard, and then ponder the threat posed to marine wildlife by plastic in the world’s oceans. And last, we show you how to make your own high-quality wooden board.
Your Saturday Briefing: Movers and Shakers
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Musk Is Seeking New Twitter Investors at Same Price He Paid
Peru President Rules Out Resigning, Asks For Early Vote
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PulteGroup Fires Exec Accused of Defamation By Founder’s Heir
Michael Burry Says Crypto Audits Are ‘Essentially Meaningless’
Iran Authorities Arrest Actress of Oscar-winning Movie
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Connecticut Transgender Athletes Beat Court Challenge From Females
NYC Uber Drivers to Strike Monday After Judge Blocks Pay Raises
UK Temperatures to Jump to as High as 14C on Monday
COP15 Isn’t Moving Fast Enough for Canada’s Activist Minister
Young Taiwanese Breathe New Life Into Villages Once Home to War Vets
Nevada’s Unemployment Rate Jumps to Highest in the US at 4.9%
Doctors Are Taking on the Next Public Health Crisis: Mass Shootings
Crypto.com’s World Cup Win Is Overshadowed by FTX Industry Chaos
Binance, Alone at the Top After FTX, Stirs ‘Too Big to Fail’ Crypto Worry
This Week in Crypto: SBF Arrested (Podcast)
Carly Wanna
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Bitcoin dropped back below $17,000 and several smaller cryptocurrencies referred to as altcoins posted significantly steeper declines as concern increases that the digital-asset market’s woes are far from over.
The largest token dropped as much as 3.7% to $16,762 on Friday. Earlier in the week, Bitcoin reached its highest price since Sam Bankman-Fried’s crypto empire filed for bankruptcy last month. On Friday, Ether declined as much as 6.3%, while other altcoins like Avalanche and Solana dropped as well.
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