Romaine Bostick breaks down the day’s top stories and trading action leading into the close.
Bloomberg Chief Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.
If a green pivot is to happen, power grids must become “supergrids,” continent-spanning networks that can move green energy thousands of miles. The technology is here, but politics may stand in the way.
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Fed Officials Split on Support for More Hikes, Minutes Show
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World’s Richest Man Down But Not Out in Beverly Hills Plan
Kindred Speeds Up Sale Plans After Executives Quit
Microsoft Appeals UK Decision to Block Activision Mega Deal
Meta’s ‘Efficiency’ Layoffs Take a Toll on Employee Productivity
Amazon’s Answer to ChatGPT Seen as Incomplete
Ron DeSantis Enters 2024 Presidential Race
US State Department’s Top China Official Is Stepping Down
Fundrise Seeks $500 Million Credit Fund for Real Estate Distress
Canada’s Homebuyers Need Help From ‘Bank of Mom and Dad’
Tina Turner, Rock Star Who Overcame Turbulent Life, Dies at 83
World’s Richest Man Down But Not Out in Beverly Hills Plan
Debt Is Trickier Than Equity
Yes, Ron DeSantis Can Recover and Win
The Spike in Child Mortality Won’t Go Away on Its Own
Canada Wildfires Raise Threat of Another Oil-Sands Shutdown
There’s Still Scary Stuff in Sunscreen
The Biggest Challenge for Twitter’s New CEO Will Be Managing Elon Musk
UK SPAC Deal Derailed on Claims of Abusive Investor Behavior
Tyler Perry Battles for $3 Billion BET Business With Shaq and Other Black Stars
Zimbabwe Bids to Be Africa’s Carbon Credit Trading Center
Biden Taps Energy Department to Find Climate-Friendly Alternatives for Jet, Shipping Fuels
Texas AG Ken Paxton Accused of Corruption by State Investigators
The Parking Reform That Could Transform Manhattan
How the Low-Rise Échoppe Homes of Bordeaux Went Upmarket
Crypto Mogul Do Kwon’s Bail Is Revoked in Montenegro
Hong Kong Tackles a Talent Crunch for the ‘Hardest Position to Fill’ in Crypto
Bitcoin Hovers Near $27,000 for Third Week During Debt Debate
Lisa Pham
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Ocado Group Plc, an online grocer and maker of automated warehouses, is on track to be booted out of the UK’s top equity index in what would be another blow to the country’s goal of becoming a technology hub by 2030.
The market value of Ocado has fallen so much that its set to be deleted from the UK’s FTSE 100 Index in the latest review, according to indicative results announced Tuesday by London Stock Exchange Group Plc’s FTSE Russell unit. Engineering company IMI Plc could join the index, the firm said.
