Oil for Less Than Nothing? Here's How That Happened

Oil for Less Than Nothing? Here's How That Happened

What happened when Tracy Alloway of Bloomberg News tried to buy an actual barrel of crude oil. Published on April 20, 2020, 2:58 PM PDT Updated
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North Korean Capital Sees 'Panic Buying' of Food, NK News Says

Consumers in North Korea's capital this week have been “panic buying” food staples, causing some store shelves to empty, according to a news
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Google Makes Listing Products on Its Shopping Service Free

Bloomberg's daily technology newsletter is chronicling the impact of … to Amazon.com Inc. as the Covid-19 pandemic drives more consumers online.
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UK Starts Human Trials of Coronavirus Vaccine on Thursday

“In the long run, the best way to defeat coronavirus is through a vaccine,” Hancock told the government's daily news conference. “The U.K. is at the
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NYC to Serve 500000 Free Halal Meals to Muslims During Ramadan

“One of Ramadan's most noble callings is to feed the hungry,” de Blasio said during a Thursday news briefing. “To remember to be there for those in
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Magic Leap Cuts Half of Jobs In Major Restructuring

… the earlier Bloomberg News report. Abovitz said that the company made “the difficult decision to lay off a number of employees across Magic Leap,”
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Trump Sows Uncertainty With Green Card Ban and Hints at More

An early draft of the executive order obtained by Bloomberg included … a reasonable emergency measure,” Cruz told Fox News on Tuesday.
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New York Finds Virus Marker in 13.9%, Suggesting Wide Spread

Commuters wait on a subway platform in the Brooklyn borough of New York on April 22. Photographer: Nina Westervelt/Bloomberg
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FDA Says Smokers May Have Higher Risk of Catching Covid-19

… that causes Covid-19, and may have worse outcomes from Covid-19,” the agency said in an emailed response to a question from Bloomberg News.
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US Debt to Surge Past Wartime Record, Deficit to Quadruple

The loans are aimed at keeping financial markets functioning, as well as helping companies and local governments survive the crisis. The loans are
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Apple Aims to Sell Macs With Its Own Chips Starting in 2021

That gave the company's engineers confidence they could begin replacing Intel in Macs as early as 2020, Bloomberg News reported. Read more:
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What an Oil ETF Has to Do With Plunging Oil Prices

A Bloomberg Opinion column on the risks of oil ETFs. A Bloomberg News article on how negative oil prices are leading some traders to rewrite risk
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Making the Fed's Money Printer Go Brrrr for the Planet

These coins would trade on currency-exchange markets, and the central banks would set a floor value, perhaps by issuing long-term bonds for
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Shunned by US, Huawei Winning China's $170 Billion 5G Race

… more than half of the 5G contracts awarded by the operator during the period, according to an analysis of procurement data by Bloomberg News.
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Motorola Launches 5G Phones, Highlighting Missing IPhone Feature

… preparing a new iPad Pro-like design for its phones, featuring sharper edges and LIDAR sensors for some models, Bloomberg News has reported.
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Small-Business Rescue Shows Not All States Are Created Equal

Bloomberg Markets · Bloomberg Technology · Bloomberg Pursuits · Bloomberg Politics · Bloomberg Opinion · Bloomberg Businessweek · Bloomberg
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McConnell Says He Favors Letting States Declare Bankruptcy

Mitch McConnell speaks during a news conference in Washington, D.C. on April 21. Photographer: Sarah Silbiger/Bloomberg. The host cited California,
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