Neil Harbisson is an artist and a cyborg that has an antenna in his skull that allows him to hear colour.
Neil Harbisson is an artist and a cyborg that has an antenna in his skull that allows him to hear colour.
“You need to respect the chair and shut your mouth,” the California Democrat warned.
Priyanka Chopra Jonas, Olivia Culpo, and Emma Roberts are all fans
(Bloomberg) -- Asian stocks look poised to gain after surprisingly robust economic data helped propel U.S. indexes to records. Yields on benchmark 10-year Treasury notes declined.Futures pointed higher in Japan, Hong Kong and Australia. U.S. contracts were steady after all-time highs for equity benchmarks overnight. Real estate, health care and technology shares led gains. The financial sector underperformed amid the slide in bond yields, even after Citigroup Inc. and Bank of America Corp. posted better-than-forecast trading revenue. The U.S. dollar fell for a fourth straight day.Traders suggested international concerns may have helped fuel the rally in Treasuries, with many investors caught positioned for higher yields. The ruble slid as the Biden administration imposed new sanctions on some Russian debt, individuals and entities in retaliation for alleged misconduct related to the SolarWinds hack and the U.S. election.Chinese data will be under the microscope on Friday. The nation is expected to report the highest quarterly economic growth since it began releasing such figures 30 years ago. But investors will need to look beyond that number to assess the state of the economy’s post-pandemic recovery.The latest U.S. numbers show consumer demand -- the engine of American growth -- boosting the recovery in the world’s largest economy, owing in large part to government stimulus. Positive data, along with confidence in the continued support of central banks and some upbeat corporate earnings reports, has helped push equities to all-time highs this week. The rally in government bonds highlights persistent risks, however, with some countries facing spikes in Covid-19 infections and setbacks in their vaccine rollout.The bond market’s surge is “one of the more confusing dynamics in markets” at the moment, said Michael Arone, investment strategist at State Street Global Advisors. “Part of it is that you saw the 10-year make a very rapid move over a very short period of time, so this could be a pause before it starts to move higher again.”Elsewhere, Bitcoin gained and Coinbase Global Inc. fell despite news that three funds at Cathie Wood’s Ark Investment Management bought shares at Wednesday’s debut of the digital-asset exchange. Oil held recent gains, and copper is on course for the best week in about two months.Some key events to watch this week:China economic growth, industrial production and retail sales figures are on Friday.These are some of the main moves in financial markets:StocksS&P 500 futures were flat as of 7:40 a.m. in Tokyo. The index rose 1.1% to an all-time peak.Nasdaq 100 futures were steady after the index gained 1.6%.Nikkei 225 futures added about 0.3%.S&P/ASX 200 futures were up 0.2%.Hang Seng futures rose 0.4% earlier.CurrenciesThe Bloomberg Dollar Spot Index was steady.The euro was at $1.1969.The Japanese yen was at 108.71.BondsThe yield on 10-year Treasuries declined six basis points to 1.58%.CommoditiesWest Texas Intermediate crude was at $63.41 a barrel.Gold traded at $1764.05 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Police shot and killed an individual who began firing indiscriminately at people outside San Antonio International Airport in Texas on Thursday, police said. The person, described as being in his 40s, drove up to Terminal B at about 2:30 p.m. local time and was confronted by a police officer, who had been warned of the vehicle driving the wrong way into the terminal. When confronted by the officer, the man got out of the car and started shooting wildly at the officer, the terminal and behind him, according to San Antonio Police Chief William McManus.
The Last Vegas Raiders cut two members of Jon Gruden's first draft class in his second stint as coach, waiving defensive linemen Maurice Hurst and Arden Key before their fourth seasons with the team. The Raiders made the moves Thursday after signing several other defensive linemen in free agency this offseason in hopes of improving a struggling defense. The Raiders took Key with one of their two third-round picks in 2018 and used a fifth-round pick on Hurst in hopes that they would be fixtures on the line.
It has been 30 years or so since residents in New Mexico's largest city last saw their stretch of the Rio Grande go dry. Federal water managers released their annual operating plan for the Rio Grande on Thursday, and it doesn’t look good. Flows have been meager so far this year because of below-average snowpack in the mountains along the Colorado-New Mexico border that feed the river.
"You can't give us a lifetime of movies then punish the hero who goes for it," one Twitter user protested.
SpaceX is gearing up for its third astronaut launch in under a year, after getting the green light from NASA a week ahead of next Thursday’s planned flight. Managers from NASA and Elon Musk’s space company Thursday cleared the Falcon rocket and Dragon capsule for a dawn liftoff with a crew of four to the International Space Station. The rocket was used to launch the current station crew last November from NASA's Kennedy Space Center.
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Nolan Arenado’s contract was amended when the All-Star third baseman was traded to the Cardinals by the Colorado Rockies, adding a $15 million salary for 2027 to leave him owed $214 million over seven seasons by St. Louis. Colorado would pay St. Louis $51 million, if Arenado decides to keep his entire contract and not opt out early. Arenado had been set to be paid $199 million over the remaining six seasons of a $260 million, eight-year contract he signed with the Rockies: $35 million annually from 2021-24, $32 million in 2025 and $27 million in 2026.
Advocates for children from around the world urged Facebook chief Mark Zuckerberg on Thursday to ditch plans for a version of Instagram geared toward pre-teens.
Aiming to prevent tensions from ‘escalating out of control’ with Putin, president warns: ‘We cannot allow a foreign power to interfere in our democratic process’
The second season of the SailGP global league will be awash in data that will benefit sailors as well as TV viewers, thanks to its association with tech billionaire Larry Ellison, the cofounder of Oracle Corp. Each of the 50-foot catamarans will send 30,000 data points per second to the Oracle Cloud. Oracle Stream Analytics will blend and transform disparate data into one stream, down from the 10 streams SailGP shared in its first season in 2019.
Kansas City Southern (KCS) (NYSE: KSU) announced today that Jeffrey M. Songer has been named to a new position as executive vice president - strategic merger planning and John F. Orr has been named executive vice president - operations.
Body camera footage of a Chicago police officer fatally shooting Adam Toledo, a 13-year-old boy last month shows the officer yelling “Drop it!” at the teen right before he opens fire.
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Labour frontbencher Rachel Reeves said the revelation enlarges ‘the web of the Greensill scandal’.
The punishment inflicted by the United States on Russia for a massive cyber breach, election meddling and other alleged "destabilising activities" is notable. A series of sanctions, diplomatic expulsions and the naming and shaming of Russia's foreign intelligence agency, the SVR, was designed to send a message to President Vladimir Putin that US policy on Russia under Joe Biden will be very different to that of his predecessor. The US move was also backed by an increasingly familiar chorus of support from like-minded allies - including the UK, NATO, Australia and Canada.
‘We see what Russia is doing to undermine our democracies’, foreign minister says
(Bloomberg) -- JPMorgan Chase & Co. sold $13 billion of bonds Thursday, the largest deal ever by a bank, taking advantage of some of the cheapest borrowing costs in years to boost its capital after the Federal Reserve let pandemic relief measures lapse.The deal, which followed the bank’s best quarter ever, hit the market as corporate borrowers continue to see heavy demand for debt that provides a decent premium over Treasuries. Order books grew to about $26 billion, allowing JPMorgan to trim the interest on the debt from the relatively high spreads it initially offered, according to a person with knowledge of the matter.The jumbo offering may have been related to recent changes in regulatory relief for banks, according to Bloomberg Intelligence analyst Arnold Kakuda.Treasuries liquidity disappeared in March 2020. In response, the Fed told banks they didn’t have to factor in Treasuries or deposits when calculating their supplementary leverage ratios, which tells them how much capital to set aside to back up their holdings. That exemption went away two weeks ago.Banks were left in the position of needing to sell Treasuries or add capital, and JPMorgan’s sale of unsecured debt will help it meet total loss-absorbing capacity, or TLAC, requirements, and put the ratio back in balance, Kakuda said.The bank signaled Wednesday that it would do something. “We have levers to manage SLR and we will,” Chief Financial Officer Jennifer Piepszak told analysts on a quarterly earnings call. The company declined to comment further on Thursday.Including today’s sale, JPMorgan has raised $22 billion in the U.S. dollar investment-grade bond market this year, more than any other major U.S. bank, according to data compiled by Bloomberg.“Banks are always going to be hefty issuers, which lends a certain opportunism to tapping the markets especially when funding is still so cheap,” said Jesse Rosenthal, a senior analyst at CreditSights.The longest portion of the five-part offering, a 31-year security, will yield 107 basis points above Treasuries, according to the person, who asked not to be identified discussing a private transaction. The sale follows strong first-quarter earnings, including a 15% increase in fixed-income, currency and commodity trading revenue and a $5.2 billion release from its credit reserves. Rival Goldman Sachs Group Inc. also sold bonds Thursday.The previous largest bond sale by a bank also came from JPMorgan, a $10 billion offering in April 2020, the Bloomberg-compiled data show. JPMorgan is the sole bookrunner of the sale, and the proceeds are marked for general corporate purposes.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.