Bloomberg CityLab

CityLab began its journey in September 2011 under the name The Atlantic Cities, co-founded by Richard Florida, an expert in urban studies and a professor. This independent platform is dedicated to discussing and clarifying "the most creative ideas and critical challenges that today’s cities and neighborhoods face." In 2014, it was rebranded to CityLab.com. The site focuses on various topics including transportation, the environment, social equity, lifestyle, and design. It features tools like Navigator, which serves as a resource for urban living, and Solutions, which addresses challenges across a range of subjects. In 2015, CityLab partnered with Univision to create CityLab Latino, which offers original journalism in Spanish along with translated articles from the English version of CityLab.com. The last update for this section was in 2018. In December 2019, Atlantic Media sold CityLab to Bloomberg Media, which resulted in significant layoffs, affecting half of the staff.

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Viasat Identified as Victim in Sweeping Phone Hack Tied to China

14 hours ago | bloomberg.com | Jamie Tarabay

A Viasat internet satellite dish. (Bloomberg) -- Viasat Inc. is the latest US communications company identified as a victim of the sweeping surveillance hack blamed on the Chinese government that emerged during last year’s presidential campaign, according to people familiar with the matter. The breach of the California-headquartered satellite and wireless networking company was discovered earlier this year and Viasat has been working with the government in the aftermath, some of the people said.
Why Trump Ditched the G-7 Before It Was Over

16 hours ago | bloomberg.com | Julia Press |David Gura

President Donald Trump speaks to reporters about the G7 Summit aboard Air Force One while traveling back to Washington from Canada on June 16, 2025. (Bloomberg) -- President Trump was in Canada this week for the Group of Seven summit. But after dinner on Monday night, Trump left early, citing the conflict in the Middle East.
Petróleo se dispara por temor a escalada en Medio Oriente

17 hours ago | bloomberg.com | Julia Fanzeres

El petróleo subió a su nivel más alto en casi cinco meses, después de que el presidente Donald Trump alimentara especulaciones de que Estados Unidos está a punto de unirse a la ofensiva de Israel contra Irán, lo que mantiene al mercado en vilo por las posibles interrupciones del suministro de crudo en Medio Oriente. El crudo West Texas Intermediate trepó un 4,3% para cerrar cerca de US$75 el barril, el nivel más alto desde enero.
‘Abolishing FEMA’ Memo Outlines Ways for Trump to Scrap Agency

17 hours ago | bloomberg.com | Zahra Hirji |Jason Leopold |Lauren Rosenthal

From left, President Donald Trump, Secretary of Interior Doug Burgum, Office of Management and Budget Director Russell Vought and Homeland Security Secretary Kristi Noem at the White House, on June 10. (Bloomberg) -- Homeland Security Secretary Kristi Noem directed the Federal Emergency Management Agency to prepare a memo on how to abolish itself and create a re-branded, radically smaller disaster response organization, according to a copy of the document reviewed by Bloomberg News.
JPMorgan to Pilot Deposit Token JPMD on Coinbase-Linked Blockchain

17 hours ago | bloomberg.com | Anna Irrera |Olga Kharif

The JP Morgan Chase & Co. headquarters in New York. (Bloomberg) -- JPMorgan Chase & Co. will launch a pilot for a token called JPMD that represents dollar deposits at the world’s biggest bank, as financial institutions deepen their push into the digital-asset sector.
Two Big Questions for Tomorrow’s Fed Decision

18 hours ago | bloomberg.com | Joe Weisenthal |Tracy Alloway

Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it's contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting.
Amazon’s Jassy Says AI Will Reduce Company’s Corporate Ranks

19 hours ago | bloomberg.com | Matt Day |Spencer Soper

Amazon.com Inc. CEO Andy Jassy(Bloomberg) -- Amazon.com Inc. Chief Executive Officer Andy Jassy says he expects the company’s workforce to decline in the next few years as the retail and cloud-computing giant uses artificial intelligence to handle more tasks. Generative AI and AI-powered software agents “should change the way our work is done,” Jassy said in an email to employees on Tuesday that laid out his thinking about how the emerging technology will transform the workplace.
Acapulco Under Hurricane Threat as Erick’s Winds Gain Speed

19 hours ago | bloomberg.com | Brian Sullivan

A satellite image of Tropical Storm Erick, in this photo supplied by National Oceanic and Atmospheric Administration, on June 17. (Bloomberg) -- Tropical Storm Erick is forecast to grow rapidly in strength as it nears Mexico’s Pacific coast where it will likely make landfall early Thursday potentially near the popular resort town of Acapulco, which was devastated by Hurricane Otis in 2023.
NYC Mayoral Candidate Lander Arrested at Immigration Court

20 hours ago | bloomberg.com | Nacha Cattan |Myles Miller

Brad Lander and his his wife Meg Barnette arrive to speak at a rally after being released from ICE detention on June 17 in New York City. Photographer: Michael M. Santiago/Getty Images(Bloomberg) -- New York City Comptroller Brad Lander was arrested outside of immigration court in lower Manhattan. Lander, who’s running in next week’s Democratic primary for mayor, was detained by US Immigration and Customs Enforcement agents Tuesday, according to his campaign.
In Paris, a Global Air Show Overshadowed by Air India Crash

20 hours ago | bloomberg.com | Benedikt Kammel

The Paris Air Show started Monday, but the typically festive event has been overshadowed by last week’s Air India crash. Benedikt Kammel, Bloomberg’s managing editor for space and aviation, reports on the unusually somber atmosphere. Plus: A Q&A with Citadel Securities’ Ken Griffin and a climate change denial glossary. If this email was forwarded to you, click here to sign up .