Bloomberg News

14 hours ago | bloomberg.com | Mark Gurman |Hannah Miller

Roku’s new Streaming Stick(Bloomberg) -- Roku Inc., the maker of popular streaming-TV products, rolled out an upgraded operating system, a pair of streaming sticks, new TV sets and home security cameras. The updated operating system provides new content-discovery features, including areas that show trailers for upcoming movies and sports highlights.

14 hours ago | bloomberg.com | Muyao Shen |Gillian Tan

The Tether logo on a laptop computer arranged in the Brooklyn borough of New York, US, on Thursday, Nov. 17, 2022 Reverberations from the collapse of Sam Bankman-Fried’s empire continue to spread through financial markets, threatening the future of crypto lenders like BlockFi Inc. and Voyager Digital Ltd. (Bloomberg) -- An affiliate of Cantor Fitzgerald LP is teaming up with stablecoin issuer Tether Holdings SA and SoftBank Group to create a new company called Twenty One Capital Inc.

14 hours ago | bloomberg.com | Joel Leon

Traders work on the floor of the New York Stock Exchange. Photographer: Michael Nagle/Bloomberg(Bloomberg) -- US stocks trimmed gains after Treasury Secretary Scott Bessent said President Donald Trump had not offered to cut tariffs on China on a unilateral basis, reining in market optimism. The S&P 500 Index rose  at  in New York, while the Nasdaq 100 Index climbed , easing back from advances of as much as 3.4% and 4.2%, respectively.

14 hours ago | bloomberg.com | Vince Golle

An employee assembles an engine on the production line at a manufacturing facility in Montgomery, Alabama. (Bloomberg) -- US business activity expanded at the slowest pace since 2023, while output expectations deteriorated and price pressures mounted as tariffs created headaches for companies. The S&P Global flash April composite index of output at manufacturers and services providers dropped 2.3 points to 51.2, according to data released Wednesday. Figures above 50 indicate expansion.

15 hours ago | bloomberg.com | Olivia Raimonde

EverDye's R&D laboratory in Romainville, France. (Bloomberg) -- The $1.7 trillion fashion industry is a major polluter: By one estimate, it’s responsible for between 8% and 10% of annual greenhouse gas emissions, more than aviation and shipping combined. Clothes manufacturing relies on fossil-fuel-derived fibers like polyester and guzzles energy and water.