Bloomberg Opinion

19 hours ago | bloomberg.com | Suttinee Yuvejwattana |Thomas Kutty Abraham

The Bank of Thailand complex that houses the learning center, museum and offices in Bangkok, Thailand, on Friday, March 29, 2024. Thailand’s Prime Minister Srettha Thavisin urged the central bank again to cut interest rate, citing the “fragile” state of the economy and a string of negative inflation readings in recent months.

1 day ago | bloomberg.com | Jayna Rohslau

CEO of PayPal Alex Chriss(Bloomberg) -- PayPal Holdings Inc. Chief Executive Officer Alex Chriss said adoption of stablecoins in the US still faces significant hurdles and will take time to achieve. “From a consumer standpoint, there isn’t a real incentive to drive adoption, which is why we are starting to create things like rewards and starting to incentivize users,” Chriss said in a Bloomberg TV interview Thursday.

1 day ago | bloomberg.com | Nick Turner

Core Scientific Inc. shares surged as much as 32% following a report that CoreWeave Inc. is in discussions to acquire the operator of data centers. An agreement could be hammered out in the coming weeks, assuming there are no issues, the Wall Street Journal reported Thursday. The newspaper, citing unidentified people familiar with the situation, said the exact terms weren’t clear.

1 day ago | bloomberg.com | Dana Hull |Ed Ludlow

Tesla vehicles at the company's store in Colma, California. (Bloomberg) -- Omead Afshar, a powerful executive at Tesla Inc. and one of Elon Musk’s closest confidants, has left the company, according to people familiar with the matter, the latest high-level departure during a volatile period for the electric vehicle maker. News of the exit has circulated internally among some employees in recent days, said the people, who asked not to be identified discussing internal information.

1 day ago | bloomberg.com | Matthew Boyle

Welcome to Management & Work (formerly Working Capital), our newsletter about trends in leadership, management and the art of career building. If you’re not yet signed up, do so here . If he’s elected mayor of New York City, Zohran Mamdani will face an epic leadership challenge with zero executive experience. It could be a recipe for disaster. But in today’s uncharted environment, management experts suggest the 33-year-old’s inexperience also could be a surprising asset.