Bloomberg Snapshot Pastiche

Global IT Outage

What HappenedCrowdStrike in SpotlightBanks, Media Disrupted

From ATMs to Flights, Epic IT Crash Leaves Trail of Destruction

The issues were triggered by a botched update of CrowdStrike’s software.

Crowdstrike CEO George Kurtz Made PR Blunder With Late Apology

Travel Chaos Mounts as Airlines Resume Flights After Outage

Michael Nagle/Bloomberg

Wall Street’s Great Rotation Trade Is Stirring Up Hedging Market

Bearish bets on tech darlings now outweigh bullish wagers.

about 2 hours ago

Stocks Slide Before High-Stakes Megacap Earnings

Bloomberg Opinion

Trump-the-Uniter Couldn’t Last for One RNC Speech

There was applause aplenty, but also 90 minutes replete with whispers, falsehoods and non sequiturs.

By Timothy L. O'Brien, Columnist

The Market’s Next Black Swan Is Climate Change

By Mark Gongloff, Columnist

Guns Aren’t as Good for Self-Defense as America Thinks

By F.D. Flam, Columnist

Biden’s Message Isn’t Landing With Black and Latino Voters

By Erika D. Smith, Columnist

EXCLUSIVE

FTC Eyes Oil Bosses’ Texts for Signs of Collusion With OPEC

Investigators seek evidence of improper pricing discussions.

Source: Legendary Productions

Millionaires Outpriced by Billionaires Flock to Florida’s Fort Lauderdale

The city is seeing record real estate prices, as the merely rich hunt for homes after being bid out by the ultra wealthy in Palm Beach and Miami.

The Big Take

The Zombie Mall King Doesn’t Want to Be a Bottom Feeder Forever

Jamie Salter has bought and revived dozens of bankrupt retailers from Barneys to Brooks Brothers. Now he’s going after bigger game.

Newsletter: The Big Take

Zombie Retail King Eyes Sports After Reviving Dozens of Dying Brands