In recent weeks, tourism indicators for New York City like hotel occupancy and museum attendance that had fallen off a pandemic cliff have ticked up slightly. It’s a welcome sight for the city’s tourism industry that was decimated by COVID-19. (May 11)
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According to the Gun Violence Archive, more than 400 people were shot or killed during a violent weekend across the nation. In Los Angeles, Philadelphia and Chicago homicides and shootings are on the rise compared to last year. In New York, shootings are up a staggering 79 percent.
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Germany’s Interior Minister Horst Seehofer announced that far-right crime hit a record high in his country last year. CNN’s Fareed Zakaria examines how this trend may be affected by Chancellor Angela Merkel stepping down in September.
International aid is now flowing in to support overwhelmed hospitals in India. The country has been hit hard by a new variant. Neighbouring Nepal is also struggling to contain an explosion in cases. Vaccines are in short supply – and nearly half those tested are found to be positive. It’s feared the situation may be as bad, if not worse, than in India.
India is still registering record daily COVID-19 deaths and infections. Officials have reported more than 400,000 new cases in the last day. Almost 4,000 people died. Mass gatherings at recent religious and political rallies have also been blamed for spreading the virus.
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May.06 — Former SEC Chairman Harvey Pitt says current SEC Chairman Gary Gensler sees what happened at Archegos as a blueprint for action at the SEC over the next five or six months. He speaks with Bloomberg’s David Westin on "Balance of Power."
May.04 — Argo AI, the autonomous driving startup backed by Ford and VW, has revealed a new long-range lidar. The company’s CEO Bryan Salesky says it gives Argo an edge in deploying self-driving cars commercially. Salesky spoke exclusively to Bloomberg’s Ed Ludlow about the technology, its financing plans and regulation.