2017/02/06

When the Goldman economists start to worry

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All signs pointed to a clear win for the Falcons Sunday night. But then, the unpredictable happened. Sound like anything else in recent memory?

Look at it through George Takei's wise and optimistic eyes: "When you think it's impossible, that we're too lost, down and out—find the soul of a Patriot. And win." —Megan Hess

#Disruption
A few weeks ago, Wall Street analysts were boosting their economic forecasts on the expectation that Trump would implement new fiscal stimulus. Yet two weeks into his term, the president has been focused on immigration and trade, causing a reevaluation among analyses at some banks that is reminiscent of pre-election concerns about Trump's uncertain effect on markets.
Here are today's top stories...

Tech companies had a busy weekend. Ninety-seven companies, including Apple, Facebook, and Netflix, filed an impassioned legal brief condemning President Trump's executive order on immigration, stepping up the industry's growing opposition to the policy. They originally planned to file later this week, but sped things up and filed late Sunday after other legal challenges to the order, according to people familiar with the matter.

Uber hired a veteran NASA engineer to develop flying cars. Mark Moore, who helped inspire Google co-founder Larry Page's commitment to developing flying car technology, is leaving the confines of NASA to join one of Google's rivals. He'll take on a new role as director of engineering for aviation at the ride-hailing company, working on a flying car initiative known as Uber Elevate.

Trump was barred from U.K. Parliament over "racism and sexism." House of Commons Speaker John Bercow said Trump must not be allowed to address the U.K. Parliament during a state visit to Britain. Barack Obama, Nelson Mandela, Angela Merkel and Pope Benedict XVI have all been invited to speak to members of the House of Commons and the House of Lords.

Using old technology to protest new nominees. Americans flooded Senate offices with 1.5 million calls each day last week, with many directed against Betsy DeVos, Trump's nominee for secretary of education. Phone calls are hardly a new strategy for concerned constituents—which makes them an interesting choice for people constantly adapting to the latest technologies.

Ukraine is fighting its own Cold War. For Ukrainians, there is concern about what the Trump-Putin relationship may mean for them, the intensifying conflict in the east, and the complicated economic landscape the country faces. Additionally, as the IMF has required an end to energy company subsidies, keeping the heat on is driving more people into poverty in a country where more than half already live below subsistence.

Dinner and a Movie are Overrated
Bloomberg Pursuits rounded up the most romantic ideas in cities around the world, from Dubai to Mexico City to Budapest—whether it's for Valentine's Day or any old evening.

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