Category: BLOOM

Mar 2

Bessent Says He Sees Inflation Reaching Fed’s 2% Target Quickly

Article content (Bloomberg) — Treasury Secretary Scott Bessent said he’s confident US consumer price increases will slow over the course of the year after a poll suggested Americans want President Donald Trump to focus more on bringing down inflation. Article content Bessent defended Trump’s economic plans on CBS News’ Face the Nation, saying the president […]
Mar 2

Allegro Is Said to Draw Takeover Interest from ON Semiconductor

Article content (Bloomberg) — Allegro Microsystems Inc. is drawing takeover interest from larger competitor ON Semiconductor Corp., according to people familiar with the matter. Article content Phoenix-based ON Semi has been working with advisers in recent months to pursue Allegro, the people said, asking not to be identified because the matter is private.  It’s possible […]
Mar 1

Sniffer Dogs and Drones: Canada Flexes Drug Enforcement Muscle in Appeal to Trump

Breadcrumb Trail Links PMN Business Canada is trading its usual restraint for American-style boldness in an effort to prove to US President Donald Trump that it’s serious about strengthening the border as it tries to avert tariffs. Author of the article: Bloomberg News Randy Thanthong-Knight Published Mar 01, 2025  •  5 minute read jkc2vgmb5e{1g3m}b47e5{k1_media_dl_1.png U.S. […]
Mar 1

Trump’s Tariff Convulsions Are Wreaking Havoc on Tequila Makers

Breadcrumb Trail Links PMN Business US President Donald Trump’s on-again, off-again tariff threats against Mexico are giving executives in the country’s iconic tequila industry a splitting headache. Author of the article: Bloomberg News Valentine Hilaire and Fiona Rutherford Published Mar 01, 2025  •  4 minute read A field worker uses a coa de jima tool […]