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The robots are coming, but automation investment appears tied to labor shortages and doesn't signal a reshoring boom in the US, Brooke Sutherland says trib.al/nYRTc26

Included in the CR headed to Biden's desk is an FAA extension through Dec. 31 to avert a lapse at midnight Long-term FAA reauthorization remains stalled. Congress often relies on short-term FAA bills when it can't reach an agreement bgov.com/next/news/S1TS…

The robots are coming, but not at the pace that they were during the peak of the post-pandemic labor shortages. That's not what one would expect if the US is really in the middle of a reshoring boom. Last week's newsletter, ICYMI: bloomberg.com/opinion/articl… via Bloomberg Opinion

Current geopolitical tensions would seem to demand a meaningful boost to defense budgets, but Congress can’t — or won’t — deliver it at the moment. This paradox has kept a lid on the performance of defense stocks. Wednesday's newsletter: bloomberg.com/opinion/articl… Bloomberg Opinion

Harvard University is bracing for two bills in its home state of Massachusetts this year that would target the school’s massive $51 billion endowment and policy of admitting legacy applicants bloomberg.com/news/articles/… by Janet Lorin via Bloomberg

A bipartisan group of politicians gathered in Boston last week to discuss "whole of government approach” to safeguarding a US biotech supply chain that's heavily dependent on China bloomberg.com/news/newslette… via @AnsteyAsia for Bloomberg Economics

Acquiring Spirit would make Boeing an even more dominant force in airplane manufacturing. When a company is as integral to the US economy as Boeing is, it’s not in anyone’s interest to hit the planemaker where it really hurts. Today's newsletter bloomberg.com/news/newslette… Bloomberg

It’s time to abandon the premise of interchangeable CEOs, who are produced at a GE-like people factory and can be swapped in and out like widgets, says Beth Kowitt: bloomberg.com/opinion/articl… via Bloomberg Opinion

the collapse of steward health care has massachusetts lawmakers pointing fingers at its landlord in recent legislation. Brooke Sutherland and i took a look at why real estate experts believe the proposed fixes miss the mark, for Bloomberg bloomberg.com/news/articles/…

"A cellphone without a network is AI without data. It is completely useless." Xerox's CEO Steve Bandrowczak discusses #AI's reliance on data and communicating with clients within the industry with Brooke Sutherland at #TheFutureInvestor ⏯️bloom.bg/4f4foFQ

MANY posts on the Bloomberg liveblog with reporters and editors across swing states and the globe doing analysis and react. bloomberg.com/news/live-blog…

BREAKING: Kamala Harris is projected to win Massachusetts bloom.bg/election2024tr…

DOGE claimed to have wrought $8 billion in savings by killing one contract. Except it was worth $8 million, not $8 billion. For context, ICE's total annual budget is about $9 billion. bloomberg.com/news/articles/… via Bloomberg Politics