@blsuth

Covering Industrials and M&A for @opinion. Views my own. Sign up for my newsletter on all things industrial: https://xitter.cf/t.co/PfJ6G0JAcP

 New York
bloomberg.com/view/contributors/AQ1oJ6PUBL8/brooke-sutherland/articles
Joined December 2012
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32Media
Industrial Strength is expanding! 🥳The newsletter will now come out twice a week. It covers everything from airlines to air conditioning, manufacturing to M&A, robots to railroads and more. Sign up to get it in your inbox, now on Wednesdays and Fridays: bloomberg.com/account/newsle…

Industrial Strength

Insights on all things industrial, from the factory to the boardroom and more.

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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 @bpolitics

DOGE Says It’s Saved $55 Billion; Data Show Much Less

The federal cost-cutting effort dubbed the Department of Government Efficiency says it has saved $55 billion in federal spending so far, but its website only accounts for $16.6 billion of that.

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@business6 Nov 2024
BREAKING: Kamala Harris is projected to win Massachusetts bloom.bg/election2024tracker
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Steven Dennis
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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…

Live: US Election Updates and Analysis

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Bloomberg Live
@BloombergLive29 Oct 2024
"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 @blsuth at #TheFutureInvestor ⏯️bloom.bg/4f4foFQ
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Public spending on child-care and pre-primary education in the US was about 0.3% of GDP in 2019. Defense spending accounted for about 3%. Berlin is a case study in how affordable childcare is possible, via @chrismbryant @opinion: bloomberg.com/opinion/articl…
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Manufacturers are increasingly realizing that a lack of affordable childcare is limiting their labor pool and they've been exploring ways to solve this problem through onsite daycares, public-private partnerships and subsidies. My story from last year: bloomberg.com/opinion/articl…

Child Care Is the Key to a Robust Industrial Workforce

Manufacturers are experimenting with ways to accommodate parents to meet their hiring needs.

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More flexible schedules can also help bring parents into the workforce. GE Appliances is among the companies that's trying to evolve beyond the typical manufacturing model of at least eight-hour shifts, five days a week and experiment with part-time work bloomberg.com/opinion/articl…

Child Care Is the Key to a Robust Industrial Workforce

Manufacturers are experimenting with ways to accommodate parents to meet their hiring needs.

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sri taylor@srimtaylor24 Jun 2024
the collapse of steward health care has massachusetts lawmakers pointing fingers at its landlord in recent legislation. @blsuth and i took a look at why real estate experts believe the proposed fixes miss the mark, for @business bloomberg.com/news/articles/…

Massachusetts Is Trying to Prevent REITs From Owning Hospitals

The collapse of Steward Health Care System has Massachusetts lawmakers pointing fingers at the hospital operator’s landlord and other companies like it. Real estate experts say their proposed fixes...

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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 @bethkowitt: bloomberg.com/opinion/articl… via @opinion

GE’s CEO Factory Is Dead. Good Riddance.

The company’s Crotonville academy used to be the gold standard in management training. Today’s best leaders come from closer to the action.

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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… @business

FAA's Ultimatum for Boeing Is Missing an Ultimatum

The FAA has demanded a comprehensive action plan in the wake of a near-tragic Alaska Airlines accident but Boeing's size and economic importance make consequences tricky.

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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 @economics

Cutting China Out of Biotech Unifies Democrats, Republicans

Four years after Covid-19 first appeared in China, Washington is assembling a plan to reduce the US biotechnology industry’s vulnerability to its top geostrategic rival.

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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 @JanetLorin via @business

Harvard Faces New Threat of State Tax on $51 Billion Endowment

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.

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Li-Cycle Holdings announced it would pause construction on a first-of-its-kind lithium ion battery recycling plant pending a review of the scope and budget. bloomberg.com/news/articles/… via @markets

Biden-Backed Battery Firm Plummets After Pausing Construction

Li-Cycle Holdings Corp., which is set to receive significant backing from the Biden administration, saw its share price slashed nearly in half after announcing it would pause construction on a...

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This follows a spate of push-outs on the construction of new EV plants. Expectations for an industrial super-cycle powered by “megatrends” and government stimulus are colliding with economic and market realities. Friday's newsletter, ICYMI: bloomberg.com/opinion/articl… @opinion

Cracks Emerge in Manufacturing Spending Boom

Factories may be built with stone but the commitments to build them tend to be written in pencil, with plenty of wiggle room for delays.

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Factories may be built with stone but the commitments to build them tend to be written in pencil, with plenty of room for delays or for companies to change their minds entirely. The reality of reshoring is much more nebulous than the narrative and the timeline may be stretched.
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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… @opinion
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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 @opinion

Robots Versus Workers Is No Zero-Sum Game

Robust spending on industrial automation is a nuanced response to labor shortages and innovation.

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Lillianna Byington@lil_byington1 Oct 2023
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/S1TSC4T0G…
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Bloomberg Opinion
@opinion29 Sep 2023
The robots are coming, but automation investment appears tied to labor shortages and doesn't signal a reshoring boom in the US, @blsuth says trib.al/nYRTc26

Robots Versus Workers Is No Zero-Sum Game

Robust spending on industrial automation is a nuanced response to labor shortages and innovation.

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