Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From an overdue breakup at Johnson Controls to India’s banking bog, here are four charts that tell you what you need to know in business today.
And don’t miss Lionel Laurent on the increasingly bank-like tech sector: “Google offers payments; Apple Inc. invests its cash in company securities; Amazon.com Inc. lends money and offers account balances in-store; Alibaba Group Holding Ltd. manages customer funds like an asset manager. Many seem quite comfortable nibbling at the best bits of finance without actually taking on the burden of being a licensed bank.”
This column does not necessarily reflect the opinion of Bloomberg LP and its owners.
Max Nisen is a Bloomberg Gadfly columnist covering biotech, pharma and health care. He previously wrote about management and corporate strategy for Quartz and Business Insider.
To contact the author of this story: Max Nisen in New York at email@example.com.
To contact the editor responsible for this story: Mark Gongloff at firstname.lastname@example.org.
©2018 Bloomberg L.P.