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Zuckerberg Acknowledges Trust Gap After Meeting on Bias
published May 18th 2016, 7:28 pm, by Sarah Frier (Bloomberg) —Facebook Inc. Chief Executive Officer Mark Zuckerberg met with political conservatives to explain how the social network comes up with its trending news topics, seeking to quell concerns that liberal-leaning news and sources were favored by the company’s editors. “I
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What Are Startups Afraid of? The Answers Say a Lot About Tech
published May 17th 2016, 2:30 pm, by Olivia Zaleski (Bloomberg) —Y Combinator, which helped incubate Airbnb Inc. and Instacart Inc., has a reputation for having an application process that’s more exclusive than Harvard University’s. About 6,000 aspiring startups applied to the Silicon Valley business incubator’s summer 2016 class in hopes of
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Emerging Stocks Advance With Oil as Apple Boosts Tech Companies
published May 17th 2016, 3:37 pm, by Ian Sayson, Nupur Acharya and Maria Levitov (Bloomberg) — Emerging-market stocks advanced for a second day as oil selling for the highest price since November helped lift energy producers and suppliers of Apple Inc. rallied after Berkshire Hathaway Inc. disclosed that it held
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Good News Is Bad for U.S. Stock Traders as Fed Obsession Returns
published May 17th 2016, 3:54 pm, by Dani Burger and Anna-Louise Jackson (Bloomberg) —Signs of a healing economy have been nothing to celebrate in the U.S. stock market. On a day when industrial production, housing starts and consumer inflation all exceeded forecasts, the Dow Jones Industrial Average tumbled 181 points,
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Hillary Clinton Plans to Pin Down Donald Trump on Policy
published May 16th 2016, 4:00 am, by Michael C. Bender (Bloomberg) — As Hillary Clinton’s campaign focuses its attacks on presumptive Republican nominee Donald Trump, she faces the challenge of pinning down someone who rapidly shifts positions on issues, sometimes within a single day. The Republican’s evasiveness confounded his primary
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How to Help More Americans Move Out of Poverty: Editorial
published May 16th 2016, 6:00 am, by The Editors (Bloomberg View) — Millions of poor Americans are stuck in places where they and their children are all too likely to remain in poverty. What can be done to improve their prospects? Historically, mobility has been one of the U.S. economy’s
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Apple Pay Competitor Delays Product, Cuts About 30 Jobs
published May 16th 2016, 8:06 pm, by Olivia Zaleski (Bloomberg) — Merchant Customer Exchange, a mobile payments company started by major retailers including Wal-Mart Stores Inc., said it will eliminate 30 employees and postpone the national introduction of its highly publicized product, a would-be Apple Pay competitor. The staff cuts
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The Science On Fish Oil: Is It Really Healthy?
By Otto Baynes In spite of decades of study, medical science is still unclear about many of the frequently touted health benefits of fish oil. Recommendations for the use of fish oil as a supplement often stem more from anecdotal cultural evidence than they do from definitive scientific evidence.
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*Obama Says ‘Ignorance Is Not a Virtue’ in Latest Swipe at Trump
published May 15th 2016, 2:38 pm, by Megan O’Neil (Bloomberg) — President Barack Obama told graduating students at Rutgers University that “ignorance is not a virtue” in politics, as the president continued to attack Donald Trump — by implication, if not by name — for his provocative campaign pronouncements. “Facts,
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France, Nigeria to Intensify Military Efforts Against Boko Haram
published May 14th 2016, 2:57 pm, by Elisha Bala-Gbogbo (Bloomberg) — French President Francois Hollande and Nigerian President Muhammadu Buhari agreed to strengthen military cooperation and work with the West African country’s neighbors in an stepped-up effort to crush Boko Haram. Buhari said the EU and others had pledged 916