published May 2nd 2016, 3:00 pm, by John Tozzi (Bloomberg) — “Abstinence promotion” policies the United States has funded for more than a decade as part of an effort to slow the spread of HIV in sub-Saharan Africa are largely ineffective, a new evaluation of the program concludes. The U.S.

published Apr 30th 2016, 10:21 am, by Michael R. Bloomberg (Bloomberg View) — The following is an adaptation of an address to the University of Michigan’s class of 2016. The most useful knowledge that you leave here with today has nothing to do with your major. It’s about how to

published May 1st 2016, 3:19 pm, by Ros Krasny and Arit John (Bloomberg) — Bernie Sanders on Sunday marked the one-year anniversary of his bid for the White House by vowing that the Democratic convention will be “contested,” despite Hillary Clinton’s wide lead in pledged and overall delegates. “It’s virtually

published May 1st 2016, 4:08 pm, by Spencer Soper (Bloomberg) —Amazon.com Inc. will bring free same-day delivery to the Bronx — the only New York City borough now excluded — following criticism from elected representatives that the company’s data-driven service boundaries unfairly left out minority communities. The Bronx is at

So how does that line in “Stairway to Heaven” go?  It’s the last line of the Led Zeppelin classic and it is presented as the solution to the maddening  hypocrisy of the woman trying to buy a stairway to heaven.  In the song we are told that: There’s a lady

published Apr 28th 2016, 1:39 pm, by Justin Fox (Bloomberg View) — Were you disappointed by that U.S. gross domestic product report this morning? Economic forecasters were, a little — the 0.5 percent annualized increase in first quarter real GDP compared with a 0.7 percent median projection in a Bloomberg

published Apr 28th 2016, 4:52 pm, by Tom Metcalf (Bloomberg) —Jeff Bezos has toppled Mexico’s Carlos Slim as the world’s fourth-richest person. Again. The net worth of the 52-year-old Amazon.com Inc. founder rose to $60 billion as the online retailer’s shares jumped 13 percent in extended trading. Amazon posted first-quarter

published Apr 28th 2016, 6:06 pm, by Noah Buhayar and Margaret Collins (Bloomberg) — Two of Warren Buffett’s children praised their parents’ example in a broad-ranging conversation about philanthropy that touched on their youth and lessons learned in giving away some of their father’s wealth. “They absolutely shared the same

published Apr 27th 2016, 2:01 pm, by Noah Feldman (Bloomberg View) — Dr. James Tracy is certainly a crank and also seems to be a terrible person. But Florida Atlantic University violated his academic freedom when it fired him from his tenured professorship in January, and he should win the

published Apr 27th 2016, 5:30 pm, by Rich Miller (Bloomberg) — Turning 30 just got a lot scarier. A coming collapse in investment returns means that people that age today will have to work seven years longer or save almost twice as much to end up with the same nest