Matt Levine’s Money Stuff: Inversions and Short-Term Activism
published Apr 6th 2016, 8:24 am, by Matt Levine (Bloomberg View) — Inversions. The consensus seems to be that the anti-inversion rules that Treasury released later Monday were aimed directly at one deal: the Allergan/Pfizer merger. In particular, the inversion rules have for a long time prevented transactions in which
Ted Cruz Takes Aim at Donald Trump in the Bronx
published Apr 6th 2016, 4:00 pm, by Terrence Dopp (Bloomberg) — Fresh off a double-digit victory in Wisconsin, Ted Cruz landed in in Donald Trump’s home state Wednesday to declare that the tide in the Republican primary had turned and that the billionaire front-runner knows it. “He gets very angry
Christie Says He Wouldn’t Make Atlantic City’s Debt Payments
published Apr 6th 2016, 5:15 pm, by Elise Young and Romy Varghese (Bloomberg) — New Jersey Governor Chris Christie said he won’t step in to help Atlantic City avert a default on its May bond payment as the distressed gambling hub runs out of money and a takeover bill remains
Redstone Said to Designate Daughter as Health-Care Agent
published Apr 5th 2016, 6:58 pm, by Christopher Palmeri and Lucas Shaw (Bloomberg) — Billionaire Sumner Redstone has designated his daughter Shari as his new health-care agent, replacing longtime confidant and Viacom Inc. Chairman Philippe Dauman, people with knowledge of the matter said. The decision coincides with settlement talks
Oil Extends Gain Amid Freeze Pact Optimism, Declining Supplies
published Apr 5th 2016, 7:58 pm, by Ben Sharples (Bloomberg) — Oil extended gains for a second day after Kuwait said a deal to freeze output can be reached without Iran and U.S. industry data showed crude stockpiles declined. Futures rose as much as 2.7 percent in New York after
Sanders Wins Wisconsin Primary to Extend Streak, Slow Clinton
published Apr 5th 2016, 8:29 pm, by Mark Niquette (Bloomberg) — Bernie Sanders defeated Hillary Clinton in Wisconsin’s Democratic presidential primary, bolstering his bid to slow the front-runner’s march toward the party nomination and extending a string of victories. Sanders, a Vermont Senator, was declared the winner of the primary
The World Has Started Spending More on Weapons
published Apr 4th 2016, 6:01 pm, by Benjamin D Katz (Bloomberg) — Global military spending has begun rising in real terms for the first time since the U.S. began its withdrawal of troops from wars in Iraq and Afghanistan, according to the Stockholm International Peace Research Institute. Defense budgets rose
The On-Demand Economy Is Powered by Old People: Justin Fox
published Apr 4th 2016, 6:15 pm, by Justin Fox (Bloomberg View) — Much ink and many pixels have been spilled over the past few years about the rise of the gig economy, sharing economy, on-demand economy, 1099 economy, freelancer economy or whatever you prefer to call it. Some of the
For Women, India’s Workfare Program Works: Chandrahas Choudhury
published Apr 4th 2016, 5:00 pm, by Chandrahas Choudhury (Bloomberg View) — Over the last 10 years in India, perhaps no other law has sparked such sustained debate as the Mahatma Gandhi National Rural Employment Guarantee Act, universally known as “Narega.” Passed by the previous Congress government in February 2006
How to Improve Your Running and Develop Strength and Stamina
By Dr. Kristie Do you want to know how to improve your running? Whether you’re running for fitness, weight loss, stress relief, or competitively, it’s important to continuously challenge yourself in order to increase your speed and stamina and help promote weight control. Plus, by challenging yourself, you make your