Global Stock Rally Falters as Yuan Weakens, Crude Oil Declines
©2016 Bloomberg News O2ZA086TTDS6 (Bloomberg) — A global equity rally stumbled as Asian gauges swung between gains and losses, while U.S. index futures dropped. Crude slumped, the yuan weakened and the yen climbed. Benchmark equity indexes in Japan, China and South Korea turned lower, while contracts on the Standard & Poor’s
How to Start a New Fitness Routine
By Lisa Mason You’re probably already aware of the many benefits of getting and staying in shape and leading an active lifestyle. Once you’ve made the important decision to begin a new fitness routine, where do you begin? The biggest challenge is not only taking that first step, but committing
God Wasn’t on Trump’s Side in South Carolina: Leonid Bershidsky
©2016 Bloomberg View O2X7P86JTSEA (Bloomberg View) — Perhaps the hardest thing to understand about Donald Trump’s victory in South Carolina is how a twice- divorced, dirty-mouthed recent supporter of abortion who hardly ever goes to church could have carried a Bible Belt state where exit polls showed almost three-quarters of the
Fundraiser for Jeb Bush, Chris Christie Now Backing Marco Rubio
©2016 Bloomberg News O2XBDE6JTSEF (Bloomberg) — Third time’s a charm? Leading fundraiser Bobbie Kilberg, who had first supported New Jersey Governor Chris Christie, then former Florida Governor Jeb Bush for the Republican presidential nomination, is now backing Florida Senator Marco Rubio. “The landscape is becoming pretty clear,” she told Bloomberg in
*Sanders Says He Won’t Back Off Criticism of Wall Street
©2016 Bloomberg News O2RWZ16TTDSK (Bloomberg) — Vermont Senator Bernie Sanders said he won’t back away from his signature campaign issue — that Wall Street rigged the economy — and dismissed Hillary Clinton’s criticism that he’s a “one-issue candidate.” Answering questions during a televised town hall meeting Thursday night in Las
Obama Seeks Generational Bridge Within Civil Rights Movement
©2016 Bloomberg News O2RPPP6K50Y2 (Bloomberg) — President Barack Obama gathered African- American activists at the White House as generational differences are surfacing in a crucial Democratic Party constituency. Obama, who navigated a change in leadership from veterans of the civil rights movement to a new generation in his own presidential
Virgin America Chooses Empty Seats Over $41 Dallas-NYC Fares
©2016 Bloomberg News O2RQVN6JIJV5 (Bloomberg) — Virgin America Inc., caught up in a Dallas fare war, said it will fly out of the city with empty seats rather than sell tickets at rates so deeply discounted it can’t make money. The pricing battle began in 2014 when Southwest Airlines Co.
Google, Tech Companies Side With Apple in Decryption Protest
©2016 Bloomberg News O2Q1BS6KLVRX (Bloomberg) — Google and other technology companies are backing Apple Inc. in its fight against the U.S. government, which is trying to get the company to unlock an encrypted iPhone, a move that the industry fears will lead to greater access by any authorities to private
Surging Cruz Is Big Oil’s New Crush as Donors Cool to Bush
©2016 Bloomberg News O2Q59E6JTSEP (Bloomberg) — U.S. Senator Ted Cruz, the first-term Republican from Texas, leads all candidates in the scramble for oil industry campaign cash, surpassing Jeb Bush, whose father and brother were West Texas oilmen before they became presidents. Cruz leads all presidential candidates in contributions from employees
Gasoline Trades as If U.S. Nearing Recession, Goldman Says
©2016 Bloomberg News O2Q67N6JTSEF (Bloomberg) — Gasoline futures are trading as if the U.S. economy is about to hit the brakes, according to Goldman Sachs Group Inc. Contracts for delivery in the summer months are currently priced less than $20 a barrel higher than crude oil. If those premiums were