Poverty Forum Pulls Republican Rivals Into ‘Most Compassionate’ Contest
©2016 Bloomberg News O0P7HT6S9728 (Bloomberg) — U.S. House Speaker Paul Ryan and several Republican presidential hopefuls appeared at an anti-poverty forum in South Carolina on Saturday, hoping to counter the notion that only Democrats care about non-whites, single mothers, the unemployed, and the working poor. The Kemp Forum on Expanding Opportunity
Saudi Arabian Stocks Lead Mideast Drop as Oil Slide Saps Trading
©2016 Bloomberg News O0QR4H6JTSE8 (Bloomberg) — Saudi Arabian stocks led a decline across most Middle Eastern markets amid reduced trading, as investors weighed the impact of plummeting oil prices. The Tadawul All Share Index, the region’s biggest gauge, dropped 2.2 percent, extending its retreat this month to 12 percent. About
Music’s Top Moneymakers in 2015 contain a few surprises! A Well Thought Out Scream : by James Riordan
While many of the usual suspects are represented on the Forbes list of top moneymakers in music for 2015, there are a few surprises. Most of these come from the wide diversity of artists who made the list. One thing is clear though. Touring is now the industry’s big moneymaker and
For Microsoft in China, Making Nice Is Hard to Do: Adam Minter
©2016 Bloomberg View O0M2W26S9765 (Bloomberg View) — Microsoft’s Satya Nadella must be wondering what more he has to do to impress China’s leadership. He and his predecessors have done quite a bit already. Back in September, for example, Nadella not only hosted Chinese President Xi Jinping and his chief Internet
Asian Stocks Rally Amid Revival of Risk as Chinese Assets Swing
©2016 Bloomberg News O0M3BI6JTSEA (Bloomberg) — Asian stocksled a rally in riskier assets, climbing with U.S. index futures, oil and high-yielding currencies as China refrained from further cuts to the yuan’s reference rate and scrapped a system of market circuit breakers, providing some reassurance to investors. Shares in Hong Kong
Matt Levine’s Money Stuff: China Stocks and Bank CEOs
©2016 Bloomberg View O0L5F36KLVRB (Bloomberg View) — So how’s China? Here’s One of the All-Time Great Stock-Price Charts: That’s the chart of Beijing Baofeng Technology Co., which went public in China last March and went up by the daily 10 percent limit for 28 straight trading days through May 5, a gain of just
*What the 2016 Presidential Candidates Must Do to Win
©2016 Bloomberg News O0H5446KLVRF (Bloomberg) — Less than four weeks before Iowans kick off the 2016 presidential contest with their Feb. 1 caucuses, the early road to the White House appears to be shaping up as a slippery and uncharted one for the Republican Party. Since the 1970s, no Republican candidate has won
*Hillary Clinton and Donald Trump: A Study in Celebrity Contrasts
©2016 Bloomberg News O0K3CW6JTSEB (Bloomberg) — When Hillary Clinton’s presidential campaign swept into Sioux City, Iowa, on Tuesday, her entourage headed to the city’s famous Orpheum, a 2,690-seat theater that for decades has played host to A-list celebrities running the gamut from Fred Astaire to Jerry Seinfeld. But the Democratic front-runner
Wyly Fortunes Hinge on $3 Billion ‘Difference of Opinion’
©2016 Bloomberg News O0K45CSYF01S (Bloomberg) — Former billionaire entrepreneur Samuel Wyly’s “difference of opinion” with the Internal Revenue Service could turn an offshore fortune into an onshore fraud if the agency gets its way. Wyly, 81, and the estate of his late brother Charlesjoined forces for a trial Wednesday against
2015’s Best Commodity Could Turn Into This Year’s Nightmare
©2016 Bloomberg News Isis Almeida (Bloomberg) — Last year’s best-performing commodity is poised to become the market’s worst nightmare. After the longest rally in London cocoa futures since at least 1989, farmers from Ivory Coast to Peru are preparing to revive supplies in the 2016-17 season that starts in October,