*Obamacare’s Nonprofit Insurers Fail, Predictably: Megan McArdle
©2015 Bloomberg View NVEM7W6KLVRD (Bloomberg View) — Remember health care co-ops? No, of course you don’t, because unlike some people I could name, you did not spend most of 2009 and 2010 reading white papers, scouring newspapers and attending panels to keep up with the exciting minute-to-minute details of Obamacare’s
McCarthy Running to Replace Boehner as U.S. House Speaker
©2015 Bloomberg News NVEX7U6KLVRV (Bloomberg) — U.S. House Majority Leader Kevin McCarthy said he’s running to replace Speaker John Boehner, a position the five-term California congressman appears prepared to easily win. “We can’t ignore the differences that exist, but we can and must heal the divisions in our conference with
The Cities Where Millennials Are Taking Over the Housing Market
©2015 Bloomberg News NVDVW36JTSEO (Bloomberg) — Millennials are dominating the Des Moines housing market. That’s an odd piece of information that seems a little less odd—and a little more important—the longer you ponder it. Roughly 60 percent of borrowers who used a mortgage to buy a home in Iowa’s capital
Alcoa to Separate Into Two Publicly Traded Companies
©2015 Bloomberg News NVDVOE6JIJUO (Bloomberg) — Alcoa Inc., the biggest U.S. aluminum maker, will split itself into two public companies. The first, which will keep the Alcoa name, will concentrate on mining and metal production. The second will focus on high- technology products. The transaction will be completed in the
Oil Declines as Chinese Industrial Data Signal Weakening Demand
©2015 Bloomberg News NVDWG76S972K (Bloomberg) — Oil halted its advance near $45 a barrel as lower Chinese industrial profits signaled demand may be weakening in the world’s second-biggest consumer. West Texas Intermediate futures fell as much as 2.1 percent after climbing 2.3 percent last week. China’s industrial-company profits dropped 8.8
Paralyzed Man Walks Using Brain Power – A Well Thought Out Scream By James Riordan
Most times the only news we hear is bad. It’s sad or terrifying and makes us wonder how the world will survive. But sometimes, something really good happens and when we hear about it we feel a surge of hope inside. So now comes the story of how scientists helped
Rating the 401(k) of Fund-Rater Morningstar: Barry Ritholtz
©2015 Bloomberg View NV6W2G6S972D (Bloomberg View) — Over the years, I have been critical of the way 401(k)s are created, administered and managed. They can be expensive and filled with underperforming actively managed funds, some of which charge way too much. Some retirement plans offer too little diversification, especially in
NHL Should Put Patrick Kane on the Bench: Kavitha A. Davidson
©2015 Bloomberg View NV773N6KLVRA (Bloomberg View) — The Patrick Kane rape investigation continues to get uglier. Even before the latest bizarre development, we were well past the time for the NHL to intervene and take the Chicago Blackhawks star off the ice. On Wednesday, the accuser’s lawyer told reporters that an
Pope Francis Teaches Congress How to Do Politics: Clive Crook
©2015 Bloomberg View NV7AWF6JTSEP (Bloomberg View) — In listening to the pope’s address to Congress, I was initially most interested to hear what he would say about capitalism. Would he remind the U.S. Congress that the unfettered pursuit of profit is “the dung of the devil”? Or would he be
MEN OF VALUE INTERVIEW : MICHAEL O. SAJBEL by James Riordan
Michael O. Sajbel is a motion picture writer and director. His most recent released films are The Ultimate Gift starring James Garner, Brian Dennehy and Abigail Breslin which was released theatrically by Twentieth Century-Fox and was one of the top selling family drama DVD’s of 2009/2010 and One Night With