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Carly Fiorina Responds to Criticism of Hewlett-Packard Sales in Iran
©2015 Bloomberg News NUZPNI6KLVR4 (Bloomberg Politics) — Carly Fiorina said Sunday that neither she nor Hewlett-Packard should be faulted for the sales of millions of HP printers in Iran when such business was prohibited by U.S. law. Appearing on Fox’s Fox News Sunday, Fiorina said that despite being the CEO of HP when
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Hawking Changes Black Hole Theory – A Well Thought Out Scream By James Riordan
Well, there may be a way out of Black Holes after all. That’s good news for those of you who have been worried that you might be out riding your bike one day and accidentally fall into one. Actually that would only be possible if you had some kind of
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Greece’s Year of Tumult Enters New Chapter as Tsipras Dominates
©2015 Bloomberg News NUZW8C6TTDSD (Bloomberg) — Greek voters had the choice to reject the man who led their country closer than ever to being forced out of Europe’s single currency. Instead, they embraced him. Alexis Tsipras and his Coalition of the Radical Left, or Syriza, emerged from a second election
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Putin Says Global Community Must Unite to Fight Islamic State
©2015 Bloomberg News NUPOUD6JTSEK (Bloomberg) — Russian President Vladimir Putin said the fight against Islamic State should be the global community’s top priority in Syria, rather than changing the regime of Bashar al- Assad. A broad coalition is needed to combat the threat posed by the terrorist group, which wants
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Politics Never Really Stopped at the Water’s Edge: James Gibney
©2015 Bloomberg View NUU7UG6KLVR7 (Bloomberg View) — Democrats and Republicans still agree on the need for the U.S. to engage with the world, according to a new survey; they just increasingly disagree about how to do it. But U.S. history suggests that sharp partisan divisions in foreign policy aren’t as
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Commodities Top Returns Even in Worst Meltdown of a Generation
©2015 Bloomberg News NUUPGX6KLVR9 (Bloomberg) — The biggest collapse in commodity prices in a generation is giving some investors the best returns of any asset class. Over the past 12 months, eight of the 10 best-performing U.S. exchange-traded funds were securities that benefited from declines in raw-material prices, with five
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Hewlett-Packard Job Cuts Reflect the Decline of a Tech Giant
©2015 Bloomberg News NUSDN86JIJUY (Bloomberg) — Hewlett-Packard Co.’s decision to cut payroll by as many as 33,300 more jobs is the latest reminder of the decline of a pillar of the U.S. computer industry and underscores Chief Executive Officer Meg Whitman’s urgent efforts to gird the company against nimbler rivals. It
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Emerging Stocks Advance as Currencies Extend Rebound Before Fed
©2015 Bloomberg News NUSGTE6KLVRJ (Bloomberg) — Emerging-market assets jumped, with the benchmark equities index rising to the highest level this month, and currencies climbed further from the record lows they slumped to last week as investors awaited the Federal Reserve’s decision on U.S. interest rates. The MSCI Emerging Markets Index added
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Dollar and Euro Weaken on Reports Showing Standstill Inflation
©2015 Bloomberg News NUSHDQ6KLVRB (Bloomberg) — Inflation — what a downer. The dollar and euro weakened against most of their major peers on sluggish data from both the U.S. and euro zone. Prices paid by American households declined 0.1 percent in August, the first decrease since January, while in the
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Iran Nuke Feud Shifts to Tehran as Hardliners Push to Sink Deal
©2015 Bloomberg News NUQBV56JIJUO (Bloomberg) — Efforts to kill the Iran nuclear deal are fading in Washington, but in Tehran they’re just heating up. Throwing his weight behind the push is Hossein Shariatmadari, who has run the loyalist Kayhan newspaper since Supreme Leader Ali Khamenei appointed him editor-in-chief more than