©2015 Bloomberg News Fox Hu (Bloomberg) — It looked like the perfect target for copycat investors in China: a state-run agency armed with more than $400 billion to prop up share prices. When the filings came in — showing China Securities Finance Corp. had taken major stakes in companies as

©2015 Bloomberg News NUQRSFSYF01T (Bloomberg) — A summit between OPEC and non-OPEC oil producers that Venezuela is proposing should focus on supporting prices rather than limiting volume, the country’s oil minister said Tuesday. Venezuela seeks a fair price for oil that will support economic growth and energy demand, Oil Minister Eulogio Del

©2015 Bloomberg View NUO40H6JTSEJ (Bloomberg View) — From the “Here We Go Again” files: Yet another big pension fund has decided, despite the overwhelming evidence to the contrary, to engage in higher-risk, higher-cost investing. One day, this might end well, but history is replete with an almost-unbroken string of examples

©2015 Bloomberg View NUOMV56S972I (Bloomberg View) — On the campaign trail this year, Carly Fiorina has been a staunch advocate of keeping crippling sanctions on Iran, but under her leadership, Hewlett-Packard sold hundreds of millions of dollars’ worth of products to Iran through a foreign subsidiary, despite strict U.S. export

©2015 Bloomberg View NUOQ0K6JTSEB (Bloomberg View) — When we talk about the past decade’s housing crisis, it’s natural to talk about subprime loans. Subprime loans give us a convenient, conventional story: predatory lenders charging people unconscionable interest rates, forcing innocent people into foreclosure and the rest of us into the

The Los Angeles City Council has approved a new transportation plan that will add hundreds of miles of bicycle lanes, bus-only lanes and pedestrian safety features.   The upshot of this move is that the city known for its epic traffic jams is sacrificing car lanes to make way for bikes and

©2015 Bloomberg News NUO3NL6KLVRH (Bloomberg) — The dollar declined for a second day against the yen amid speculation the Federal Reserve will refrain from increasing its benchmark interest rate this week. A gauge of the greenback reached a two-week low before the Federal Open Market Committee’s rate-setting meeting Sept. 16-17. U.S.

©2015 Bloomberg News Grant Smith (Bloomberg) — Oil traded near $45 a barrel in New York as a further pullback in U.S. drilling failed to temper expectations that the global oversupply will persist for most of next year. West Texas Intermediate futures were little changed after declining 2.8 percent Friday

©2015 Bloomberg View NUO3826JTSE8 (Bloomberg View) — Tom Hayes. One would have to say that former UBS swaps trader Tom Hayes was pretty guilty of manipulating Libor, insofar as he gave 82 hours of recorded confessions in which he said things like “I probably deserve to be sitting here because,

©2015 Bloomberg View NUHCRB6KLVRA (Bloomberg View) — How much should you know before your baby is entered into a medical study? That complicated and heartbreaking question has been at the center of a controversy about a clinical trial that tested the effects of different oxygen levels on premature infants with