The Dow Is Hot. The Rest of the Market Is Not: Robert Burgess
published Oct 2, 2018, 3:28:49 PM, by Robert Burgess (Bloomberg Opinion) — The Dow Jones Industrial Average rose to a record Tuesday, and the S&P 500 Index was on the verge of doing the same. Those would surely be good signs, as President Donald Trump’s Twitter feed has pointed out
GE Should Have Gone a Step Further: Brooke Sutherland
published Oct 1, 2018, 12:34:53 PM, by Brooke Sutherland (Bloomberg Opinion) — “We need to hold teams accountable for the results,” John Flannery said last year on his first earnings call as GE’s CEO. On Monday, GE proved it’s doing just that, and it was Flannery who took the fall
Emerging-Market September Landmarks Point to Rally Into Year-End
published Oct 1, 2018, 6:00:01 PM, by Srinivasan Sivabalan and Selcuk Gokoluk (Bloomberg) — Is the second rebound in emerging-market assets going to be the real one? Developing-nation stocks and currencies seemed to rally from mid-August, only to resume declines as the U.S.-China trade war heated up. That changed from
The America First Trade Is Unwinding
published Oct 1, 2018, 1:52:37 PM, by Lu Wang (Bloomberg) — The America First trade that has divided financial markets this year continues to unwind, with the latest evidence showing in U.S. stocks. Thanks to President Donald Trump’s trade deal with Canada and Mexico, global growth bellwethers such as Boeing
U.S. Oil Wins as Major Crude Buyer Works to Fill Iran Gap
published Sep 26, 2018, 5:00:33 AM, by Heesu Lee (Bloomberg) — After South Korea became the first of Iran’s major oil customers to reduce imports to zero under American pressure, the nation’s biggest refiner is seeking alternative supplies to fill the gap. And U.S. crude is on the list. SK
Tesla Tumbles Most Since 2015 on Worries of Musk-Less Future
published Sep 28, 2018, 10:08:00 AM, by Dana Hull, Keith Naughton and David Welch (Bloomberg) — It’s nearly impossible to imagine Tesla Inc. without Elon Musk, its chairman, CEO, largest shareholder and public face. But a U.S. Securities and Exchange Commission lawsuit has raised questions about the executive’s future at
Oil Is One More Headache For Emerging Asia’s Tightening Plans
published Sep 30, 2018, 4:00:00 PM, by Michelle Jamrisko (Bloomberg) — Emerging Asia economies that were already under stress amid a Federal Reserve policy-tightening cycle, stronger dollar and global trade tensions are bracing once again for a resurgence in inflation pressures as oil and gas prices tick higher. That’ll make
SPORTS: Breaking Barriers Down Early by Brad Weisman
When I was about 11 years old my family and I went out for dinner to a local favorite in Illinois. It is called White Fence Farm and is in the outskirts of Illinois. Some of the best comfort food one could ever dream of, however that is the small
U.S. Oil Wins as Major Crude Buyer Works to Fill Iran Gap
published Sep 26, 2018, 5:00:33 AM, by Heesu Lee (Bloomberg) — After South Korea became the first of Iran’s major oil customers to reduce imports to zero under American pressure, the nation’s biggest refiner is seeking alternative supplies to fill the gap. And U.S. crude is on the list. SK
Musk Is Sued by SEC, Seeking a Ban, Over ‘Funding Secured’ Tweet
published Sep 27, 2018, 4:48:27 PM, by Matt Robinson (Bloomberg) — Elon Musk was accused by the Securities and Exchange Commission of misleading investors when he tweeted that he had funding lined up to take Tesla Inc. private. The SEC’s allegation, contained in a lawsuit filed fewer than two months