Economist Who Fled North Korea Says South’s Plan Falls Short
published Jul 8, 2018 3:00:00 PM, by Jungah Lee (Bloomberg) — South Korea’s blueprint for railroad links through North Korea to China and Russia falls well short of Kim Jong Un’s vision for developing his impoverished nation, according to a defector who provides economic research to the government in Seoul.
Bankers Quit Goldman, Citigroup for Biotech Riches in Hong Kong
published Jul 8, 2018 5:00:00 PM, by Vinicy Chan and Crystal Tse (Bloomberg) — Investment bankers in Hong Kong are catching biotech fever. At least seven senior bankers and analysts from top-tier securities firms have quit to join biotechnology companies in the city since December, responding to the industry’s growing
Trump’s Values and the Fate of Abortion Law: Francis Wilkinson
published Jul 7, 2018 9:00:19 AM, by Francis Wilkinson (Bloomberg Opinion) — Public opinion on abortion has been remarkably stable in recent decades, with significant but never overwhelming majorities supporting legal yet restricted abortion rights. Roe v. Wade, the Supreme Court decision that guarantees the right to abortion, with caveats
SPORTS: Is it Futbol or Soccer? by Brad Weisman
Let’s set the record straight that “Futbol” and “Soccer” are the very same sport. However, there is one delineation we often fail to see in the US. Soccer is a massive global sport that spans the world. Teams from Uruguay, France, Sweden, Croation, Russia and many more make up the
U.S. Industries Fear Worst Is Yet to Come From Trump Tariffs
published Jul 5, 2018 5:44:33 PM, by Mark Niquette (Bloomberg) — U.S. companies for months bemoaned the tariffs on Chinese imports that will take effect Friday. Now they fear the worst is yet to come in an escalating confrontation with Beijing over trade. Duties on $34 billion of Chinese goods
Got Shares in a Blockbuster IPO? Dump Them, Quick: Tim Culpan
published Jul 5, 2018 4:00:13 PM, by Tim Culpan (Bloomberg Opinion) — Investors lucky enough to secure shares in a big IPO and not be constrained by a lockup would be advised to offload them immediately. And if you’re eyeing the next blockbuster like Xiaomi Corp., don’t even bother. I
California Barred From Enforcing Parts of Sanctuary Laws
published Jul 5, 2018 3:16:08 PM, by Kartikay Mehrotra (Bloomberg) — A federal judge in Sacramento has ruled that private employers must comply with federal orders seeking information about immigrant employees, partly rejecting California’s sanctuary laws. Judge John Mendez approved the Justice Department’s request for a preliminary injunction against sections
The Biggest Risk Investors Face Is Getting Spooked, UBS Says
published Jul 4, 2018 4:41:34 AM, by Ksenia Galouchko (Bloomberg) — The biggest risk investors face in the rest of 2018 is letting their emotions spook them into selling stocks, according to UBS Wealth Management. “By focusing too heavily on short-term risks and not enough on long-term growth, many investors
Trump Tariff Threat Jolts Car-Parts Giant Eyeing China Expansion
published Jul 4, 2018 10:00:00 AM, by Kevin Buckland and Nao Sano (Bloomberg) — Japan’s biggest auto-parts supplier has joined the industry chorus warning of disruptions from President Donald Trump’s proposed tariffs on cars and components. Denso Corp., whose $37 billion market value exceeds Fiat Chrysler Automobiles NV, sees the
Open-Plan Offices Are Making Us Less Social: Leonid Bershidsky
(Bloomberg Opinion) — In recent years, a number of big companies – IBM, Bank of America, Aetna, Yahoo! under former chief executive officer Marissa Mayer – cut back on their telecommuting programs in the name of more interaction and cooperation between employees, supposedly fostered by being stuck together in an office.