One of the World’s Hottest Short Sellers Is Changing Tactics
published Jun 28, 2018 6:01:06 PM, by Tom Redmond (Bloomberg) — Earlier this month, Soren Aandahl scored one of his biggest victories as a short seller when he dramatically took down the leader of a world-famous brand. In some ways, the resignation of Samsonite International SA’s chief executive officer after
Pence Defends Zero Tolerance Toward Central American Immigrants
published Jun 28, 2018 8:02:45 PM, by Margaret Talev (Bloomberg) — Vice President Mike Pence defended the Trump administration’s controversial “zero tolerance” immigration policy on Thursday, countering a public uproar as thousands of children were separated from their parents after illegally crossing the southern U.S. border. Pence, speaking in an
WOMEN AND FAMILY: Budgetary Responsibility by Brad Weisman
We unfortunately live in a world where money seems to control all too many things, however with that comes responsibility. As kid’s all we want is the things we “want” vs. “need”. As a parent, I have deep concerns about my kids understanding the importance of using money wisely. This
Musk Says ‘Rude Awakening’ Awaits Bearish Goldman Sachs Analyst
published Jun 27, 2018 2:28:34 PM, by Dana Hull (Bloomberg) — Elon Musk sent a companywide email to Tesla Inc. employees pushing back against a Goldman Sachs analyst’s prediction that the carmaker will miss estimates with its crucial Model 3 sedan this quarter. “They are in for a rude awakening
Semiconductor ETF Gets Lots of Cash, But Not for What You Think
published Jun 27, 2018 3:16:22 PM, by Carolina Wilson (Bloomberg) — So much for semiconductor stocks hitting a floor. A record inflow into an exchange-traded fund tracking chipmakers that looked like a bullish signal for the industry actually may have been another bearish beacon for a group that’s had a
Some Rules for the Battle to Replace Kennedy: Stephen L. Carter
published Jun 27, 2018 4:16:05 PM, by Stephen L. Carter (Bloomberg Opinion) — If you’re a Democrat, nothing says “Gotta take back the Senate” like the retirement of Supreme Court Justice Anthony Kennedy, author of the landmark decision legalizing same-sex marriage. The thought of President Donald Trump appointing Kennedy’s replacement
Trade War Hits Stocks as $8 Trillion in Bear Market: Inside EM
published Jun 26, 2018 3:08:10 PM, by Ben Bartenstein and Giulia Morpurgo (Bloomberg) — Stocks in developing nations slumped as heightened concern that a trade war will sap global economic growth put equity gauges worth $8 trillion in a bear market. Currencies also retreated and are heading toward their worst
How to Make Money Off Brazilian Stocks When They Are Sinking
published Jun 26, 2018 1:28:23 PM, by Vinícius Andrade and Carolina Wilson (Bloomberg) — There’s at least one way to make money and bet on Brazilian equities at the same time, even if the Ibovespa is down more than 7 percent this year. Just ask investors in the ProShares UltraShort
The U.S. Is Losing Ground in the Race for Energy Efficiency
published Jun 26, 2018 8:30:14 AM, by Riley Griffin (Bloomberg) — Italy and Germany tied for first place in the worldwide energy-efficiency race, according to a biennial international scorecard released on Tuesday by the American Council for an Energy-Efficient Economy. France, the United Kingdom and Japan followed suit. The United
Half of LGBT Workers Stay Closeted, Unmoved by Diversity Efforts
published Jun 25, 2018 12:03:18 PM, by Jeff Green (Bloomberg) — A little more than half of LGBT workers say they’re comfortable being out at work, according to a study released today by the Human Rights Campaign. It’s roughly the same number as a decade ago, and it calls into