Cake Baker’s High Court Win Leaves Open Questions on Gay Rights
published Jun 4, 2018, 3:48:57 PM, by Greg Stohr (Bloomberg) — The U.S. Supreme Court left unresolved questions about the competing rights of business owners and gay customers as the justices issued a narrow ruling Monday favoring a Colorado baker who wouldn’t make a cake to celebrate a same-sex wedding.
Tax-Law Typo Risks Bankrupting #MeToo Victims Without GOP Fix
published Jun 5, 2018, 1:14:35 PM, by Jeff Green and Sahil Kapur (Bloomberg) — Republicans are considering a fix to a provision in their new tax law that they acknowledge could inadvertently penalize victims of sexual harassment in the workplace. But congressional gridlock before midterm elections in November means there’s
Oil Climbs as U.S. Stockpiles Point to Tightening Supply Picture
published Jun 5, 2018, 2:44:38 PM, by Jessica Summers (Bloomberg) — Oil rose for the first time in four sessions as traders braced for a U.S. government report that’s expected to show sliding domestic crude stockpiles. Futures rose 1.2 percent in New York on Tuesday. Twelve of the 13 analysts
Trump Support Wavering in Farm Country Over Ethanol, Trade
published Jun 5, 2018, 2:18:00 PM, by Alan Bjerga and Mario Parker (Bloomberg) — Even as Donald Trump tweets his support for U.S. agriculture, farmer loyalty for the president looks like it’s starting to waver over moves that may undermine corn-based ethanol and escalate trade disputes with countries that import
Apple Ups Privacy Controls in Growing Spat With Facebook
published Jun 4, 2018 7:10:13 PM, by Mark Gurman (Bloomberg) — Apple Inc. executives rarely call out Facebook Inc., but they made more moves on Monday to limit the social network’s data collection. In iPhone, iPad, and Mac software updates later this year, Apple’s default Safari web browser will show
Hated by Many, Distressed Debt Brawler Isn’t About to Back Down
published Jun 4, 2018 3:00:01 PM, by Tiffany Kary, Katia Porzecanski and Sridhar Natarajan (Bloomberg) — Mark Brodsky knows the nasty things the haters say about him. Things like he’s a bully. An extortionist. A hedge-fund vulture. But suggest that he’s litigious, and his eyes widen. “If anyone calls us
North Korea’s Nuclear Progress Led Kim to Talks, Clapper Says
published Jun 4, 2018 4:06:04 PM, by Tony Capaccio, Chris Strohm and Shannon Pettypiece (Bloomberg) — North Korean leader Kim Jong Un’s decision to sit down with the U.S. was fueled by his regime’s view that it made significant achievements in its nuclear weapons program and would no longer be
Matt Levine’s Money Stuff: Broker Robots Will Calm Your Panic
published May 30, 2018 9:33:25 AM, by Matt Levine (Bloomberg Opinion) — Morgan Stanley has some computers. One argument that you sometimes hear for flesh-and-blood human financial advisers is that, in times of market panic, when customers are desperate to sell, those human advisers can calm them down and keep
Why Buy a Car When You Can Subscribe to One?: Nathaniel Bullard
published Jun 1, 2018 1:00:12 PM, by Nathaniel Bullard (Bloomberg Opinion) — Venture capital investor and longtime technology observer Mary Meeker has published her annual Internet Trends presentation — 294 slides this year, including a section on transportation. There’s a useful finding on slide 128: What Americans spend on purchasing
China Opens Europe Charm Offensive as Trump Stokes Trade Dispute
published Jun 3, 2018 5:01:00 PM, by Keith Zhai and Peter Martin (Bloomberg) — China is reaching out to Europe with pledges to improve market access for companies in a charm offensive that contrasts with President Donald Trump’s escalation of trade disputes worldwide. China’s ambassador to the European Union, Zhang