Dollars and Optimism in Short Supply as Iran Awaits Trump Move
published Apr 29, 2018, 5:31:47 AM, by Golnar Motevalli and Ladane Nasseri (Bloomberg) — For half a century, Payam’s family hardware firm near Ferdowsi Square has supplied Tehran’s builders with tools — through revolution, war and more recently sanctions. But it has rarely seen times as bad as these. A
Here Are the Stocks to Watch After Two Koreas Agree to End War
published Apr 29, 2018, 3:30:00 PM, by Divya Balji and Heejin Kim (Bloomberg) — If you’re trying to figure out how it’s all going to play out on the South Korean stock market on Monday after Kim Jong Un’s historic call for peace, don’t worry, we’ve got the list for
In Asia, the Big #MeToo Dilemma Is Who You Gonna Call?: Gadfly
published Apr 29, 2018, 4:00:15 PM, by Nisha Gopalan (Bloomberg Gadfly) — While the #MeToo movement has toppled scores of executives in the U.S. and Europe, it’s been slower to take hold in Asia. Human resource departments may have something to do with it. It’s understandable that women are reluctant
SPORTS: NHL’s Maple Leafs Defeat Means No Championship Win in 51 Years
published Apr 26, 2018, 4:14:23 AM, by Eric Lam (Bloomberg) — To the Toronto ice hockey fans out there, don’t worry, there’s always next year. The National Hockey League’s Toronto Maple Leafs pushed its Stanley Cup drought to 51 years after a 7-4 loss to the Boston Bruins Wednesday, for
Starbucks Falls as Drink Promotions Fail to Invigorate Sales
published Apr 26, 2018, 4:12:01 PM, by Leslie Patton (Bloomberg) — Starbucks Corp.’s half-off drink deals and extra rewards offers helped it meet expectations in the latest quarter, but the shares dropped — a sign investors were expecting more. The coffee giant said adjusted profit met estimates, while comparable sales
Kim Jong Un Makes History With Short Walk Over Korean Border
published Apr 26, 2018, 7:31:41 PM, by Andy Sharp and Kanga Kong (Bloomberg) — Kim Jong Un on Friday became the first North Korean leader to enter South Korea since the peninsula was divided almost seven decades ago as talks begin over dismantling his nuclear weapons program. At 9:30 a.m.
Chick-Fil-A, Christianity and Ugly Criticism: Stephen Carter
published Apr 21, 2018, 7:00:28 AM, by Stephen L Carter (Bloomberg View) — The New Yorker has been taking it on the chin lately for its essay about Chick-fil-A’s “infiltration” of New York City. Although most of the piece is about the evils of fast food and the chain’s ubiquitous
Europe Wants a Robot Army to Challenge the U.S. and China on AI
published Apr 25, 2018, 6:01:00 PM, by Marc Champion (Bloomberg) — At the Bristol Robotics Laboratory in southwest England, dozens of tiny metal machines were poised to dance over a shiny white surface in “swarming” experiments to track how they organize themselves and work together. The scene at the European
South Korea Economy Rebounds in 1st Quarter After Contraction
published Apr 25, 2018, 6:33:55 PM, by Jiyeun Lee (Bloomberg) — South Korea’s economy returned to growth in the first three months of this year, buoyed by an ongoing exports recovery and corporate investments. The expansion came after gross domestic product fell for the first time in almost a decade
Millionaire Pass-Through Breaks Are Slammed by Senate Democrat
published Apr 24, 2018, 4:06:33 PM, by Sahil Kapur (Bloomberg) — A Senate hearing Tuesday indicated the politics of the tax overhaul haven’t changed since it passed in December, with Republicans singing its praises as an economist booster and Democrats torching it as a broken promise that mostly benefits the