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Trump Tempers Optimism on North Korea: `Only Time Will Tell’
published Apr 22, 2018 5:58:54 PM, by Ros Krasny (Bloomberg) — President Donald Trump tempered his optimism on North Korea on Sunday, saying that “only time will tell” how things turn out, as U.S. lawmakers sounded skeptical about promises made by Pyongyang ahead of possible historic talks between the countries
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What Global Finance Chiefs Are Saying About the Global Economy
published Apr 22, 2018 4:00:00 PM, by Enda Curran and Andrew Mayeda (Bloomberg) — “Things are good, but they’re getting risky.” That’s how David Lipton, first deputy managing director at the IMF, characterized the global economic state of play in a Bloomberg Television interview. His observation captured the mood at
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Russia Sanctions Spook Palladium Investors as Supply Fears Mount
published Apr 22, 2018 4:00:00 PM, by Joe Deaux (Bloomberg) — Hedge funds just made an abrupt about face in the palladium market as U.S. sanctions against Russian titans spark concerns that the world’s largest producer of the metal will get caught in the cross hairs. After the U.S. slapped
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U.S. Weighs Emergency Powers to Curb Tech Investments by China
published Apr 19, 2018, 6:15:51 PM, by Saleha Mohsin (Bloomberg) — The Treasury Department is considering using an emergency law to curb Chinese investments in sensitive technologies, as the Trump administration looks to punish China for what it sees as violations of American intellectual-property rights. The U.S. government is reviewing
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Is It the Spending or the Taxes? It’s a Bit of Both: Justin Fox
published Apr 13, 2018, 7:00:27 AM, by Justin Fox (Bloomberg View) — The U.S. appears to face a future of large, chronic federal budget deficits. Is that because taxes are too low or because spending is too high? In one sense, the question can only be answered with a value
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EU Is Said to Reject U.K. Brexit Plan as Irish Impasse Deepens
published Apr 19, 2018, 6:06:56 PM, by Ian Wishart and Dara Doyle (Bloomberg) — European Union officials are set to reject a potential U.K. solution to the crucial issue of what happens to the Irish border after Brexit, deepening the stalemate in negotiations. While the U.K. hasn’t made a formal
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Google’s Facebook Copycat Moves Put It in Privacy Hot Seat
published Apr 16, 2018 3:48:08 PM, by Mark Bergen and Ben Brody (Bloomberg) — No one at Google envied Mark Zuckerberg last week as he was being grilled by Congress. But for years, they certainly coveted the personal data that made Facebook Inc. a formidable digital ad player. And the
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Trump Says U.S. and North Korea Had Direct `High Level’ Talks
published Apr 17, 2018 3:15:52 PM, by Toluse Olorunnipa and Margaret Talev (Bloomberg) — President Donald Trump said the U.S. and North Korea have already had direct talks at “extremely high levels” in advance of a planned meeting between the two nations’ leaders this summer. The U.S. has “started talking
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Starbucks to Temporarily Shut 8,000-Plus Cafes for Bias Training
published Apr 17, 2018 1:15:38 PM, by Leslie Patton (Bloomberg) — Starbucks Corp. is temporarily closing more than half of its domestic stores next month so employees can undergo racial-bias training, a response to the arrest of two black men at one of its cafes in Philadelphia. The coffee chain
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SpaceX Will Make Massive, Mars-Bound `BFR’ Rocket at L.A. Port
published Apr 16, 2018, 5:10:28 PM, by Dana Hull (Bloomberg) — Elon Musk’s Space Exploration Technologies Corp. will build its giant in-development rocket, nicknamed “BFR,” at the Port of Los Angeles. “Officially announcing that SpaceX will start production development of the Big Falcon Rocket in the Port of L.A.,” Los