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Netflix Proves It Can Raise Prices Without Losing Customers
published Apr 16, 2018, 6:30:37 PM, by Lucas Shaw (Bloomberg) — Netflix Inc. used to worry it would alienate customers by raising prices for its streaming service. Not any more. The company posted its strongest subscriber growth since going public 16 years ago, despite raising prices for most of its
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Reality Check for a Superstar Saudi Prince: Albert R. Hunt
published Apr 15, 2018, 9:00:13 AM, by Albert R. Hunt (Bloomberg View) — For three weeks ending last weekend in Texas, Saudi Crown Prince Mohammed bin Salman was the most celebrated foreign leader to visit the U.S. since China’s Deng Xiaoping almost 40 years ago. MBS, as he’s called, was
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Rise of ‘Gray’ Divorce Is Forcing a Financial Reckoning After 50
published Apr 13, 2018, 4:00:11 AM, by Suzanne Woolley (Bloomberg) — For some, it means liberation. For others, loss. For women in particular, the doubling of the divorce rate for the 50-plus crowd since the 1990s can mean something far more prosaic: a need to shoulder the big financial decisions
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`Shockingly Weak’ Cattle Market Means Cheap Burgers This Summer
published Apr 15, 2018, 3:00:00 PM, by Lydia Mulvany (Bloomberg) — When this seemingly never-ending winter finally gives way to warmer weather, here’s one more thing to look forward to: beef is likely to be cheaper for summer grilling. Cattle futures have been sliding as market watchers expect a landslide
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Russia Gambles That Its Debt Is Too Popular for U.S. to Sanction
published Apr 15, 2018, 4:00:01 PM, by Evgenia Pismennaya and Ksenia Galouchko (Bloomberg) — The popularity of Russian bonds among foreign investors might seem to make them vulnerable if U.S. sanctions force a mass exodus. For the besieged nation’s debt chief, it’s Russia’s best insurance against any future penalties. “Perhaps
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SPORTS: One Event One Big Impact by Brad Weisman
The outdoor industry continues to evolve as people look for a place to relieve themselves of stress. A hike can often allow for people to “think” about what is going on their lives. You don’t just have to be on a football or soccer field these days. We live in
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Sorry, Illinois, Your Taxes Aren’t Going Down Anytime Soon
published Apr 12, 2018, 9:45:11 AM, by Elizabeth Campbell (Bloomberg) — Illinois residents could enjoy lower taxes if their squabbling leaders tackle the debt-riddled state’s biggest problem — its massively underfunded pension system. But that’s a big if. Republican Governor Bruce Rauner, who’s running for re-election this year, says he
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A Sign of Hope for the Trans-Pacific Partnership: Editorial
published Apr 12, 2018, 6:40:13 PM, by The Editors (Bloomberg View) — Nobody expects a coherent and consistent trade policy from President Donald Trump. But sometimes incoherence and inconsistency are to be welcomed. Trump has apparently directed his trade advisers to explore rejoining the Trans-Pacific Partnership. This instruction contradicts much
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Europeans and U.S. Make Progress in Push to Preserve Iran Deal
published Apr 12, 2018, 7:20:07 PM, by Margaret Talev and Nick Wadhams (Bloomberg) — U.S. and European officials said they’ve made progress on revisions to the Iran nuclear accord to address ballistic missiles and sunset provisions, raising optimism among American allies that President Donald Trump can be persuaded not to
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Trump Weighs Strike Options on Syria as Allies Rally Over Attack
published Apr 11, 2018 5:41:56 PM, by Jennifer Jacobs and Robert Hutton (Bloomberg) — President Donald Trump is still weighing options for U.S. military action against Syria as Western powers rallied against Syrian President Bashar al-Assad over an apparent chemical weapons attack near Damascus. Pentagon chief Jim Mattis and other