published Feb 14, 2018 3:21:58 PM, by Mark Niquette (Bloomberg) — President Donald Trump told lawmakers he would support a 25-cent increase in the federal gasoline tax to pay for his plan to upgrade U.S. public infrastructure, a congressional aide said. Oregon Representative Peter DeFazio, the top Democrat on the

published Feb 13, 2018 6:13:02 PM, by Laura Litvan and Sahil Kapur (Bloomberg) — Senate Majority Leader Mitch McConnell said he wants to wrap up immigration legislation this week even as senators working on bipartisan compromises say none of the proposals offered so far has enough votes to pass. “I

published Feb 13, 2018 7:02:22 PM, by Bloomberg News (Bloomberg) — As tensions escalate between the U.S. and China, one crop is emerging as the most powerful weapon in a potential trade war: the soybean. China is the biggest buyer of American soybeans, picking up about a third of the

published Feb 12, 2018 5:25:00 PM, by Chris Dolmetsch (Bloomberg) — International Business Machines Corp. called foul on Microsoft Corp.’s hiring of its chief diversity officer in a case that elevates recruiting and promotion of an inclusive workforce to the level of safeguarding proprietary technology. IBM claims the information that

published Feb 12, 2018 4:44:53 PM, by The Editors (Bloomberg View) — In the quarter-century that the world has been dealing with North Korea’s nuclear program, there have been precious few nuggets of good news. The U.S. response to an olive branch from dictator Kim Jong Un may be one

published Feb 12, 2018 4:00:14 PM, by Conor Sen (Bloomberg View) — It might seem puzzling that Asia’s getting three Olympics in a row. South Korea has the 2018 Winter Games, Japan has the 2020 Summer Games, and China has the 2022 Winter Games. Shouldn’t the International Olympic Committee spread

published Feb 11, 2018, 3:00:00 PM, by Heesu Lee (Bloomberg) — Oil investors rattled by the threat of U.S. output can find some cheer from diesel demand in Asia. Strong consumption of the fuel — used to power everything from trucks to ships and factories — underpinned crude’s bull run

published Jan 9, 2018, 3:22:29 AM, by Jonathan Ferziger (Bloomberg) — Israel’s Knesset authorized an ultra-Orthodox cabinet minister to close stores on the Jewish Sabbath, narrowly averting a crisis that Prime Minister Benjamin Netanyahu warned could bring down his government. The so-called minimarkets law squeaked through in a 58-57 vote

published Feb 6, 2018, 2:05:00 AM, by Saleha Mohsin and Irina Reznik (Bloomberg) — Russia’s billionaire oligarchs are beginning to face additional scrutiny on at least some financial transactions following U.S. publication of a list of wealthy Russians identified as allies of President Vladimir Putin. One wealthy Russian on the

published Feb 8, 2018 9:24:23 AM, by Tim Duy (Bloomberg Prophets) — The meltdown on Wall Street in recent days might have an upside: It could help extend the length of the expansion. I had three primary concerns about the extent of the equity rally of 2017 and the beginning