published Jan 25, 2018 1:45:55 PM, by Marthe Fourcade (Bloomberg) — The Bill & Melinda Gates Foundation is working with China’s health agency to help authorities there improve their standards, potentially creating a challenger to the world’s two most powerful regulators, billionaire Bill Gates said. The U.S. and European regulatory

published Jan 25, 2018 12:34:42 PM, by Shannon Pettypiece and David Wainer (Bloomberg) — President Donald Trump said in a meeting with Israeli Prime Minister Benjamin Netanyahu that he would cut off funding to the Palestinians unless they agree to resume peace talks. Trump said at the  World Economic Forum in

published Jan 25, 2018 12:54:16 PM, by Matthew Boyle (Bloomberg) — Wal-Mart Stores Inc. is cutting 400 to 500 jobs at headquarters this week, the latest effort to streamline a retail empire under threat from Amazon.com Inc. The layoffs will hit the company’s marketing, human resources, merchandising, real estate, logistics

We have all succumb to the notion that being educated will get us ahead. Even more interesting is how location plays a role in education. 50% of high school graduates attend college within 100 miles of their hometown. 72% remain in state to keep the burden of expenses down. Future

published Jan 25, 2018 7:46:38 AM, by Katia Dmitrieva (Bloomberg) — U.S. filings for unemployment benefits increased a week after plunging to the lowest level since 1973, underscoring a still historically tight jobs market, Labor Department figures showed Thursday. Highlights of Jobless Claims (Week Ended Jan. 20) Jobless  claims increased by

published Jan 25, 2018 9:14:19 AM, by Katia Dmitrieva (Bloomberg) — U.S. purchases of new homes declined more than projected last month and were revised down in the prior period, showing the market returned to a less exuberant pace as the year drew to a close, according to government data

published Jan 23, 2018 3:00:00 PM, by John Lippert (Bloomberg) — More than three decades after Honda Motor Co. first built an Accord sedan at its Marysville, Ohio, factory in 1982, humans are still an integral part of the assembly process — and that’s unlikely to change anytime soon. Even

published Jan 23, 2018 4:17:49 PM, by Margaret Talev (Bloomberg) — U.S. Vice President Mike Pence will take a higher-profile approach to attending the Winter Olympics in South Korea next month to help counter what a White House official called North Korea’s propaganda efforts at the games. Concerned about North

published Jan 18, 2018 8:39:36 AM, by Matt Levine (Bloomberg View) – Hovnanian. We have talked a few times recently about Hovnanian Enterprises Inc., which got favorable financing from Blackstone Group’s GSO Capital Partners through some credit-default-swap market machinations. GSO had bought CDS protection that would pay off if Hovnanian defaulted. Hovnanian will refinance its

published Jan 22, 2018 5:21:23 PM, by Laura Blewitt and Mario Parker (Bloomberg) — After nearly 150 years in business, the biggest oil refinery east of the Mississippi River has operated through the Great Depression, two world wars and the 1970s Saudi oil embargo. It’s faced more than one shutdown.