`It Can’t Be True.’ Inside the Chip Industry’s Meltdown
published Jan 8, 2018, 8:33:36 PM, by Ian King, Jeremy Kahn, Alex Webb and Giles Turner (Bloomberg) — It was late November and former Intel Corp. engineer Thomas Prescher was enjoying beers and burgers with friends in Dresden, Germany, when the conversation turned, ominously, to semiconductors. Months earlier, cybersecurity researcher
Amazon Maintains Holiday Dominance Despite Stepped-Up Pressure
published Jan 5, 2018 11:36:32 AM, by Spencer Soper (Bloomberg) — Amazon.com Inc. maintained its online dominance in the 2017 holiday shopping season despite increasing competition from Wal-Mart Stores Inc., Target Corp. and Best Buy Co. Amazon captured 89 percent of all online holiday spending in the five-week period beginning
Don’t Expect OPEC’s Oil Output Deal to Collapse in 2018: Gadfly
published Jan 7, 2018 2:00:13 AM, by Julian Lee (Bloomberg Gadfly) — Whatever your view on the effectiveness of the deal between OPEC and a group of non-member countries to limit oil supply in order to drain excess inventories and boost prices, there is one thing that everybody seems to
Congress Will Be Different in 2018; Trump Won’t: Albert R. Hunt
published Jan 7, 2018 9:00:11 AM, by Albert R. Hunt (Bloomberg View) — Last year, congressional Republicans had the leverage to ram through a huge tax cut, repeal the requirement to buy health-insurance coverage, and put a conservative jurist on the Supreme Court. This year the tables have turned. Democrats,
Oil’s Famous Five: People Who Could Define the Market in 2018
published Jan 2, 2018, 7:00:00 AM, by Christopher Sell and Grant Smith (Bloomberg) — Will Saudi Arabia and Russia maintain their grip on production, or could they succumb to another surge in U.S. shale? Is it possible for the economic collapse of a major producer to send crude prices soaring,
Trump Seeks to Open Most U.S. Coastal Waters to New Drilling
published Jan 4, 2018, 4:29:15 PM, by Jennifer A. Dlouhy (Bloomberg) — The Trump administration is proposing to open almost all U.S. coastal waters to oil drilling, including those off California and Florida where activists have fought for decades to spare delicate ecosystems from oil spills. The proposal released Thursday
SPORTS United Nations by Brad Weisman
Sports play a pivotal role in many people’s lives. In particular, they are a place for kids to “dream” big and live through their heroes. At times, they become a way to unify the world. This February marks the long awaited winter Olympics to begin. It is the largest national
Samsung’s Former Strategy Chief Takes on GM, Google in Robotaxis
published Jan 4, 2018, 4:00:00 AM, by Sohee Kim (Bloomberg) — In the future of transportation, what would you get if you mixed the business models of Tesla Inc., Google and Samsung Electronics Co. with the budget of the world’s fifth-biggest automaker? Youngcho Chi is about to find out. Hired
Gay-Wedding Clash at U.S. Supreme Court Is No Piece of Cake
published Dec 4, 2017, 8:51:39 AM, by Greg Stohr (Bloomberg) — A brief discussion about a wedding cake has grown into a U.S. Supreme Court collision of some of the nation’s most cherished values. In a dispute that pits free speech and religious rights against equality, the justices on Tuesday
No Idea What MiFID Stands For? Here’s What You Need to Know
published Jan 1, 2018, 6:00:09 PM, by Sarah Jones, Will Hadfield and Silla Brush (Bloomberg) — Everyone in European finance has been abuzz over an obscure acronym — MiFID II — that’s about to radically change how assets from stocks to commodities are traded and investors’ money is managed. Banks