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The $12 Trillion Mutual Fund Men’s Club Needs More Women: Gadfly
published Jan 30, 2018, 6:30:17 AM, by Tara Lachapelle (Bloomberg Gadfly) — By now we know that having more women on leadership teams enhances businesses. We also know that women have qualities that make them good investors, such as their approach to risk. Why then are there still so few
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U.K. Starting Salaries Rise to Highest Since Before Brexit Vote
published Feb 1, 2018, 6:01:00 PM, by David Goodman (Bloomberg) — U.K. starting salaries have climbed to the highest level since before the Brexit vote — a further indication that the tightness in the labor market is starting to lift pay growth. Advertised salaries climbed 1.9 percent in the year
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Amazon Investments Pay Off With Rising Sales and Bigger Profit
published Feb 1, 2018, 6:45:21 PM, by Spencer Soper (Bloomberg) — Amazon.com Inc. Chief Executive Officer Jeff Bezos can take a victory lap. Years of investments in warehouses and robots and data centers and gadgets — that have often tested investor patience — paid off big for Amazon over the
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Shale Sends U.S. Oil Output Past Historic 10 Million-Barrel Mark
published Jan 31, 2018, 7:00:00 PM, by Jessica Summers (Bloomberg) — U.S. oil production surged above 10 million barrels a day for the first time in more than four decades, another marker of a profound shift in global crude markets. The milestone comes weeks after the International Energy Agency said
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Cruz Blasts Citizenship Path for Dreamers Suggested by Trump
published Jan 25, 2018, 2:13:23 PM, by Sahil Kapur (Bloomberg) — Senator Ted Cruz blasted the idea of giving young undocumented immigrants a path to citizenship, a day after President Donald Trump said he was open to the idea as part of immigration legislation being negotiated in Congress. “I do
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Facebook Says Business Stays Strong Amid News Feed Changes
published Jan 31, 2018, 7:39:34 PM, by Sarah Frier (Bloomberg) — Facebook Inc. may be making major changes aimed at fixing its impact on society. But its business is as safe as ever. That’s the message from executives after an adjustment to the news feed algorithm — the company’s biggest
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Facebook Bans Ads Tied to Bitcoin, Other Cryptocurrencies
published Jan 30, 2018, 2:29:23 PM, by Sarah Frier and Julie Verhage (Bloomberg) — Facebook Inc. is banning ads on its social network that promote cryptocurrencies, initial coin offerings and binary options, saying they’re “frequently associated with misleading or deceptive promotional practices.” The policy will be “intentionally broad” while Facebook
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Marijuana Mapped: the Price of Weed Across the U.S.
published Jan 30, 2018, 2:37:54 PM, by Jen Skerritt (Bloomberg) — It’s relatively cheap in Seattle, and L.A. and San Francisco are pretty competitive, but it’s an entirely different story on the East Coast, especially in the nation’s capital. We’re talking marijuana prices, of course. According to the 2018 Cannabis
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Stocks Tumble, Bonds No Haven as Selloff Worsens: Markets Wrap
published Jan 30, 2018, 3:09:11 PM, by Sarah Ponczek and Kailey Leinz (Bloomberg) — The Dow Jones Industrial Average tumbled 362 points, helping to send U.S. stocks to the biggest two-day decline since May, while yields on benchmark government bonds touched April 2014 highs as caution crept into markets after
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Delaying Retirement Can Have Remarkable Benefits: Justin Fox
published Jan 23, 2018, 10:55:21 AM, by Justin Fox (Bloomberg View) — You’re 49 years old, you make $113,000 a year and you’re starting to get worried about financing your retirement. You could take the drastic step of upping your retirement savings by 10 percent of your salary. Or you