Dollar Eyes Weekly Drop on Tax; Asia Stocks Fall: Markets Wrap
published Dec 14, 2017, 7:48:06 PM, by Adam Haigh (Bloomberg) — Stocks in Asia declined and the dollar headed for its first weekly drop this month as investors assessed messages from Federal Reserve and European Central Bank meetings this week and amid lingering concerns about the Republican tax overhaul package.
Scientists Are Linking Extreme Weather to Man-Made Warming
published Dec 13, 2017, 4:54:14 PM, by Jim Efstathiou Jr. (Bloomberg) — Some of last year’s crazy weather — including extreme heat around the world to unusually warm waters in the Bering Sea — can be blamed on man-made climate change, according to a report from a group of weather
Liberty Tax Sex Scandal Draws Investor Suit Targeting Hewitt
published Dec 13, 2017, 4:35:09 PM, by Jef Feeley and Anders Melin (Bloomberg) — Some Liberty Tax Inc. investors have lost patience with founder John Hewitt. A pension fund is asking a judge to order Hewitt to relinquish his controlling stake in the national tax-preparation service after an internal review
GOP’s Taxing Question: Will the Middle Class Notice the Cut?
published Dec 11, 2017, 7:48:50 AM, by Sahil Kapur (Bloomberg) — A funny thing happened when Congress approved a tax cut for the middle class eight years ago: Most Americans didn’t notice. The 2009 economic-stimulus bill contained a one-year tax break worth $800 for married couples in 95 percent of
Will 2018 Be the Year of the Bank of Amazon? Experts Weigh In
published Dec 12, 2017, 4:00:00 AM, by Julie Verhage, Selina Wang and Jenny Surane (Bloomberg) — For the financial technology industry, 2017 will be defined as the year that the threat of tech giants grew stronger, artificial intelligence cemented its importance and some startups applied to become banks. What to
Trump Adviser Calls Russia and China `Threats’ to U.S. Liberty’
published Dec 12, 2017, 2:12:26 PM, by Margaret Talev (Bloomberg) — President Donald Trump’s top national security adviser described Russia and China as “revisionist powers” posing bellicose threats to the U.S. in a muscular speech that went further than his boss has in criticizing the two countries. “Geopolitics are back
U.S. Fuels the World as Shale Boom Powers Record Oil Exports
published Dec 12, 2017, 1:55:55 PM, by Laura Blewitt (Bloomberg) — The world’s largest oil consumer exported more hydrocarbons than ever before in 2017 and shows no signs of slowing down. You name it — crude oil, gasoline, diesel, propane and even liquefied natural gas — all were shipped abroad
Those Who Stood Up and Signed: Part 13
I still remember how our Social Studies in high school drilled into our minds how the signers of the Declaration of Independence were risking their lives signing that document. That they were, yet they were not going to allow themselves to be bullied to by any music celebrity, actor, anyone
Want More Women on Corporate Boards? This Stat Helps: Gadfly
published Dec 11, 2017, 3:24:26 PM, by Gillian Tan (Bloomberg Gadfly) — A global effort to bolster the number of women on corporate boards is taking longer than it should. But the recent performance of companies that lead their peers on this measure may accelerate change. An MSCI study published this
Trump Wants U.S. Return to Moon But Sets No Deadlines for NASA
published Dec 11, 2017, 5:27:34 PM, by Jennifer Jacobs and Dana Hull (Bloomberg) — President Donald Trump directed NASA on Monday to send American astronauts back to the moon and eventually to Mars, but eliminated his predecessors’ deadlines for such missions. “This is a giant step toward that inspiring future