Women Returning to Labor Market Power British Employment Surge
published Oct 18, 2017, 6:01:00 PM, by Lucy Meakin (Bloomberg) — A day after Bank of England Governor Mark Carney was grilled on the gender pay gap, new data showed that women are driving Britain’s jobs boom. Women accounted for 246,000 of the 317,000 increase in total employment over the
Solar Finds Unexpected Champion With Ad by Trump’s Pal Hannity
published Oct 18, 2017, 4:35:55 PM, by Christopher Martin and Brian Eckhouse (Bloomberg) —The U.S. solar industry has enlisted one of President Donald Trump’s best media friends for a campaign against import tariffs: Sean Hannity. Hannity voiced an advertisement asserting that tariffs on solar imports would threaten jobs in the
Top U.S. Health Insurer to Look at Trump Obamacare Alternatives
published Oct 17, 2017 9:51:25 AM, by Zachary Tracer (Bloomberg) — UnitedHealth Group Inc., the U.S.’s biggest health insurer, said it’s excited about the the chance to sell health plans President Donald Trump is promoting as alternatives to Obamacare. Last week, Trump signed an executive order promoting short-term health insurance
North Korea Is Playing a Longer Game Than the U.S.: Tyler Cowen
published Oct 17, 2017 1:19:20 PM, by Tyler Cowen (Bloomberg View) — If we think through the North Korea nuclear weapons dilemma using game theory, one aspect of the problem deserves more attention, namely the age of the country’s leader, Kim Jong Un: 33. Because peaceful exile doesn’t appear to
Xi Warns of Severe Challenges for China as Party Congress Opens
published Oct 17, 2017 8:25:26 PM, by Ting Shi (Bloomberg) — Chinese President Xi Jinping warned of “severe” challenges Wednesday, as he kicked off a twice-a-decade party meeting that may signal if he will appoint a successor to rule after 2022. Xi started the week-long event this morning with what’s
Netflix Tops Subscriber Outlook as Spending Nears $8 Billion
published Oct 16, 2017 4:13:32 PM, by Lucas Shaw (Bloomberg) — From Germany to Brazil, Netflix Inc. stormed ahead in its drive to create a global television network, scoring the video-streaming provider’s best third quarter on record and sending the shares to a new high. Shows such as thriller “Ozark,” starring
U.K. Is Said to Fear Brexit Breakdown Ahead as May, Juncker Meet
published Oct 16, 2017 2:52:19 PM, by Tim Ross (Bloomberg) —U.K. Prime Minister Theresa May’s government fears Brexit talks will break down unless the European Union gives ground at a key summit this week, according to a person familiar with her team’s views. Without a clear sign that negotiations will
Bankruptcy Isn’t for Everyone; Maybe It Should Be: Justin Fox
published Oct 10, 2017, 5:45:09 AM, by Justin Fox (Bloomberg View) —Robert Morris was a signer of the Declaration of Independence, the chief financier of the American Revolution, the superintendent of finance (Treasury secretary, basically) of the early republic, one of Pennsylvania’s first two U.S. senators, and, for a time,
China’s Bankers Cut Bond Deals Where Others Post Dinner Pics
published Oct 15, 2017, 3:00:01 PM, by Lianting Tu and Carrie Hong (Bloomberg) —In China, bankers and traders don’t just hit the phones or send an email when they have a deal to sell. They take to WeChat. Regulators elsewhere may be clamping down on the financial industry’s use of
U.S.-South Korea Trade Deal Can Still Be Improved: Editorial
published Oct 15, 2017, 5:00:09 PM, by The Editors (Bloomberg View) —Thankfully, President Donald Trump’s threats to summarily “terminate” the free-trade deal between the U.S. and South Korea have so far proved empty. Now, as the two sides sit down to renegotiate, there’s a chance to make some real improvements.