Religious Freedom Rules Spark New Legal Fight in Culture War
published Oct 6, 2017, 7:14:25 PM, by Erik Larson and Andrew Harris (Bloomberg) — The Trump administration ratcheted up America’s raging culture war with new rules letting employers opt out of providing health insurance that covers birth control and paving the way for religious businesses and employees to discriminate based
Puerto Rico’s No-Conflict Governor Dodges Trump Tweet Again
published Oct 12, 2017, 4:26:34 PM, by Naureen S. Malik and Jonathan Levin (Bloomberg) — Puerto Rico Governor Ricardo Rossello on Thursday side-stepped another potential fight with the White House. Hours after President Donald Trump warned on Twitter that federal forces shouldn’t remain in Puerto Rico “forever,” Rossello spoke to
Amazon Studios Ensnared in Widening Hollywood Harassment Scandal
published Oct 12, 2017, 5:16:13 PM, by Lucas Shaw (Bloomberg) — Amazon.com Inc.’s film and TV unit was engulfed in the uproar in Hollywood over mistreatment of women, with multiple claims that the company didn’t do enough to respond to allegations of harassment. Isa Hackett, a producer on the Amazon
Fox Is Said to Project $20 Million in Lost World Cup Ads
published Oct 11, 2017, 2:42:21 PM, by Lucas Shaw, Eben Novy-Williams and Ira Boudway (Bloomberg) —Without the U.S. team in the 2018 World Cup, Fox Sports projects it will lose $10 million to $20 million in advertising sales, according to a person close to the company. The projection is lower
Musk’s SpaceX Successfully Launches Satellite for EchoStar, SES
published Oct 11, 2017, 6:06:41 PM, by Dana Hull (Bloomberg) —Elon Musk’s Space Exploration Technologies Corp. successfully launched another reused rocket from Kennedy Space Center in Florida as it continues its mission to drive down flight costs through refurbishment and reusability. The launch, SpaceX’s 15th this year, carried a high-powered
Koch Group Says Realtors Among Those `Jeopardizing’ Tax Bill
published Oct 11, 2017, 3:44:44 PM, by John McCormick (Bloomberg) —A group backed by billionaire industrialists Charles and David Koch unveiled a television and digital campaign Wednesday that claims “corporate welfare” threatens Republican efforts to dramatically alter the U.S. tax code. The Freedom Partners Chamber of Commerce is targeting the
Those Who Stood Up and Signed Part 6
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
Stocks in Asia Near Decade Highs; Euro Holds Gains: Markets Wrap
published Oct 10, 2017, 8:41:44 PM, by Adam Haigh and Andreea Papuc (Bloomberg) —Stocks in Asia traded near decade highs, while the euro held gains spurred by Catalonia’s president stepping back from an immediate declaration of independence from Spain. Japan’s Topix index fluctuated after closing at the highest in 10
Starbucks CEO Sees Decades of Growth From Its Chinese Expansion
published Oct 10, 2017, 2:50:04 PM, by Nick Turner and Craig Giammona (Bloomberg) —China is Starbucks Corp.’s biggest growth opportunity, and its expansion there could last decades without letting up. That’s the view of Chief Executive Officer Kevin Johnson, who spoke with Bloomberg’s Emily Chang at the GeekWire Summit in
Greenspan Fed Debut Shows Peril of Bond Traders’ Snap Judgments
published Oct 10, 2017, 5:11:33 PM, by Liz Capo McCormick (Bloomberg) —Marty Mitchell recalls how his colleagues on the trading desk at Perpetual Savings Bank in Virginia, along with the rest of the bond market, were stunned in June 1987 by the resignation of Federal Reserve Chair Paul Volcker and the choice