Take Last-Ditch Obamacare Repeal Effort Seriously: Tyler Cowen
published Sep 18, 2017, 4:03:32 PM, by Tyler Cowen (Bloomberg View) —The Republicans are making yet another run at repealing Obamacare, this time with a bill sponsored by Republican senators Lindsey Graham, of South Carolina, and Bill Cassidy, of Louisiana. While this legislation doesn’t seem workable in its current form,
Dreams of European Life Spur Perilous Journeys From West Africa
published Sep 18, 2017, 5:00:01 PM, by Olivier Monnier (Bloomberg) —Kadi Bah saw people starving in the Sahara desert and drowning in the Mediterranean during her failed six-month odyssey to reach Europe. But as soon as the United Nations plane bringing her back home from Libya to Ivory Coast touched
Far From the Texas Coast, Hurricane Harvey Hits Oil Refiners
published Sep 18, 2017, 6:00:00 PM, by Jessica Summers and Barbara Powell (Bloomberg) —Three weeks after Hurricane Harvey ravaged the massive fuel-making industry along the Texas coast, the region’s recovery from storm damage is starting to disrupt plans for crucial maintenance at refineries thousands of miles away from the flood
Separating the Dos From the Don’ts of Investing: Ben Carlson
published Sep 15, 2017 2:26:56 PM, by Ben Carlson (Bloomberg View) — In late July, Oaktree Capital’s Howard Marks put out a memo describing current investment trends that could turn out to be mistakes. Marks urged caution on equity valuations, low volatility, FAANG stocks (Facebook, Amazon, Apple, Netflix and Google),
An Infrastructure Deal Should Be Easy, But Isn’t: Albert R. Hunt
published Sep 17, 2017 9:00:18 AM, by Albert R. Hunt (Bloomberg View) — The stars should be aligned for a big infrastructure deal. The lingering devastation from the hurricanes that crippled Houston and Florida underscored the national problems of crumbling roads and bridges, inadequate transportation systems and aging electrical grids.
Exodus of South Koreans Expected Over 10-Day National Holiday
published Sep 17, 2017 6:39:50 PM, by Jiyeun Lee (Bloomberg) —Even many South Koreans are looking elsewhere for holiday relaxation at a time when talk of war on the Korean peninsula and China’s boycott has hit inbound tourism. President Moon Jae-in hoped to boost domestic spending by declaring Oct. 2
Women and Family by Brad Weisman: Family Anonymity
I often have walked passed buildings in the city streets….college campuses……statues…..plaques etc and all have some kind of name associated with who the benefactor is that is attached to the infrastructure. It is great that there are people out there who donate their vast fortunes to build structures or even
Who’s Warren Buffett’s Successor? JPMorgan Thinks It’s Greg Abel
published Sep 14, 2017 12:42:24 PM, by Noah Buhayar (Bloomberg) — Who will succeed Warren Buffett as chief executive officer of Berkshire Hathaway Inc.? It’s one of the most guarded secrets in the business world. That didn’t stop JPMorgan Chase & Co.’s new Berkshire analyst from placing odds on one
Internet Tax Ruling Worth Billions Poised for Court Review
published Sep 14, 2017 3:42:36 PM, by Jef Feeley (Bloomberg) — The South Dakota Supreme Court brought the question of whether online retailers should pay sales tax back into sharp focus. The Mount Rushmore state’s highest court ruled Thursday that companies selling wares over the Internet can’t be forced to
North Korea Launched Missile Over Japan Into Pacific Ocean
published Sep 14, 2017 6:09:00 PM, by Shin Shoji and Kanga Kong (Bloomberg) — North Korea fired its second missile over Japan in as many months, a fresh provocation that comes shortly after the United Nations approved harsher sanctions against Kim Jong Un’s regime. Japan didn’t attempt to shoot down