As Toyota and Mazda Scour the U.S., Mississippi Opens Arms
published Aug 7th 2017, 2:04 pm, by John Lippert and Claire Ballentine (Bloomberg) —As Toyota Motor Corp. and Mazda Motor Corp. begin to scour the U.S. for where to put the first auto assembly plant announced under President Donald Trump, one state looks like a frontrunner: Mississippi. The Magnolia State
Americans Keep Crushing It With Their 401(k)s
published Aug 3rd 2017, 3:00 am, by Suzanne Woolley (Bloomberg) —It’s happened again: Retirement savings account balances have hit all-time highs. A string of record 401(k) and IRA account totals now stretches across three consecutive quarters, according to second-quarter data from Fidelity Investments. The data covers 22,155 companies and 15.1
Google’s Diversity Chief Slams Worker Memo on Gender Inequality
published Aug 6th 2017, 3:47 pm, by Megan Durisin and Neil Weinberg (Bloomberg) —Illustrating how Silicon Valley is grappling with the role of women in technology, Google’s new diversity chief forcefully pushed back against a male worker’s argument that a “politically correct monoculture” ignores differences in capabilities between the sexes.
These People Pay the Most Overdraft Fees
published Aug 4th 2017, 9:42 am, by Suzanne Woolley (Bloomberg) —Perhaps the most despised bank fee among consumers is the overdraft fee, an ugly $30 (or so) insult to your wallet. Many consumers have been hit with it at one time or another, usually when it’s the absolute last thing they need.
China’s Ascent Isn’t Looking So Inevitable Now: Michael Schuman
published Aug 6th 2017, 4:00 pm, by Michael Schuman (Bloomberg View) —The fall from grace of China’s Anbang Insurance Group Co. Ltd. continues to get steeper. Not long ago, the mysterious firm was chasing one foreign deal after another, becoming a symbol of China’s global economic ambitions. Now it appears
Delay Brexit and Buy Time, Business Lobby Suggests to May
published Aug 3rd 2017, 6:01 pm, by Alex Morales (Bloomberg) —Britain should stay in the European Union past Brexit Day. That is what one of the country’s biggest business associations proposes to Prime Minister Theresa May as calls for a fleshed-out transition period gather momentum. The Institute of Directors has
SPORTS: Giving Back On and Off The Court (part 2) by Brad Weisman
Many kids dream of being a professional athlete in their early years. It is a great thing to dream big and let reality find you over time. However, those dreams do become reality for some, and others have visions of something that extends beyond sports. Peter Ezugwu is what one
Want to Buy a Farm? Here’s Where Prices Are Rising and Falling
published Aug 3rd 2017, 4:58 pm, by Alan Bjerga and Dominic Carey (Bloomberg) —Ready to quit the city, buy a farm and live out your rural fantasy? Bargains can be found in South Dakota, but you better move quickly in California, which is getting pricey. Average farmland values nationwide have
Australia Terror Suspects Charged Over Plot to Bomb Etihad Plane
published Aug 3rd 2017, 6:32 pm, by Angus Whitley (Bloomberg) —Two men will appear in an Australian court on Friday charged over an alleged plot to bring down an Etihad Airways PJSC flight last month with a homemade bomb. The Australian Federal Police allege the two men, aged 49 and
Older Americans Aren’t as Poor as We Thought
published Aug 1st 2017, 4:45 am, by Ben Steverman (Bloomberg) —Millions of American workers are frozen out of their companies’ pension plans. Maybe you get a 401(k), if you’re lucky. But the traditional pension is dead. Unless, perhaps, you’re already retired. It still lives for millions of older Americans who worked and qualified for