Kelly Is Said to Assure Sessions He Can Stay as Attorney General
published Aug 2nd 2017, 10:27 pm, by Chris Strohm (Bloomberg) —Attorney General Jeff Sessions is keeping his job, at least for now. New White House Chief of Staff John Kelly told Sessions in a phone call over the weekend that President Donald Trump doesn’t intend to fire him and that
Apple Signals Resilient IPhone Demand Helped by Supporting Cast
published Aug 1st 2017, 7:28 pm, by Alex Webb (Bloomberg) —Apple Inc. gave a revenue forecast that highlighted resilient demand for the iPhone ahead of the launch of its new models and the growing significance of the company’s supporting businesses. New iPhones typically go on sale in mid- to late
Tillerson Says `Peaceful Pressure’ Still Best North Korea Option
published Aug 1st 2017, 4:40 pm, by Nafeesa Syeed (Bloomberg) —U.S. Secretary of State Rex Tillerson urged continued “peaceful pressure” on North Korea, even as one Republican senator ratcheted up talk of war. Taking stock of his tenure after six months in office, Tillerson told reporters at the State Department
For Sale: Two Half-Finished Nuclear Reactors (Never Used)
published Aug 1st 2017, 5:05 pm, by Mark Chediak and Jim Polson (Bloomberg) —Looking to buy two half-finished nuclear reactors? It may be your lucky day. U.S. utility owner Scana Corp. dropped a plan to build two reactors at the V.C. Summer power plant in South Carolina on Monday after the projected
Devotional August 2nd: Children of a Lesser God
I was thinking about my time at Gallaudet University this past week. I spent the Fall of 1994 and the Spring of 1995 at Gallaudet University, the university for the Deaf (this is a capital “D”, because it is referring to the Deaf culture) in Washington D.C. It was an
Bureaucracies Creep Into End-of-Life Decisions: Megan McArdle
published Jul 27th 2017, 11:15 am, by Megan McArdle (Bloomberg View) —Everyone who has been touched by the case of Charlie Gard is in a terrible position. This 11-month-old British boy, born with an extremely rare mitochondrial DNA disorder that has damaged his brain and left him unable to move
Tesla Batteries May Back Up Massachusetts Offshore Wind Farm
published Jul 31st 2017, 7:02 pm, by Joe Ryan (Bloomberg) —Deepwater Wind LLC is proposing to pair Tesla Inc. batteries with massive offshore wind turbines as part of a bid to supply the state of Massachusetts with clean energy generated at sea. The 144-megawatt development would stockpile electricity produced late
Bigger Is Rarely Better in Money-Management Business: Noah Smith
published Jul 26th 2017, 12:45 pm, by Noah Smith (Bloomberg View) —Does market-beating performance disappear as an asset manager gets big? This is a crucial question for investors and for the finance industry. Most introductory finance classes, or personal finance tutorials, start with an explanation of compound interest. They show
Japan’s Tight Labor Market Has Problem Sectors That Crimp Wages
published Jul 30th 2017, 3:00 pm, by Yoshiaki Nohara (Bloomberg) —Economic theory suggests that the tightest labor market in more than 40 forty years ought to be more than enough to push wages and inflation higher in Japan. Reality is proving different. A sector-by-sector look at the job-to-applicant ratio released
Putin Says He Hopes Retaliation Stops After Ousting 755 U.S. Staff
published Jul 30th 2017, 3:01 pm, by Henry Meyer, Stepan Kravchenko and Ilya Arkhipov (Bloomberg) —Vladimir Putin said he hoped there wouldn’t be a need for further retaliation against Washington after his government ordered the U.S. to slash staff at its diplomatic missions in Russia by 755, or nearly two