published May 22nd 2017, 4:00 pm, by Bloomberg News (Bloomberg) —Inside a gated compound patrolled by armed guards, hulking towers and concrete buildings loom over fields where Silva Muthemba once grew maize and fattened his cattle. The granaries and surveillance cameras in this corner of southern Mozambique were part of

published May 22nd 2017, 6:05 pm, by Lucas Shaw, Nate Lanxon and Joe Mayes (Bloomberg) —Media companies hoping to challenge Netflix and YouTube with their own online services are getting a huge boost from an unexpected source: Amazon.com Inc. For about a year and a half, Amazon’s Prime membership service

published May 21st 2017, 4:28 pm, by Jonathan Ferziger and David Wainer (Bloomberg) —Israel passed a series of measures aimed at bolstering the Palestinian economy as a confidence-building measure before U.S. President Donald Trump arrives and elaborates on his plans for addressing the Middle East conflict. Prime Minister Benjamin Netanyahu

published May 21st 2017, 9:00 am, by Albert R. Hunt (Bloomberg View) —The Democratic Party’s chance to win back the House of Representatives next year, considered a long-shot only a short while ago, is soaring thanks to a crack recruiter: President Donald Trump. Trump is energizing Democrats and demoralizing Republicans.

As a kid and teenager taking a jolt to the head meant nothing. You got back up and played the game. If you could see stars you were in fact excited and if you saw fireworks it was a treat. Perhaps there is nothing comical about seeing either. In fact,

published May 19th 2017, 8:32 am, by Matt Levine (Bloomberg View) —MiFID II. One thing that I like to say around here is that a lot of the financial industry is run as essentially a gift economy. Investment bankers don’t just do stuff for clients and send them the bill:

As college football approaches it is important to see how some athletes make big changes when they step away from the game. Todd Marinovich has been in the news quite bit for his downfall and getting back on his feet. He was a star at USC and made it into

published May 17th 2017, 10:31 am, by Suzanne Woolley (Bloomberg) —With graduation gifts, it’s the thought that counts. The cash is nice, too. Spending on graduation gifts in the U.S. is expected to reach $5.6 billion this year, according to a new survey from the National Retail Federation. That tops last

published May 18th 2017, 5:00 pm, by Adam Minter (Bloomberg View) —It’s been an excellent few months for startups in China’s sharing economy. Perhaps too good. The bike-sharing industry landed its first unicorn, and companies that allow phone users to share battery packs have raised at least $150 million in

published May 18th 2017, 6:01 pm, by Mark Shenk and Grant Smith (Bloomberg) —OPEC will extend an accord that trims production, even as surging U.S. output threatens the group’s goal of draining excess supply, according to a Bloomberg survey. The Organization of Petroleum Exporting Countries and its allies will prolong