Trump Travel Ban Back in Court, But Win Won’t Restore It
published Mar 29th 2017, 3:06 pm, by Kartikay Mehrotra and Erik Larson (Bloomberg) — Trump administration lawyers are back in court Wednesday to argue the president’s travel restrictions on citizens of six mostly Muslim nations should be allowed to take effect. But even a win — which is a long
Ivanka Trump to Join White House Officially After Ethics Stir
published Mar 29th 2017, 4:10 pm, by Ben Brody, Lindsey Rupp and Bill Allison (Bloomberg) — Ivanka Trump said she will become an official unpaid federal employee after Democratic lawmakers said her unspecified role advising her father, President Donald Trump, raised questions about how she’d avoid conflicts-of-interests. “I have heard
Ten Ways to Get a Good Return on Your Cash (Stocks Not Included)
published Mar 28th 2017, 3:00 am, by Suzanne Woolley (Bloomberg) — Maybe you’ve been riding that bull for eight years and feel like it might be getting tired. Maybe you’re getting a little jumpy yourself, with all that money in stocks and now the Trump-rally turbulence. You could use this
Saudi Aramco Tax Cut to Prepare Oil Producer for Giant IPO
published Mar 28th 2017, 2:51 am, by Wael Mahdi (Bloomberg) — Saudi Arabia slashed the tax rate paid by state oil producer Saudi Aramco, a key milestone in preparing the company for what may be the world’s biggest initial public offering. Aramco’s income tax, paid on the company’s profit, is
Matt Levine’s Money Stuff: Neural Networks and Suspicious Edge
published Mar 28th 2017, 8:28 am, by Matt Levine (Bloomberg View) — Neural networks Consider a quant searching for factors that might push a stock over a benchmark index. Today an analyst has to manually select factors like price-earnings ratios to test. A quant using deep learning gives the neural
Treasuries Higher as Expectations for Fiscal Stimulus Fade
published Mar 27th 2017, 11:16 am, by Elizabeth Stanton (Bloomberg) — Treasuries rose Monday, extending last week’s gains, amid rising doubt that the Trump administration will be able to deliver on initiatives including tax cuts after failing to win House approval for health-care reform. Yields were lower by two to
Supreme Court Weighs Possible Curb on Patent Suit Locations
published Mar 27th 2017, 12:45 pm, by Susan Decker (Bloomberg) — The U.S. Supreme Court grappled over whether to upend a quarter-century of practice and limit where patent-infringement lawsuits can be filed. The justices Monday heard arguments in a case involving water flavoring containers that could end the reign of
Scientists Gear Up for a Battle Against Fake News: Faye Flam
published Mar 27th 2017, 2:00 pm, by Faye Flam (Bloomberg View) — People aren’t getting dumber, despite what a prolific writer of fake news told the Washington Post last fall, but something funny is going on with American media. There’s been an apparent surge in fabricated stories, while the president
Trump to Begin Reversing Obama-Era Cutbacks in Carbon Dioxide
published Mar 26th 2017, 10:14 am, by Jennifer A. Dlouhy (Bloomberg) — The Trump administration will issue an executive order on Tuesday that begins dismantling a rule under former President Barack Obama that slashed carbon dioxide emissions and discouraged coal-fired electricity, U.S. environmental chief Scott Pruitt said. “The executive order
Free Speech in Europe Isn’t What Americans Think: Noah Feldman
published Mar 19th 2017, 9:33 am, by Noah Feldman On free speech, the U.S. and Europe have also gone different ways. The German minister of justice threatened Facebook, Twitter and Alphabet Inc.’s Google search back in December, telling them they needed to move faster and better to remove hateful posts