published Mar 6th 2017, 7:01 pm, by Billy House (Bloomberg) — Republicans in Congress hope a new draft bill released Monday night will jump-start their stalled Obamacare repeal effort, though the most important factor may be how hard President Donald Trump works to sell it to lawmakers. Two House committees

published Mar 5th 2017, 5:00 pm, by Niclas Rolander and Niklas Magnusson (Bloomberg) — There’s a new Nordic buyout fund that’s drawing in investors eager to make money by responding to demographic and climate-related threats. Summa Equity, which was created by private equity veterans from Sweden and Norway, closed its

published Mar 5th 2017, 9:20 pm, by Bloomberg News (Bloomberg) — The collateral damage from any U.S.-China trade fight would likely spread far beyond the markets of Asia’s largest economy, according to Nomura Holdings Inc. Among the top 25 exporters from China to the U.S., more than 80 percent are

published Mar 5th 2017, 8:51 pm, by Joshua Brustein (Bloomberg) — For a decade, U.S. Senator Richard Durbin has wanted to reform a program that is alternatively seen as a necessary way for technology companies to hire technical experts and a boondoggle that outsourcers use to exploit foreign labor. Durbin,

published Mar 2nd 2017, 11:00 am, by Patrick Clark (Bloomberg) — After her family’s shiba inu died of cancer, Dawn Sabins decided to surprise her 7-year-old son with a new puppy. In March 2015, she dropped into a San Diego-area pet store looking for an English bulldog. She walked out

published Mar 2nd 2017, 3:04 pm, by Justin Sink, Jennifer Jacobs and Shannon Pettypiece (Bloomberg) — President Donald Trump said he has “total” confidence in Attorney General Jeff Sessions and sees no need for Sessions to recuse himself from any investigation of Russian meddling in U.S. politics. Trump voiced his

published Dec 8th 2016, 6:30 am, by Megan McArdle (Bloomberg View) — Income mobility is a problem for everyone. Most people, in most countries, dream of a world where birth does not limit your status in society. No country has achieved this happy end, though some of them do better

published Mar 2nd 2017, 6:30 am, by Lisa Abramowicz (Bloomberg Gadfly) — Pressure is rising for the biggest asset managers to significantly change the way they do business. Behemoth investment firms, from Fidelity to Vanguard to BlackRock, are locked in fierce competition to attract assets, even if that means dropping

published Feb 28th 2017, 5:00 am, by Gary Shilling (Bloomberg View) — Most forecasters believe the Trump administration’s estimates of 3 percent to 3.5 percent annual real gross domestic product growth in the next decade are far too rosy. The nonpartisan Congressional Budget Office foresees 1.9 percent per year between

published Feb 28th 2017, 7:16 pm, by Justin Sink, Margaret Talev and Jennifer Jacobs (Bloomberg) — President Donald Trump will emphasize in his first address to Congress three of the central themes that animated his presidential campaign and are the main thrusts of his early days in office: bolstering immigration