Indian Billionaire Senses U.S. Bonanza From Trump’s Tax Agenda
published Feb 6th 2017, 3:00 pm, by Anuchit Nguyen (Bloomberg) — Billionaire Aloke Lohia sees the possibility of a major boost for his petrochemical company Indorama Ventures Pcl, courtesy of President Donald Trump’s tax agenda. The Bangkok-based maker of plastics used in items such as Coca-Cola Co. bottles generates about
Google China App Entry Won’t Be Something to Shout About: Gadfly
published Feb 6th 2017, 3:31 pm, by Tim Culpan (Bloomberg Gadfly) — Alphabet Inc.’s Google Play mobile app store may finally find its way into China. NetEase Inc., China’s second-largest online games provider, approached Google to form a joint venture to launch the app download service in the country, The
Israel’s Knesset Legalizes Settlement Outposts in the West Bank
published Feb 6th 2017, 4:06 pm, by David Wainer and Michael S. Arnold (Bloomberg) — Israel’s Parliament passed a controversial bill legalizing West Bank settlement outposts as Prime Minister Benjamin Netanyahu was en route home from meeting the U.K. prime minister. Speaking with reporters in London on Monday after meeting
*Colleges to Trump: Keep Out
published Jan 30th 2017, 9:11 pm, by Zara Kessler (Bloomberg) — U.S. universities are grappling with President Donald Trump’s executive order curtailing immigration and its implications for their eclectic faculty and student bodies. Here are excerpts of their responses — angry, passionate, and personal. A threat to higher education, and
Investors Have Never Loved OPEC So Much as Cartel Sticks to Cuts
published Feb 5th 2017, 6:01 pm, by Jessica Summers (Bloomberg) — Investors are betting big that OPEC’s cuts are real. Money managers are the most bullish ever on West Texas Intermediate crude for a second week as signs show OPEC and other nations are slashing production. The group cut supply
Trump Speaks of ‘Strong Support’ for NATO in Call With Leader
published Feb 5th 2017, 6:32 pm, by Patricia Laya (Bloomberg) — President Donald Trump pressed the North Atlantic Treaty Organization’s general secretary on how to encourage member nations to pay more for their defense while expressing “strong support” from the U.S. for the alliance, according to a readout of the
Invest Smarter by Breaking Your Filter Bubble: Barry Ritholtz
published Feb 2nd 2017, 10:51 am, by Barry Ritholtz (Bloomberg View) — Consumers of media: You are doing it all wrong.Since the election, your personal filter bubble has been a big topic of conversation. Media sources consumed by both the coastal elite and fly-over-country Americans were each shown to suffer
No Fireworks for Chinese Stocks at Start of Year of the Rooster
published Feb 2nd 2017, 7:41 pm, by Justina Lee (Bloomberg) — Chinese stocks opened lower after a week-long break that saw growing international concern over President Donald Trump’s policies. The Shanghai Composite Index fell 0.3 percent to 3,150.16 at 9:37 a.m. local time. A gauge of Chinese shares traded in
Trump Tells Israel New Settlements Not Helpful to Peace Process
published Feb 2nd 2017, 5:43 pm, by Joe Sobczyk (Bloomberg) — The Trump administration told the Israeli government that building new settlements in disputed territory in the West Bank will hurt attempts to reach a peace agreement between Israel and the Palestinians. “While we don’t believe the existence of settlements
SPORTS by Brad Weisman: Super Bowl Weekend and Laughing
As we rush into the Super Bowl this weekend we see two teams that clearly have had great seasons. Tom Brady continues to prove that he can drive the Patriots to big games year in and year out. However, the better story is the Atlanta Falcons who have not seen