SPORTS by Brad Weisman: The Impossible Can Be Possible (NCAA/NFL)
The college football season has most recently come to a close. Every year we get excited to see who will make it to the college football championship. However, the last few years the top 5 teams have been teams we have expected to make it far along and compete for
How Obama Changed Investing Forever
published Jan 18th 2017, 4:00 am, by Ben Steverman (Bloomberg) —Here’s how one corner of Wall Street got a lesson in the power of the U.S. presidency. For years, personal finance writers have warned readers to keep an eye on their financial advisers. Some advisers, we pointed out over and
Student-Loan Startup Raises Money from Prosper’s Suber, Others
published Jan 18th 2017, 2:28 pm, by Dakin Campbell (Bloomberg) — Credible, which offers an online exchange for student and personal loans, raised $10 million from investors including Ron Suber, the president of Prosper Marketplace Inc., and Regal Funds Management to expand its business of matching borrowers with lenders. The
Netflix Adds Record New Customers With Gains at Home, Abroad
published Jan 18th 2017, 4:06 pm, by Lucas Shaw (Bloomberg) —Netflix Inc. signed up a record 7.05 million new customers in the fourth quarter, topping analysts’ estimates for domestic and international growth to cap the company’s first year as a global online TV service. The company added 5.12 million new
Oil Rises as Saudis See Market Balanced by June, U.S. Rigs Drop
published Jan 16th 2017, 1:08 pm, by Robert Tuttle and Grant Smith (Bloomberg) —Oil rose in New York after Saudi Arabia’s energy minister said OPEC probably won’t need to extend its supply cuts beyond June as the market reaches a balance. Futures rose 0.5 percent in New York after losing
Trump’s U.K. Trade Pledge Strengthens May as She Plans Brexit
published Jan 16th 2017, 9:43 am, by Tim Ross and Robert Hutton (Bloomberg) —Donald Trump’s promise of a speedy U.S.-U.K. trade deal strengthens Prime Minister Theresa May just as she’s preparing to set out her vision for Brexit. The U.S. president-elect’s pledge helps May by showing her European negotiating partners
Trump Meets King’s Son With Goal of Fixing ‘Broken Voting’
published Jan 16th 2017, 2:53 pm, by Shannon Pettypiece and Kathleen Miller (Bloomberg) —Donald Trump met Monday with Martin Luther King III, who said he used his time with the president-elect to discuss strategies to fix the U.S.’s “broken voting system.” The oldest son of the civil rights leader trekked
China Shares Head for Longest Losing Streak Since August 2015
published Jan 15th 2017, 9:54 pm, by Kana Nishizawa (Bloomberg) —Chinese shares fell for the fifth day in a row, the longest run of losses since August 2015, as a measure of developers tumbled on concern policy makers will boost efforts to curb speculators. The Shanghai Composite Index dropped 1.4
Myths and Truths About the Trump Presidency: Albert R. Hunt
published Jan 15th 2017, 10:49 am, by Albert R. Hunt (Bloomberg View) — To liberal Democrats and a few Republicans: Get over it. Donald J. Trump will become president of the United States this week. Accept it. As unsettling as the prospect may be, it’s better to go in open-eyed,
The A to Z of Theresa May’s Brexit as Her Vision Speech Nears
published Jan 15th 2017, 6:01 pm, by Alex Morales (Bloomberg) —For someone who declared she’ll give no “running commentary” on her Brexit plans, U.K. Prime Minister Theresa May has been quite talkative about Britain’s pending withdrawal from the European Union. On Tuesday, she is set to say even more as