published Jan 11th 2017, 5:00 pm, by The Editors (Bloomberg View) —India’s controversial decision to ban 500- and 1,000-rupee notes has backfired. The idea was to root out “black money” — the profits of political corruption, tax evasion and ordinary crime. But efforts to get around the ban have been

published Jan 11th 2017, 2:17 pm, by Aline Oyamada and Paul Wallace (Bloomberg) —Emerging-market currencies dropped as the lira headed for its biggest five-day loss since the global financial crisis after a support pledge by Turkey’s central bank failed to convince traders. The MSCI Emerging Markets Currency Index fell for

published Jan 11th 2017, 3:37 am, by Gwen Ackerman (Bloomberg) —The future of internet in Israel may depend on allowing a reorganization of Bezeq Israeli Telecommunication Corp., despite concerns the move could undermine years of efforts to make the local market more competitive. “If we don’t move ahead with a national

published Dec 5th 2016, 7:43 am, by Ramesh Ponnuru (Bloomberg View) —Robert P. George and Cornel West, both professors at Princeton, are a political odd couple. George is outspokenly conservative while West has been co-chair of the Democratic Socialists of America. One measure of the political distance between the two

published Jan 10th 2017, 3:23 pm, by Oliver Renick (Bloomberg) —U.S. equities were unchanged Tuesday as a rally in financial companies was offset by losses in energy shares. The S&P 500 Index closed at 4 p.m. unchanged from the day after swinging between gains and losses throughout the day. The

This past Christmas and New Years season was scary. I heard on the news a lot that Muslim terrorists were seeking to attack churches and public gatherings. Our own Jim Riordan wrote about it:(https://menofvalue.com/2016/12/25/isis-vows-attack-u-s-churches-well-thought-scream-james-riordan/) I was especially concerned since I go to a large church in Chicagoland and my family insisted

published Jan 10th 2017, 5:00 am, by Ellen Huet (Bloomberg) —Tracy Chou wrote a post on Medium in October 2013, challenging tech companies to tell the world what percentage of their software engineers were women. Surprisingly, it worked: Google, Apple, Facebook and others published their lopsided race and gender statistics, and Chou,

published Jan 9th 2017, 5:54 pm, by Mark Bergen and Ashlee Vance (Bloomberg) —Alphabet Inc. is in talks to sell the Skybox Imaging satellite business it acquired for $500 million less than three years ago, another sign the technology giant is ratcheting back grand ambitions to blanket the globe with

published Jan 9th 2017, 3:00 am, by Ben Steverman (Bloomberg) — It’s tax time again, and President-elect Donald Trump and his fellow Republicans in Congress have promised to slash them—especially for corporations and the rich. For millions of Americans, however, a tax increase will be the first thing they see.

published Jan 9th 2017, 10:59 am, by Alan Bjerga (Bloomberg) — Children keep getting more expensive to raise — fashion is pricier and so are doctor visits and day care, according to the U.S. government. At least food’s still relatively cheap. The cost for a middle-income family to raise a