Chinese Hackers Charged With Trading on Stolen Law Firm Data
published Dec 27th 2016, 3:40 pm, by Christian Berthelsen (Bloomberg) —Three Chinese hackers made more than $4 million in illicit profits after breaking into the servers of top corporate law firms in New York, the U.S. said in announcing charges and the arrest of one of the men. The three
Devotional 12/28: Thank You!
We have all had quite a year! This elections, the economy, and the challenges presented by Barack Obama, and all we have been through personally have been really draining. I hope you are all using the holiday to rejuvenate and recharge. WE THANK YOU ALL FOR BEING FAITHFUL READERS AND FOR
Want to Visit Mars? Start With a New Moon Mission: Adam Minter
published Dec 25th 2016, 3:00 pm, by Adam Minter (Bloomberg View) — Fifty years ago, the U.S. had the moon to itself. Starting in 1969, when the first of six Apollo missions touched down, it seemed likely that American astronauts would make a long-term home on the lunar surface. Instead,
Democrats Plotting ‘Collision Course’ With Trump’s Tax Plan
published Dec 26th 2016, 4:00 am, by Sahil Kapur (Bloomberg) —Congressional Democrats say they’ll try to thwart Republican plans to overhaul the U.S. tax code by portraying them as a boon for the rich that betrays President-elect Donald Trump’s campaign promise to fight for working Americans. “There’s going to be
What UN Vote on Israeli Settlements Means — and What’s Next
published Dec 26th 2016, 10:17 am, by Jonathan Ferziger and Michael S. Arnold (Bloomberg) —United Nations Security Council 2334, which passed Dec. 23 by a vote of 14-0 with the U.S. abstaining, describes Israel’s settlements in the West Bank and East Jerusalem as illegal and an obstacle to peace with
Putin Sees Hope for Economy in Wage Growth, Easing Recession
published Dec 23rd 2016, 5:37 am, by Ilya Arkhipov and Stepan Kravchenko (Bloomberg) —President Vladimir Putin said Russia’s economy is returning to growth and there are signs that real wages are improving as the country emerges from its longest recession this century. While “of course” economic difficulties remain, a “positive
Want to Visit Mars? Start With a New Moon Mission: Adam Minter
published Dec 25th 2016, 3:00 pm, by Adam Minter (Bloomberg View) —Fifty years ago, the U.S. had the moon to itself. Starting in 1969, when the first of six Apollo missions touched down, it seemed likely that American astronauts would make a long-term home on the lunar surface. Instead, the
For Japan’s Abe, Diplomacy Is Set to Trump Economics in 2017
published Dec 25th 2016, 3:00 pm, by Connor Cislo and Andy Sharp (Bloomberg) —Shinzo Abe’s trip to Pearl Harbor later Monday, the first by a sitting Japanese prime minister in decades, presages a year filled with diplomatic and security challenges that are likely to keep economic reforms well down his
Google Lowered 2015 Taxes by $3.6 Billion Using ‘Dutch Sandwich’
published Dec 21st 2016, 9:25 am, by Jeremy Kahn and Martijn van der Starre (Bloomberg) — Alphabet Inc.’s Google saved $3.6 billion in worldwide taxes in 2015 by moving 14.9 billion euros ($15.5 billion) to a Bermuda shell company, new regulatory filings in the Netherlands reveal. The amount the company
Who’s Wasting the Most Vacation Days?
published Dec 22nd 2016, 4:04 am, by Polly Mosendz (Bloomberg) — ’Tis the season to be jolly, bright, and chained to your cubicle. A quarter of full-time workers ages 18 to 25 who get paid time off say that by year’s end they won’t have taken any of their paid