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U.S. Vision for Mideast Stability Runs Through Gas Pipelines
published Aug 21st 2016, 2:37 am, by David Wainer (Bloomberg) — The potential to benefit from new gas discoveries has created a rare opportunity for eastern Mediterranean countries including Israel and Turkey to forge closer ties, according to U.S. Secretary of State John Kerry’s envoy on energy affairs. Countries in
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The Rio de Janeiro Olympics Were Not a Disaster. Now What?
published Aug 21st 2016, 8:37 pm, by Jonathan Levin (Bloomberg) —It wasn’t perfect, but Rio de Janeiro pulled off the Olympics. For all the hand-wringing, the problems that affected Olympians and tourists were relatively benign. Olympic pool water turned green. Some stadiums were largely empty. A few visitors were mugged,
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Sports (Extra Olympics Special) by Brad Weisman: Olympic Focus Is Key
Since I was a little kid I was fascinated how someone could do one thing…one time…..perfect control and not fold under all of that pressure. Not all, but many Olympic athletes spend a career learning to be “great” at one thing. Now, we all know being perfect is not possible,
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Saudi Crude and Refined-Product Exports Hit Seasonal Record
published Aug 18th 2016, 6:01 pm, by Wael Mahdi and Javier Blas (Bloomberg) — Saudi Arabia raised its combined crude oil and refined-product exports to 8.83 million barrels a day in June, the highest on record for that month and the latest sign of the expansion of the kingdom’s share
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It’s Revenge of Weak Balance Sheets in S&P 500 as Stocks Hover
published Aug 18th 2016, 3:30 pm, by Joseph Ciolli (Bloomberg) — Add companies with shoddier finances to the list of U.S. stocks that have led the advance since February — a potentially bullish sign for investors waiting for the S&P 500 Index to snap out of its paralysis. Shares of
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*What Exactly Is It That We’re All So Polarized Over?: Justin Fox
published Aug 17th 2016, 2:45 pm, by Justin Fox (Bloomberg View) — The political history of the U.S. from the late 1830s through the 1850s is one long tragedy. President after president struggled to hold together an increasingly polarized nation. None served more than one term, two died in office
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China Creates New Economy Gauges of Innovation, Entrepreneurship
published Aug 17th 2016, 4:00 pm, by Bloomberg News (Bloomberg) — China is adding new instruments to its economic dashboard that will incorporate big data to help better track innovation and entrepreneurship in the new economy. Three indicators tracking innovation, entrepreneurship and the new economy are rolling out this year
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Exxon Said to Slow Louisiana Refinery as People Escape Flood
published Aug 17th 2016, 6:14 pm, by Barbara Powell and Brian K. Sullivan (Bloomberg) — Exxon Mobil Corp. curbed operations at the fourth-largest U.S. refinery as record flooding in Louisiana shut roadways, sent tens of thousands fleeing from their homes and threatened the state’s oil infrastructure. The Baton Rouge refinery
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Amazon Courts Women Entrepreneurs With Event to Boost Sales
published Aug 16th 2016, 8:17 pm, by Spencer Soper (Bloomberg) —Amazon.com Inc. is making an effort to woo more women entrepreneurs to its online marketplace, which attracts 300 million shoppers from 185 countries, by emphasizing the company’s global reach and tools for efficiently building a budding business. The company made
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Share the View: Be Skeptical of Miracles, Economic and Otherwise
published Aug 15th 2016, 4:00 am, by Share the View (Bloomberg View) —There’s No Such Thing as an Economic Miracle It’s not exciting, but it’s true: Wealthy countries tend to get there through slow, steady growth, and today’s developing economies will probably be no exception. So for a glimpse into China’s economic future,