
Ex-Apple Engineer Pleads Not Guilty to Trade Secret Theft
published Jul 16, 2018 5:26:07 PM, by Joel Rosenblatt (Bloomberg) — A former Apple Inc. engineer charged with stealing self-driving car secrets for a Chinese startup pleaded not guilty in federal court in San Jose, California. Zhang Xiaolang entered the plea through his lawyer Monday. He was arrested just before

Amazon Crashes on Prime Day, Threatening $3.4 Billion Haul
published Jul 16, 2018 5:40:30 PM, by Spencer Soper (Bloomberg) — Amazon.com Inc. kicked off its big Prime Day sales promotion with technical glitches on its website and app, threatening its 36-hour sales extravaganza. Trouble on the site spiked just as the event began at 3 p.m. Eastern time, but

Trump Was Asked Who the Biggest U.S. Foe Is. He Mentioned the EU First.
published Jul 15, 2018 10:55:18 AM, by Margaret Talev (Bloomberg) — President Donald Trump named the European Union as a “foe” of the U.S. in an interview, days after a contentious meeting with NATO allies, but a top European official said the suggestion was “ fake news.” The comment, using

Global Growth Peaked With a Whimper, Not a Bang: Daniel Moss
published Jul 15, 2018 6:00:15 PM, by Daniel Moss (Bloomberg Opinion) — That was the high point? We’ve probably seen the best of global growth for this cycle, but the peak wasn’t marked by the traditional catalysts for a slowdown like higher interest rates or a financial blowup. Instead it’s

Retirees Go Back to School to Live Out Golden Years on Campus
published Jul 10, 2018 9:48:55 AM, by Martin Z. Braun (Bloomberg) — A growing number of retirees are opting to spend their Golden Years living close to a university campus. Or, in the case of Purchase College, on it. Later this month, a non-profit organization affiliated with Purchase plans to

U.S. Consumer Comfort Nears 17-Year High on Better Finance Views
published Jul 12, 2018 8:45:00 AM, by Reade Pickert (Bloomberg) — Americans’ sentiment improved for a fifth-straight week, buoyed by brighter views of their personal finances and record-high confidence among Republicans, the Bloomberg Consumer Comfort Index showed Thursday. Highlights of Consumer Comfort (Week Ended July 8) Weekly index increased to

Trade War Sparks Mounting Concerns of Growth Risks: Economy Week
published Jul 12, 2018 6:01:14 PM, by Michelle Jamrisko and David Goodman (Bloomberg) — The trade war between the U.S. and China is continuing to intensify, leaving some worried about the potential consequences for global growth. Here’s our weekly wrap of what’s going on in the world economy. Trade Turmoil

ACLU Cites ‘Troubling’ Tales of Issues With Migrant Family Reunions
published Jul 12, 2018 7:03:33 PM, by Kartikay Mehrotra (Bloomberg) — The Trump administration’s effort to return the youngest children separated from their parents at the border hasn’t inspired the confidence of the American Civil Liberties Union. Among the 58 children under age 5 that the government has reunited in

Run-Up to U.S. Recession May Be Good Time for Emerging Markets
published Jul 11, 2018 6:00:00 PM, by Srinivasan Sivabalan (Bloomberg) — If the end of easy money, a trade war and myriad geopolitical dangers weren’t enough, a U.S. yield curve poised to invert is adding to the risks for investors. But there’s one asset class that’s less of a worry:

Trump Says High Court Logic Backs Military Transgender Ban
published Jul 11, 2018 6:39:27 PM, by Erik Larson (Bloomberg) — The Trump administration is now claiming the upper hand in legal challenges to its prohibition on transgender Americans in the military thanks to the the U.S. Supreme Court’s recent decision upholding the travel ban against several predominantly Muslim nations.