Rich Moms and Millennials Make Canada Hot for Rolls-Royce
published Jun 7, 2018 3:55:52 PM, by Natalie Obiko Pearson (Bloomberg) — When Rolls-Royce Motor Cars unveiled its first-ever SUV in the Americas last month, it chose Vancouver. On day one, it sold six, which start at C$399,000 ($308,000) each — not bad for a bespoke brand that delivered just
Wealthy U.S. Kids Count On Inheritance to Fund Their Retirement
published Jun 7, 2018 8:00:14 AM, by Suzanne Woolley (Bloomberg) — At first glance, it may look like brazen entitlement: Sixty-three percent of affluent children between the ages of 18 and 22 say financial stability in retirement will depend on inheriting money. As in, the money their parents spent a
Trump’s Love for Coal and Republicans Who Want More Solar
published Jun 7, 2018 3:23:03 PM, by Brian Eckhouse and Bill Allison (Bloomberg) — While President Donald Trump searches for a way to save America’s coal country, some in his own party have their eyes set on what’s arguably the exact opposite: making solar shine. Since taking office, Trump has
ACLU Suit Over Child Separations at Border May Proceed: Judge
published Jun 6, 2018, 7:11:17 PM, by Erik Larson (Bloomberg) — A federal judge denied the Trump administration’s request to throw out a lawsuit over its practice of separating migrant parents and children who want to enter the U.S., handing an early victory to civil rights activists who say Attorney
As Amazon Eyes Texas, Companies Mobilize Employees for Election
published Mar 5, 2018, 4:00:11 AM, by Susan Warren (Bloomberg) — Chipmaker Silicon Laboratories Inc. has a new incentive program for employees to ensure the company has a prosperous future in its home state of Texas. They call it “Turnout for Tacos.” Last week, 42 workers at Silicon Labs’ Austin,
Cake Baker’s High Court Win Leaves Open Questions on Gay Rights
published Jun 4, 2018, 3:48:57 PM, by Greg Stohr (Bloomberg) — The U.S. Supreme Court left unresolved questions about the competing rights of business owners and gay customers as the justices issued a narrow ruling Monday favoring a Colorado baker who wouldn’t make a cake to celebrate a same-sex wedding.
Tax-Law Typo Risks Bankrupting #MeToo Victims Without GOP Fix
published Jun 5, 2018, 1:14:35 PM, by Jeff Green and Sahil Kapur (Bloomberg) — Republicans are considering a fix to a provision in their new tax law that they acknowledge could inadvertently penalize victims of sexual harassment in the workplace. But congressional gridlock before midterm elections in November means there’s
Oil Climbs as U.S. Stockpiles Point to Tightening Supply Picture
published Jun 5, 2018, 2:44:38 PM, by Jessica Summers (Bloomberg) — Oil rose for the first time in four sessions as traders braced for a U.S. government report that’s expected to show sliding domestic crude stockpiles. Futures rose 1.2 percent in New York on Tuesday. Twelve of the 13 analysts
Trump Support Wavering in Farm Country Over Ethanol, Trade
published Jun 5, 2018, 2:18:00 PM, by Alan Bjerga and Mario Parker (Bloomberg) — Even as Donald Trump tweets his support for U.S. agriculture, farmer loyalty for the president looks like it’s starting to waver over moves that may undermine corn-based ethanol and escalate trade disputes with countries that import
Apple Ups Privacy Controls in Growing Spat With Facebook
published Jun 4, 2018 7:10:13 PM, by Mark Gurman (Bloomberg) — Apple Inc. executives rarely call out Facebook Inc., but they made more moves on Monday to limit the social network’s data collection. In iPhone, iPad, and Mac software updates later this year, Apple’s default Safari web browser will show