Mexican Business Can Pitch Employees on Candidates, Agency Says
published May 30, 2018 4:59:06 PM, by Andrea Navarro (Bloomberg) — Mexican businessmen aren’t breaking any laws when they ask their employees to not vote for a certain candidate, according to Lorenzo Cordova, head of Mexico’s electoral regulator. If and when any of these activities turn illegal, the National Electoral
U.S. Is Said to Open Door to Talks With EU on Airbus Settlement
published May 28, 2018 1:17:29 PM, by Bryce Baschuk and Benjamin Katz (Bloomberg) — The U.S. has signaled a willingness to begin talks with the European Union to try to reach a settlement over illegal state subsidies handed to Airbus SE, potentially averting billions of dollars in sanctions against the
China’s Hottest Stocks Are Drugmakers as Other Industries Falter
published May 28, 2018 3:00:00 PM, by Bloomberg News (Bloomberg) — A company that makes medicine out of snake gall bladders has seen its shares more than double this year as health-care companies become China’s hottest stocks. In a market buffeted by the fallout from the U.S. trade disputes, mainland
Trump Is Right That Someone Is Out to Get Him: Ramesh Ponnuru
published May 27, 2018, 8:01:14 AM, by Ramesh Ponnuru (Bloomberg Opinion) — President Donald Trump, “who has never been convinced that his aides have his best interests at heart, has felt increasingly aggrieved” in recent months. We have that word from two reporters for the New York Times, Maggie Haberman
Trump Appears to Confirm His Summit With Kim Back on Track
published May 27, 2018, 4:08:25 PM, by Margaret Talev, Kanga Kong and Nafeesa Syeed (Bloomberg) — President Donald Trump appeared to confirm that his summit with Kim Jong Un was back on, three days after he abruptly called off the historic meeting in an sharply worded letter to the North
Forget Millionaires. Listen to the Billionaires: Barry Ritholtz
published May 25, 2018, 2:29:53 PM, by Barry Ritholtz (Bloomberg Opinion) — Last month, I described an email that promised vast riches if I would adopt “The Millionaire Mindset.” This is the sort of silly wishful thinking I hate: Consider, instead, the Cartesian pitch as applied to self-help being sold
The Home ATM Is Back: U.S. Households Cashing in on Equity
published May 24, 2018, 10:32:36 AM, by Alex Tanzi (Bloomberg) — The home ATM is spewing cash thanks to rising property values and record household wealth. Equity pulled from homes to finance consumer spending and property improvements and pay off other debts rose in the first quarter to the highest
Apple’s $539 Million in Damages Is a `Big Win’ Over Samsung
published May 24, 2018, 6:35:51 PM, by Joel Rosenblatt and Mark Gurman (Bloomberg) — Apple Inc. won $539 million from Samsung Electronics Co. in the final throes of the companies’ U.S. court struggle over smartphone technology, seven years after the start of a global patent battle. Apple sought about $1
Some States Make the Most Out of This Business Cycle: Justin Fox
published May 23, 2018, 11:00:12 AM, by Justin Fox (Bloomberg Opinion) — With the start of the Great Recession now a little more than a decade behind us, it can be instructive to look back on what has transpired since. I did that with some national economic indicators back in
North Korea Warns of Nuclear Crisis in Threat to Scrap Summit
published May 23, 2018 8:21:50 PM, by Colin Keatinge (Bloomberg) — North Korea again threatened to cancel its planned summit with President Donald Trump next month, saying it was ready for a “nuclear-to-nuclear showdown” if the U.S. didn’t change its approach to the disarmament talks. A top North Korean diplomat