published Apr 24, 2018, 4:06:33 PM, by Sahil Kapur (Bloomberg) — A Senate hearing Tuesday indicated the politics of the tax overhaul haven’t changed since it passed in December, with Republicans singing its praises as an economist booster and Democrats torching it as a broken promise that mostly benefits the

published Apr 24, 2018, 3:16:53 PM, by David McLaughlin and Drew Armstrong (Bloomberg) — U.S. prosecutors are nearing their first charges against companies in an almost four-year-old criminal investigation into alleged price-fixing by generic-drug makers, according to people familiar with the matter. At least two companies are on track to

published Apr 24, 2018, 11:59:50 AM, by Pascal-Emmanuel Gobry (Bloomberg View) — France and the U.S. may have worked together to strike the Syrian regime’s chemical weapons infrastructure on April 13. but the two countries have had different objectives. U.S. President Donald Trump has said he wants to reduce the

published Apr 23, 2018, 11:00:18 AM, by Barry Ritholtz (Bloomberg View) — The $140 billion drop in the value of General Electric Co.’s stock price during the past year gets the full human interest treatment in the Wall Street Journal. I don’t want to minimize the deep individual suffering of

published Apr 16, 2018, 9:26:30 AM, by Matt Levine (Bloomberg View) — Financialization. Twelve years ago, my now-Bloomberg colleague Joe Weisenthal proposed that startups that planned to disrupt an established industry should short the stock of the incumbents in that industry. That way, if they were right — if they

published Apr 23, 2018, 4:10:30 PM, by Molly Smith (Bloomberg) — Netflix Inc. tapped the junk-bond market again to help finance its next wave of shows. The world’s largest online television network sold $1.9 billion of senior bonds in its largest-ever dollar-denominated offering. That was up from a planned $1.5

published Apr 22, 2018 5:58:54 PM, by Ros Krasny (Bloomberg) — President Donald Trump tempered his optimism on North Korea on Sunday, saying that “only time will tell” how things turn out, as U.S. lawmakers sounded skeptical about promises made by Pyongyang ahead of possible historic talks between the countries

published Apr 22, 2018 4:00:00 PM, by Enda Curran and Andrew Mayeda (Bloomberg) — “Things are good, but they’re getting risky.” That’s how David Lipton, first deputy managing director at the IMF, characterized the global economic state of play in a Bloomberg Television interview. His observation captured the mood at

published Apr 22, 2018 4:00:00 PM, by Joe Deaux (Bloomberg) — Hedge funds just made an abrupt about face in the palladium market as U.S. sanctions against Russian titans spark concerns that the world’s largest producer of the metal will get caught in the cross hairs. After the U.S. slapped

published Apr 19, 2018, 6:15:51 PM, by Saleha Mohsin (Bloomberg) — The Treasury Department is considering using an emergency law to curb Chinese investments in sensitive technologies, as the Trump administration looks to punish China for what it sees as violations of American intellectual-property rights. The U.S. government is reviewing