published Mar 26, 2018, 2:47:23 PM, by Danielle Moran (Bloomberg) — Puerto Rico and its creditors finally caught a break, at least for one day. Bonds of the bankrupt U.S. territory soared more than 20 percent Monday after the government surprised investors by projecting that a flood of disaster-relief funds

published Mar 25, 2018, 6:01:11 PM, by Marc Champion (Bloomberg) — Donald Trump’s combative new foreign policy team should look at two precedents as the U.S. president pursues summits with the leaders of Russia and North Korea, according to former diplomats and historians. One is now considered an historic success,

published Mar 23, 2018, 4:00:00 AM, by Michael McDonald (Bloomberg) — The Teacher Retirement System of Texas is one of the largest public pensions in the country, is considering almost doubling the size of its investing team so it can cut expenses by managing more of its money in-house. Jerry

published Mar 21, 2018, 10:41:58 AM, by Kati Pohjanpalo and Frances Schwartzkopff (Bloomberg) — The biggest bank in the Nordic region will no longer let its sustainable investment unit buy more stock in Facebook Inc. Nordea Bank AB has decided to “quarantine” Facebook investments in the asset management unit, “given

published Mar 22, 2018, 6:53:12 PM, by Nick Wadhams, Toluse Olorunnipa and Jennifer Jacobs (Bloomberg) — President Donald Trump is replacing White House National Security Adviser H.R. McMaster with John Bolton, a former U.S. Ambassador to the United Nations famed for his hawkish views, in the latest shakeup of his

published Mar 21, 2018, 2:34:19 AM, by John McCormick and Elizabeth Campbell (Bloomberg) — Billionaire J.B. Pritzker won the Democratic primary for Illinois governor Tuesday after investing at least $69.5 million of his fortune to try to secure a job that comes with some of the biggest fiscal challenges faced

published Mar 21, 2018, 3:52:47 PM, by Thomas Biesheuvel and Tom Wilson (Bloomberg) — One by one, the biggest names in African mining are getting squeezed. The tactics might be blunt, but the message is clear: the countries where they operate want a bigger share of the proceeds. The collapse

published Mar 15, 2018, 2:59:22 AM, by Jiyeun Lee (Bloomberg) — South Korea plans an extra budget to help young people start companies and to support firms that hire them as the government battles to arrest the nation’s rising youth jobless rate. The aim is to push youth unemployment below

published Mar 20, 2018, 5:57:41 PM, by Gerry Smith and Mark Bergen (Bloomberg) — Google is offering publishers sweeter terms as part of a new subscriber tool announced Tuesday, currying favor with the news industry at a time when Facebook Inc. is sending mixed signals to newspapers and magazines. Publishers

published Mar 19, 2018, 4:00:29 AM, by Noah Smith (Bloomberg View) — Why do workers in the financial industry get paid so much? There are many possible explanations, none of them completely satisfying. The financial industry commands a much larger share of the U.S. economy than in the past, causing