
Stocks Face Drop in Asia as Tech Sentiment Rattled: Markets Wrap
published Mar 19, 2018, 4:55:52 PM, by Adam Haigh (Bloomberg) — Stocks in Asia were poised to follow U.S. equities lower after a sell-off in technology shares bruised trader sentiment before a key Federal Reserve policy meeting. Futures signaled declines on equity indexes in Japan, Australia and Hong Kong. U.S.

Kushner Conflict Cloud Hovers Over Brooklyn Sale Linked to Japan
published Mar 13, 2018, 3:00:00 AM, by Caleb Melby (Bloomberg) — Two months after Jared Kushner joined the White House as a senior adviser, his family firm sold a stake in a Brooklyn building to a unit of a company whose largest shareholder is the government of Japan. The buyer

Facebook on Defensive as Cambridge Case Exposes Data Flaw
published Mar 18, 2018, 4:20:35 PM, by Sarah Frier (Bloomberg) — Facebook Inc. wants you to know: this wasn’t a breach. Yes, Cambridge Analytica, the data-analysis firm that helped U.S. President Donald Trump win the 2016 election, violated rules when it obtained information from some 50 million Facebook profiles, the

Trump Calls for Death Penalty for Drug Dealers to Combat Opioids
published Mar 18, 2018, 5:56:16 PM, by Toluse Olorunnipa (Bloomberg) — President Donald Trump called for drug dealers to receive the death penalty in some cases as part of his administration’s effort to address the opioid crisis. The Department of Justice “will seek the death penalty against drug traffickers, where

Walmart Whistle-Blower Claims Cheating in Race With Amazon
published Mar 15, 2018 4:39:20 PM, by Matthew Boyle (Bloomberg) — In its race to catch Amazon.com Inc. in online retailing, Walmart Inc. issued misleading e-commerce results and fired an executive who complained the company was breaking the law, according to a whistle-blower lawsuit. Tri Huynh, a former director of

Saudi Arabia Is Said to Block Some German Business Over Rift
published Mar 15, 2018 3:18:12 PM, by Vivian Nereim, Dinesh Nair, Matthew Martin and Glen Carey (Bloomberg) — Saudi Arabia is cutting back on its dealings with some German companies amid a diplomatic spat with its top European trading partner, according to people with knowledge of the matter. Government agencies

Wall Street to Get a Bundle of Savings If CME Buys Spencer’s NEX
published Mar 15, 2018 3:52:36 PM, by Matthew Leising (Bloomberg) — To understand why CME Group Inc. wants Michael Spencer’s NEX Group Plc — and why Wall Street should care — look no further than one of the world’s most important assets: U.S. Treasuries. NEX on Thursday confirmed a Bloomberg

Billionaire Alan Howard Is Said to Make Cryptocurrency Bet
published Mar 14, 2018, 12:36:52 PM, by Alastair Marsh and Nishant Kumar (Bloomberg) — Hedge fund billionaire Alan Howard made sizable personal investments in cryptocurrencies last year and plans to put more of his own money into digital assets and the blockchain technology behind them, according to people with knowledge

Trump’s Picks for State, CIA Hit Potential Senate Roadblocks
published Mar 14, 2018, 4:06:52 PM, by Laura Litvan (Bloomberg) — President Donald Trump’s picks for Secretary of State and CIA director are running into potential roadblocks among Republicans in the Senate, suggesting a difficult confirmation process at a time when the administration wants to quickly fill the positions. Senator

Americans May Get Permanent Tax Cut in `Phase Two,’ Kudlow Says
published Mar 14, 2018, 4:29:57 PM, by Toluse Olorunnipa (Bloomberg) — Tax cuts for individuals should be made permanent under ‘phase two’ of an overhaul, according to Larry Kudlow, the incoming White House economic adviser. “Individuals deserve a permanent break,” Kudlow said on CNBC Wednesday following President Donald Trump’s comments