published Feb 12, 2018 4:00:14 PM, by Conor Sen (Bloomberg View) — It might seem puzzling that Asia’s getting three Olympics in a row. South Korea has the 2018 Winter Games, Japan has the 2020 Summer Games, and China has the 2022 Winter Games. Shouldn’t the International Olympic Committee spread

published Feb 11, 2018, 3:00:00 PM, by Heesu Lee (Bloomberg) — Oil investors rattled by the threat of U.S. output can find some cheer from diesel demand in Asia. Strong consumption of the fuel — used to power everything from trucks to ships and factories — underpinned crude’s bull run

published Jan 9, 2018, 3:22:29 AM, by Jonathan Ferziger (Bloomberg) — Israel’s Knesset authorized an ultra-Orthodox cabinet minister to close stores on the Jewish Sabbath, narrowly averting a crisis that Prime Minister Benjamin Netanyahu warned could bring down his government. The so-called minimarkets law squeaked through in a 58-57 vote

published Feb 6, 2018, 2:05:00 AM, by Saleha Mohsin and Irina Reznik (Bloomberg) — Russia’s billionaire oligarchs are beginning to face additional scrutiny on at least some financial transactions following U.S. publication of a list of wealthy Russians identified as allies of President Vladimir Putin. One wealthy Russian on the

published Feb 8, 2018 9:24:23 AM, by Tim Duy (Bloomberg Prophets) — The meltdown on Wall Street in recent days might have an upside: It could help extend the length of the expansion. I had three primary concerns about the extent of the equity rally of 2017 and the beginning

published Feb 8, 2018 9:26:27 AM, by Lily Katz (Bloomberg) — It may seem like everyone from Grandma to Goldman Sachs Group Inc. has piled into Bitcoin in the past year, but there’s at least one group that’s looking for a way out: Criminals. In the next six to 12

published Feb 8, 2018 8:50:52 AM, by Adam Satariano and Ben Brody (Bloomberg) — U.K. lawmakers traveled to Washington for an unusual hearing to press executives from Facebook Inc., Alphabet Inc.’s Google and Twitter Inc. to do more to keep junk news and misinformation from spreading online. The House of

published Feb 7, 2018 5:40:35 PM, by Sonali Basak (Bloomberg) — Allstate Corp. Chief Executive Officer Tom Wilson said the insurer’s $506 million windfall from the U.S. tax overhaul will be used to invest in growth. “First we’re going to put more money into marketing, second we’re going to expand

published Feb 7, 2018 4:42:36 PM, by Shelly Hagan (Bloomberg) — The head of the World Bank compared cryptocurrencies to “Ponzi schemes,” the latest financial voice to raise questions about the legitimacy of digital currencies such as Bitcoin. “In terms of using Bitcoin or some of the cryptocurrencies, we are

published Feb 7, 2018 4:28:22 PM, by Francis Wilkinson (Bloomberg View) — Most Americans don’t think that securing a future for Dreamers, the undocumented immigrants who were brought to the U.S. as children, is worth the price of shutting down the federal government. Is House Democratic leader Nancy Pelosi like most