U.K. Is Said to Fear Brexit Breakdown Ahead as May, Juncker Meet
published Oct 16, 2017 2:52:19 PM, by Tim Ross (Bloomberg) —U.K. Prime Minister Theresa May’s government fears Brexit talks will break down unless the European Union gives ground at a key summit this week, according to a person familiar with her team’s views. Without a clear sign that negotiations will
Bankruptcy Isn’t for Everyone; Maybe It Should Be: Justin Fox
published Oct 10, 2017, 5:45:09 AM, by Justin Fox (Bloomberg View) —Robert Morris was a signer of the Declaration of Independence, the chief financier of the American Revolution, the superintendent of finance (Treasury secretary, basically) of the early republic, one of Pennsylvania’s first two U.S. senators, and, for a time,
China’s Bankers Cut Bond Deals Where Others Post Dinner Pics
published Oct 15, 2017, 3:00:01 PM, by Lianting Tu and Carrie Hong (Bloomberg) —In China, bankers and traders don’t just hit the phones or send an email when they have a deal to sell. They take to WeChat. Regulators elsewhere may be clamping down on the financial industry’s use of
U.S.-South Korea Trade Deal Can Still Be Improved: Editorial
published Oct 15, 2017, 5:00:09 PM, by The Editors (Bloomberg View) —Thankfully, President Donald Trump’s threats to summarily “terminate” the free-trade deal between the U.S. and South Korea have so far proved empty. Now, as the two sides sit down to renegotiate, there’s a chance to make some real improvements.
Religious Freedom Rules Spark New Legal Fight in Culture War
published Oct 6, 2017, 7:14:25 PM, by Erik Larson and Andrew Harris (Bloomberg) — The Trump administration ratcheted up America’s raging culture war with new rules letting employers opt out of providing health insurance that covers birth control and paving the way for religious businesses and employees to discriminate based
Puerto Rico’s No-Conflict Governor Dodges Trump Tweet Again
published Oct 12, 2017, 4:26:34 PM, by Naureen S. Malik and Jonathan Levin (Bloomberg) — Puerto Rico Governor Ricardo Rossello on Thursday side-stepped another potential fight with the White House. Hours after President Donald Trump warned on Twitter that federal forces shouldn’t remain in Puerto Rico “forever,” Rossello spoke to
Amazon Studios Ensnared in Widening Hollywood Harassment Scandal
published Oct 12, 2017, 5:16:13 PM, by Lucas Shaw (Bloomberg) — Amazon.com Inc.’s film and TV unit was engulfed in the uproar in Hollywood over mistreatment of women, with multiple claims that the company didn’t do enough to respond to allegations of harassment. Isa Hackett, a producer on the Amazon
Fox Is Said to Project $20 Million in Lost World Cup Ads
published Oct 11, 2017, 2:42:21 PM, by Lucas Shaw, Eben Novy-Williams and Ira Boudway (Bloomberg) —Without the U.S. team in the 2018 World Cup, Fox Sports projects it will lose $10 million to $20 million in advertising sales, according to a person close to the company. The projection is lower
Musk’s SpaceX Successfully Launches Satellite for EchoStar, SES
published Oct 11, 2017, 6:06:41 PM, by Dana Hull (Bloomberg) —Elon Musk’s Space Exploration Technologies Corp. successfully launched another reused rocket from Kennedy Space Center in Florida as it continues its mission to drive down flight costs through refurbishment and reusability. The launch, SpaceX’s 15th this year, carried a high-powered
Koch Group Says Realtors Among Those `Jeopardizing’ Tax Bill
published Oct 11, 2017, 3:44:44 PM, by John McCormick (Bloomberg) —A group backed by billionaire industrialists Charles and David Koch unveiled a television and digital campaign Wednesday that claims “corporate welfare” threatens Republican efforts to dramatically alter the U.S. tax code. The Freedom Partners Chamber of Commerce is targeting the