published Jul 19, 2017 11:43:41 AM, by Shira Ovide (Bloomberg Gadfly) —It’s the silly season for financial predictions about Apple Inc. With history as our guide, it is folly to place much faith in them. Nearly every day brings deeply researched reports from stock analysts on their Apple sales forecasts.

published Aug 28, 2017 3:59:30 PM, by Erik Wasson and Jennifer Epstein (Bloomberg) — President Donald Trump said that he expects Congress to swiftly pass emergency disaster funding to respond to Hurricane Harvey in Texas, even as signs of a political fight over the money began to emerge. “You’re going

published Aug 28, 2017 6:30:42 PM, by Colin Keatinge, Lily Nonomiya and Andy Sharp (Bloomberg) — North Korea fired a ballistic missile over Japan on Tuesday, reigniting tensions after a war of words earlier this month between Pyongyang and U.S. President Donald Trump. The missile landed about 1,200 kilometers (745

published Aug 27, 2017 6:01:00 PM, by Emma Charlton (Bloomberg) —Brexit negotiators reconvening in Brussels should focus on the economy on both sides, the British Chambers of Commerce and the Association of German Chambers of Commerce said. The two lobby groups on Monday called for clarity and certainty as the

published Aug 27, 2017 5:19:41 PM, by Jessica Summers (Bloomberg) —Gasoline surged and oil was steady as flooding from Tropical Storm Harvey inundated refining centers along the Texas coast, shutting more than 10 percent of U.S. fuel-making capacity. Front-month gasoline futures jumped as much as 6.8 percent while oil added

published Aug 27, 2017 6:00:59 PM, by Oliver Renick and Lu Wang (Bloomberg) — Futures on American equity indexes were little changed, paring earlier losses, as investors waited to gauge consequences for stocks and industries from the strongest storm to hit the U.S. since 2004. September contracts on the S&P

published Aug 24, 2017, 3:18:01 PM, by Kristine Owram (Bloomberg) —The disparity between underperforming Canadian stocks and their shining U.S. peers never stays this wide for long, which is why the manager of more than C$600 million ($478 million) at IA Clarington Investments Inc. is significantly overweight Canada. “You’re just

published Aug 24, 2017, 3:24:23 PM, by Mark Gurman and Matt Townsend (Bloomberg) —Amazon.com Inc. is wasting no time bringing its reputation for undercutting competitors to the grocery business through newly acquired Whole Foods Market Inc. The company  said it will begin slashing prices on a broad cross section of

published Aug 24, 2017, 5:32:16 PM, by Brendan Coffey and Jack Witzig (Bloomberg) —The equity  rally propelling global asset values higher this year is once again turning China into the world’s fastest-growing wealth machine. The fortunes of the 40 Chinese billionaires on the Bloomberg Billionaires Index have surged 46.8 percent since

published Aug 24, 2017, 4:48:35 AM, by Alfred Cang (Bloomberg) —If an episode of Game of Thrones seems to go too quickly, consider the lifespan of a ferrosilicon contract on China’s Zhengzhou Commodity Exchange. Trading in futures of the alloy used to harden steel exploded this week, with the average