published Sep 15, 2017 2:26:56 PM, by Ben Carlson (Bloomberg View) — In late July, Oaktree Capital’s Howard Marks put out a memo describing current investment trends that could turn out to be mistakes. Marks urged caution on equity valuations, low volatility, FAANG stocks (Facebook, Amazon, Apple, Netflix and Google),

published Sep 17, 2017 9:00:18 AM, by Albert R. Hunt (Bloomberg View) — The stars should be aligned for a big infrastructure deal.  The lingering devastation from the hurricanes that crippled Houston and Florida underscored the national problems of crumbling roads and bridges, inadequate transportation systems and aging electrical grids.

published Sep 17, 2017 6:39:50 PM, by Jiyeun Lee (Bloomberg) —Even many South Koreans are looking elsewhere for holiday relaxation at a time when talk of war on the Korean peninsula and China’s boycott has hit inbound tourism. President Moon Jae-in hoped to boost domestic spending by declaring Oct. 2

published Sep 14, 2017 12:42:24 PM, by Noah Buhayar (Bloomberg) — Who will succeed Warren Buffett as chief executive officer of Berkshire Hathaway Inc.? It’s one of the most guarded secrets in the business world. That didn’t stop JPMorgan Chase & Co.’s new Berkshire analyst from placing odds on one

published Sep 14, 2017 3:42:36 PM, by Jef Feeley (Bloomberg) — The South Dakota Supreme Court brought the question of whether online retailers should pay sales tax back into sharp focus. The Mount Rushmore state’s highest court ruled Thursday that companies selling wares over the Internet can’t be forced to

published Sep 14, 2017 6:09:00 PM, by Shin Shoji and Kanga Kong (Bloomberg) — North Korea fired its second missile over Japan in as many months, a fresh provocation that comes shortly after the United Nations approved harsher sanctions against Kim Jong Un’s regime. Japan didn’t attempt to shoot down

published Sep 13, 2017 3:00:07 AM, by Patrick Clark (Bloomberg) — Most people paying attention to the cost of renting an apartment in the U.S. would tell you that prices have gotten out of hand. That’s certainly true at the extremes where, say, the typical two-bedroom in the Bay Area suburb

published Sep 13, 2017 6:00:00 PM, by Tim Loh and Patrick Martin (Bloomberg) — The 30-foot hull of an experimental mini-sub is helping to show how the U.S. may be able to redeploy the mountain of coal that power plants are no longer burning. Researchers at the Oak Ridge National

(Bloomberg) —Saudi Arabia is preparing contingency plans for a possible delay to the initial public offering of its state-owned oil company by a few months into 2019, according to people familiar with the matter. While the government is still aiming for a Saudi Aramco IPO in the second half of

published Sep 12, 2017 8:28:46 PM, by John Voskuhl (Bloomberg) — Three Democratic senators joined President Donald Trump for a White House dinner Tuesday aimed at winning their support for an as-yet unreleased tax overhaul bill that would be written by Republican leaders. Trump’s guests — Joe Manchin of West