The Pentagon and the $25,000 Dog
published Aug 31, 2017 7:01:06 PM, by Lisa Fleisher (Bloomberg) — 1) The U.S. Military Needs More Good Dogs Highly trained dogs are in high demand by border patrol units, private security firms, the U.S. military and other agencies. They can cost $25,000 apiece—and that’s before additional training that can
U.S. Sanctions South Sudan Officials for Destabilizing Nation
published Sep 6, 2017 3:22:31 PM, by Sarah McGregor (Bloomberg) — The U.S. slapped sanctions on three current and former South Sudanese officials in President Salva Kiir’s government for their alleged roles in destabilizing the African nation and “enriching” themselves through corruption. The U.S. blacklisted South Sudan’s army deputy chief
How to Teach a Kid Thousands of Miles Away
published Sep 6, 2017 5:03:27 PM, by Peter Elstrom and Brad Stone (Bloomberg) — In China, parents are desperately seeking good teachers for their children. A number of local tech startups are meeting that demand; one is even connecting them with American tutors halfway across the world. This week, Bloomberg
Wal-Mart Brings Its Online Grocery Pickup to Amazon’s Backyard
published Sep 6, 2017 1:51:59 PM, by Matthew Boyle (Bloomberg) —Your move, Bezos. Wal-Mart Stores Inc. plans to open its 1,000th online grocery pickup location in a very strategic location: the Seattle area, hometown of rival Amazon.com Inc. The brick-and-mortar giant is letting customers in that area order food online
China Banks, Oil Giants Put on Notice by Trump’s Sanction Threat
published Sep 5, 2017 5:30:01 PM, by Bloomberg News (Bloomberg) — President Donald Trump’s rhetoric about imposing widespread sanctions on China for propping up North Korea’s economy may put pressure on some of its banks and oil companies. Harsh critics of China’s support for its neighbor have argued that American
Moon Turns Into North Korea Hawk as Kim Jong Un Shuns Talks
published Sep 5, 2017 6:31:06 PM, by David Tweed and Sam Kim (Bloomberg) — A few months ago, South Korean President Moon Jae-in took office promising a new era of engagement with North Korea. Now he’s pushing for a military overhaul to keep Kim Jong Un’s regime at bay. In
Conservatives in Tech Say They’re More Isolated Than Ever
published Sep 5, 2017 7:00:15 PM, by Karen Weise (Bloomberg) — Shashi Ramchandani, who manages a team of engineers at Google, has never been shy about being a conservative working in Silicon Valley. He showed coworkers emails he exchanged with Ivanka Trump after he mailed her photos he took at
Texas Refiners Work on Harvey Recovery as More Storms Loom
published Sep 4, 2017 5:34:59 PM, by Amy Stillman (Bloomberg) — As much of the U.S. shut down for Monday’s Labor Day holiday, Gulf Coast refiners continued their recovery from the devastation of Hurricane Harvey. Valero Energy Corp. returned two Texas refineries to pre-storm fuel-making rates while three other plants
Big Winnings Have U.S. Investors Wanting More From Europe Stocks
(Bloomberg) — U.S. equity investors aren’t done with Europe even after enjoying their best returns in eight years. Those who bought European stocks in dollars have already seen gains of about 17 percent this year, and the prospect of another leg up is keeping them hooked. The two largest U.S.
Safe Havens Maintain Gains as Korea Threats Linger: Markets Wrap
published Sep 4, 2017 5:37:51 PM, by Andreea Papuc (Bloomberg) — Gold and the yen maintained gains in early Asian trading as the United Nations Security Council met to discuss the threat from North Korea. S&P 500 Index futures were little changed, with the cash market closed on Monday for