published Aug 9, 2017 4:33:43 PM, by Tim Loh (Bloomberg) —West Virginia Governor Jim Justice said Donald Trump is really interested in his plan to prop up Appalachian mining by giving federal money to power plants that burn the region’s coal. Justice, a coal and real estate mogul elected governor

(Bloomberg) —Elon Musk calls Tesla’s mammoth battery factory in Nevada an alien mothership.  For the carmaker’s newest lenders, the plant might as well be in outer space. The billionaire coined that moniker for Tesla Inc.’s Gigafactory 1 as he waxed poetic about his company’s future on an Aug. 7 call

published Aug 9, 2017 5:00:07 AM, by Alex Sherman, Scott Moritz and Gerry Smith (Bloomberg) — As The Bachelorette wraps up another season, a mating dance is developing in the telecommunications world. SoftBank is desperate to find a match for Sprint, the fourth-largest U.S. wireless company, of which it owns

published Aug 8th 2017, 7:43 pm, by Bob Van Voris (Bloomberg) —The U.S. moved to drop fraud charges against Benjamin Wey, the founder of the private equity firm New York Global Group, after a judge threw out thousands of pages of documents she said were illegally seized by the FBI

published Aug 8th 2017, 7:20 pm, by Justin Sink, Nafeesa Syeed and Kambiz Foroohar (Bloomberg) —President Donald Trump ratcheted up his rhetoric against North Korea to an unprecedented level Tuesday, warning Kim Jong Un’s regime will face a devastating military strike if it continues threatening the U.S. North Korea best

published Aug 7th 2017, 12:18 pm, by Jessica Summers and Nico Grant (Bloomberg) —Oil fell as investors sought reassurance that the world’s largest oil producing countries are complying with their supply-cut deal. Futures slid as much as 2.1 percent in New York. Russia and Kuwait were said to meet producers

published Aug 7th 2017, 2:04 pm, by John Lippert and Claire Ballentine (Bloomberg) —As Toyota Motor Corp. and Mazda Motor Corp. begin to scour the U.S. for where to put the first auto assembly plant announced under President Donald Trump, one state looks like a frontrunner: Mississippi. The Magnolia State

published Aug 3rd 2017, 3:00 am, by Suzanne Woolley (Bloomberg) —It’s happened again: Retirement savings account balances have hit all-time highs. A string of record 401(k) and IRA account totals now stretches across three consecutive quarters, according to second-quarter data from Fidelity Investments. The data covers 22,155 companies and 15.1

published Aug 6th 2017, 3:47 pm, by Megan Durisin and Neil Weinberg (Bloomberg) —Illustrating how Silicon Valley is grappling with the role of women in technology, Google’s new diversity chief forcefully pushed back against a male worker’s argument that a “politically correct monoculture” ignores differences in capabilities between the sexes.

published Aug 4th 2017, 9:42 am, by Suzanne Woolley (Bloomberg) —Perhaps the most despised bank fee among consumers is the overdraft fee, an ugly $30 (or so) insult to your wallet. Many consumers have been hit with it at one time or another, usually when it’s the absolute last thing they need.