
Trump’s In-Your-Face Lawyer Hits Back as Russia Testimony Looms
published Jun 14th 2017, 3:00 am, by Dune Lawrence (Bloomberg) — He tested the presidential waters for Donald Trump and then served as a campaign guard dog, threatening a reporter that he would “mess your life up.” Before long, he was swept up in the questions swirling around the administration

Trump Blames `Brutal’ North Korea Regime for Student’s Death
published Jun 19th 2017, 8:16 pm, by Justin Sink and Nick Wadhams (Bloomberg) —President Donald Trump on Monday denounced the death of Otto Warmbier, saying the University of Virginia student who spent more than a year imprisoned in North Korea suffered at the hands of a “brutal regime.” “At least

Israelis Are Getting a Taste for the Good Life — and Leverage
published Jun 17th 2017, 11:45 pm, by David Wainer (Bloomberg) —If you’ve been driving on Israel’s roads over the past decade, you’ve probably noticed that every year the highways get more congested and the cars flashier. Households that used to have just one car now allow themselves more. Changes are

Alibaba May Have Met Its Match in America: Christopher Balding
published Jun 18th 2017, 4:00 pm, by Christopher Balding (Bloomberg View) —Alibaba Group Holding Ltd., already the largest Chinese company by market capitalization, is nothing if not ambitious. Its chief financial officer, Maggie Wu, recently told investors she expects revenue to increase by up to 49 percent next year, a

Google Says It Will Do More to Suppress Terrorist Propaganda
published Jun 18th 2017, 4:02 pm, by Lindsey Rupp and John Lauerman (Bloomberg) —Alphabet Inc.’s Google says it is creating new policies and practices to suppress terrorism-related videos, a response to U.K. lawmakers who have said the internet is a petri dish for radical ideology. Google will increase its use

Popular 401(k) Funds Are Packed With Tech Stocks
published Jun 14th 2017, 3:32 pm, by Suzanne Woolley (Bloomberg) —How tech-savvy are you? Recent volatility in popular technology stocks, including Apple Inc., Microsoft Corp., Facebook Inc., Google parent Alphabet Inc., and others, is a reminder to check the tech weighting in your retirement portfolio. There’s nothing wrong with having a big slug of tech

China’s Holdings of U.S. Treasuries Rise to Six-Month High
published Jun 15th 2017, 7:58 pm, by Andrew Mayeda and Andrea Wong (Bloomberg) —China’s holdings of U.S. Treasuries rose for a third straight month in April, reaching the highest in half a year amid signs the economy is stabilizing. Chinese ownership of U.S. government bonds, notes and bills increased by

Trump Said to Announce Ban on Doing Business With Cuban Military
published Jun 15th 2017, 8:00 pm, by Justin Sink and Toluse Olorunnipa (Bloomberg) —President Donald Trump will announce a ban on Americans and U.S. companies doing business with Cuba’s military on Friday in a rollback of the Obama administration’s plan to thaw relations with the island. The president will announce

Bonds Rise Amid Data, Fed; S&P 500 Futures Decline: Markets Wrap
published Jun 14th 2017, 8:46 pm, by Garfield Reynolds (Bloomberg) —Bonds rallied amid lingering inflation concerns even after Federal Reserve Chair Janet Yellen suggested weak readings won’t persist. U.S. equity futures fell after a report that investigators are probing whether President Donald Trump attempted to obstruct justice. Australian bonds followed a rally

Shooting Suspect’s Story: Tales of Gunfire and Online Rants
published Jun 14th 2017, 5:13 pm, by Alan Levin and Ari Natter (Bloomberg) — The man suspected of shooting a top GOP congressman and several others Wednesday expressed disdain for Republicans on social media and was questioned by police in March after a neighbor complained about gunshots coming from his