Brexit Bulletin: Are We There Yet?
published Mar 13th 2017, 2:30 am, by Simon Kennedy (Bloomberg) — Sign up to receive the Brexit Bulletin in your inbox, and follow @Brexit on Twitter. The prime minister will try on Monday to rally the House of Commons to back the bill that would empower her to trigger Article
Trump’s Wiretapping Claims Should Be Taken Seriously: Eli Lake
published Mar 15th 2017, 4:18 pm, by Eli Lake (Bloomberg View) — The current scandal surrounding President Donald Trump’s tweeted accusations that his predecessor wiretapped Trump Tower is proof of what might be called the Salena Zito rule. Zito, of course, wrote the essay in the Atlantic how Trump’s supporters
Trump’s Second Travel Ban Is Blocked by U.S. Judge in Hawaii
published Mar 15th 2017, 7:45 pm, by Kartikay Mehrotra and Erik Larson (Bloomberg) — A Hawaii federal judge halted President Donald Trump’s revised travel ban, slamming it for discriminating against Muslims and handing the administration another setback on a core campaign issue. The decision by U.S. District Judge Derrick Watson
The Daily Prophet: We’re All Oil Traders Now as Crude Sets Pace
published Mar 14th 2017, 3:30 pm, by Robert Burgess (Bloomberg View) — Once again, global markets were paced by oil. Crude slumped for a seventh straight day to trade below $48 a barrel at one point, dragged lower this time by reports that Saudi Arabia raised its production back above
Asia Stocks Set to Follow U.S. Down as Oil Swings: Markets Wrap
published Mar 14th 2017, 6:11 pm, by Benjamin Purvis (Bloomberg) — Futures indicated Asia-Pacific equities were set to follow U.S. and European stocks lower ahead of Wednesday’s Federal Reserve decision as oil output disclosures by Saudi Arabia and U.S. stockpiles data whipsawed crude. Oil dropped as much as 2.7 percent
Trump Can Broker `Historic Peace Deal,’ Abbas Tells U.S. Envoy
published Mar 14th 2017, 2:28 pm, by Jonathan Ferziger (Bloomberg) — President Donald Trump can help strike a deal that would end the Israeli-Palestinian conflict, Palestinian Authority President Mahmoud Abbas told the White House’s chief negotiator for Middle East peace talks Tuesday. Abbas told Trump aide Jason Greenblatt that he
The Daily Prophet: Bond Market Havoc Spreads, This Time to Junk
published Mar 13th 2017, 3:30 pm, by Robert Burgess (Bloomberg View) — Saying the U.S. junk bond market has been hot would be an understatement. The securities gained slightly more than 17 percent last year as measured by the Bloomberg Barclays U.S. Corporate High Yield Index, one of its best
Trump Answers Auto Industry Call for Review of $33 Billion Rules
published Mar 13th 2017, 6:35 pm, by John Lippert, Jennifer A. Dlouhy and David Welch (Bloomberg) — When President Donald Trump visits the Detroit area this week, he’ll come bearing a gift: a first step toward relaxing rules that could cost automakers about $33 billion. Trump will announce as part
Flush With Cash, ACLU Trying to Deliver on Anti-Trump Agenda
published Mar 13th 2017, 1:29 pm, by Erik Larson (Bloomberg) — Florida nurse Kim Ambrose, who has a mixed-race teenage daughter and a Cuban-immigrant husband, said President Donald Trump’s treatment of minorities and women inspired her to sign up to pay $10 a month to the American Civil Liberties Union,
Ten Things to Know About the Report Saying Companies Don’t Pay Taxes
published Mar 10th 2017, 8:33 am, by Peter Coy (Bloomberg) — Once health care is tamed, President Donald Trump and Congress will turn to other bears, such as the byzantine U.S. tax code. Conveniently, a new report has come out on legal tax avoidance. The report, from the Institute for