The Global Growth Hotspots of the Future Are Here
published Apr 29th 2017, 6:01 pm, by Catherine Bosley (Bloomberg) —If you want to be at the epicenter of global growth in the next few decades, you could do worse than relocate to somewhere like Kigali, Foshan, or Belo Horizonte. That’s because many cities that today are still comparative backwaters on
Pence Floats End of 2017 as New Target for Replacing Obamacare
published Apr 30th 2017, 10:52 am, by Ben Brody (Bloomberg) — Vice President Mike Pence said he hopes Congress can pass legislation to replace Obamacare by the end of the year, a far longer timetable than President Donald Trump has envisioned. Pence, in an interview Sunday on NBC’s “Meet the
Microsoft Momentum Slows on Weaker Sales of Surface Tablets
published Apr 27th 2017, 3:42 pm, by Dina Bass (Bloomberg) — Satya Nadella’s plan to reshape Microsoft Corp. as a cloud-computing company hit a snag in the third quarter, when lackluster sales of Surface tablets and weaker demand for corporate services kept revenue growth in check. Adjusted sales in the
Trump Knows Striking North Korea Is Last Resort, McCain Says
published Apr 27th 2017, 4:06 pm, by Tony Capaccio and Ilya Arkhipov (Bloomberg) —President Donald Trump is well aware that a preemptive strike against North Korea must be a last resort, in large part because of the artillery Kim Jong Un’s regime could unleash to devastate South Korea’s capital, Senator
Starbucks’ New CEO Faces Early Challenge: Reigniting Sales
published Apr 27th 2017, 4:58 pm, by Leslie Patton (Bloomberg) — Starbucks Corp.’s new chief, who took the job this month, isn’t getting much of a honeymoon. The shares declined as much as 5.9 percent in late trading Thursday after quarterly sales missed analysts’ estimates, renewing concerns that competition and
Investors Should Avoid Sector ETFs During Strong Earnings Season
published Apr 25th 2017, 12:08 pm, by Carolina Wilson (Bloomberg) —Looking to capitalize on what’s shaping up to be a strong earnings season? You may want to avoid some of the most popular vehicles in the market: large sector exchange-traded funds. ETFs tracking all sectors have gathered a record $18.1
Talks to Avert Shutdown Near Finale as Trump Yields on Obamacare
published Apr 26th 2017, 3:42 pm, by Steven T. Dennis, Anna Edgerton and Erik Wasson (Bloomberg) —Republicans and Democrats worked to put the final touches on a $1.1 trillion spending bill needed to avert a U.S. government shutdown after the White House appeared to satisfy Democrats’ demand that President Donald
U.S. Pushes Sanctions, Diplomacy as North Korea Threat Grows
published Apr 26th 2017, 6:44 pm, by Nick Wadhams, Steven T. Dennis and Terrence Dopp (Bloomberg) —U.S. national security leaders emphasized economic sanctions and diplomacy to persuade North Korea to dismantle its nuclear weapons and ballistic missile programs, even as the Pentagon ramps up its military presence in the region
Google Rewrites Its Powerful Search Rankings to Bury Fake News
published Apr 25th 2017, 9:00 am, by Mark Bergen (Bloomberg) —Google isn’t planning to rid fake news from its search results — but it’s trying to purge it from the top. The Alphabet Inc. company is making a rare, sweeping change to the algorithm behind its powerful search engine to
Your Tax Refund Could Be Hostage to a Government Shutdown
published Apr 25th 2017, 11:00 am, by Suzanne Woolley (Bloomberg) —For many U.S. taxpayers, a two-week delay in receiving their refund would be an annoyance. For others, living from paycheck to paycheck, a lag of just a few days could be a crisis, busting deadlines on rent checks and car payments. For