Priebus Says No Known Trump-Related Contacts With Russian Agents
published Feb 19th 2017, 12:53 pm, by Margaret Talev (Bloomberg) — Reince Priebus said Donald Trump and his advisers are not aware of any contacts between the president’s associates and Russian agents during the 2016 election campaign. “We don’t know of any contacts with Russian agents,” Priebus said on NBC’s
Boeing, SpaceX Safety Risks May Delay U.S. Astronaut Travel
published Feb 16th 2017, 3:25 pm, by Dana Hull (Bloomberg) — Boeing Co. and Space Exploration Technologies Corp. won’t be certified this year to send astronauts to space and may be delayed into 2019 because of potential safety hazards, according to U.S. investigators. Boeing parachute systems haven’t been adequately evaluated
Failing Dam Is a Symbol of U.S. Infrastructure: Barry Ritholtz
published Feb 16th 2017, 1:15 pm, by Barry Ritholtz (Bloomberg View) — The sorry state of American infrastructure is once again our focus. This time the peg is the Oroville Dam in California. It is the U.S.’s tallest dam, and it is in trouble. An emergency spillway was damaged, causing
Hackers Shift Tactics After 2016 U.S. Election, CrowdStrike Says
published Feb 15th 2017, 4:00 am, by Nafeesa Syeed (Bloomberg) — It’s not just the Democratic Party learning lessons from cyber attacks linked to Russia during the 2016 U.S. election: hackers, too, are shifting their tactics, according to the co-founder of computer security company CrowdStrike Inc. Undeterred by tighter sanctions
Oil Closes Near $53 as Record U.S. Supply Counters OPEC Cuts
published Feb 15th 2017, 2:34 pm, by Mark Shenk (Bloomberg) — Oil closed near $53 a barrel as record U.S. inventories tempered the impact of OPEC’s production cuts. American crude supplies climbed 9.53 million barrels to 518.1 million, the highest level in weekly data going back to 1982 and more
Asia Stock Rally Fizzles as Bonds Gain, Yen Jumps: Markets Wrap
published Feb 15th 2017, 8:13 pm, by Adam Haigh and Chikako Mogi (Bloomberg) — Reflation fever failed to spread to Asian hours after global equities soared to the highest level on record. Stocks in Tokyo fell as the yen jumped and U.S. Treasuries climbed after five straight days of declines.
Trump Immigration Ban Bound for Supreme Court, Now or Later
published Feb 6th 2017, 7:02 am, by Kartikay Mehrotra and Chris Dolmetsch (Bloomberg) — President Donald Trump’s effort to bar travelers from seven mostly Muslim nations is on a track to the U.S. Supreme Court, which may eventually decide how much authority the executive branch has on immigration and national
Is Valentine’s Day a Threat to Your Retirement?
published Feb 14th 2017, 10:21 am, by Suzanne Woolley (Bloomberg) —It’s Valentine’s Day. Time for grim reflection on the many threats to your financial security. Not content to bombard consumers (and journalists) every other day of the year, on Feb. 14 financial services marketers tend to tie themselves in love knots
Amazon Might Just Transform How Goods Are Shipped: Adam Minter
published Feb 14th 2017, 4:00 pm, by Adam Minter (Bloomberg View) —For consumers, Amazon’s made shipping easy: Just choose the desired delivery date for your goodies and click. For the manufacturers who have to get those products to you, however, shipping remains a troublesome, inefficient, stubbornly analog business. Your “one-click”
U.S. May Not Make Two States a Precondition for Mideast Peace
published Feb 14th 2017, 7:14 pm, by Jennifer Epstein and Margaret Talev (Bloomberg) —The Trump administration will center its Israel-Palestinian policy goals around peace rather than a two-state solution, a senior White House official said Tuesday on the eve of Israeli Prime Minister Benjamin Netanyahu’s meeting with President Donald Trump.