
Fidel Castro, Antonin Scalia, John Gutfreund: The Year in Deaths
published Dec 28th 2016, 6:06 pm, by Steven Gittelson (Bloomberg) —Former Cuban leader Fidel Castro, U.S. Supreme Court Justice Antonin Scalia and ex-Salomon Brothers executive John Gutfreund were among newsmakers in business, finance and public affairs who died in 2016. The business world lost Andy Grove, a refugee from postwar

Who’s Had the Worst Year? How Asian Leaders Fared in 2016
published Dec 28th 2016, 5:07 pm, by David Tweed (Bloomberg) —In a year dominated by Brexit and Donald Trump’s surprise U.S. election win, Asia felt like a relatively stable part of the world. A closer look shows that the region endured its own seismic events in 2016, from a Philippine

Dollar Rises as U.S. Trading Resumes, Treasury Yields Support
published Dec 27th 2016, 1:07 pm, by Dennis Pettit (Bloomberg) —The dollar built slight gains as foreign exchange trading in Europe and North America resumed after the Christmas break, and as U.S. yields rose before the Treasury sold $26b of two-year notes at 1.280%, the highest yield since 2008. The

Obama Fulfills His Prophecy on Israeli Settlements: Eli Lake
published Dec 27th 2016, 1:03 pm, by Eli Lake (Bloomberg View) —The way the White House tells it, the U.S. had no choice. For eight years, President Barack Obama has been pleading with Israel to stop building settlements. But they didn’t listen. So reluctantly, the president instructed his United Nations

Chinese Hackers Charged With Trading on Stolen Law Firm Data
published Dec 27th 2016, 3:40 pm, by Christian Berthelsen (Bloomberg) —Three Chinese hackers made more than $4 million in illicit profits after breaking into the servers of top corporate law firms in New York, the U.S. said in announcing charges and the arrest of one of the men. The three

Want to Visit Mars? Start With a New Moon Mission: Adam Minter
published Dec 25th 2016, 3:00 pm, by Adam Minter (Bloomberg View) — Fifty years ago, the U.S. had the moon to itself. Starting in 1969, when the first of six Apollo missions touched down, it seemed likely that American astronauts would make a long-term home on the lunar surface. Instead,

Democrats Plotting ‘Collision Course’ With Trump’s Tax Plan
published Dec 26th 2016, 4:00 am, by Sahil Kapur (Bloomberg) —Congressional Democrats say they’ll try to thwart Republican plans to overhaul the U.S. tax code by portraying them as a boon for the rich that betrays President-elect Donald Trump’s campaign promise to fight for working Americans. “There’s going to be

What UN Vote on Israeli Settlements Means — and What’s Next
published Dec 26th 2016, 10:17 am, by Jonathan Ferziger and Michael S. Arnold (Bloomberg) —United Nations Security Council 2334, which passed Dec. 23 by a vote of 14-0 with the U.S. abstaining, describes Israel’s settlements in the West Bank and East Jerusalem as illegal and an obstacle to peace with

Putin Sees Hope for Economy in Wage Growth, Easing Recession
published Dec 23rd 2016, 5:37 am, by Ilya Arkhipov and Stepan Kravchenko (Bloomberg) —President Vladimir Putin said Russia’s economy is returning to growth and there are signs that real wages are improving as the country emerges from its longest recession this century. While “of course” economic difficulties remain, a “positive

Want to Visit Mars? Start With a New Moon Mission: Adam Minter
published Dec 25th 2016, 3:00 pm, by Adam Minter (Bloomberg View) —Fifty years ago, the U.S. had the moon to itself. Starting in 1969, when the first of six Apollo missions touched down, it seemed likely that American astronauts would make a long-term home on the lunar surface. Instead, the