Red Star Over Hollywood: ‘Dr. Evil’ Says China Wants the Movies
published Oct 16th 2016, 4:00 pm, by Anousha Sakoui and David McLaughlin (Bloomberg) — The billboard towers over Sunset Boulevard, a marionettist’s hand, a la “The Godfather” posters of decades ago, pulling the strings in Hollywood. It poses an unsettling question: “China’s Red Puppet?” The sign is the work of
Air Force Hardening Its ‘Flying Networks’ Against Cyber Threats
published Oct 13th 2016, 11:36 am, by Nafeesa Syeed (Bloomberg) — As the U.S. Air Force deploys pilots for combat, including the campaign targeting Islamic State, it’s accelerating efforts to harden the computer networks that control everything from warplanes’ navigation to weapons systems from cyber threats. A plane is a
It’s Official: This Election Is Driving Americans Nuts
published Oct 13th 2016, 1:46 pm, by Deena Shanker (Bloomberg) — There’s good news for Americans who find themselves waking up in a cold sweat at 3 a.m. to check the latest polls: You are not alone. More than half of you—on both sides of the aisle—say the 2016 election
The People There to Help With Student Loans Are Less Than Helpful
published Oct 13th 2016, 8:07 am, by Shahien Nasiripour (Bloomberg) — College financial aid counselors are supposed to be students’ primary resource to help figure out how to pay for school—determining how much they’ll need to borrow, the types of loans best suited for them, and sources of cash. But
Obamacare Enrollment to See ‘Significant Slowdown’ Next Year
published Oct 13th 2016, 9:05 am, by Katherine Doherty (Bloomberg) — Enrollment in the Obamacare insurance marketplace is likely to stall or even decline for 2017 after two years of growth, according to S&P Global Ratings forecasts. “Our forecasted modest-to-negative growth is clearly a bump in the road, but doesn’t
Amazon to Build Convenience Stores, Wall Street Journal Reports
published Oct 11th 2016, 9:52 am, by Jing Cao (Bloomberg) — Amazon.com Inc. is planning to build convenience stores and develop curbside pickup locations for food shoppers in its latest move to expand into groceries, The Wall Street Journal reported. Amazon’s stores will sell perishable goods including milk and meats,
Dollar Gains Second Day as Fed Rate Rise Odds Jump; Kiwi Slumps
published Oct 11th 2016, 9:14 am, by Netty Ismail and Lilian Karunungan (Bloomberg) —The dollar advanced for a second day as traders increased bets the Federal Reserve will raise interest rates this year and as a jump in oil prices Monday helped push up Treasury yields. The U.S. currency strengthened
Trump’s Tax Plan Seen Turning Employees Into Contractors
published Oct 11th 2016, 3:31 pm, by Lynnley Browning (Bloomberg) — Donald Trump’s proposal to offer all businesses a flat 15 percent income-tax rate would prompt workers to try to cut their tax bills by turning themselves into “self-employed” contractors — without leaving their current employer — according to a
How Trump Survived His Second Debate, By the Numbers
published Oct 10th 2016, 8:27 am, by Adam Tiouririne (Bloomberg) —Sunday’s presidential debate ended with Hillary Clinton and Donald Trump naming one positive thing they respect in each other. But first came more than an hour of brutal political warfare. Eighty interruptions whizzed among Clinton, Trump, and the moderators during
Asia Stocks Rise as Energy Shares Rally With Oil, Topix Advances
published Oct 10th 2016, 7:14 pm, by Min Jeong Lee and Hiroyuki Sekine (Bloomberg) —Asian stocks rose as energy shares rallied on expectations major crude producers will work to tighten output, while equities in Japan gained as the yen weakened for a second day. The MSCI Asia Pacific Index added