published Jun 28th 2016, 7:07 pm, by Keiko Ujikane (Bloomberg) — Japan’s retail sales were unchanged in May, underscoring the challenge Prime Minister Shinzo Abe faces in boosting consumer spending and reviving the economy. Sales were flat in May from the previous month, when they dropped, the trade ministry reported

published Jun 28th 2016, 6:22 pm, by Eli Lake (Bloomberg View) —On Benghazi day, let’s spare a few thoughts for President Barack Obama’s national security adviser, Susan Rice. Yes, the headlines all say the House Select Committee on Benghazi couldn’t find any new dirt on Hillary Clinton. But the woman

published Jun 27th 2016, 4:52 pm, by Kevin Cirilli (Bloomberg) — The Trump campaign reached out directly to Christian leaders in the aftermath the Supreme Court’s overturning of Texas abortion laws on Monday, while deciding against releasing official statements or social media postings. Earlier Monday, the campaign engaged its recently-appointed

published Jun 27th 2016, 4:00 pm, by Natasha Khan (Bloomberg) — Four years ago, Shinya Yamanaka received a phone call that would forever change his destiny. The Kyoto University professor had won a Nobel Prize for his work in stem cell biology, which has since sparked a torrent of investment

published Jun 27th 2016, 4:32 pm, by Dani Burger and Bailey Lipschultz (Bloomberg) —U.S. stocks continued a rout sparked by Britain’s shock vote to leave the European Union, with the Dow Jones Industrial Average falling 260 points after equities on Friday tumbled the most in 10 months. Banks remained the

published Jun 26th 2016, 10:45 am, by Albert R. Hunt (Bloomberg View) — The contempt that Hillary Clinton and Donald Trump express for each other will continue to play out in vitriolic sound bites. But their profound differences on what to do about the economy and the struggling middle class

published Jun 26th 2016, 9:00 am, by Noah Feldman (Bloomberg View) — The Supreme Court’s decision to uphold the University of Texas’s race-conscious admissions process leaves affirmative action in higher education as a surviving remnant of the major social policy innovations that accompanied the civil rights movement. It’s been almost

published Jun 26th 2016, 6:38 pm, by Joseph Ciolli and Anna-Louise Jackson (Bloomberg) — The selling continued in American stocks after investors suffered the worst day since August on Friday following the U.K. referendum. Index futures on the S&P 500 Index fell 0.6 percent to 2,005.75 as of 7:31 p.m.

published Jun 22nd 2016, 9:04 am, by Luke Kawa and Tim Hlavacek (Bloomberg) —Elon Musk stared at the sun and envisaged a clean energy behemoth. “Blindingly obvious” was how the Tesla Motors Inc. chief executive officer and chairman of SolarCity Corp. described the plan to combine the two companies. The proposed deal

published Jun 23rd 2016, 5:00 am, by Suzanne Woolley (Bloomberg) — The largest U.S. banks found out today if they passed one of the Federal Reserve’s annual stress tests. The goal is to be judged strong enough to weather the economic fallout from a major financial crisis like the one