published Jun 14th 2016, 1:54 pm, by Toluse Olorunnipa and Jennifer Epstein (Bloomberg) — President Barack Obama launched a broadside rejection of Donald Trump’s demand that the U.S. label Muslim terrorists as “radical Islamists,” arguing the presumptive Republican presidential nominee risks emboldening America’s enemies and antagonizing an entire faith. In

published Jun 15th 2016, 12:26 pm, by Sahil Kapur and Ben Brody (Bloomberg) — The National Rifle Association said Wednesday it is willing to meet the presumptive Republican presidential nominee Donald Trump amid a potential disagreement between the two allies over gun rights for people who are placed on terrorism

published Jun 15th 2016, 4:17 pm, by Steven T. Dennis (Bloomberg) — Senator Marco Rubio said he will consider running for re-election this year after all, amid an effort by fellow Republicans to persuade the former presidential contender not to give up his Florida seat. A Rubio run would be

published May 31st 2016, 10:30 am, by Cass R Sunstein   (Bloomberg View) — Thirty-nine years ago, on May 25, 1977, a movie was released with a somewhat ridiculous name: “Star Wars.” (It’s now called “Episode IV: A New Hope.”) Almost no one thought that it would do well, and

published Jun 14th 2016, 8:00 am, by Matt Levine (Bloomberg View) — LinkedSoft. The most terrifying slide in the investor presentation for Microsoft’s $26.2 billion acquisition of LinkedIn features this bubble: The archetypal joke about the deal is an image of the old Microsoft Clippy saying “I’d Like to Add you

published Jun 14th 2016, 5:43 pm, by Alison Vekshin (Bloomberg) — California has overtaken France as the world’s sixth-largest economy, fueled by strong growth and the U.S. dollar’s gains against foreign currencies, state data released Tuesday show. The most-populous U.S. state, with a gross domestic product of $2.5 trillion, has

published Jun 13th 2016, 4:58 pm, by Jennifer A. Dlouhy (Bloomberg) — Peabody Energy Corp. is set to pay President Barack Obama’s Harvard Law School mentor $435,000 this year to help the bankrupt coal producer challenge the administration’s signature environmental law. The payments to Laurence Tribe, a constitutional law expert

published Jun 13th 2016, 5:22 pm, by Joel Rosenblatt (Bloomberg) — FedEx Corp. took advantage of its “legitimate” corporate identity, size and sophistication to engage in criminal behavior by delivering illegal prescriptions from Internet drug stores, federal prosecutors said at a trial. The government will rely on “dozens and dozens”

published Jun 13th 2016, 5:09 pm, by Inyoung Hwang and Joseph Ciolli (Bloomberg) — U.S. stocks and oil slumped, benefiting haven assets such as gold and the yen, as investors grew increasingly cautious ahead of key central-bank meetings this week and Britain’s vote on its membership of the European Union,

published Jun 9th 2016, 12:32 pm, by Suzanne Woolley (Bloomberg) — For the past two years, a commission made up of 19 high-profile people from the academic, political, business, and investment worlds has been busy devising a bipartisan plan to strengthen the retirement security and personal savings of Americans. The