published May 19th 2016, 1:36 pm, by Jennifer Jacobs and Kevin Cirilli (Bloomberg) — Power over the management of Donald Trump’s presidential campaign is shifting to Paul Manafort. Manafort was hired for his experience with contested Republican conventions, but now that that threat has passed, Trump is naming the 67-year-old

published May 19th 2016, 8:21 am, by Matt Levine (Bloomberg View) — Artificial intelligence. Look, Two Sigma is a big smart hedge fund that has done well and made its founders rich and has prospective recruits wear virtual-reality headsets for some reason. And I am sure they are wonderful at

published May 18th 2016, 4:24 pm, by Zachary Tracer (Bloomberg) — The rates Americans pay for coverage through Obamacare are going up, as New York joins the list of states where insurers are seeking big increases in premiums under the program, adding risk for the law as the U.S. presidential

published May 18th 2016, 6:01 pm, by Elisha Bala-Gbogbo and Javier Blas (Bloomberg) — After years of relative peace, militants are again blowing up the pipelines that criss-cross the mangrove swamps of Nigeria’s Niger River delta, reducing oil output to the lowest in almost three decades and fueling a rally

published May 18th 2016, 7:28 pm, by Sarah Frier (Bloomberg) —Facebook Inc. Chief Executive Officer Mark Zuckerberg met with political conservatives to explain how the social network comes up with its trending news topics, seeking to quell concerns that liberal-leaning news and sources were favored by the company’s editors. “I

published May 17th 2016, 2:30 pm, by Olivia Zaleski (Bloomberg) —Y Combinator, which helped incubate Airbnb Inc. and Instacart Inc., has a reputation for having an application process that’s more exclusive than Harvard University’s. About 6,000 aspiring startups applied to the Silicon Valley business incubator’s summer 2016 class in hopes of

published May 17th 2016, 3:37 pm, by Ian Sayson, Nupur Acharya and Maria Levitov (Bloomberg) — Emerging-market stocks advanced for a second day as oil selling for the highest price since November helped lift energy producers and suppliers of Apple Inc. rallied after Berkshire Hathaway Inc. disclosed that it held

published May 17th 2016, 3:54 pm, by Dani Burger and Anna-Louise Jackson (Bloomberg) —Signs of a healing economy have been nothing to celebrate in the U.S. stock market. On a day when industrial production, housing starts and consumer inflation all exceeded forecasts, the Dow Jones Industrial Average tumbled 181 points,

published May 16th 2016, 4:00 am, by Michael C. Bender (Bloomberg) — As Hillary Clinton’s campaign focuses its attacks on presumptive Republican nominee Donald Trump, she faces the challenge of pinning down someone who rapidly shifts positions on issues, sometimes within a single day. The Republican’s evasiveness confounded his primary

published May 16th 2016, 6:00 am, by The Editors (Bloomberg View) — Millions of poor Americans are stuck in places where they and their children are all too likely to remain in poverty. What can be done to improve their prospects? Historically, mobility has been one of the U.S. economy’s