Trump Indiana Win Boosts His Claim to Be Presumptive Nominee
published May 3rd 2016, 6:34 pm, by John McCormick (Bloomberg) —Real-estate developer Donald Trump won the Republican presidential primary in Indiana on Tuesday, dealing a devastating blow to Ted Cruz’s effort to stop the front-runner from becoming the party’s presumptive nominee before the national convention in July. Trump’s win, projected
Mid-Career and Itching to Lead a Startup? This VC Firm Wants You
published May 2nd 2016, 5:00 pm, by Yoolim Lee (Bloomberg) —It’s easy to spot the silver hair among Jungle Ventures’ gallery of startup founders. Look closer and you’ll find many have called the shots at banks and Fortune 500 outfits. That’s no accident. Jungle Ventures’ strategy involves betting on executive-suite veterans over
U.S. Stocks Rise as Dollar Weakens With Emerging Market Assets
published May 2nd 2016, 3:00 pm, by Jeremy Herron and Joseph Ciolli (Bloomberg) — U.S. shares rose the most in two weeks and the dollar weakened to the lowest in almost a year as traders lowered expectations for higher interest rates as manufacturing slowed last month. Emerging-market assets retreated with
It’s Tough to Stop Sex, Study of U.S. AIDS Effort Shows
published May 2nd 2016, 3:00 pm, by John Tozzi (Bloomberg) — “Abstinence promotion” policies the United States has funded for more than a decade as part of an effort to slow the spread of HIV in sub-Saharan Africa are largely ineffective, a new evaluation of the program concludes. The U.S.
Demagoguery Is the Challenge of Our Time: Michael R. Bloomberg
published Apr 30th 2016, 10:21 am, by Michael R. Bloomberg (Bloomberg View) — The following is an adaptation of an address to the University of Michigan’s class of 2016. The most useful knowledge that you leave here with today has nothing to do with your major. It’s about how to
Bernie Sanders Vows Contested Convention, Makes Case for Superdelegate Flips
published May 1st 2016, 3:19 pm, by Ros Krasny and Arit John (Bloomberg) — Bernie Sanders on Sunday marked the one-year anniversary of his bid for the White House by vowing that the Democratic convention will be “contested,” despite Hillary Clinton’s wide lead in pledged and overall delegates. “It’s virtually
Amazon Pledges to Bring Same-Day Delivery to Bronx After Outcry
published May 1st 2016, 4:08 pm, by Spencer Soper (Bloomberg) —Amazon.com Inc. will bring free same-day delivery to the Bronx — the only New York City borough now excluded — following criticism from elected representatives that the company’s data-driven service boundaries unfairly left out minority communities. The Bronx is at
The Current U.S. Economy Isn’t Too Disappointing: Justin Fox
published Apr 28th 2016, 1:39 pm, by Justin Fox (Bloomberg View) — Were you disappointed by that U.S. gross domestic product report this morning? Economic forecasters were, a little — the 0.5 percent annualized increase in first quarter real GDP compared with a 0.7 percent median projection in a Bloomberg
Bezos Reaps $6 Billion Gain on Amazon Results to Displace Slim
published Apr 28th 2016, 4:52 pm, by Tom Metcalf (Bloomberg) —Jeff Bezos has toppled Mexico’s Carlos Slim as the world’s fourth-richest person. Again. The net worth of the 52-year-old Amazon.com Inc. founder rose to $60 billion as the online retailer’s shares jumped 13 percent in extended trading. Amazon posted first-quarter
Buffett’s Children Say Both Parents Set Example for Philanthropy
published Apr 28th 2016, 6:06 pm, by Noah Buhayar and Margaret Collins (Bloomberg) — Two of Warren Buffett’s children praised their parents’ example in a broad-ranging conversation about philanthropy that touched on their youth and lessons learned in giving away some of their father’s wealth. “They absolutely shared the same