published Apr 10th 2016, 3:27 am, by Clarissa Batino (Bloomberg) — Manny Pacquiao beat Timothy Bradley in a unanimous decision that may boost his political ambitions and help him clinch a Philippine senate seat. Pacquiao, who confirmed his retirement from the sport after the fight, knocked down Bradley twice, showing

published Apr 10th 2016, 5:54 pm, by Emma O’Brien (Bloomberg) — U.S. oil topped $40 a barrel for the first time this month, extending Friday’s surge amid easing concern over a global glut ahead of a meeting of major producers. Commodity-linked currencies held on to gains. West Texas Intermediate crude

published Apr 10th 2016, 9:47 am, by Albert R. Hunt (Bloomberg View) — When House Speaker Paul Ryan released a video laying out his familiar theme that politics should be fought on ideas and issues, the Drudge Report’s headline was: “Paul Ryan launches his first campaign ad.” A dream of

published Apr 7th 2016, 7:04 am, by Eric Balchunas (Bloomberg) — Has the music stopped for the financial industry? Just as record companies in the early 2000s had to deal painfully with the digitization of music courtesy of Napster and Apple Inc.’s iTunes, many asset managers are now facing a

published Apr 7th 2016, 7:44 pm, by Pavel Alpeyev (Bloomberg) — Yahoo Japan Corp. shares rose on news that Verizon Communications Inc. is willing to buy Yahoo Inc.’s stake in the Japanese Web company as part of a bid for the business. Verizon made the offer to include Yahoo Japan

published Apr 7th 2016, 6:15 pm, by James Paton (Bloomberg) — Oil reversed losses amid speculation about whether an accord can be reached at a meeting between OPEC members and Russia on freezing oil production. Futures rose as much as 1.2 percent in New York after slipping 1.3 percent Thursday.

published Apr 6th 2016, 8:24 am, by Matt Levine (Bloomberg View) — Inversions. The consensus seems to be that the anti-inversion rules that Treasury released later Monday were aimed directly at one deal: the Allergan/Pfizer merger. In particular, the inversion rules have for a long time prevented transactions in which

published Apr 6th 2016, 4:00 pm, by Terrence Dopp (Bloomberg) — Fresh off a double-digit victory in Wisconsin, Ted Cruz landed in in Donald Trump’s home state Wednesday to declare that the tide in the Republican primary had turned and that the billionaire front-runner knows it. “He gets very angry

published Apr 6th 2016, 5:15 pm, by Elise Young and Romy Varghese (Bloomberg) — New Jersey Governor Chris Christie said he won’t step in to help Atlantic City avert a default on its May bond payment as the distressed gambling hub runs out of money and a takeover bill remains

  published Apr 5th 2016, 6:58 pm, by Christopher Palmeri and Lucas Shaw (Bloomberg) — Billionaire Sumner Redstone has designated his daughter Shari as his new health-care agent, replacing longtime confidant and Viacom Inc. Chairman Philippe Dauman, people with knowledge of the matter said. The decision coincides with settlement talks