
Gene-Editing Drugmaker Backed by Google, Gates Files for IPO
©2016 Bloomberg News O0GH0E6S9729 (Bloomberg) — Editas Medicine Inc., the drugmaker whose backers include Bill Gates and Google Ventures, filed to become the first publicly traded company to specialize in a new technology to edit flaws in genes. The company, which uses a gene-editing technique called Crispr, filed Monday for

Is There Such a Thing as Reliable Economic Growth Data?
©2016 Bloomberg News O0GDWI6JTSEB (Bloomberg) — Statistics surrounding economic growth are flawed at best, yet investors and officials rely on them. To show how uncertain the numbers can be, London-based research firm World Economics set out to rank 154 countries according to the reliability of their gross domestic product statistics. “Without

Will Anti-Cruz Movement Rally Behind Rubio?: Jonathan Bernstein
©2016 Bloomberg View O086W36JTSEA (Bloomberg View) — National Review’s Tim Alberta and Eliana Johnson report a potentially important development: The emergence of an Anybody-But-Cruz-(Except-Trump) movement from the soon-to-be ashes of the Iowa campaigns of Mike Huckabee and Rick Santorum. It would seem that some social conservatives, including a few currently supporting

Zuckerberg’s New Year’s Challenge: To Build an AI-Powered Helper
©2016 Bloomberg News O0EIHL6JTSEH (Bloomberg) — Mark Zuckerberg has decided on a new challenge for 2016: build an artificially intelligent assistant that can help around the home and at work. Facebook Inc.’s chief executive officer aims to build something like Jarvis in the “Iron Man” comics, he said in a

Saudi Arabia Cuts Ties With Iran After Tehran Embassy Attack
©2016 Bloomberg News O0EKFH6TTDS0 (Bloomberg) — In a significant escalation of tensions, Saudi Arabia cut ties with Iran and expelled the Islamic Republic’s diplomats, a day after its embassy in Tehran was attacked to protest the Saudis’ execution of a prominent Shiite cleric. Iran’s ambassador in the kingdom has 48

Boko Haram Civilian Attacks ’Overwhelming’ Government: Buhari
©2015 Bloomberg News O06XT76JTSEB (Bloomberg) — Nigerian President Muhammadu Buhari said the scale of bombings targeting civilians by Boko Haram is overwhelming and the intelligence service has no information about the condition or location of more than 200 schoolgirls kidnapped by the insurgents last year. Boko Haram’s “capacity to conventionally

Microsoft to Warn E-Mail Users About Government Hacking Attempts
©2015 Bloomberg News O078VN6JTSE9 (Bloomberg) — Microsoft Corp. said it will tell users of its e-mail and cloud storage services when government-backed hackers may have targeted them. The policy expands on existing procedures where Microsoft tells users if they believe an account has been targeted or compromised by a third

Gold Loses Luster for Third Straight Year as Investors Sell
©2015 Bloomberg News O07ABB6JIJUQ (Bloomberg) — Gold’s image as a haven asset has taken a battering with the metal heading for its third-straight annual loss amid the sale of gold-backed funds by investors. Bullion for immediate delivery was little changed at $1,061.65 an ounce at 8:05 a.m. in Singapore after declining

Dollar Rises as Hedge Funds Position for Further Gains in 2016
©2015 Bloomberg News O054756KLVR8 (Bloomberg) — The dollar climbed the most in nearly two weeks versus the euro after a report showed hedge funds boosted bets on a strong greenback for the first time in a month. The U.S. currency advanced after Commodity Futures Trading Commission data for the week

Mississippi River Area Closed by Floods; Grain Prices Rally
©2015 Bloomberg News O055KX6JTSED (Bloomberg) — Floods after heavy rain shut 5 miles of the Mississippi River, the biggest U.S. inland shipping channel, and waters were forecast to climb to record levels in parts of Missouri and Illinois later this week. The river between mile markers 179 and 184 near