As Commodities Tumble, World-Leading Dividends Look Vulnerable
©2015 Bloomberg News NZ3RLI6K50XV (Bloomberg) — As commodity prices tumble to the lowest since the global financial crisis, the dividends paid by the world’s largest oil producers and miners look increasingly hard to justify. Take the world’s largest 500 companies by sales. Of the 20 expected to pay the highest
Congress Moves Toward Deal on Spending, U.S. Tax Break Extension
©2015 Bloomberg News NZ458J6K50YA (Bloomberg) — Congressional negotiators are pushing toward a deal to make permanent a series of expired tax breaks for businesses and individuals, a step lawmakers hope would speed parallel talks on a must-pass $1.1 trillion government spending bill. House Appropriations Chairman Hal Rogers filed a stopgap
As Congress Considers Crude Exports, Democrats Name Their Price
©2015 Bloomberg View NZ47LI6JIJV6 (Bloomberg) — Democrats in Congress are putting a high price on lifting the 40-year-old U.S. ban on crude oil exports. “At the top of the list is a long extension” of wind and solar tax breaks, Senator Edward Markey, a Massachusetts Democrat, said Wednesday. The tax
Trump’s Latest Bad Idea Is Actually Clarifying: Ramesh Ponnuru
©2015 Bloomberg View NZ27YD6KLVR6 (Bloomberg View) — Donald Trump wins again. Oh, he’s still not going to be president. His new offensive — coming out for a “total and complete shutdown” of Muslim immigration and travel to the U.S. — won’t get him any closer to taking over the White
Yahoo to Scrap Alibaba Stake Spinoff, CNBC Reports
@2015 Bloomberg News NZ28AX6VDKHT (Bloomberg) — Yahoo! Inc. will scrap its long-planned spinoff of its stake in Alibaba Group Holding Ltd., CNBC reported, a response to mounting pressure from investors who have grown tired of waiting for a turnaround in the Web portal’s main businesses. The Sunnyvale, California-based company will instead
Emerging-Market Stocks Drop on Crude Slump, China Growth Concern
©2015 Bloomberg News NZ27F36JIJUX (Bloomberg) — Emerging-market stocks fell for a fifth day, led by raw-material and energy producers, as crude prices plunged to the lowest since 2009 and Chinese trade data underscored concern that global growth is slowing. The Bloomberg Gulf Cooperation Council 200 Index tracking companies in the
*Trump Wants ‘Total and Complete Shutdown’ of Muslims Entering U.S.
©2015 Bloomberg News NZ0I896KLVR5 (Bloomberg) — Donald Trump is calling for “a total and complete shutdown of Muslims entering the United States,” his campaign said on Monday, until “our country’s representatives can figure out what is going on.” “Without looking at the various polling data, it is obvious to anybody the
Time Running Out on New U.S. Tax Extension Plan, Republican Says
©2015 Bloomberg News NZ0JUL6JIJV8 (Bloomberg) — Congressional leaders are pushing to reach a deal on a must-pass U.S. government spending bill as a Friday deadline nears to avoid a federal shutdown, even as they concede that lawmakers may have to work into the weekend and beyond. Complicating talks are simultaneous negotiations
Why Silicon Valley Won’t Enlist in Anti-Terror Fight
©2015 Bloomberg News NZ0JKJ6KLVR9 (Bloomberg) — President Barack Obama’s Oval Office speechon combating ISIS included a plea for “high-tech and law enforcement leaders to make it harder for terrorists to use technology to escape from justice.” Hours earlier, Hillary Clinton gave her own speech urging Silicon Valley’s “disrupters” to get to
Obama’s ‘New Phase’ of Terror Threat Among Hardest to Defeat
©2015 Bloomberg News NYYYIV6K50XT (Bloomberg) — President Barack Obama warned that the mass shooting in California last week showed the terrorist menace has evolved into a “new phase” of less sophisticated, harder to detect plots, while assuring the public that organizations like Islamic State that threaten the U.S. will be