
Paris Hosts Anti-Terror Allies Seeking to Tackle Syria Puzzle
©2015 Bloomberg News NYLJRJ6JTSE8 (Bloomberg) — Paris will become the nexus of diplomacy on Syria this week as leaders including Russian President Vladimir Putin use the opportunity of United Nations climate talks to discuss the regional conflict that has become the global epicenter of Islamic State terrorism and the refugee

Gates Said to Be Planning MultiBillion Dollar Clean-Energy Fund
©2015 Bloomberg News NYL3VA6JTSEE (Bloomberg) — Billionaire Bill Gates and fellow philanthropists on Monday will unveil a multibillion-dollar fund for clean-energy technology that’s key to combating climate change, according to an environmental group briefed on the announcement. The effort, described as the biggest clean-energy research commitment in history, is intended

The $30 Oil Cliff That Economists See Threatening Russia in 2016
©2015 Bloomberg News NYL2V4SYF01S (Bloomberg) — For Russia, $30 is the number to watch. Crude prices at that level will push the economy to depths that would threaten the nation’s financial system, according to 63 percent of respondents in a Bloomberg survey. Lower prices for the fuel are next year’s

Deal of the Week: Pfizer Sticks It to U.S. Treasury
©2015 Bloomberg News NYE5326S9729 (Bloomberg) — Each week, host Alex Sherman, a Bloomberg mergers and acquisitions reporter, is joined by a colleague to discuss the most interesting and market-moving M&A news. In this episode, Alex and Global M&A Managing Editor McCracken discuss the largest deal of the year and the

Oil Holds Gains as Pace of U.S. Drilling Slows Amid Global Glut
©2015 Bloomberg News NYEGX16JIJUR (Bloomberg) — Oil held gains after rising for a third day on signs the pace of drilling is slowing in the U.S. amid a global oversupply. Futures were little changed in New York after advancing 0.4 percent Wednesday. The number of rigs targeting oil fell by 9

Big Banks Accused of Monopolizing Interest Rate-Swap Market
©2015 Bloomberg News NYED7N6JIJUS (Bloomberg) — Twelve of the biggest dealers in the interest-rate swap trading market were accused in a lawsuit of conspiring to block fund managers from entering the exchange market. The antitrust complaint filed in New York federal court by a public pension fund names most of

Netanyahu Gives Kerry Conditions for Aiding Palestinians
©2015 Bloomberg News NYC9RS6S972D (Bloomberg) — Israeli Prime Minister Benjamin Netanyahu told visiting U.S. Secretary of State John Kerry that the wave of attacks by Palestinians must subside before his government agrees to take steps to improve conditions in the West Bank. Netanyahu, who has blamed incitement by Palestinian leaders

Chicago Pension Ruling Seen a Loss as Retirement Costs Climb
©2015 Bloomberg News NYAH266JIJUU (Bloomberg) — As Chicago awaits the ruling on whether Mayor Rahm Emanuel’s plan to save its retirement funds from insolvency is dead or alive, investors are already marking the fight down as a loss that will strain city coffers and boost pension costs by billions. Conning,

Bromance on the Rocks: Surging Ted Cruz Begins to Poke Donald Trump
©2015 Bloomberg News NYC27H6S972X (Bloomberg) — Ted Cruz’s moment has arrived. Less than 10 weeks before Iowa voters their cast the first votes of the presidential campaign season in Feb. 1 caucuses, a new Quinnipiac poll shows the Texas senator statistically tiedwith Republican presidential front-runner Donald Trump for the lead in

In ‘Overcrowded’ Food Delivery Market, Venture Capitalists Are Still Hungry for More
©2015 Bloomberg News NYAFTG6S972A (Bloomberg) — Just eight months after raising $40 million from venture capitalists, DoorDash is making another run. The San Francisco food delivery startup is in talks to raise financing at a valuation of at least $1 billion, said people with knowledge of the matter. Sequoia Capital,