
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

Akon Likens Renewables to Digital Revolution You Can’t Miss
©2015 Bloomberg News NYY6FP6K50XS (Bloomberg) — The rap artist Akon joined chief executives of energy companies and policy makers from around the globe to urge a shift toward clean energy as climate negotiators in Paris prepare to start a second week of talks. The energy industry is responsible for more

Dollar Gains as Jobs Supports Fed Rate Rise, Soothes Volatility
©2015 Bloomberg News NYYNH36TTDS0 (Bloomberg) — The dollar held its gains after a stronger- than-expected U.S. jobs data strengthened market speculation that the Federal Reserve will raise interest rates next week. The greenback advanced against the yen, Aussie and kiwi on Monday, after a report at the end of last

Five Characteristics of a Political Populist: Stephen Mihm
©2015 Bloomberg View NYY2NW6KLVR4 (Bloomberg View) — It’s a recurring theme in U.S. history: Populist presidential candidates giving voice to an electorate fed up with Washington and politics as usual. Yet the three politicians wearing the label — the Republicans Ben Carson, Donald Trump and, to a lesser extent, Ted

Rubio Can Lose Early Primaries and Still Win: Jonathan Bernstein
©2015 Bloomberg View NYSC8J6S972U (Bloomberg View) — If Marco Rubio is the front-runner to win the Republican presidential nomination, as election prediction markets are saying (and I agree!), then why aren’t his poll numbers spiking? That’s what the Rubio naysayers keep asking. No matter that the Florida senator just moved into