*Jeb Bush Rolls out Health Plan Aiming to Make Care More Affordable
©2015 Bloomberg News NW4NS26S972H (Bloomberg) — Jeb Bush, like other Republican presidential candidates, is vowing to repeal Obamacare, while making healthcare more innovative and affordable. Bush’s health care plan, outlined Monday in a two-page document, is light on details of how he’d change a system that accounts for about 18
One Question to Make Debates Worthwhile: Stephen L. Carter
©2015 Bloomberg View NW4JMU6JTSED (Bloomberg View) — There’s a question that won’t be asked in Tuesday night’s Democratic presidential “debate” — it’s never asked — but we’d all be better served should the moderator offer it up. If and when the stage gets small enough, the same challenge could be
Is He Selling You a Stock? Or a Big Fat Lie?
©2015 Bloomberg News NV4PIR6KLVRQ (Bloomberg) — Gaeton Della Penna met many of his clients through his church. The Sarasota, Florida, financial adviser took their $3.8 million and promised safe investments with returns of at least 5 percent a year. Instead, in May 2014, the U.S. Securities and Exchange Commission charged him with using some of the money on
Oil Holds Gains Near $50 a Barrel as OPEC Sees Demand Growth
©2015 Bloomberg News NW2VS56KLVR5 (Bloomberg) — Oil extended gains near $50 a barrel amid speculation an increase in demand will ease a global glut. Futures rose as much as 0.5 percent in New York after advancing 9 percent last week. Demand will grow and non-OPEC supply is due to contract,
Asia Stocks Climb After Biggest Weekly Rally Since December 2011
©2015 Bloomberg News NW33BX6JTSEB (Bloomberg) — Asian stocks rose after posting their steepest weekly advance since December 2011, with technology and industrial shares leading gains. The MSCI Asia Pacific Excluding Japan Index climbed 0.2 percent to 425.16 as of 9:32 a.m. in Hong Kong, with Tokyo markets closed for a
Asian Futures Signal More Stock Gains to Come With Oil Near $50
©2015 Bloomberg News NVXE1Y6KLVRE (Bloomberg) — It’s the rally that just keeps on giving. Asian index futures foreshadowed another day of gains for the region’s stocks, with global equities on track for their best week since 2012 amid a bounce back in oil. No such luck for the dollar, which
Apple Pay to Expand to Starbucks Stores, KFC and Chili’s
©2015 Bloomberg News NVXDAX6JTSE9 (Bloomberg) — Soon, Starbucks lattes and KFC fried chicken will just be a tap away with Apple Pay. Apple Inc. is rolling out its mobile-payments service for select Starbucks Corp. stores by the end of the year, and will reach 7,500 company-owned stores in 2016, the
Netanyahu Using Tougher Tactics to Crush New Palestinian Assault
©2015 Bloomberg News NVWYTOSYF01X (Bloomberg) — Mowiah Abu Jamal watched an Israeli army wrecking crew tear down his family’s east Jerusalem home this week, almost a year after his brother and cousin entered a synagogue across town and wielded axes and guns to kill a group of rabbis at prayer.
Retiree Health-Care Costs Rise to a Cool Quarter Million
©2015 Bloomberg News NVUH4H6S972Q (Bloomberg) — The average 65-year-old couple retiring this year will face health-care costs of $245,000 in the years ahead, up 11 percent from a 2014 estimate of $220,000, according to a new report. That’s alarming if you’re 65, and maybe more alarming if you’re 25 — imagine what
A ‘Lehman Moment’ Is Rarer Than It Seems: Mark Gilbert
©2015 Bloomberg View NVJJFB6KLVS8 (Bloomberg View) — Ever sincethe demise of Lehman Brothersin 2008, the failed bank’s name is evoked whenever a company, industry or market gets into difficulties. Google the words “Volkswagen Lehman Moment” and you’ll generate 357,000 results in 0.55 seconds. Do the same for “Glencore Lehman Moment,” and