
Oil Companies Curtail Spending on Everything–Except Dividends
©2015 Bloomberg News NWYBGZ6KLVRL (Bloomberg) — Oil executives are standing by promises to protect dividend payouts from the collapse in crude prices even as they fire workers, cancel drilling projects and sell everything from oil fields to aircraft to conserve cash. Exxon Mobil Corp., the world’s biggest oil explorer, declared

Traveling the World by Container Ship: A Sheep Farmer Turned Sea Dog’s Advice
©2015 Bloomberg News NWYDX96JTSE9 (Bloomberg) — From tumultuous oceans to raw steak dinners, John McGuffick has had a few hairy moments at sea. But the retired Australian farmer says there’s no better way to see the world than from a budget berth on a cargo ship. McGuffick, 72, took his

Twitter Results Underline Jack Dorsey’s Turnaround Challenge
©2015 Bloomberg News NWWHJ6SYF01V (Bloomberg) — Twitter Inc.’s turnaround isn’t going to be easy. Even as Jack Dorsey has sought to be candid about the company’s challenges, Twitter’s results continue to fall short of expectations, with a fourth-quarter sales outlook that may miss estimates and another slowdown in user growth.

Blind Paralympic Judoka Fights to Land Jobs for Japan’s Disabled
©2015 Bloomberg News NWWMZL6K50Y9 (Bloomberg) — Law graduate Yusuke Hatsuse says he thought his college degree and national sporting success would make him an attractive recruit for Japan’s best known employers. When none invited him for interviews, he applied for virtually every job he could find. “I only heard back

For Strategic Oil Reserve, Question May Be How Low Can You Go?
©2015 Bloomberg News NWWIK16JIJV4 (Bloomberg) — Eight years ago, then-President George W. Bush called on Congress to double the size of the Strategic Petroleum Reserve to 1.5 billion barrels. Now, with U.S. imports and demand dropping, the question has become: How low can it go? Under a budget deal reached

What Carson’s Iowa Surge Doesn’t Mean: Jonathan Bernstein
©2015 Bloomberg View NWOLRR6JTSEF (Bloomberg View) — Donald Trump is no longer winning everywhere. The new Bloomberg Politics/Des Moines Register poll has Ben Carson on top in Iowa, with a 9-percentage-point lead over Trump. Combined with another national survey released yesterday, the HuffPollster estimate now has Carson at 26 percent to
Gold Investors Are Getting Ready for a Rally Before Fed Meeting
©2015 Bloomberg News NWUJGTSYF01S (Bloomberg) — If you’re looking for a sign on what gold investors are expecting from this week’s Federal Reserve meeting, look no further than open interest. The measure, which tallies total contracts outstanding, shows traders are holding more gold futures than at any time since November

Futuristic Cars Are Great, Just Make Sure to Be Back by Five
©2015 Bloomberg News NWUTDD6K50YD (Bloomberg) — Hiroshi Matsushita brims with pride about the staring and pointing that goes along with driving his dream car, Toyota’s hydrogen-powered Mirai fuel cell sedan. There’s just one problem: his new set of wheels came with a curfew. The construction of hydrogen refueling stations is

Emerging-Market Stocks Set for Fourth Weekly Gain on Stimulus
©2015 Bloomberg News NWP2CQ6KLVRC (Bloomberg) — Emerging-market stocks rose for a fourth week, the longest streak of gains in six months, as an interest- rate cut in China and prospects for continued monetary stimulus in Europe spurred demand for riskier assets. Tencent Holdings Ltd. advanced to a three-month high in Hong

Israel Debt Risk Gains Most in 14 Months as Violence Rises
©2015 Bloomberg News NWS6ZU6TTDS0 (Bloomberg) — The deteriorating security situation in Israel and the impact it may have on economic growth has led to the second-biggest surge in credit risk this month among developed nations. Israel’s credit-default swaps, contracts insuring the nation’s debt against default for five years, have advanced