America’s Auto Sales at Fastest Pace in Decade Prove Bright Spot
©2015 Bloomberg News NVK9056K50XZ (Bloomberg) — Auto sales accelerated more than expected in September, aided by cheap credit, good deals and relatively low gasoline prices. The annualized rate reached the fastest pace in more than 10 years. General Motors Co., Ford Motor Co. and Nissan Motor Co. all beat analysts’
Amazon to Ban Sale of Apple, Google Video-Streaming Devices
©2015 Bloomberg News NVKAVKSYF01V (Updates with analyst comment in fifth paragraph.) (Bloomberg) — Amazon.com Inc. will stop selling media- streaming devices from Google Inc. and Apple Inc. that aren’t easily compatible with its video service, the latest example of the company using its clout to promote products that fit with
*Obama Faults Inaction on Gun Limits After Oregon Mass Shooting
©2015 Bloomberg News NVKE8F6KLVUU (Bloomberg) — President Barack Obama said the U.S. had grown numb to mass shootings and faulted lawmakers for failing to take action, hours after a 20-year-old gunman opened fire at a community college in southwestern Oregon. In his remarks Thursday evening, the president said other countries
Hillary Clinton Raises $28 Million in Third Quarter, Barely Beating Bernie Sanders
©2015 Bloomberg News NVIN5W6S972A (Bloomberg) — Hillary Clinton’s presidential campaign raised $28 million during the third quarter, bringing her fundraising haul since her April launch to $75 million. The quarter was never expected to be quite as strong for the Democratic candidate as her first, yet the total will be
Buy Emerging-Market Stocks as Pessimism Peaking, Barclays Says
©2015 Bloomberg News NVIE3CSYF028 (Bloomberg) — A buy signal seen only four times in the past 12 years is flashing again in emerging-market stocks, according to Ian Scott of Barclays Capital. Things got so bad, they’re going to turn around, according to the London-based equity strategist. In the worst quarter
Trump’s Tax Plan Borrows From Republicans Who’ve Gone Before Him
©2015 Bloomberg News NVEDKI6KLWMH (Adds details starting in first paragraph.) (Bloomberg) — Donald Trump has portrayed himself as a different kind of Republican presidential candidate. His tax plan is mostly more of the same. The billionaire front-runner for his party’s presidential nomination has been promising to make “hedge fund guys” pay more
These Are the 10 Most Competitive Countries in the World
©2015 Bloomberg News NVGL436JTSEM (Bloomberg) — Switzerland, Singapore, and the U.S. are once again taking the top spots in the latest edition of the World Economic Forum’s Global Competitiveness Report, which combines 113 indicators that the WEF believes matter most for countries’ productivity. Here’s a look at this year’s top 10: * Switzerland
*Hillary Clinton Joins the Growing Chorus Against Obamacare’s ‘Cadillac Tax’
©2015 Bloomberg News NVGMJZ6KLVRM (Bloomberg) — While Republican presidential candidates debate the best way to repeal and replace Obamacare, Democrats have a different issue to work out: what to do about the law’s excise tax on high-cost employer-based health care plans. On Tuesday, Hillary Clinton called on Congress to repeal
Microsoft to Report Revenue in Three Major Segments
©2015 Bloomberg News NVEPIK6JIJUX (Bloomberg) — Microsoft Corp. is changing how it reports revenue and operating income, ahead of its quarterly results next month, reducing the number of financial segments to three major units from seven. Microsoft will group sales into Productivity and Business Processes, Intelligent Cloud and More Personal
*Obamacare’s Nonprofit Insurers Fail, Predictably: Megan McArdle
©2015 Bloomberg View NVEM7W6KLVRD (Bloomberg View) — Remember health care co-ops? No, of course you don’t, because unlike some people I could name, you did not spend most of 2009 and 2010 reading white papers, scouring newspapers and attending panels to keep up with the exciting minute-to-minute details of Obamacare’s