©2015 Bloomberg News NVEX7U6KLVRV (Bloomberg) — U.S. House Majority Leader Kevin McCarthy said he’s running to replace Speaker John Boehner, a position the five-term California congressman appears prepared to easily win. “We can’t ignore the differences that exist, but we can and must heal the divisions in our conference with

©2015 Bloomberg News NVDVW36JTSEO (Bloomberg) — Millennials are dominating the Des Moines housing market. That’s an odd piece of information that seems a little less odd—and a little more important—the longer you ponder it. Roughly 60 percent of borrowers who used a mortgage to buy a home in Iowa’s capital

©2015 Bloomberg News NVDVOE6JIJUO (Bloomberg) — Alcoa Inc., the biggest U.S. aluminum maker, will split itself into two public companies. The first, which will keep the Alcoa name, will concentrate on mining and metal production. The second will focus on high- technology products. The transaction will be completed in the

©2015 Bloomberg News NVDWG76S972K (Bloomberg) — Oil halted its advance near $45 a barrel as lower Chinese industrial profits signaled demand may be weakening in the world’s second-biggest consumer. West Texas Intermediate futures fell as much as 2.1 percent after climbing 2.3 percent last week. China’s industrial-company profits dropped 8.8

©2015 Bloomberg View NV6W2G6S972D (Bloomberg View) — Over the years, I have been critical of the way 401(k)s are created, administered and managed. They can be expensive and filled with underperforming actively managed funds, some of which charge way too much. Some retirement plans offer too little diversification, especially in

©2015 Bloomberg View NV773N6KLVRA (Bloomberg View) — The Patrick Kane rape investigation continues to get uglier. Even before the latest bizarre development, we were well past the time for the NHL to intervene and take the Chicago Blackhawks star off the ice. On Wednesday, the accuser’s lawyer told reporters that an

©2015 Bloomberg View NV7AWF6JTSEP (Bloomberg View) — In listening to the pope’s address to Congress, I was initially most interested to hear what he would say about capitalism. Would he remind the U.S. Congress that the unfettered pursuit of profit is “the dung of the devil”? Or would he be

©2015 Bloomberg News NUU32K6KLVRL (Bloomberg) — Got an idea for a television show? Israeli Alon Dolev might just be your man. As chief executive officer and co-founder of the Tel Aviv- based TV Format Fund, Dolev, 43, has about $50 million to invest over the next five to seven years.

©2015 Bloomberg News NV58996JIJV3 (Bloomberg) — President Vladimir Putin, determined to strengthen Russia’s only military outpost in the Middle East, is preparing to launch unilateral airstrikes against Islamic State from inside Syria if the U.S. rejects his proposal to join forces, two people familiar with the matter said. Putin’s preferred

©2015 Bloomberg News NV5NX06JTSEA (Bloomberg Politics) — Carly Fiorina’s challenge to Hillary Clinton and President Obama is itself being challenged. Planned Parenthood accused the Hewlett-Packard CEO of “lying” when she described the contents of an undercover video during the second Republican debate. “There is no polite way to say this: Carly