*Muslim Scholars Prepare Call for Action on Climate Change
©2015 Bloomberg News NSZAIS6VDKHU (Bloomberg) — Islamic scholars and religious leaders are preparing a call for action on climate change that will say it’s the religious duty of the world’s 1.6 billion Muslims to fight global warming. The declaration will be made in Istanbul next Tuesday during a two-day meeting
After 70 Years, Japan Still Needs to Say It’s Sorry: Editorial
©2015 Bloomberg View NSZRSQ6KLVR8 (Bloomberg View) — Japanese Prime Minister Shinzo Abe has said that when he commemorates the 70th anniversary of the end of World War II on Friday, he’d rather focus on the future than repeat the apologies of the past. That may sound reasonable to some ears.
Dollar Dials Back as Yuan Crimps Rate Bets; Japan Stocks Retreat
©2015 Bloomberg News NSZW976KLVR7 (Bloomberg) — The dollar remained on the back foot, sliding versus Korea’s won as investors cut bets on higher U.S. interest rates after China’s shock devaluation. The yuan rose in offshore trading, while Japanese stocks extended losses. The greenback traded near its weakest level this month
The Top Questions Facing Alphabet, the New Google Conglomerate
©2015 Bloomberg News NSXTEP6S972A (Bloomberg Business) — As Google Inc. reorganizes into Alphabet Inc., the conglomerate has promised a new era of transparency. Now, investors and analysts are working on wish lists of the kind of information they want to see from the Web company. Chief Executive Officer Larry Page said
South Sudan Sees No Agreement on Peace Before Aug. 17 Deadline
©2015 Bloomberg News NSXOT46K50XX (Bloomberg) — South Sudan’s warring factions haven’t made progress on a peace deal and it seems likely that no breakthrough will be reached by the Aug. 17 deadline, Information Minister Michael Makuei Lueth said. “None of the outstanding issues that were left pending in other negotiations
Foreign Buyers Aren’t Ruining Great Cities: Justin Fox
©2015 Bloomberg View NSXSFQ6S972A (Bloomberg View) — London, as we have all heard, has been taken over by foreign oligarchs who hardly ever visit their dwellings, pricing out regular hard-working intellectuals and dulling the city’s vibrancy. But if that’s the case, Janan Ganesh writes in the Financial Times, why is
S&P 500 to Add Second Class of Shares for Fox, Comcast, News
©2015 Bloomberg News NSW4JXSYF01S (Bloomberg) — Building on a change it began last year with Google Inc.’s stock split, S&P Dow Jones Indices will add additional share classes for Twenty-First Century Fox Inc., News Corp. and Comcast Corp. to the Standard & Poor’s 500 Index. The action will bring the
‘B Is for Buffett’ in Page’s Plan to Mold Google After Berkshire
©2015 Bloomberg News NSW6S56JIJUX (Bloomberg) — Google Inc. Chief Executive Officer Larry Page speaks affectionately of fellow billionaire Warren Buffett’s approach to business. With the decision to restructure the Internet-search giant, Page is putting Buffett’s influence into practice. Page on Monday said he’s restructuring Google so that all units outside
Mormons’ American Dream Includes the Boy Scouts: Noah Feldman
©2015 Bloomberg View NSD1AY6S9728 (Bloomberg View) — The upcoming decision by the Church of Jesus Christ of Latter-day Saints on whether to break ties with the Boy Scouts of America over the admission of gay scoutmasters matters to the Scouts because, as of 2013, LDS-affiliates make up 17 percent of
Ben Carson Says Uproar Over Donald Trump Comments Not About Political Correctness
©2015 Bloomberg News NSTQL56JTSE9 (Bloomberg Politics) — Ben Carson knows from political correctness. During a Sunday appearance on Meet the Press, the retired neurosurgeon and Republican presidential hopeful sought to distinguish the uproar over remarks made by Donald Trump about Fox News host Megyn Kelly from the garden variety political