$1 Coffees at 7-Eleven Fuel Japan’s Surge Into Java Big Leagues
©2015 Bloomberg News NSBYF26JTSEB (To get alerts for commodities columns: SALT CMMKT) (Bloomberg) — The fastest-growing drinks market in Japan isn’t craft beer or fruit smoothies. It’s $1 cups of black coffee from the local 7-Eleven. “Convenience-store coffee is just great, given its low price,” said Kiyoshi Fujimoto, a 50-year-old
Trump Leads Republicans in Race to the Bottom: Margaret Carlson
©2015 Bloomberg View NS9MQF6KLVR8 (Bloomberg View) — In the not-so-distant past — 2012, to be exact — candidates lived and died by the money primary. How much you could raise was a measure of your worth as a candidate and an indication of how long you could stay in the
A Leaderless Taliban May Benefit Islamic State: Lake and Rogin
©2015 Bloomberg View NS9OV76JTSEB (Bloomberg View) — Normally when a terrorist leader like the Taliban’s Mullah Omar is reported dead, it’s good news for the counter-terrorism world. Think Osama bin Laden in 2011. President Obama boasted about that victory all the way to the next election. But experts and U.S.
Zuckerberg to Wall Street: Be Patient, Big Things Will Take Time
©2015 Bloomberg News NSA0BT6KLVR6 (Bloomberg) — Patience is a rare investor virtue. Mark Zuckerberg thinks he has the track record to ask for it. Facebook Inc. had just reported second-quarter revenue Wednesday that beat analysts’ estimates, and on a conference call some of the same analysts asked the chief executive
In Hideaway for Brazil’s Rich and Famous, a New Scandal Emerges
©2015 Bloomberg News NS85AJ6K50Y8 (Bloomberg) — Just south of Rio de Janeiro, along a strip of coastline known for its white-sand beaches and high-end resorts, Brazil’s next big corruption scandal is starting to unfold. This one bears striking similarities to the colossal bribery case that has engulfed state-run oil giant
Donald Trump Defends Mike Huckabee’s Holocaust Analogy
©2015 Bloomberg News NS84AI6KLVRA (Bloomberg Politics) — As far Donald Trump is concerned, Mike Huckabee has nothing to apologize for. In an interview with Fox News’ Greta Van Susteren, Trump took aim at the Obama administration’s deal with Iran and stood up for Huckabee’s Holocaust analogy in which the former
Twitter Shares Slump as Executives Say Growth Will Take Time
©2015 Bloomberg News NS83JR6KLVR6 (Bloomberg) — Twitter Inc. executives had a clear message for investors on Tuesday: We have a lot of work to do, and don’t expect great progress anytime soon. After reporting quarterly sales that topped estimates, interim Chief Executive Officer Jack Dorsey and Chief Financial Officer Anthony
*Republicans Seek Firing of IRS Chief in Missing E-Mail Feud
©2015 Bloomberg News Richard Rubin (Bloomberg) — Republicans in the U.S. House called for the firing of IRS Commissioner John Koskinen, saying the man brought in to turn around the tax agency has lost their trust. Twenty-one House Republicans signed a letter calling on President Barack Obama to dismiss Koskinen.
Oil Extends Decline in Bear Market Amid Signs Glut Will Persist
©2015 Bloomberg News NS65YW6K50Y5 (Bloomberg) — Oil extended declines in a bear market amid signs producers from the Middle East to the U.S. will continue adding supplies amid a global glut. Futures slid as much as 1 percent in New York, dropping for a fifth day. Oil exports from southern
Toys ‘R’ Us Insurers Said to Cut Back Policies for Suppliers
©2015 Bloomberg News NS69A66JIJUP (Bloomberg) — Insurance companies are cutting back on their coverage of Toys “R” Us Inc. suppliers, bringing another headache to a retailer that has suffered more than two years of losses, people familiar with the matter said. Coface SA and Euler Hermes Group, which sell credit