©2015 Bloomberg News NPCM016KLVR5 (Bloomberg Business) — When it comes to shuttering steel plants and transforming an economy, Pittsburgh can teach China how it’s done. That’s according to former Fed Chairman Ben Bernanke. China is undergoing a painful transition from an economy fueled by exports and heavy industry to one driven by consumer

©2015 Bloomberg News NPCO6V6S972A (Bloomberg Business) — Kunal Bahl’s American dream was coming together in late 2007. He had Ivy League degrees in business and engineering, a debut job at Microsoft Corp. and a roadmap to the career he’d always wanted in Silicon Valley. Then his application for a U.S.

©2015 Bloomberg News NPADB56K50Y3 (Bloomberg) — Scientists and economists including BP Plc’s former chief executive officer, John Browne, are inviting governments to join a $150 billion program that aims to make clean energy cheaper than coal. The 10-year plan, known as the Global Apollo Programme to Combat Climate Change, will

©2015 Bloomberg News NPABOM6KLVRA (Bloomberg) — In the heart of U.S. cattle country, a four- year drought got so bad that Jim Sartwelle’s east Texas ranches looked more like dirt parking lots than pastures. At one point, to keep the animals fed, he bought two truckloads of grass cut from

©2015 Bloomberg News NP7TSVSYF01T (Bloomberg) — Hedge funds accumulated the most bearish bet ever on crops from corn to soybeans after a mix of sunshine and rain created almost perfect growing conditions for U.S. farms. Across the Midwest, the weather’s been dry enough to get fieldwork done, with enough showers

©2015 Bloomberg News NP8A2MSYF01S (Bloomberg) — Greece’s hopes of sealing an accord with its creditors by the end of May dimmed on Sunday, as disagreements between the two sides on budget targets persisted, a person familiar with the matter said. With technical talks yielding no breakthrough, Greek Prime Minister Alexis

©2015 Bloomberg News NP7V8N6JTSE8 (Bloomberg) — By several measures, the rally that’s driven Israeli stocks to all-time highs is no reason to sell. The 12-month price-to-estimated earnings on equities in Tel Aviv was at least 13 percent lower than in the U.S. and Europe. A key indicator based on the

©2015 Bloomberg News NP31XY6JTSEF (Bloomberg Politics) — Every few hours, the campaigns of Kentucky Senator Rand Paul send out a donor message about his fight against the PATRIOT Act. In each one, this coming Sunday is marked as a do-or-die moment to block the most loathed provisions of the law.

©2015 Bloomberg News NP320VSYF01U (Bloomberg) — Google Inc. has been trying to make its mark in mobile payments since 2011 without much success. Now, the Web company is betting that a new feature called Android Pay will help it challenge Apple Inc., which entered the fray last year. Android Pay,

©2015 Bloomberg News NP31NB6JTSED (Bloomberg Business) — Morgan Stanley called them the Fragile Five. Brazil, India, Indonesia, South Africa and Turkey were the quintet of countries that suffered through a market rout two years ago after the Federal Reserve initially signaled it would reduce monetary stimulus — the so-called taper