Netflix Soars After Posting Subscriber, International Gains
©2015 Bloomberg News NRLK9N6KLVRP (Bloomberg) — Netflix Inc., the top stock in the Standard & Poor’s 500 this year, soared to a record high after reporting 65.6 million new subscribers to its Internet TV service in the second quarter. Netflix climbed 18 percent to $115.81 at the close in New
How a Harvard Economist Screwed Up—and Then Saved—Her Retirement
©2015 Bloomberg News NRL6GO6JTSEA (Bloomberg Business) — Just because you have a Ph.D. in economics doesn’t mean you know how to invest for retirement. Alicia Munnell, the director of Boston College’s Center for Retirement Research, was a member of the president’s Council of Economic Advisers for two years before joining Boston College
*Iran Deal Has Israelis Feeling Surrounded, Alone: Daniel Gordis
©2015 Bloomberg View NRL9FE6JTSEB (Bloomberg View) — Last summer, to get away from the war in Gaza with its air-raid sirens and cascade of terrible news, my wife and I decided to head north, and to rent a small cabin in the middle of nowhere for a few days. The
*Texas Couple Gets Marriage License After Suing for Foot-Dragging
©2015 Bloomberg News NR2S836VDKHU (Bloomberg) -– A gay couple that sued a rural Texas county clerk over a delay in the issuing of a marriage license received the certificate just hours after filing the complaint. Jim Cato and Joe Stapleton say they won’t drop their lawsuit though until the clerk’s
Who’s Got The Money? It’s Campaign Finance Filing Day
©2015 Bloomberg News NRJO8E6K50XY (Bloomberg Politics) — For many presidential candidates, it’s the first time they’ve got to disclose numbers for their campaign finance reports. Bloomberg reporters are watching as they come in and providing you with highlights. Bundling for Jeb, 3:39 p.m.| Eight lobbyists bundled a total of $228,400
Stocks Rise on Central Bank Backstop; Euro Falls to Six-Week Low
©2015 Bloomberg News NRKRD86TTDS9 (Bloomberg) — Stocks rose around the world on speculation central banks will do what’s needed, including weakening their currencies, to bolster their economies. The Stoxx Europe 600 Index advanced for a seventh day, climbing 1.3 percent at 10:47 a.m. in London. Carmakers gained amid the fastest
World’s Top Steelmaker Says Output Waning as Demand Stumbles
©2015 Bloomberg News NRIG9E6TTDS0 (Bloomberg) — Mills in the world’s biggest steelmaker are churning out less even as economy shows signs of stabilizing. Crude-steel production in China shrank 1.3 percent to 410 million metric tons in the first half compared with the same period of 2014, according to the National
What to Look for in Jeb’s Fundraising Bounty: Jonathan Bernstein
©2015 Bloomberg View NR9W436S9728 (Bloomberg View) — News item: Jeb Bush’s super PAC has raised… Yes, it’s a lot of money, but, sorry, I can’t get into it. The amount of money Jeb! will raise for his presidential campaign is More Than Enough. The details of exactly how much (more
Back-to-School Spending May Dip on Tighter Budgeting, NRF Says
©2015 Bloomberg News NRHYK96JIJUW (Bloomberg) — The National Retail Federation predicted a drop in the average family’s back-to-school spending, bringing a downbeat forecast to an industry hoping for a resurgence in the second half. Families will spend about 5.8 percent less on back-to- school shopping this year than in 2014,
The Latest Sign That Coal Is Getting Killed
©2015 Bloomberg News NRFDC86S972D (Bloomberg Business) — Coal is having a hard time lately. U.S. power plants are switching to natural gas, environmental restrictions are kicking in, and the industry is being derided as the world’s No. 1 climate criminal. Prices have crashed, sure, but for a real sense of coal’s diminishing prospects,