
Bloomberg Business: Dollar Holds Losses as Investors Await Fed Speeches for Clues
©2015 Bloomberg News NLN0TI6S9728 (Bloomberg) — The dollar held losses against the euro and the yen as investors look to speeches by Federal Reserve officials for clues on monetary policy. A gauge of the greenback against major peers dropped the most since October 2011 last week as banks including HSBC Holdings

Bloomberg Business: Oil Erases Last Week’s Gain as Saudi Arabia Pumps Near Record
©2015 Bloomberg News NLN67U6JTSEN (Bloomberg) — Oil fell in London, erasing last week’s gain as Saudi Arabia said it’s pumping crude near a record pace, bolstering speculation that a global glut will persist. Futures dropped as much as 1.2 percent. Saudi Arabia is producing almost 10 million barrels a day, Oil

Bloomberg Business: As Nasdaq Soars, China’s Alibaba-Led Dot-Com Boom Starts to Fade
©2015 Bloomberg News NLN6JS6JTSED (Bloomberg) — Just as the Nasdaq Composite Index surges to the cusp of the record high set during the dot-com-era, the excitement about China’s Internet boom is fading. Half of the 14 Chinese dot-coms that debuted in the U.S. last year are now trading below their

Bloomberg Business: Bank of Japan Should Build on Healthy Land Data: William Pesek
©2015 Bloomberg View NLHBS36KLVR9 Japan’s latest land-price data poses a conundrum for economists. Is a 0.7 percent rise in Tokyo, Osaka and Nagoya prices proof that the central bank’s quantitative-easing program is gaining traction? Or does the 0.3 percent drop in land costs nationwide underscore how persistent deflation remains? Let’s put this one

Bloomberg Business: Netanyahu Pulls Back Campaign Opposition to Two-State Plan
©2015 Bloomberg News NLHB1U6TTDS7 (Bloomberg) — Israeli Prime Minister Benjamin Netanyahu said he is still committed to Palestinian statehood if circumstances improve, pulling back from comments he made during his re-election campaign rejecting a two-state solution to the Israeli-Palestinian conflict. Netanyahu moved back toward his earlier, U.S.-supported stance on Thursday,

Bloomberg Business: Texas Sues U.S. Over Same-Sex Benefit Rule for Leave
©2015 Bloomberg News NLFHGI6VDKI1 (Bloomberg) — Texas sued the U.S. government over a change in rules tied to the federal Family and Medical Leave Act requiring recognition of same-sex unions in states where they are illegal, according to a complaint filed in federal court in Wichita Falls. The change in the

Bloomberg Business: Aging Baby Boomers Make Health Insurer Humana a Target: Real M&A
©2015 Bloomberg News NLFKEF6VDKHS (Bloomberg) — As more former hippies need hip replacements, health insurers from Humana Inc. to WellCare Health Plans Inc. are turning into hot targets. Humana and WellCare, both providers of Medicare coverage, are generating record revenue as aging U.S. baby boomers drive an increase in enrollment in

Bloomberg Business: Obama Says Mandatory Voting Would ‘Completely Change’ U.S. Political Map
©2015 Bloomberg News NLFJCP6JTSEE Talk about a change election. At a town hall meeting in Cleveland, Ohio, Wednesday, President Obama discussed the idea of mandatory voting, and said “that may end up being a better strategy in the short term” in helping to diminish the influence that money has on

Bloomberg Business: Netanyahu Claims Victory Against Herzog in Tight Israeli Vote
©2015 Bloomberg News NLDN2I6K50YD (Bloomberg) — Prime Minister Benjamin Netanyahu claimed victory based on exit polls suggesting he could form a governing coalition even though the results showed him neck and neck with rival Isaac Herzog. A onetime Netanyahu ally critical of his economic record was poised to become the

Bloomberg Business: Islamic State War Boosts Biggest Independent African Arms Maker
©2015 Bloomberg News NLDG766TTDSK (Bloomberg) — Islamic State’s expansion is causing instability from Basra to Beirut. It’s also boosting business for Ivor Ichikowitz, the founder of Africa’s biggest privately owned arms company. Ichikowitz’s Paramount Group, which sells products ranging from naval patrol vessels to refitted Mirage fighter jets, last month won