Bloomberg Business: Gold Fever Fading as $4 Billion Erased From Funds: Commodities
Copyright 2015 Bloomberg. NK6ZYY6JTSEC (Bloomberg) — Judging by the barometer of hedge-fund interest, there’s less to get excited about in gold these days. Even as Greece battled with its creditors to avoid default and keep the euro zone intact, speculators retreated from the metal used as a haven from economic and
Bloomberg Business: Christie Touts New Jersey Accomplishments as Budget Crunch Looms
Copyright 2015 Bloomberg. NK1ST66K50YR (Bloomberg) — During a speech to New Jersey lawmakers and business leaders in Washington on Thursday night, Chris Christie recounted balancing five budgets without tax increases and persuading Democrats to support a pension overhaul. Yet retirement costs and taxes still present a quagmire as the governor
Bloomberg Business: A Look at Dire Obamacare Predictions That Haven’t Panned Out Yet
Copyright 2015 Bloomberg. NK1T296S972B (Bloomberg Politics) — Since its inception, critics of the Affordable Care Act—or Obamacare, as it is popularly known—have warned that the legislation will prove disastrous for the nation. From dire predictions of job losses in the millions, exploding premiums, a steep jump in the number of
Bloomberg Business: Jews in Europe Say No to Exodus After Copenhagen, Paris Attacks
Copyright 2015 Bloomberg. NK1MOC6KLVS2 (Bloomberg Business) — Like any Jew living in France, Emilie Dahan was deeply shaken by last month’s attacks on Charlie Hebdo magazine and a kosher supermarket. She wondered whether, after four generations in the country, rising anti- Semitism and the risk of more terrorism might drive
Bloomberg Business: Obama Says Terrorists Seek Legitimacy by Using Religious Tie
Copyright 2015 Bloomberg. NJZR906K50Y1 (Bloomberg) — President Barack Obama said the U.S. and its allies must strip away any legitimacy that Islamic State and al- Qaeda claim by portraying themselves as religious movements. Obama, who has come under criticism from Republicans who say he avoids acknowledging the Muslim roots of extremist
Bloomberg Business: Sony to Profit Like It’s 1998 With $4.2 Billion Forecast
Copyright 2015 Bloomberg. NJZSEB6KLVRN (Bloomberg) — Sony Corp. forecast its highest earnings in 20 years as Chief Executive Officer Kazuo Hirai uses games, image sensors and entertainment to revive the electronics maker. The shares rose. Operating profit will reach 500 billion yen ($4.2 billion) in the year ending March 2018, the
Bloomberg Business: Fake Hillary Clinton and the New Social Media Rules of Truth
Copyright 2015 Bloomberg. NJZXZJ6KLVRD (Bloomberg Politics) — At 11:45 a.m. on Valentine’s Day, Saturday, Senator Rand Paul tweeted: https://twitter.com/SenRandPaul/status/advertised, the link took people to a Pinterest page purporting to belong to Hillary Clinton. Instead, it had been put together by Paul’s camp. There was a “Power Couple” board, with shots of the Clintonian Mr. &
Bloomberg Business: U.S. Oil Workers Threaten to Bring Strike to California Port
Copyright 2015 Bloomberg. NJY0AL6K50XT (Bloomberg) — The Port of Long Beach, which has been dealing with cargo delays since last year amid labor negotiations between terminal operators and longshoremen, may soon have another problem on its hands. United Steelworkers members who help run oil terminals at the port that supply
Bloomberg Business: Oil Halts Rising Streak as U.S. Stockpiles Seen Worsening Glut
Copyright 2015 Bloomberg. Ben Sharples (Bloomberg) — Oil fell for the first time in four days before U.S. government data forecast to show crude inventories increased further last week from a record level. Futures dropped as much as 0.9 percent in New York. Stockpiles probably gained by 3 million barrels
Bloomberg Business: Biogenesis Founder Gets Four Years in A-Rod-Linked Drug Case
Copyright 2015 Bloomberg. NJY4H56K50XY (Updates with Rodriguez apology in second paragraph.) (Bloomberg) — Anthony Bosch, who ran an anti-aging clinic that Major League Baseball said supplied performance-enhancing drugs to New York Yankees third baseman Alex Rodriguez, was sentenced to four years in prison. Bosch was sentenced Tuesday, the same day
