Microsoft Wins $480 Million Army Battlefield Contract
published Nov 28, 2018, 4:39:18 PM, by Joshua Brustein (Bloomberg) — Microsoft Corp. has won a $480 million contract to supply prototypes for augmented reality systems to the Army for use on combat missions and in training, the Army said. The contract, which could eventually lead to the military purchasing
Climate-Crisis Forecast by U.S. Has No Path to Avoid Catastrophe
published Nov 26, 2018, 4:00:18 AM, by Eric Roston (Bloomberg) — A landmark U.S. climate change study by 13 federal agencies brings greater urgency to the question of what Americans can do to avoid an unprecedented shift in how they live in coming decades. What it doesn’t do is provide
Why Emerging Markets Face a Brighter Outlook After a Rotten 2018
published Nov 26, 2018, 6:57:41 PM, by Lilian Karunungan and Abhishek Vishnoi (Bloomberg) — After starting the year on a high note, emerging-nation equities are poised for their fifth annual decline of the past decade. The good news is that market players see clouds lifting — or at least clearing
Asia Stocks Set to Follow U.S. Rally; Bonds Slide: Markets Wrap
published Nov 26, 2018, 5:29:59 PM, by Andreea Papuc (Bloomberg) — Stocks in Asia are set to climb after beaten-down tech shares led the strongest session for U.S. stocks in two weeks. The dollar held gains as President Donald Trump discussed plans for further China tariff increases in the absence
Bond Gurus at Pimco, Guggenheim, TCW Warn of `Fallen Angel’ Risk
published Nov 23, 2018, 12:33:15 PM, by John Gittelsohn (Bloomberg) — Investors are turning conventional wisdom on its head. During stock market routs, they’re often expected to move into bonds for comfort. That hasn’t happened. As stock volatility rose in October, investors pulled a net $14.2 billion from taxable bond
The $200 Trillion Gold Rush That Has Reshaped Private Banking
published Nov 24, 2018, 7:00:31 AM, by Bloomberg News (Bloomberg Markets) — Ten years ago, stock markets plunged, major banks faltered, and the global economy teetered on a precipice. Few would have predicted that the ensuing decade would produce an explosion in wealth. But that’s just what happened. An unprecedented
Russia Fires on Ukraine’s Navy Near Crimea as Tensions Flare
published Nov 25, 2018, 6:46:42 PM, by Aliaksandr Kudrytski, Daryna Krasnolutska and Ilya Arkhipov (Bloomberg) — Russia fired on Ukrainian warships and injured some of their crew members, marking a dramatic renewal of tensions between the ex-Soviet neighbors near the peninsula of Crimea that President Vladimir Putin annexed four years
Asia Stocks Drop; Pound Holds Gain on Brexit Deal: Markets Wrap
published Nov 22, 2018, 8:10:47 PM, by Adam Haigh (Bloomberg) — Asian stocks were mostly weaker on low volumes, rounding out a third week of losses. The pound kept its gains following a breakthrough over the Brexit deal between the U.K. and EU. Stocks in Hong Kong, China and South
U.S. Abortions Dropped to Lowest in at Least a Decade: CDC
published Nov 21, 2018, 4:01:40 PM, by Alex Tanzi (Bloomberg) — The number of U.S. abortions declined in 2015, falling 2 percent from a year earlier to 638,169, the lowest in at least a decade, according to data from the Centers for Disease Control and Prevention. The abortion ratio for
Ahead of EU Vote, Google Unveils New Policy for Election Ads
published Nov 21, 2018, 5:01:00 PM, by Natalia Drozdiak (Bloomberg) — Google said it will roll out new policies in Europe to provide more transparency around political ads, ahead of European Union elections in the spring. The announcement Thursday by the Alphabet Inc. division follows a year of intense global