
India Claims Top Ten in List of World’s Fastest-Growing Cities
published Dec 5, 2018, 5:01:00 PM, by Xiaoqing Pi (Bloomberg) — When it comes to the top 10 cities for economic growth, India is set to dominate over the next two decades, according to Oxford Economics. Surat, a diamond processing and trading center in the north-western state of Gujurat, will

Japan Needs to Change Its Attitude to Foreigners: Editorial
published Dec 4, 2018, 4:30:19 PM, by The Editors (The Bloomberg View) — Even as politicians in the U.S. and Europe rage about foreigners supposedly swamping their shores, one of the world’s most insular countries — Japan — is on the verge of passing what might be its most sweeping

Trump Said to Lift Carbon-Capture Mandate for New Coal Plants
published Dec 4, 2018, 7:15:55 PM, by Jennifer A. Dlouhy (Bloomberg) — The Trump administration will propose scrapping an Obama-era mandate that new coal-fired power plants use carbon-capture technology, removing a major barrier to constructing the facilities, according to a person familiar with the plans. The Environmental Protection Agency is

New York Sets Minimum Wage for Uber, Lyft Drivers
published Dec 4, 2018, 5:12:45 PM, by Joshua Brustein (Bloomberg) — New York City’s Taxi and Limousine Commission voted Tuesday to set a minimum wage for Uber and Lyft drivers, marking the first time a government in the U.S. has imposed wage rules on ride-hailing companies. Under the new rules,

Wall Street Rule for the #MeToo Era: Avoid Women at All Cost
published Dec 3, 2018 8:59:09 AM, by Gillian Tan and Katia Porzecanski (Bloomberg) — No more dinners with female colleagues. Don’t sit next to them on flights. Book hotel rooms on different floors. Avoid one-on-one meetings. In fact, as a wealth adviser put it, just hiring a woman these days

Asian Stock Rally Stalls; U.S. Curve Flattens: Markets Wrap
published Dec 3, 2018 6:15:34 PM, by Cormac Mullen (Bloomberg) — Asian stocks slipped Tuesday, signaling fading investor applause for the U.S.-China trade truce. A portion of the Treasury yield curve inverted for the first time in more than a decade. Stocks in Japan, Korea and Australia posted modest losses

There Is a Magic Bullet for Some Cancers. What If It Misses?
published Dec 3, 2018 6:25:48 PM, by Michelle Cortez (Bloomberg) — Shahzad Bhat, 53, was working at the MGM Mansion in Las Vegas when his doctor gave him three months to live in October 2017. There were no more treatments available for his aggressive form of lymphoma. Like some of

Data Is Money for Fintech That Helped Coke Put Names on Bottles
published Dec 2, 2018, 2:00:00 AM, by Alastair Marsh (Bloomberg) — When Brian Cassin’s daughter saw a bottle of Diet Coke with her name on it at the airport, she told her father she had to have it. The personalized trinket from an iconic brand was, for her dad, another

Five Things You Need to Know to Start Your Day
published Dec 2, 2018, 6:10:23 PM, by Adam Haigh (Bloomberg) — The U.S. and China agree to a truce in the trade war, markets are showing signs of relief, and it’s a busy week for economic data culminating in Chinese trade figures on Friday. Here are some of the things

Trump Sees a Meeting With North Korea’s Kim as Soon as January
published Dec 2, 2018, 6:56:50 PM, by Jennifer Epstein (Bloomberg) — U.S. President Donald Trump said he expects to hold a second summit with North Korea Leader Kim Jong Un as soon as next month and that three locations are being considered. “I think we’re going to do one, fairly,