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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
Canadian Lumber Producers Tumble Amid Slow U.S. Housing Recovery
published Apr 21st 2016, 3:55 pm, by Jen Skerritt (Bloomberg) — West Fraser Timber Co. and Canfor Corp., Canada’s largest lumber producers, are suffering from tepid demand in the U.S. where the recovery in the housing market is stuttering. U.S. housing starts fell a more-than-expected 8.8 percent last month, the
