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Dollar Drops, Gold Gains as U.S. Stocks End Lower: Markets Wrap
published Jan 31st 2017, 3:03 pm, by Jeremy Herron (Bloomberg) —The dollar extended its worst month since March as the Trump administration reiterated its preference for a weaker American currency. Stocks capped a fourth loss as an afternoon comeback fell short, while gold and Treasuries gained on haven bids. The
Stop Worrying and Learn to Love Amazon’s Meager Profits: Gadfly
published Oct 27th 2016, 5:07 pm, by Shira Ovide (Bloomberg Gadfly) — Just when everyone thought Amazon.com Inc. was steering into a lush forest of profits, it veered back to its desert of barren earnings. It has been smart to let Amazon drive wherever it wants to go, so investors
Hewlett-Packard Job Cuts Reflect the Decline of a Tech Giant
©2015 Bloomberg News NUSDN86JIJUY (Bloomberg) — Hewlett-Packard Co.’s decision to cut payroll by as many as 33,300 more jobs is the latest reminder of the decline of a pillar of the U.S. computer industry and underscores Chief Executive Officer Meg Whitman’s urgent efforts to gird the company against nimbler rivals. It