bloomberg business
Netanyahu Peace Talks Overture to EU Spurs Criticism, Skepticism
©2015 Bloomberg News NOYE0L6JTSE8 (Bloomberg) — Israeli Prime Minister Benjamin Netanyahu has proposed restarting peace talks with the Palestinians by defining the borders of West Bank territory Israel would keep in a final deal. Palestinians dismissed the offer, presented by Netanyahu as an attempt to eliminate future disputes over settlement
Dollar Climbs to Highest Since 2007 Versus Yen as Data Impress
©2015 Bloomberg News NOZ71S6K50Y4 (Bloomberg) — The dollar jumped to an almost eight-year high against the yen as economic reports suggested the U.S. is getting back on track after a slow first quarter. The U.S. currency strengthened versus all 16 of its major peers after orders for capital equipment rose
South Sudan Oil Field Becomes Key Battleground as Economy Reels
©2015 Bloomberg News NOWQBZ6TTDS0 (Bloomberg) — After 17 months of civil war spanning a swathe of South Sudan bigger than Syria, President Salva Kiir’s survival may hinge on the fate of a single South Sudan oil field. Paloch in Upper Nile state, the only region still pumping crude in a
Identity Thieves Got Private Data for 104,000 U.S. Taxpayers
©2015 Bloomberg News NOZAND6K50Y8 (Bloomberg) — Identity thieves stole information on 104,000 U.S. taxpayers from the IRS website and used the data to file fake tax returns that yielded as much as $50 million in refunds, agency Commissioner John Koskinen said. The thieves had enough personal information on the taxpayers
*Five Things New Grads Should Do When They Get Their First Paycheck
©2015 Bloomberg News NOQX4E6S972C (Bloomberg Business) — If you are one of the lucky new grads switching from full-time student to full-time employee this graduation season, congratulations. You have made a significant investment in yourself, and you are seeing it pay off. You may have already mentally spent your first paycheck,
Presidential Candidates Continue to Take Shots at the Supreme Court
©2015 Bloomberg News NOXJJP6KLVR6 (Bloomberg Politics) — Of late, the U.S. Supreme Court has become a regular target for the current crop of presidential candidates, but for two decidedly different issues. For Republicans still burned by the court’s 2012 ruling that let stand insurance mandates and penalties under the Affordable Care
Bank Guilty Pleas Mess With Texas Pension Fund’s No-Felon Pledge
©2015 Bloomberg News NORU0OSYF01T (Bloomberg) — This just in: Texas pensions will, in fact, mess with felons. Last May the $26.2 billion Employee Retirement System of Texas responded to Credit Suisse Group AG’s guilty plea for tax fraud by saying that it had “a policy against hiring firms convicted of
Longtime Twitter Cheerleader Chris Sacca Is Dropping the Pom-Poms
©2015 Bloomberg News NOQASM6S972B (Bloomberg Business) — Chris Sacca, an early investor in Twitter, has been perhaps the biggest advocate of the company. Now, he’s ready to speak his mind. Sacca, an investor with Lowercase Capital who says he still owns “a lot” of Twitter stock, explained in a blog post on Thursday that he
Clinton Foundation Discloses More than $12 Million in Speech Fees
©2015 Bloomberg News NOQ5O16JTSEE (Bloomberg Politics) — The Clinton Foundation on Thursday disclosed nearly 100 instances in which it was paid directly for speeches delivered by Bill, Hillary and Chelsea Clinton in the past dozen years. In all, the fees from those engagements total between $12 million and $26 million
U.S. Real Yield Is Highest Since 2009 If CPI Forecasts Are Right
©2015 Bloomberg News NOOG9O6KLVR7 (Bloomberg) — The falling U.S. inflation rate is making the world’s biggest bond market more appealing. Consumer prices probably slid 0.2 percent in April from the year before, based on a Bloomberg survey of economists before the Labor Department reports the figures Friday. If right, it