©2015 Bloomberg View NLQR4Z6JTSE9 (Bloomberg View) — Some Wall Street stars are decamping for Silicon Valley, corralled by tech giants and tech start-ups looking for financial expertise, marquee talent and bragging rights. Morgan Stanley announced Tuesday that Ruth Porat, its chief financial officer and a 28-year veteran of the firm,

©2015 Bloomberg News NLQVJT6K50YF (Bloomberg) — U.S. government bonds are losing their advantage over their peers. Ten-year Treasuries yielded 1 percentage point more than the average for Group of Seven countries, with the premium dropping from 1.2 percentage points as recently as March 12. Treasuries rose and yields fell Tuesday

©2015 Bloomberg News NLODWB6K50Y2 (Bloomberg) — European banks will offload 100 billion euros ($109 billion) of unwanted loans this year to cut costs and restructure their balance sheets, according to a report by PricewaterhouseCoopers LLP. Banks will jettison bad debts and loans that no longer fit with their business strategies, PwC

©2015 Bloomberg News NLOZ5E6JIJVL (Bloomberg) — Gold traded near the highest level in two weeks on speculation that the Federal Reserve may be slow to raise interest rates in the world’s biggest economy. Bullion for immediate delivery traded at $1,188.14 an ounce at 9:07 a.m. in Singapore from $1,189.54 on Monday,

©2015 Bloomberg News NLN0TI6S9728 (Bloomberg) — The dollar held losses against the euro and the yen as investors look to speeches by Federal Reserve officials for clues on monetary policy. A gauge of the greenback against major peers dropped the most since October 2011 last week as banks including HSBC Holdings

©2015 Bloomberg News NLN67U6JTSEN (Bloomberg) — Oil fell in London, erasing last week’s gain as Saudi Arabia said it’s pumping crude near a record pace, bolstering speculation that a global glut will persist. Futures dropped as much as 1.2 percent. Saudi Arabia is producing almost 10 million barrels a day, Oil

©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

©2015 Bloomberg News NLHB1U6TTDS7 (Bloomberg) — Israeli Prime Minister Benjamin Netanyahu said he is still committed to Palestinian statehood if circumstances improve, pulling back from comments he made during his re-election campaign rejecting a two-state solution to the Israeli-Palestinian conflict. Netanyahu moved back toward his earlier, U.S.-supported stance on Thursday,

©2015 Bloomberg News NLFHGI6VDKI1 (Bloomberg) — Texas sued the U.S. government over a change in rules tied to the federal Family and Medical Leave Act requiring recognition of same-sex unions in states where they are illegal, according to a complaint filed in federal court in Wichita Falls. The change in the