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Singapore State Fund Said to Confront Complaints in Sale ...

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The litany of complaints about the biggest Asian buyout deal became so bad that Singapore’s sovereign wealth fund decided to act.

London's Fire Symptomatic of Larger Safety Issues Globally

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London (AP) -- The deaths of 79 people in a London apartment tower have triggered emergency inspections, evacuations and soul searching among British ...

Poll Suggests Scant Global Confidence in Trump on Foreign ...

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Washington (AP) -- The reviews from around the globe are in and they show scant confidence outside the United States in President Donald Trump's ability to ...

Why Cold, Hard Cash Remains King - Bloomberg

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We don't have to like the way technology is changing the world. Given the technological disruption that's happening everywhere, it's reasonable to expect a ...

Top Stories in last day

01

The Credit Card Rewards War Rages. Are You the Loser ...

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U.S. card issuers would prefer a different answer. Credit brings in far more revenue. First, the banks charge higher “interchange fees,” fees paid by ...

22

Sometimes You Just Need an Activist - Bloomberg Gadfly

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Gillian Tan is a Bloomberg Gadfly columnist covering deals and private equity. She previously was a reporter for the Wall Street Journal. She is a ...

21

Bitcoin, Ether Lead Digital Currency Slide From Highs

Bitcoin declined as much as 17 percent, while smaller competitor ether continued to slide after experiencing a “flash crash” last week, raising concern about mainstream acceptance of the digital currencies. Bitcoin slumped to as low as $2…

Apple Is Working With Hertz to Manage Its Self-Driving Car Fleet

Apple Inc. is leasing a small fleet of cars from Hertz Global Holdings Inc. to test self-driving technology, an agreement that echoes a larger deal between competitors Alphabet Inc. and Avis Budget Group Inc. Hertz shares soared the most…

19

Amazon's Echo Show: Do You Need Another Screen?

My pro-tips: Music playback: The Echo Show can connect to Amazon's Prime Music service, Spotify, Pandora, although not to Apple Music. You can work around ...

18

Supreme Court Weakens Wall Between Church and State ...

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In a decision of historical significance, the U.S. Supreme Court has held that a church is entitled to direct government funding to resurface its ...

Amazon Robots Poised to Revamp How Whole Foods Runs Warehouses

When Amazon.com Inc.'s $13.7 billion bid to buy Whole Foods was announced, John Mackey, the grocer's chief executive officer, addressed employees, gushing about Amazon's technological innovation. "We will be joining a company that’s…

15

A Very Italian Bailout - Bloomberg Gadfly

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Lionel Laurent is a Bloomberg Gadfly columnist covering finance and markets. He previously worked at Reuters and Forbes. Marcus Ashworth is a Bloomberg ...

14

European Stocks Jump as Crude, Nestle Power Gains: Markets Wrap

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European stocks started the week on the front foot as catalysts including a rebound in crude propelled equities toward the biggest gain in five days. The pound swung before edging higher as Theresa May struck a deal to shore up her…

Europe Doesn’t Need American Climate Scientists. It Needs American Climate Data

President Trump’s withdrawal from the Paris Agreement, proposed budget cuts for research, and general anti-science sentiment has spooked climate scientists. Ultimately, his actions may have a greater affect on the nation’s scientific…

Gold Plunges After 1.8 Million Ounces Were Traded in One Minute

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Gold traders shaken awake by Monday’s rapid price plunge said the move probably won’t mean an end to the sleepy pace that’s characterized the market in recent months. Bullion sank at 9 a.m. in London on Monday after a huge spike in volume…

12

What You Don’t Know About Generic Drugs, and How It Can Hurt You

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To keep his anxiety under control, Peter, a 35-year-old government employee, relied for nine years on a blue-and-white pill he popped every night before bed: Cymbalta, made by Eli Lilly & Co. When a generic version came on the market,…

Shkreli Made Big-Money Brag to FBI and Now Faces His Reckoning

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Even as the FBI closed in, the biotech wunderkind boasted to federal agents that he'd made a fortune investing in life-saving -- and high-priced -- medicine. He told them he had built a “billion dollar company” -- “single-handedly,” no…

10

$69 Billion Worth of Bezos Bombshells - Bloomberg Gadfly

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Shira Ovide is a Bloomberg Gadfly columnist covering technology. She previously was a reporter for the Wall Street Journal. Elaine He oversees Bloomberg ...

05

Roiled by Airbag-Recall Crisis, Takata Files for Bankruptcy

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Takata Corp. filed for bankruptcy protection in the biggest postwar Japanese corporate failure in the manufacturing industry, as the 84-year-old company buckled under liabilities from millions of recalled air bags that have been linked to…

Saudi Religious Police Return, Just With a Little Less ...

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Outside a supermarket in Riyadh, a long-bearded police officer peers at a driver, glances at his female passenger and issues an order: “You should stay ...

Monday, Jun 26

How Does the Supreme Court Feel About Feelings?

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The travel ban and a Mississippi gay-rights case show how the law is divided over religious rights. by. Noah Feldman. @NoahRFeldman More stories by Noah Feldman. Sun Jun 25 2017 17:11:18 GMT-0700 (PDT). Check the establishment clause.

Sunday, Jun 25

Nestle Targeted by Dan Loeb in Activist’s Biggest-Ever Bet

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Dan Loeb has amassed a $3.5 billion stake in Nestle SA, targeting Europe’s largest company in the biggest bet of his two-decade career as an activist investor. Third Point, Loeb’s hedge fund, owns about 40 million shares in the Vevey,…

Japan's Casinos Don't Need High Rollers - Bloomberg Gadfly

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David Fickling is a Bloomberg Gadfly columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg ...

SpaceX Launches 10 Satellites From California Air Base

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Los Angeles (AP) -- A SpaceX rocket carried 10 communications satellites into orbit from California on Sunday, two days after the company successfully launched a satellite from Florida. The Falcon 9 rocket blasted off through low-lying fog…

Trump to Call for U.S. ‘Dominance’ in Global Energy Production

Donald Trump will tout surging U.S. exports of oil and natural gas during a week of events aimed at highlighting the country’s growing energy dominance. The president also plans to emphasize that after decades of relying on foreign energy…

Saturday, Jun 24

Trump’s CIA Chief Says U.S. Plans to Stop Leaks, ‘Punish ...

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Russia “meddled” in last year’s presidential election as part of a decades-long effort to “undermine American democracy,” said CIA Director Mike ...

Cindy Causes Minor Flooding Across South as Rain Continues

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Birmingham, Ala. (AP) -- Floodwaters from Tropical Storm Cindy covered timberland and fields across the rural Deep South on Saturday, but the sun peeked out enough to offer hope that the worst was over. Swollen by heavy rains and flowing…

GOP Push for 20-Year Tax Cut Grows as Ryan Seeks Permanent Fix

A Republican senator is building support to change budget rules in order to make temporary tax cuts last for two decades or more, but he has yet to ...

Trump Didn't Record Comey, White House Tells House Intel ...

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President Donald Trump didn’t record his conversations with ousted FBI Director James Comey, the White House confirmed in a notice sent to the House ...

Friday, Jun 23

Health Stocks Surge, Shrugging Off Uncertainty in Washington

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There’s plenty of uncertainty about health policy in Washington, but on Wall Street, investors have a clear hunger for health stocks. After Republican Donald Trump’s presidential-election victory, the health-care sector trailed the pack as…

Britain’s Financial Power Is Already Seeping Away

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Britain’s financial power began ebbing away just days into the Brexit negotiations as the European Central Bank sought authority over a key market and banks from Morgan Stanley to Nomura Holdings Inc. fleshed out plans to move operations…

Short-Seller Nailed Home Capital, Then Got Stung by Buffett

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Marc Cohodes was having dinner Wednesday with a friend at the Slanted Door, an upscale Vietnamese restaurant on San Francisco’s Embarcadero, when he saw the news: Warren Buffett’s Berkshire Hathaway Inc. had just thrown a lifeline to Home…

GOP's Heller Opposes Senate Health Plan in Blow to McConnell

GOP Senator Dean Heller of Nevada said Friday he opposes Majority Leader Mitch McConnell’s plan to overhaul Obamacare, as the party leader faces pushback from fellow Republicans days before the Senate may begin debate on the measure. “It’s…

Thursday, Jun 22

Biggest Banks Clear Their First Hurdle in Fed’s Stress Tests

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Thirty-four of the largest banks operating in the U.S. cleared a Federal Reserve stress test of their ability to withstand economic shocks, showing firms are getting the hang of the once-dreaded reviews -- a trend that may continue if the…

$500,000 Surprise: Health Care Sticker Shock Awaits You in ...

One of the hardest expenses to plan for in retirement could be the biggest: health care. It will pay to err on the high side. U.S. retiree health-care ...

How Republican Medicaid Caps Could Hurt Millions

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Republicans who wrote a health care bill behind closed doors call it a repeal of Obamacare. But the legislation could fundamentally transform another federal health program that provides coverage to far more Americans than the insurance…

Weakness Persists in Europe Stocks; Gold, Yen Rise: Markets Wrap

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Stocks across Europe were headed for a third day of losses as the slump in oil prices showed little sign of reversing. Amid a wide risk-off mood, havens were in demand, and the yen gained with precious metals. Energy companies led the…