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Bloomberg

History's Not on the Market's Side in a Trade War – Bloomberg
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Bloomberg History's Not on the Market's Side in a Trade WarBloombergThe first shots of a global trade war were fired on Friday as U.S. President Donald Trump announced a 25 percent levy on $50 billion of imports from China. The tariffs focus on “industrially significant technology,” and intend to hurt China for alleged …Why the […]

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Woman Hurt by Thrown Shopping Cart Wins $45 Million Verdict – Bloomberg
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Vancouver Sun Woman Hurt by Thrown Shopping Cart Wins $45 Million VerdictBloombergNew York (AP) — A jury has awarded $45 million to a Manhattan philanthropist who was nearly killed by a shopping cart thrown from a parking garage in 2011. Marion Hedges was emotional as the verdict was announced Friday. The 53-year-old said it was …Nearly […]

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Happy Anniversary, Amazon-Whole Foods. What's Changed? – Bloomberg
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Bloomberg Happy Anniversary, Amazon-Whole Foods. What's Changed?BloombergThe grocery chain is basically the same. Look to rivals to see the big difference. by. Sarah Halzack. @sarahhalzack More stories by Sarah Halzack. June 11, 2018, 7:16 AM EDT. Disruption in Aisle 1. Photographer: Daniel Acker/Bloomberg. One year ago …Amazon's Prime discount at Whole Foods is coming to […]

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There Aren't Many Female Executives. The Airline Industry Has Even Fewer – Bloomberg
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Bloomberg There Aren't Many Female Executives. The Airline Industry Has Even FewerBloombergGlobal airline chiefs gathering in Sydney this week are mapping out the future of an industry that transports a big chunk of the world's population. Good luck finding a woman among them. It's hard to describe the International Air Transport Association …Global airlines slash […]

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This Is What an Oil Shock Looks Like – Bloomberg
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Bloomberg This Is What an Oil Shock Looks LikeBloombergIf it looks like a duck, swims like a duck, and quacks like a duck, it's probably a duck. And right now, this duck is looking a lot like an oil shock: In Brazil, a strike by truckers protesting the price of fuel brought the economy to […]

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Italian Bond Rout Driven by Liquidity Vacuum as Buyers Vanish – Bloomberg
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Bloomberg Italian Bond Rout Driven by Liquidity Vacuum as Buyers VanishBloombergThe free-fall in Italy's debt Tuesday underscored that even one of Europe's biggest debt markets is subject to the traders' adage that liquidity often dries up just when you need it most. The country is struggling to form a government more than two …Asian stocks […]

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Saudi-Russia Oil Policy Shift Sets Stage for Tense OPEC Meeting – Bloomberg
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Bloomberg Saudi-Russia Oil Policy Shift Sets Stage for Tense OPEC MeetingBloombergWhen Saudi Arabia and Russia announced a new policy to revive oil production last week, one thing was missing: most of the other partners in their grand coalition. With oil supplies tightening and prices soaring, the two countries agreed to restore …OPEC, Russia prepared to […]

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Charges of Google's 'Illegal' Search Get Prime-Time TV Treatment – Bloomberg
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Bloomberg Charges of Google's 'Illegal' Search Get Prime-Time TV TreatmentBloombergA “60 Minutes” segment devoted to assertions that Alphabet Inc.'s Google wields a destructive monopoly in online search hammered home the notion of the company's dominance during a time of heightened public concern with technology giants, while not …and more »

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Tesla Shareholders Urged to Separate Chairman's Role From Musk – Bloomberg
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Bloomberg Tesla Shareholders Urged to Separate Chairman's Role From MuskBloombergThe largest proxy advisory firm is recommending that investors reject two of Tesla Inc.'s board members, while also supporting a proposal to split the role of chairman and chief executive officer — jobs now held by Elon Musk, the public face of the …ISS sides against […]

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Nestle Pays $7.2 Billion to Sell Coffee With Starbucks Brand – Bloomberg
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Bloomberg Nestle Pays $7.2 Billion to Sell Coffee With Starbucks BrandBloombergThe Swiss maker of Nescafe will pay the Seattle-based chain $7.15 billion upfront in cash for the rights to sell Starbucks coffee products in supermarkets, restaurants and catering operations, the companies said Monday. Nestle will use the Starbucks …European shares buoyed by Nestle, updates; turmoil […]

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Xiaomi Shows Off Scorching Growth Ahead of $10 Billion IPO – Bloomberg
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Bloomberg Xiaomi Shows Off Scorching Growth Ahead of $10 Billion IPOBloombergXiaomi Corp., going for wow-factor ahead of what could be the largest initial public offering since 2014, has revealed a blistering pace of growth that'll help it take on Apple and Samsung in global smartphones. The Chinese smartphone maker filed for …China's Xiaomi files for […]

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