Elon Musk keeps biting off more than he can chew at Tesla. Investors should be looking for some sign that his ambitions are becoming more realistic and practical. …read more […]
Apr.29 — The Heritage Foundation’s Peter Brookes weighs in on the improving relations between South and North Korea. He speaks on “Bloomberg Markets.” …read more […]
Facebook is clearly the company most affected by the Cambridge Analytica data …read more […]
Philippine President Rodrigo Duterte said Sunday that a ban on Filipino workers from heading to Kuwait that’s been in effect since February would now be permanent, inflaming a dispute sparked by complaints of the abuse of Filipina housemaids and workers in the Persian Gulf country. Kuwait on Wednesday expelled the Philippine ambassador and recalled its own envoy from Manila over the dispute. The highly unusual move came as a surprise in Kuwait, a typically sedate and oil-rich nation that has been both a long target of Duterte’s criticism and heavily reliant on Filipina nannies and maids. …read more […]
Bargain hunters should look closely at these exchange-traded funds. …read more […]
Apr.29 — Charles Kupchan, Council on Foreign Relations senior fellow, discusses trade war issues after U.S. President Donald Trump’s recent meeting with French President Emmanuel Macron and German Chancellor Angela Merkel. Kupchan speaks with Bloomberg’s Paul Allen on “Bloomberg Daybreak: Australia.” …read more […]
When Hong Kong unveiled plans last year to encourage biotech companies to list in the city by loosening listing rules, the financial industry and investors cheered. Hong Kong was an obvious financing center for a growing number of Chinese companies developing new drugs. …read more […]
A group of Central Americans who journeyed in a caravan to the U.S. border resolved to turn themselves in and ask for asylum Sunday in a direct challenge to the Trump administration — only to have U.S. … …read more […]
The jobs report and earnings out of Apple will be highlights in the week ahead for investors, which follows up the busiest week of earnings this quarter. …read more […]
Apr.29 — Vietnam Airlines Corp. is looking to start a dedicated cargo unit as companies, such as Samsung, set up manufacturing facilities providing an air freight opportunity for the national carrier. Vietnam Airlines Chief Executive Officer Duong Tri Thanh spoke to Juliette Saly in Singapore. …read more […]
Gone are the days of drill, baby, drill. …read more […]
The agreement capped four years of on-and-off talks between the third and fourth largest U.S. wireless carriers, setting the stage for the creation of a company with 127 million customers that will be a more formidable competitor to the top two wireless players, Verizon Communications Inc and AT&T Inc. U.S. regulators, who have challenged in court AT&T’s $85 billion deal to buy U.S. media company Time Warner Inc, are expected to grill Sprint and T-Mobile on how they will price their combined wireless offerings. …read more […]
The reviews are in: President Donald Trump is giving a thumbs-down to the comedian who roasted his chief spokeswoman at the annual White House Correspondents’ Association dinner. Comedian Michelle Wolf is known as a contributor on Comedy Central’s “The Daily Show With Trevor Noah.” But some of her jokes drew gasps and groans. A series of barbs about White House press secretary Sarah Huckabee Sanders, as Sanders sat just feet away, seemed to spark the most outrage. …read more […]
British and European steel makers are bracing for a fresh crisis in the industry unless the US backs down from its protectionist stance and extends an exemption on import tariffs. The US granted temporary relief to European producers from 25pc tariffs on steel and 10pc levies on aluminium as Donald Trump, the US president, introduced the measure in a move widely seen as targeting imports from China. However, the exemption runs out on Tuesday. Wilbur Ross, the US commerce Secretary, said over the weekend that administration planned to extend the relief to some countries, but not all, and refused to …read more […]
Netflix sure has a knack for timing — while Michelle Wolf was busy running …read more […]
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