Most talked about Bloomberg Businessweek stories

Santa Comes Early at Pump as Fuel Falls to Lowest Since 2009

businessweek.com — The average price for regular gasoline at U.S. pumps dropped 24.68 cents in the past two weeks to $2.4713 a gallon, according to Lundberg Survey Inc. The survey covers the period ended Dec. 19 and is based on information obtained at about 2,500 filling stations by the Camarillo, California-based company.
Dec 21, 2014

I just paid $2.19 on the Virginia border RT “@President: US Gasoline Falls to $2.4713 a Gallon in Lundberg Survey. buswk.co/1HlpdYt

Mutual Fund Managers' 2014 Is Another Flop

businessweek.com — The smart money doubted this year. Oops. The company's shares rose 33 percent through Dec. 16-almost five times the Standard & Poor's 500-stock index's 6.7 percent. "It's been a really confusing year," says Kim Forrest, an analyst at Fort Pitt Capital Group in Pittsburgh.

Bloomberg Businessweek 2014 Jealousy List

businessweek.com — Bloomberg Businessweek's writers, editors, and designers, picked their 44 favorite pieces of journalism from other news outlets for our Second Annual Jealousy List.
Dec 20, 2014

ICYMK, fab "jealousy list" fr Bloomberg Bizwk on stories they wish they did in 2014 buff.ly/1GFfhL9 lots of good reading over xmas

Dec 20, 2014

RT @BW: There was a lot of great reporting done in 2014: 44 stories we wish we'd written bloom.bg/1Hgvd4R #JealousyList pic.twitter.com/Gjv1VAazbU

Dec 20, 2014

RT @BW: There was a lot of great reporting done in 2014: 44 stories we wish we'd written bloom.bg/1Hgvd4R #JealousyList pic.twitter.com/Gjv1VAazbU

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Hands-On With the BlackBerry Classic

businessweek.com — BlackBerry's latest phone, the Classic, has the hardy physical keyboard consumers may remember from the company's better days. Also a trackpad and, below the touchscreen, the iconic call and hang-up buttons that evoke Bell's original invention. Yesterday's launch revealed a set of features the device's earliest users will find familiar.
Dec 20, 2014

The new Blackberry classic is either brilliant or a final coda. Have no idea which mobile.businessweek.com/articles/2014-…

Dec 19, 2014

Turns out Blackberry's back in again, huh wish somebody had told me that

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Stylish Pens: Testing a New Crop

Meet the Man Who Plans to Smuggle The Interview into North Korea

businessweek.com — Keeping The Interview out of North Korea may turn out to be harder than keeping it out of American theaters. North Korea's enemy No. 1, defector and activist Park Sang Hak, has been sending Western information - and entertainment - into Pyongyang via 33-foot hydrogen balloons, and he and his financial supporters plan to add The Interview to his subversive care packages as soon as it's available on DVD, according to the Hollywood Reporter .
Dec 21, 2014

RT @BW: Meet the man who plans to smuggle 'The Interview' into North Korea... by balloon bloom.bg/1zLotdz pic.twitter.com/py66q4BJuP

Dec 21, 2014

RT @business: Meet the man who plans to smuggle 'The Interview' into North Korea... by balloon bloom.bg/1vbM2Io pic.twitter.com/G43o7RNsLP

Dec 21, 2014

RT @business: Meet the man who plans to smuggle 'The Interview' into North Korea... by balloon bloom.bg/1vbM2Io pic.twitter.com/G43o7RNsLP

Dec 20, 2014

Truly, we live in wonderful times: Activist to bombard North Korea w/ DVDs of The Interview via hydrogen balloons buswk.co/13Nb7mu

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Nigerian Forces Battle Islamists in Northeast Town, Killing 35

businessweek.com — At least 35 Nigerian Islamist insurgents were killed in a battle yesterday with security forces in the northeast town of Damboa. "The Boko Haram attacks on Damboa began before Friday prayers and most of them died from the gun battle," Haruna Ibrahim, a member of a vigilante militia, which fights alongside the military, said by phone today.
Dec 20, 2014

#Nigeria forces battle suspected #BokoHaram militants in northeast Damboa, killing 35 -- Damagun also raided buswk.co/1sSg2Or

Providence Said to Be in Talks to Buy Events Organizer Clarion

businessweek.com — Providence Equity Partners is in talks to buy Clarion Events, organizer of the London International Horse Show, for about 250 million pounds ($391 million), people with knowledge of the matter said. Private-equity peers and Charterhouse Capital Partners were interested but are no longer bidding, said three people, who asked not to be identified because they weren't authorized to speak publicly.
Dec 20, 2014

Providence Said to Be in Talks to Buy Events Organizer Clarion - Businessweek via @BW buswk.co/1v8Goqm

East of Ebola, West of Oil Is Ivory Coast Refuge: Africa Credit

businessweek.com — With countries to the west battling Ebola and nations to the east facing plunging oil prices, Ivory Coast is weathering the West African storm. The world's biggest cocoa producer is shaking off more than a decade of political instability with economic growth above the sub-Saharan African average before elections next year, the first since a Eurobond default four years ago.
Dec 20, 2014

West Africa Story of the Week: East of Ebola, West of Oil Is Ivory Coast Refuge: Africa Credit buswk.co/1v3GiQR

Facebook’s Popularity Among Teens Dips Again

businessweek.com — is getting less and less cool, at least among teens. A report today by Frank N. Magid Associates Inc. found that the portion of 13- to 17-year-old social-media users in the U.S. on Facebook slipped to 88 percent this year from 94 percent in 2013 and 95 percent in 2012.
Dec 19, 2014

Less cool - Facebook’s Popularity Among Teens Dips Again, 88% from 94% last year mobile.businessweek.com/news/2014-12-1…

Dec 18, 2014

RT @sarahfrier: Remember when everyone was freaking out about whether teens thought Facebook was cool? Yeah they're still worried. buswk.co/1wR0f0p

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Cuba at a Crossroads

images.businessweek.com — With Fidel Castro in the hospital, Cuba seems poised for change. But don't tell that to the Cubans. Life in Havana and elsewhere in the country has changed little during his rule. Cuba appears frozen in time

For Uber, Following Driver-Screening Rules May Make Sense

businessweek.com — As Uber struggles to address complaints in dozens of the more than 250 cities where it operates, one of the company's biggest problems is its screening process for drivers. On Dec. 8, India's home ministry advised the country's states to ban unregistered car-service apps after an Uber passenger in Delhi accused her driver of rape.

Thawed Cuba-U.S. Relations Could Open Up Travel

businessweek.com — For Americans seeking sand and sunshine, this week's announcement of normalized diplomatic relations between the U.S. and Cuba offered the future prospect of an enticing new travel destination. And for the U.S. travel industry, the policy--though it doesn't fully open tourism to Cuba--has provided an exciting jolt of new possibilities.

Fed Grants Volcker Reprieve in Banks' Second Big Win This Month

businessweek.com — Banks got a reprieve from the Volcker Rule that will let them hold onto billions of dollars in private-equity investments for at least two more years. The Federal Reserve granted the delay today after banks said selling the stakes quickly might force them to accept discount prices. Goldman Sachs Group Inc.
Dec 19, 2014

RT @skomarow: Fed Grants Volcker Reprieve in Banks' Second Big Win This Month buswk.co/13EfOio via @BW

Dec 19, 2014

RT @sabrush: Fed Grants Volcker Reprieve in Banks' Second Big Win This Month buswk.co/13EfOio

Dec 19, 2014

Fed Grants Volcker Reprieve in Banks' Second Big Win This Month buswk.co/13EfOio

Saving the Sage Grouse: Environmentalists Push Market Solutions

businessweek.com — A century ago, millions of the puffy-chested birds known as greater sage grouse lived across the western U.S. The incursion of cattle ranchers, developers, and oil drillers into brush-covered mountain areas decimated the population, which today numbers no more than 500,000 birds and may be less than half that.
Dec 19, 2014

RT @BW: Is the greater sage grouse destined to become the next spotted owl?buswk.co/13I2g5t pic.twitter.com/rhYmv9gybQ

Dec 19, 2014

A tastier version of the sage grouse `cap and trade' story, thanks to @allisont_dc and @BW (Check out the recipe!) businessweek.com/articles/2014-…

Black Twitter Persuades Advertisers to Boycott VH1's Terrible New Reality Show

businessweek.com — On Monday, VH1 launched its newest reality TV show, Sorority Sisters, a chronicle of the lives of nine black sorority sisters.Within less than four days, Black Twitter judged the show so offensive that it mounted a boycott on Twitter-and advertisers are listening.

Williams Says ‘Patient’ Is Bridge to Normalizing Fed Policy

businessweek.com — Federal Reserve Bank of San Francisco President John Williams said the Fed's use of the word "patient" to describe its stance on monetary policy represents a "bridge" toward a period of rising interest rates. The shift "was a natural progression as we begin moving closer to normalizing monetary policy," Williams said today in an interview on Bloomberg Radio with Kathleen Hays and Vonnie Quinn.
Dec 19, 2014

SF Fed’s Williams says “patient” is a “bridge” toward a period of rising interest rates. buswk.co/1sPbic9

Dec 19, 2014

Why the Fed replaced "considerable time" with "patient," as told by @SFFedReserve's Williams buswk.co/13Jljwi pic.twitter.com/VRrazgsJll

First Corporate Inversion Invented by Liberal Tax Lawyer

businessweek.com — The only operetta ever written about Subpart F of the Internal Revenue Code made its debut on a rainy Sunday evening in May 1990, in a Fifth Avenue apartment overlooking Central Park. In bow ties and spring blazers, partners of the law firm of Davis Polk & Wardwell dined on lobster prepared by a Milanese chef.
Dec 19, 2014

"The only operetta ever written about Subpart F of the IRS Code" @zachmider 's amazing musical history of inversions buswk.co/1wKLHAL

Dec 18, 2014

“The only operetta ever written about Subpart F of the Internal Revenue Code.” Fantastic story businessweek.com/articles/2014-…

Dec 18, 2014

It's a 13-minute operetta on tax avoidance. Gilbert & Sullivan meets Ernst & Young, says @zachmider. With video: buswk.co/1C44Xwl

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Jamie Dimon Helps Win Dodd-Frank Fight for Wall Street

businessweek.com — Years of coaxing, donating, explaining, and complaining hadn't helped the big banks reverse a rule that would restrict derivatives trading. This month, the $1.1 trillion spending bill the U.S. Congress had to pass to keep the government open offered another chance. That's when Jamie Dimon, chief executive officer of , stepped up to the plate.
Dec 19, 2014

It's sand in my eye, not a tear @maxabelson businessweek.com/printer/articl… Dimon says Wall Street not greedy fighters "we're more like lovers"

Dec 19, 2014

Jamie Dimon -- after fines, illness and vast capital hole -- still has that golden DC touch. My new @BW story! buswk.co/1GwFdbv