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Most Talked About Bloomberg BusinessWeek Stories

TechShop: Paradise for Tinkerers

businessweek.com — On March 5, 2010, Patrick Buckley was overcome with the desire to build something. Apple had just announced the iPad, and he had an idea: a retro case for the tablet that had the look and feel of a hard-bound book.
Ashlee Vance Technology Writer, Bloomberg BusinessWeek @valleyhack
2,000 military veterans to get TechShop memberships. Defense Deparment has a #maker moment http://t.co/cCCwcEN5
Brad Stone Technology Writer, Bloomberg BusinessWeek @BradStone
check out the @valleyhack with a feature on TechShop, paradise for gearheads: http://t.co/jJ3MLeIy via @BW
Jim Aley Technology Editor, Bloomberg News @jimaley
TechShop: Tinkerer's Paradise ... the latest from @ValleyHack http://t.co/33baLnIU @BW
Ashlee Vance Technology Writer, Bloomberg BusinessWeek @valleyhack
Oh, yeah, DARPA to have top secret workers at TechShop, creating reconfigurable factories. Cause, you know, why note http://t.co/cCCwcEN5

Private Student Loans Are Becoming More Competitive

businessweek.com — Private student lenders are stepping up their game to compete directly with government loans. For several years, private lenders offered mostly variable-rate loans that students used as gap funding to cover their needs above what they could get on government loans.
Marian Wang Reporter, ProPublica @mariancw
RT @KYWeise: My post on how new fixed-rate student loans are making private lenders more competitive w/ govt loans http://t.co/p6DIeV36
Karen Weise Reporter, Bloomberg BusinessWeek @KYWeise
Here's my post on how new fixed-rate student loans are making private lenders more competitive w/ govt loans http://t.co/qFV3fu4e

Rocket Man: Should Elon Musk Doubters Think Again?

businessweek.com — Elon Musk leads a life worthy of Dos Equis's "Most Interesting Man in the World" ad campaign. His tweets are about rockets he just launched. Action heroes model themselves on him. His warm-up was founding PayPal. Stanford held his interest for two days. His other job is reinventing the car.
Jim Aley Technology Editor, Bloomberg News @jimaley
Rocket Man: Should Elon Musk Doubters Think Again? http://t.co/IgrZKCKl via @BW
Brad Wieners Executive Editor, Features, Bloomberg BusinessWeek @BradWieners
One CEO went to market, one shot the moon. Any wonder Silicon Valley is begrudgingly admiring Musk? http://t.co/yk1q2KwI

CME, ICE Clearinghouses Designated Systemic by U.S. Regulators

businessweek.com — Derivatives clearinghouses owned by CME Group Inc. (CME) (CME) and Intercontinental Exchange Inc. have been designated systemically important by U.S. regulators, a step that moves them closer to heightened supervision. ICE Clear Credit, the world's largest credit-default swap clearinghouse, and CME Inc., the clearinghouse owned by the world's largest futures exchange, received the designation from the Financial Stability Oversight Council.
Silla Brush Financial Regulation Reporter, Bloomberg News @sabrush
CME, ICE, DTCC Clearinghouses Receive Proposed FSOC Designations as Systemically important http://t.co/0dmlHeZJ w/ @cheyhopkins and @iankatz

An App to Publicly Humiliate 'Parking Douches'

businessweek.com — Russia has a lot of problems, what with its recent wave of political unrest, newly reinstated President Vladimir Putin's crack down on protestors, and, of course, its unforgiving winter. According to Russian online newspaper The Village, the country also suffers from an inordinate number of what it
Claire Suddath Reporter, Bloomberg BusinessWeek @clairesuddath
Are you a terrible parker? If so, this Russian newspaper wants to humiliate you. http://t.co/jxDVV0kX via @BW

It's Official: Google Is Now a Hardware Company

businessweek.com — Last August, Google Chief Executive Officer Larry Page fulfilled a pledge made to one of his senior executives, a square-jawed former attorney named Dennis Woodside. Apple CEO Tim Cook had been trying to poach Woodside to make him Apple's head of sales, but Google had convinced Woodside to stay, in
Lucy P. Marcus Columnist, Reuters @lucymarcus
It's Official: Google Is Now a Hardware Company with a relationship with Motorola, Businessweek http://t.co/Bla1LDyW #tech #mobile
Michael Krigsman Blogger, ZDNet @mkrigsman
It's Official: Google Is Now a Hardware Company http://t.co/eU2Q7dKb << great BusinessWeek article
Peter Burrows Technology Reporter, Bloomberg BusinessWeek @pburrows
Our story on Motogoog. Turns out Google's serious about hardware; it's even building a DARPA-style R&D lab. http://t.co/TMpKXLZC
Aaron Pressman Reporter, Reuters @ampressman
Apple tried to hire away Google's new Motorola CEO Dennis Woodside as head of sales - Businessweek http://t.co/TxNj0e2e
Brian Proffitt Freelance Journalist @TheTechScribe
It's Official: Google Is Now a Hardware Company http://t.co/jmT9zaEv <- Bringing Motorola into the fold.
Show 7 more tweets from Robin Wauters, Barbara Krasnoff, Brad Wieners, Seth Fiegerman, Brad Stone, Jim Aley, Josh Tyrangiel

TechShop: Paradise for Tinkerers

businessweek.com — On March 5, 2010, Patrick Buckley was overcome with the desire to build something. Apple had just announced the iPad, and he had an idea: a retro case for the tablet that had the look and feel of a hard-bound book.
Ashlee Vance Technology Writer, Bloomberg BusinessWeek @valleyhack
Scooper. Defense Department to fund two new TechShops with $3.5 million. 2,000 veterans to get memberships too http://t.co/joGemSro

Odd Jobs: This Clown Will Make You Pregnant

businessweek.com — Tel Aviv native Nimrod Eisenberg had no intention of following in his parents' footsteps and becoming a doctor. Although his childhood was spent mostly in hospitals-his mother is a midwife and his father a physician-he had career ambitions outside the medical field. So when he was just seventeen
Claire Suddath Reporter, Bloomberg BusinessWeek @clairesuddath
(I didn't write this story but I did come up with the headline): "This Clown Will Make You Pregnant" http://t.co/7RHy4iaj via @BW

Unemployed Burn as Fed Fiddles in Rate Debate

businessweek.com — Federal Reserve officials and economic advisers are debating far-reaching differences on whether to accept a jobless rate that doesn't fall much below 6.5 percent or act more aggressively to reduce it to 5 percent or less. David Horowitz says he's "not enough of an economist" to know who's right.
Zeke Miller Politics Reporter, BuzzFeed @ZekeJMiller
RT @BCAppelbaum: Quite a headline from Bloomberg: "Unemployed Burn as Fed Fiddles in Rate Debate" http://t.co/JVMkTs3A

Argentina's long economic boom coming to an end

businessweek.com — Argentina's nine-year economic expansion is slowing sharply, according to analysts, who predict growth of 2.5 percent to 3 percent this year, half the 5.1 percent projected by the government's 2012 budget and far below last year's 8.9 percent rise.
Pedro Rafael Rosado New York Times Radio Editor, New York Times @prrosado
RT @UnivisionNews: Argentina's long economic boom coming to an end http://t.co/EeAgzDOx

Florida Outperforms as Hurricane Forecast Improves: Muni Credit

businessweek.com — With the Atlantic hurricane season days away, bonds of Florida's largest real-estate insurer are rallying the most in nine months as forecasters assess a below- average chance the state will be hit by a major storm. Buyers are demanding the smallest yield penalty since August on tax-exempt debt from state-owned Citizens Property Insurance Corp.
Jennifer DePaul Reporter, The Bond Buyer @BondBuyerJen
Florida Outperforms as Hurricane Forecast Improves: Muni Credit http://t.co/Fj7RBORE via @BW

A Hopeful Turn in the Chevron-Ecuador Fight

businessweek.com — For 19 years, lawyers representing residents of the rainforest in eastern Ecuador have fought in U.S. and Ecuadorean courts to try to force the American oil industry to clean up contamination from drilling and production in the Amazon jungle. In the 1990s, the target was Texaco; more recently it has
Bradley Olson Energy Reporter, Bloomberg News @bradnews
A Hopeful Turn in the Chevron-Ecuador Fight http://t.co/jwSSsNgz via @BW

Republican 'War on Coal' Claims Fight Market Reality

businessweek.com — Republicans are pushing hard to stir up anger over the Obama administration's so-called war on coal. When Vice President Joseph Biden was campaigning in Ohio last week, Republicans shot out e-mail blasts and Web videos reminding voters that Biden had once said coal-driven air pollution was more
Bradley Olson Energy Reporter, Bloomberg News @bradnews
Republican 'War on Coal' Claims Fight Market Reality http://t.co/ZAuRltsm via @BW

Sunrun Raises $60 Million to Boost Solar Installations

businessweek.com — Sunrun Inc. has a message for homeowners who are contemplating going solar: It's cheaper and easier than you think. The provider of residential solar-power systems said today that it raised $60 million in funding, led by Madrone Capital Partners LP, to invest in software development that can make projects more efficient and less costly.
Ari Levy Technology Reporter, Bloomberg News @levynews
Sunrun Raises $60 Million to Boost Solar Installations - Businessweek via @BW http://t.co/JmDFcf3P

MF Global's Collapse Has Ranchers Steamed

businessweek.com — They complain that CME's $100 million fund won't protect them when the next commodities broker collapses By Elizabeth Campbell Texas rancher Pete Bonds thinks the CME's protection fund is too small Photograph by Brandie Blodgett Pete Bonds, a 59-year-old Texas rancher, doffed his cowboy hat and stepped to the microphone.
Sam Gustin Reporter, Time Magazine @samgustin
Little-focused on angle of #mfglobal. Farmers and ranchers have $100 million among missing $1.6 billion. http://t.co/lAf2Sd9s

Japan reports $6.5 billion April trade deficit

businessweek.com — Japan is racking up a giant trade deficit as oil and gas imports surge after the nuclear crisis.
Hiroko Tabuchi Economics and Business Reporter, Tokyo, New York Times @HirokoTabuchi
#Japan racking up giant trade deficit as oil/gas imports surge http://t.co/ppGQKJUV

Romney Wins Arkansas, Kentucky Republican Primaries, AP Says

businessweek.com — Presumptive Republican presidential nominee Mitt Romney won the Arkansas primary, according to the Associated Press, following his victory earlier tonight in Kentucky. An AP tally partially reflecting the day's results gives Romney 1,024 delegates of the 1,144 needed to win the nomination at the Republican National Convention Aug. 27-30 in Tampa, Florida.
Jeffrey Feldman Freelance Journalist and Blogger @JeffreyFeldman
AP calls it for Romney in AK, KY... http://t.co/J8SG2e4c #whocares #notme

The Democrats' Private Equity Problem

businessweek.com — In recent weeks, it's become clear that President Obama's reelection campaign is going to focus heavily on attacking Mitt Romney's career at Bain Capital. That's a problem for Romney. It's a problem, too, for the private equity industry, as I wrote in the current issue of Bloomberg Businessweek. But
Peter Beinart Senior Political Writer, Daily Beast @PeterBeinart
RT @JoshuaGreen: Dems' private-equity problem: 165 Bain employees gave total of $139,188 to Obama in '08: http://t.co/ejHR8lLF
Joshua Green National Correspondent, Bloomberg BusinessWeek @JoshuaGreen
Dems' private-equity problem: 165 Bain employees gave total of $139,188 to Obama in '08: http://t.co/ejHR8lLF

It's Official: Google Is Now a Hardware Company

businessweek.com — Last August, Google (GOOG) Chief Executive Officer Larry Page fulfilled a pledge made to one of his senior executives, a square-jawed former attorney named Dennis Woodside.
Aaron Pressman Reporter, Reuters @ampressman
“They could end up like Microsoft,” says Zander. “Just milking the cow.” http://t.co/pCGbBkJm $GOOG

Kit Planes Found to Crash, Kill More Than Factory Craft

businessweek.com — Private planes assembled from kits have been involved in more crashes and deaths than other small aircraft because pilots are often ill-prepared to fly them, a U.S. safety study found. Planes like those that Micron Technology Inc.
Tara Lachapelle Mergers and Acquisitions Columnist, Bloomberg News @taralach
Kit Planes Found to Crash, Kill More Than Factory Craft http://t.co/Ms2wphl9 via @BW

DTCC Plans Study on Faster Settlement for U.S. Securities

businessweek.com — The Depository Trust & Clearing Corp. is commissioning a study on whether the U.S. securities industry should cut the time it takes to process transactions, a shift that may reduce risk and compel brokers and asset managers to spend more on further updating their systems. The New York-based company that handles and guarantees trades in U.S.
Nina Mehta U.S. Exchange Reporter, Bloomberg News @ninamehta212
This is about DTCC's planned study to examine a shorter than T+3 settlement cycle for US securities: http://t.co/5qu83AGm

Boomers and Millennials: Who's Got It Worse in the Workplace?

businessweek.com — It's the fight of a generation. In this corner, weighing in at 42.5 million people, with a 12.3 percent unemployment rate and $294 billion of combined student loan debt, wearing skinny jeans and headphones: 20 to 29-year-olds. And in this corner, tipping the scale at 36.9 million people, with an
Lauren McCullough Senior Editor, Breaking News @lfmccullough
Great read. RT @BW: Boomers or Millennials: Who's got it worse in the workplace? | http://t.co/9foGsHU8
Jared Keller Associate Editor, The Atlantic @jaredbkeller
"A 24-year-old is more likely to compete with a peer for a job than with a 60-year-old" http://t.co/ETpfADZG

JPMorgan Among Banks Sued For $1.8 Billion Over Mortgages

businessweek.com — JPMorgan Chase & Co. (JPM) (Goldman Sachs Group Inc. (GS) (JPM) and GS) are among the banks that were sued in New York for $1.8 billion over the sale of mortgage-backed securities. The banks made misrepresentations about the loans backing the securities, according to a summons filed today in New York State Supreme Court.
John Carney Senior Editor, CNBC @carney
A quick reminder that we're still dealing with putback lawsuits also. http://t.co/jm4K8UGp

JPMorgan Hires Ex-SEC Enforcer McLucas

businessweek.com — JPMorgan Chase & Co. (JPM) (JPM), the biggest U.S. bank, has hired former U.S. Securities and Exchange Commission enforcement chief William McLucas to help respond to regulatory probes of the firm's $2 billion trading loss, according to two people with knowledge of the assignment.
Silla Brush Financial Regulation Reporter, Bloomberg News @sabrush
JPMorgan Hires Ex-SEC Enforcer McLucas http://t.co/R7KUpNfh via @BW

N.J. Revenue May Be $1.3 Billion Short of Christie’s Forecasts

businessweek.com — New Jersey's revenue collections may lag behind Governor Chris Christie's projections by as much as $1.3 billion this fiscal year and next, the Legislature's chief budget analyst said in a memo to lawmakers today. David Rosen of the nonpartisan Office of Legislative Services said in the memo to members of legislative budget committees, obtained by Bloomberg News, that he will provide details of his forecast tomorrow.
Terrence Dopp Reporter, State Politics and Finance, Bloomberg News @tdopp
N.J. Revenue May Be $1.3 Billion Short of Christie’s Forecasts http://t.co/RHvdWJiX via @BW

Alabama Lawmakers’ Inaction Merits Downgrade, Fabian Says

businessweek.com — The Alabama Legislature's failure to pass a measure to assist bankrupt Jefferson County means the state's credit rating should be cut, said Matt Fabian, a managing director of Municipal Market Advisors. Lawmakers' inaction shows "a culture of unwillingness to pay," Fabian said today in a telephone interview.
George Talbot Political Editor, Press-Register @georgetalbot
Alabama lawmakers' inaction on bankrupt JeffCo means the state’s credit rating should be cut, acc to analyst: http://t.co/SZVa20xz

Strangfeld Affirms ROE Target, Says ‘We Intend to Achieve It’

businessweek.com — Prudential Financial Inc., the second-largest U.S. life insurer, affirmed its plan to boost return on equity to 13 percent from about 11 percent last year. "The 13 percent is no longer an aspiration, it's now a goal, a very specific goal for 2013."
Zachary Tracer Reporter, Bloomberg News @ZTracer
Prudential says it intends to achieve ROE target http://t.co/mTKhc6lK via @BW $PRU

Why GM And Others Fail With Facebook Ads

businessweek.com — Facebook got a black eye last week when General Motors announced it would cease advertising on the platform, yanking $10 million in annual ad spending away from Mark Zuckerberg just days before the company's IPO. The move caused some to wonder if Facebook's business model is flawed. After all, the
Tara Lachapelle Mergers and Acquisitions Columnist, Bloomberg News @taralach
Why GM And Others Fail With Facebook Ads http://t.co/EtuQCBIH via @BW

Mitt Romney's Private Equity Nightmare

businessweek.com — The Randy Johnson-Ampad video has landed, and that could be bad news for Mitt Romney. Back in February, we profiled Johnson and gave Bloomberg Businessweek readers a heads-up that he would star in an Obama campaign assault on Romney's past as a private equity mogul and the Republican's claims that his years at Bain Capital were devoted to job creation.
Josh Friedman U.S. Investing Editor, Bloomberg News @journalistjosh
RT @BW: Mitt Romney's private equity nightmare | http://t.co/XsQWM4v7

Michael Moritz to Step Back at Sequoia Capital

businessweek.com — Michael Moritz, the prominent Silicon Valley investor who has backed companies such as Google (GOOG), LinkedIn, PayPal, and , is stepping back from some of his responsibilities at his firm, Sequoia Capital, and has disclosed to the firm's investors that he has a rare medical condition.
Mark Milian Technology Reporter, Bloomberg News @markmilian
RT @BradStone: Michael Moritz discloses illness, steps back at Sequoia Capital http://t.co/5fxrG2dG via @BW
Gerry Shih Technology Reporter, Reuters @gerryshih
Mike Moritz diagnosed with rare medical condition, to step back from Sequoia Cap http://t.co/64dZWBpy
Erick Schonfeld Blogger @erickschonfeld
RT @BradStone: Moritz not going anywhere, btw. Just relinquishing some management duties to focus on investments. http://t.co/5fxrG2dG
Josh Tyrangiel Editor, Bloomberg BusinessWeek @Tyrangiel
Breaking: Michael Moritz has rare medical condition, will step back at Sequoia http://t.co/3si8R2Rm via @BW
Brad Wieners Executive Editor, Features, Bloomberg BusinessWeek @BradWieners
Michael Moritz to Step Back at Sequoia Capital http://t.co/fx13BLHb via @BW
Show 7 more tweets from Brad Stone, Sarah Rabil, Robin Wauters, Scott Austin, Sarah Rabil, Jim Aley, Brad Stone

Page: Facebook Holding User Data 'Hostage'

businessweek.com — May 22 (Bloomberg) -- Google Co-Founder and CEO Larry Page sits down with Charlie Rose to discuss the future of search and how the search giant reckons with the possibilities of Facebook as a search competitor. Video courtesy Charlie Rose.
Jon Erlichman TV Reporter, Bloomberg News @JonErlichman
If u haven't watched Larry Page talk about Facebook holding user data "hostage," check it out here... http://t.co/ylnh7iC9

Blame Gingrich, Lunatics for D.C.’s Poisonous Atmosphere: Books

businessweek.com — Thomas E. Mann and Norman J. Ornstein, who together have about 70 years of Washington punditry on their resumes, make a bold gambit in their latest book. They drop any pretense that both sides are equally at fault in the current impasse in American politics.
Jeffrey Feldman Freelance Journalist and Blogger @JeffreyFeldman
"In addition to indicting the Republican Party, the authors name names, particularly one: Newt Gingrich." http://t.co/HZgrWxv7

It's Official: Google Is Now a Hardware Company

mobile.businessweek.com — It's Official: Google Is Now a Hardware Company By Brad Stone, Peter Burrows May 22, 2012 8:01 AM EDT Last August, Google Chief Executive Officer Larry Page fulfilled a pledge made to one of his senior executives, a square-jawed former attorney named Dennis Woodside.
Emily Chang Anchor, Bloomberg West, Bloomberg News @emilychangtv
It's official: Google is now a hardware company. @BradStone on plans for Motorola Mobility http://t.co/1czIrB8T

U.K. Proposes Energy Overhaul to Lure Spending on Nuclear, Wind

businessweek.com — The British government proposed an overhaul of the country's electricity market in a bid to lure the 110 billion pounds ($174 billion) of investment needed to replace aging power plants and expand renewable energy.
Bradley Olson Energy Reporter, Bloomberg News @bradnews
U.K. Proposes Energy Overhaul to Lure Spending on Nuclear, Wind http://t.co/wGvhLSjD via @BW

Shale Glut Means $1-a-Gallon Savings at the Pump

businessweek.com — Chad Porter wants to run his 18- wheeler trucks on frozen natural gas along a highway that crosses Canada's Rocky mountains even before the world's longest chain of refueling stations gets built to keep them fueled. The chief operating officer of oil services company Ferus Inc.
Bradley Olson Energy Reporter, Bloomberg News @bradnews
Shale Glut Means $1-a-Gallon Savings at the Pump http://t.co/gGfkKPB0 via @BW

Chinese Lash Out at Foreigners Amid Turmoil

businessweek.com — A wave of anti-foreigner sentiment is washing over China. On May 15, the Beijing public security bureau launched a 100-day crackdown on illegal foreigners in China that will extend through August. The campaign will clean out the "three illegals," the Beijing public security bureau announced on its
Flavia Jackson U.N. Corresponent, Bloomberg News @flaviajackson
Chinese Lash Out at Foreigners Amid Turmoil http://t.co/RPIJbE9t via @BW
Stan Yee Asia Editor and Producer, Bloomberg.com, Bloomberg News @stanyee
.@niubi: "For [Yang Rui] to say this suggests he feels like what he is saying is supported by the people above him" http://t.co/NnRtUihy
Stan Yee Asia Editor and Producer, Bloomberg.com, Bloomberg News @stanyee
Chinese Lash Out at Foreigners Amid Turmoil http://t.co/NnRtUihy via @BW

SEC Trials Increase 50 Percent as Execs Fight Lawsuits

businessweek.com — The U.S. Securities and Exchange Commission, long known for settling enforcement actions without having to prove its case in court, is struggling to cope with a a surge in the number of executives and companies willing to go to trial to defend themselves.
Silla Brush Financial Regulation Reporter, Bloomberg News @sabrush
SEC Trials Increase 50 Percent as Execs Fight Lawsuits http://t.co/YGu7MUeR via @BW

News Summary: Adjacent airline seats hard to find

businessweek.com — THE PROBLEM: Many families flying this summer won't be able to sit together because airlines are reserving a greater number of seats for passengers willing to pay extra to be near a window, aisle or the front of the plane.
Shannon Mulaire Anchor, Fox 25 Boston @shannonmulaire
I'm an aisle kinda girl-but not sure I want to pay extra for it. Are they gonna start charging for naps on board too? http://t.co/iIN68yBS

Chinese company to buy US movie theater chain AMC

businessweek.com — A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion to create the world's biggest movie theater operator. Dalian Wanda Group Co.'s purchase reflects the global ambitions of a wave of cash-rich Chinese companies that are using acquisitions to speed their expansion by obtaining foreign skills and brand names.
Bonnie Kavoussi Business Reporter, Huffington Post @bkavoussi
AMC is being sold to a Chinese company for $2.6 billion - http://t.co/QB4ByQxT

Iran's Kiarostami goes to Japan for latest film

businessweek.com — Abbas Kiarostami has found inspiration far from home. The Iranian director's films are routinely banned in his home country, whose Islamist government has arrested or barred several younger filmmakers from working. The 72-year-old auteur has responded by looking abroad for inspiration.
Borzou Daragahi Middle East Correspondent, Financial Times @borzou
Unable to beat censors in #Iran, filmmaker Kiarostami goes to Japan for latest film, via @ap http://t.co/2XBzSs8b

Jeeps Sell for $189,750 as China Demand Offsets Tariffs

businessweek.com — The Jeep store in south Beijing near the Timberland and London Fog outlets carries the season's latest offerings of branded shirts, shoes, belts and backpacks. Not for sale here: Jeep sport-utility vehicles. Jeep gear is so popular in China that there are more than 1,500 licensed clothing outlets in the country, where only 120 auto dealers sell the brand.
Ray Kwong Contributing Writer, ChinaTalk, Forbes @raykwong
Seriously. Jeeps Sell for $189,750 in China. (Bloomberg) http://t.co/B4uXwnbq HT @NiuB

Marion Hammer, the NRA's Most Powerful Weapon

businessweek.com — Marion Hammer keeps a replica Charleville musket mounted above the desk in her Tallahassee (Fla.) office. Hanging nearby: a bullet-riddled target, the "First Ever Award for Ass Kicking" given her by a police group, and her concealed weapon permit, License No. 0000001. Hammer is no ordinary gun
Brad Wieners Executive Editor, Features, Bloomberg BusinessWeek @BradWieners
We give you the woman behind the Stand Your Ground law. http://t.co/PtZMpxdT
Michael C. Bender Florida Government and Politics Reporter, Bloomberg News @MichaelCBender
Marion Hammer, the NRA's Most Powerful Weapon - Businessweek http://t.co/dhaCDcRg

Read the Fax Romney Sent to a Laid-Off Worker

businessweek.com — Today, the Obama reelection campaign is going after Mitt Romney for the Bain-led bankruptcy of Ampad, a Marion (Ind.) paper company that Bain acquired in 1994 and that eventually went bankrupt, costing hundreds of workers their jobs. One of those workers was Randy Johnson, who went on to bedevil
Jared Keller Associate Editor, The Atlantic @jaredbkeller
Read the fax Mitt Romney sent to a laid-off worker http://t.co/CPCDpiJk via @BW @joshuagreen
Joshua Green National Correspondent, Bloomberg BusinessWeek @JoshuaGreen
ICYMI, here's the note Romney sent to laid-off Ampad worker, and the @BW cover story it's from: http://t.co/noPvCyg2

First Change to Stop Offshore Blowouts Since BP Weighed by U.S.

businessweek.com — Oil and gas companies drilling in the U.S. Gulf of Mexico may need to pay millions of dollars for improvements to safety valves on the seabed floor they hope never get used. The U.S.
Craig Pittman Environmental Reporter, Tampa Bay Times @craigtimes
First revamp to blowout preventers since 2010 #oilspill finally being considered by feds http://t.co/VcfSoNPz
Jay F. Marks Business Writer, The Oklahoman @OKenergybeat
RT @nrdc_press: First Change to Stop #Offshore Blowouts Since #BP Weighed by U.S.: http://t.co/F3HyZ5TO #oil #deepwater horizon

World’s Tallest Tower Opens in Tokyo

businessweek.com — The Tokyo Skytree, twice as tall as the Eiffel Tower, and its surrounding retail and office complex opens today to an estimated 200,000 visitors. Developer Tobu Railway Co. (9001), which expects the project to draw 32 million visitors in its first year, will hold an opening ceremony at 9:15 a.m.
Flavia Jackson U.N. Corresponent, Bloomberg News @flaviajackson
World’s Tallest Tower Opens in Tokyo http://t.co/lnfjLm8L via @BW edging out that hideous tower in Mecca.

Pa. health care company seeks gas drilling facts

businessweek.com — Some people are absolutely sure gas drilling threatens public health, while others are absolutely sure it doesn't. Geisinger Health Systems is looking for more facts on the debate. "Our concern is getting reliable data so we know what to do for our patients," said David Carey, director of Geisinger's Weis Center for Research in Danville, Pa.
Don Fluckinger Healthcare IT Reporter, TechTarget @DonFluckinger
Geisinger takes on researching health effects of gas drilling...in self-defense? http://t.co/V6L3DsAA
Marc Levy Pennsylvania Politics, Government, and Economy Reporter, Associated Press @timelywriter
Northern #Pa. hospital system has troves of health care data to tap as it eyes health impact of #shalegas drilling: http://t.co/fq5kPeRg

Kelly Sees China Ultimately Admitting Facebook

businessweek.com — Chris Kelly, former chief privacy officer at Facebook Inc., talks about Facebook's initial public offering, the outlook for the company's entrance into the Chinese market and Facebook's privacy policies. Facebook raised $16 billion in the biggest IPO by a technology company in history, pricing the shares at the top end of an increased range.
Peter Delevett Startups and Venture Capital Reporter, San Jose Mercury News @mercwiretap
Kelly Sees China Ultimately Admitting Facebook http://t.co/gkENSsgs

Rangers-Devils Ticket Prices Averaging $474 for Newark’s Game 4

businessweek.com — Secondary-market ticket prices for tonight's game between the New Jersey Devils and New York Rangers have climbed 7 percent since the Rangers grabbed a 2-1 series lead two days ago. The average ticket price for the game at Prudential Center in Newark, New Jersey, is $474, according to TiqIQ, an aggregator of the online resale ticket market.
Dina Bass Technology Reporter, Bloomberg News @dinabass
Rangers-Devils Ticket Prices Averaging $474 for Newark’s Game 4 http://t.co/GtMDwil0

End of Extended Benefits May Lower U.S. Jobless Rate: Economy

businessweek.com — The declining U.S. jobless rate may soon get another push downward as Americans lose extended unemployment benefits. From April 7 through May 12, about 370,000 Americans in 23 states stopped getting the benefits, which provide payments for as long as 99 weeks, according to estimates from the National Employment Law Project.
Arthur Delaney Politics Reporter, Huffington Post @ArthurDelaneyHP
Loss of Extended Benefits could push down the jobless rate a bit http://t.co/TjViiA8w

Zuckerberg’s Fortune Down $2.2 Billion as Facebook Drops

businessweek.com — Mark Zuckerberg's fortune dropped $2.2 billion as shares of Facebook Inc. (FB) (FB), the world's largest social-networking company, fell below the company's $38 offer price in its second day of trading. The shares sank 11.3 percent to $33.90 at 12:37 p.m. in New York, after declining as much as 13.7 percent to $33.
Ben Greenman Editor, The New Yorker @bengreenman
Zuckerberg’s Fortune Down $2.2 Billion http://t.co/XNrvs6Z2 In related news, I lost a $20 bill.

Goldman Sachs Boosts Tech Investments After Facebook IPO

businessweek.com — Goldman Sachs Group Inc. (GS) (Facebook Inc. (FB) (GS), the bank which last week doubled its money from a 2010 bet onFB), is ramping up investments in Web startups, underscoring the allure of high-growth tech companies to financiers far from Silicon Valley.
Doug MacMillan Technology Writer, Bloomberg BusinessWeek @dmac1
Goldman Sachs may be assembling 1 of the best portfolios in tech: Facebook, Dropbox, Gilt, Uber. Today added AnchorFree http://t.co/bEMbyTYn

German union, employers agree 4.3 percent raise

businessweek.com — Germany's biggest industrial union and employers have reached a deal that includes a 4.3 percent wage raise for the sector's 3.6 million workers, both sides said Saturday. IG Metall manufacturing union initially sought a 6.5 percent raise, but union chief Berthold Huber lauded the agreement, which is valid until May 2013, as a good result for workers that avoids further strikes in the sector.
Steven Greenhouse Labor Reporter, New York Times @greenhousenyt
Germany's biggest industrial union wins 4.3% pay increase--to serve as model for other German workers http://t.co/5WGfanCo #labor #labour
Steven Greenhouse Labor Reporter, New York Times @greenhousenyt
Germany biggest industrial union wins 4.3% wage increase--to serve as model for other German workers http://t.co/5WGjHXLy #labor #labour

Barclays to Sell Entire $6.1B BlackRock Stake

businessweek.com — Barclays Plc (BARC), the U.K.'s second- largest bank by assets, will sell its entire $6.1 billion stake in BlackRock Inc. (BLK) (BLK) before the latest round of Basel rules stops it from counting the holding as capital.
Josh Friedman U.S. Investing Editor, Bloomberg News @journalistjosh
$BLK Barclays Sells $6.1 Billion BlackRock Stake as Basel Rules Loom. http://t.co/iCdbU1HY

Boehner Urges Republicans to Focus on Economy, Not Wright

businessweek.com — Republicans should focus on the U.S. economy and not waste time and money attacking President Barack Obama over his ties to his former pastor, Reverend Jeremiah Wright Jr., House Speaker John Boehner said yesterday. Interviewed on ABC's "This Week," Boehner joined presumptive Republican presidential nominee Mitt Romney in decrying a Republican strategist's aborted plan to air racially tinged ads against Obama.
Jeffrey Feldman Freelance Journalist and Blogger @JeffreyFeldman
Boehner urgers GOP to focus on when Obama stopped beating wife, not Rev. Wright: http://t.co/E9S61Obq #inmates #asylum

LaBeouf Turns Gangster, Cotillard Meets Killer Whales

businessweek.com — In "Wall Street: Money Never Sleeps," Shia LaBeouf played a trader hankering for cash. "Lawless," which premiered at the weekend at the Cannes Film Festival, casts him as the no-less-greedy Jack -- the youngest of three bootlegging brothers in Prohibition-era Virginia who fend off rivals and crooked law enforcers.
Farah Nayeri Arts and Culture Reporter, Bloomberg News @fnayeri
#Cannes: My reviews of 'Lawless' w/Labeouf, Marion Cotillard 'Rust & Bone' and Garrone's 'Reality,' my favorite so far http://t.co/9niOH5jT

Manhattan Midtown South Draws Top Rents

businessweek.com — Most landlords offering prestige Manhattan office space hate to be pinned down on their asking rents. Not Ed Minskoff. "Between $88 and $115 a foot," he said without hesitation of the prices he's seeking at 51 Astor Place, the Fumihako Maki- designed office project he's building in the East Village.
David Levitt Commercial Real Estate Reporter, Bloomberg News @dmlevitt
$100/ft office rents cmng to #MidtownSouth? Techdriven market outprforms Midtown #NYC as finance lags #CRE #realestate http://t.co/uu0F6V5P

Epic Tech IPOs: Triumphs, a Travesty, and a Tragedy

businessweek.com — A youngster with a disdain for wealth, distrustful of Wall Street bankers, suddenly scores millions of dollars for himself and his hacker friends. Ah, Bill Gates was quite the story back in 1986.
Bradley Olson Energy Reporter, Bloomberg News @bradnews
Epic Tech IPOs: Triumphs, a Travesty, and a Tragedy http://t.co/gu8BHxaW via @BW

Book Review: 'Private Empire,' by Steve Coll

businessweek.com — There's a startling scene early in Steve Coll's Private Empire in which Lee Raymond, then the chief executive of ExxonMobil, speaks with offhanded candor about where his loyalties lie. Asked by an industry colleague if his company might consider building more refineries domestically, the better to
Bradley Olson Energy Reporter, Bloomberg News @bradnews
Book Review: 'Private Empire,' by Steve Coll http://t.co/vSEoyY8A via @BW

Mitt Romney's Box of Kryptonite

businessweek.com — Randy Johnson organizes steel workers for a living. Before that he worked in a paper factory where he served as union steward. He has waved picket line placards, bellowed through bullhorns, and taken people out on strike. Along the way, he became Mitt Romney's worst recurring nightmare.
Joshua Green National Correspondent, Bloomberg BusinessWeek @JoshuaGreen
For Obama team, today is "bash Romney over Ampad" day. Here's great @BW cover story on Romney/Ampad: http://t.co/aeCwPMO3

Meet the New Yahoo! Boss

businessweek.com — When Yahoo! was searching for a new chief executive officer in October after firing Carol Bartz, the company's head of global media, Ross Levinsohn, went on stage at the Web 2.0 Summit in San Francisco. His interviewer asked if he was interested in the job.
Jared Keller Associate Editor, The Atlantic @jaredbkeller
"I've kept my head down for most of my career. When it's popped up... you get whacked." Meet Yahoo's new boss http://t.co/uqQX7ZXA

Your Text Messages, Saved Forever

businessweek.com — Lifespan-wise, text messages are mayflies. They're not meant to live long. But like e-mails, which and essentially allow us to store forever, and tweets-every single one of which the Library of Congress is now archiving-texts are a record of our lives, There are reasons to want to keep them around: for the sake of reminiscence, perhaps, or an alibi, should one be necessary.
Jared Keller Associate Editor, The Atlantic @jaredbkeller
Your text messages, saved forever http://t.co/aemET7Yj via @bw

The DeLorean Is Back-This Time as a Bike

businessweek.com — For DeLorean enthusiasts who are excited that the cars are coming back but disheartened at the estimated $90,000 price tag, there is a silver-er, stainless steel-lining. Marc Moore, a bicycle maker, has teamed up with Stephen Wynne, president of the new, Texas-based incarnation of DeLorean Motor-which plans next year to release electric versions of the iconic, gull-winged sedans from the 1980s-to introduce the DeLorean Bicycle.
Mark Gilbert London Bureau Chief, Bloomberg News @LondonBC
BackToTheFuture: How to buy a brand new DeLorean for $5,495 (albeit with a couple less wheels than original...) http://t.co/2FjTAv1J via @BW

Chesapeake Director’s Firm Paid $343 Million Amid Ties

businessweek.com — Chesapeake Energy Corp. (CHK) (CHK)'s decision to cut directors' pay and other perks may save the company up to $1.65 million a year without addressing investors' concern that the board failed to rein in Chief Executive Officer Aubrey McClendon's borrowing and spending spree.
Jay F. Marks Business Writer, The Oklahoman @OKenergybeat
.@Chesapeake has paid director’s company $343 million since 2009. http://t.co/avaNNrn8 (via @BW)

Texas judge: Coal permit won't stand up in court

businessweek.com — State environmental regulators did not follow federal guidelines when they issued an air permit for a proposed coal-fired power plant on the Gulf Coast, and a Texas judge indicated the paperwork is too flawed for construction to begin.
Jay F. Marks Business Writer, The Oklahoman @OKenergybeat
RT @citizensclimate: Texas judge says permit for coal plant won't stand up. http://t.co/a5gzqQUb #climate #eco @quitcoal @appvoices @350 ...

China's Next Export: Venture Capital

businessweek.com — In April, Empower Micro Systems became one of the first tenants of InnoSpring, a new startup incubator in Santa Clara, Calif., backed largely by Chinese investors. Less than two weeks after Empower's move-in date, InnoSpring helped the young company-which develops technology that converts electricity between AC and DC-set up meetings with 22 China-based venture capital firms in preparation for a trip to Shanghai in May.
John Tozzi Reporter, Bloomberg BusinessWeek @jtozz
My story in this week's magazine -- China's Next Export: Venture Capital http://t.co/7SjjMHFs via @BW
Michael Bolden Transportation Editor, Washington Post @michaelbolden
China's Next Export: Venture Capital http://t.co/XJQINkTY
Stan Yee Asia Editor and Producer, Bloomberg.com, Bloomberg News @stanyee
RT @chinahearsay: Bloomberg: China's Next Export: Venture Capital http://t.co/lmRBjG2f

Better Gas Mileage, Thanks to the Pentagon

businessweek.com — U.S. automakers have until 2025 to raise the fuel economy on their cars and trucks to 54.5 miles per gallon-double the current standard-or face government fines. The industry has spent years pouring billions of dollars into research and development to comply with the mandate. Now it may get a boost
Bradley Olson Energy Reporter, Bloomberg News @bradnews
Better Gas Mileage, Thanks to the Pentagon http://t.co/ARRJ6FMQ via @BW
Jeff Green Detroit Bureau Chief and Reporter, Bloomberg News @JeffAGreen
Peace Dividend? Better Gas Millage from a tank my help passenger cars, too. http://t.co/vk3aHahL http://t.co/cgO2IPOv
Jeff Green Detroit Bureau Chief and Reporter, Bloomberg News @JeffAGreen
BW picks up my story: Better Gas Mileage, Thanks to the Pentagon http://t.co/vk3aHahL via @BW

Startups Hit Cute Mascot Overload

businessweek.com — There was no better sign of the dot-com boom's irrational exuberance than the proliferation of cutesy mascots. After the bubble burst, Internet entrepreneurs grew more serious, reflected as much in their logos as in their business plans. With VC money flowing freely again, the fun is back.
Abram Brown Markets Reporter, Forbes @abebrown716
Need concrete proof of new Web bubble? Tech co.'s again using cute logos. Lookin' at you, adorable Hipmunk chipmunk. http://t.co/kuf2QbLd
Larry Chiang Blogger, Bloomberg BusinessWeek @LarryChiang
RT @stevenagata: I try to learn something every day. today I learned that the twitter bird is named "Larry" http://t.co/ybNHtVBW #thesim ...
Mia Saini Reporter, Bloomberg TV, Bloomberg News @miasaini
Bubble-prone companies have cutsie logos, BUT serious co's have SIMPLE logos...don't believe me? here's a grt pictoral http://t.co/MaFbhT62
Josh Tyrangiel Editor, Bloomberg BusinessWeek @Tyrangiel
Your guide to every self-consciously adorable tech startup mascot, courtesy of @jenniferdaniel http://t.co/kmcCQtfy
Nathan Olivarez-Giles Technology Blogger, LA Times @nateog
RT @markmilian: Startups Hit Cute Mascot Overload: A graphical tease in this week's @bw mag to a story running soon http://t.co/92eusqyI
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