Most talked about Bloomberg News stories

Bloomberg News Editor Swims English Channel, Mostly in Darkness

bloomberg.com — Bloomberg News Editor Sara Marley became one of fewer than 1,500 people to swim the English Channel, completing the crossing of the world's busiest shipping lane early this morning in about 13 hours, 50 minutes.
Jul 30, 2014

Bloomberg News Editor @SaraMarley1 Swims English Channel, Mostly in Darkness - bloom.bg/1nGynt1 13 hours, 50 mins - top effort!!

Jul 30, 2014

RT @kdrcampbell: Nuff respect to @smarley1 -extremely hardcore colleague who swam the English Channel overnite bloom.bg/1nGynt1 via @BloombergNews

Jul 30, 2014

RT @cullenang: Bloomberg News editor swims English Channel, mostly in darkness bloom.bg/1nGynt1 via @BloombergNews

Jul 30, 2014

RT @cullenang: Bloomberg News editor swims English Channel, mostly in darkness bloom.bg/1nGynt1 via @BloombergNews

Jul 30, 2014

RT @JohnEGlover: Bloomberg's Sara Marley swims the Channel, "one of fewer than 1,500 people" to do so: bloomberg.com/news/2014-07-3…

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Xi Shows How to Catch a Tiger as All Paths Lead to Zhou Yongkang

bloomberg.com — To catch a tiger in China, it turns out first you need to swat a lot of flies. Less than a month after Xi Jinping took the helm of the Communist Party in 2012, a brief report appeared on the state-owned news agency saying a senior official in a southwestern province was under investigation for graft.
Jul 30, 2014

Xi Shows How to Catch a Tiger as All Paths Lead to Zhou Yongkang buff.ly/1o28Zxo via @BloombergNews

Jul 30, 2014

RT @nwadhams: Cracking good tick-tock on Zhou Yongkang's downfall from @beijingscribe and crew bloom.bg/1ppztsd

Jul 30, 2014

Zhou: "His roles gave him influence comparable to being Dick Cheney, who shares a background in oil" bloom.bg/1ppztsd

Jul 30, 2014

Of China's flies, its tigers and party corruption: bloom.bg/1ppztsd via @BloombergNews "Zhou, 71, was a tiger as big as they come"

Jul 30, 2014

Got to swat a lot of flies bloom.bg/1ppztsd Xi Shows How to Catch a Tiger as All Paths Lead to Zhou Yongkang

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Greenberg Gets Magic Wand as Wish for Cheap Casket Denied

bloomberg.com — Before Alan C. "Ace" Greenberg died last week at 86, the former Bear Stearns Cos. chairman and chief executive officer offered his family a few pointers for his own memorial. He told his wife Kathryn in a letter that it should include a magician breaking a magic wand, which was how today's service opened.
Jul 29, 2014

Greenberg Gets Magic Wand as Wish for Cheap Casket Denied bloom.bg/1qi1noR

Jul 29, 2014

“Have fun, kids, but control costs.”- Ace Greenberg's letter to his family, read at his funeral bloom.bg/1qi1noR @BloombergNews

Jul 29, 2014

RT @sheelahk: Ace Greenberg really didn't want his family to waste money on an expensive casket @maxabelson @BloombergNews bloomberg.com/news/2014-07-2…

Jul 29, 2014

RT @morningmoneyben: Very nice @maxabelson joint on Ace Greenberg's memorial including his desire to be buried in a cheap casket. mobile.bloomberg.com/news/2014-07-2…

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Housing Market in France in ‘Meltdown’ After Hollande Rent Caps

bloomberg.com — French President Francois Hollande 's government may have made a housing slump worse, pushing the construction market to its lowest in more than 15 years. Housing starts fell 19 percent in the second quarter from a year earlier, and permits -- a gauge of future construction -- dropped 13 percent, the French Housing Ministry said yesterday.

Elliott Sees Most Significant Danger in Electromagnetic Pulse

bloomberg.com — Paul Singer's Elliott Management Corp. warned investors of the risk of an electromagnetic pulse event massively disrupting the electronic grid in a wide-ranging investor letter that took shots at central bankers, social media and U.S. foreign policy.
Jul 29, 2014

I don't know. Somehow nuclear war seems more disruptive: Elliott Warns of Greatest Danger in Electromagnetic Pulse bloom.bg/X9Iqwk

Jul 29, 2014

RT @BethJinks: Better read than an average investor letter: Elliott Warns Greatest Danger Electromagnetic Pulse bloom.bg/X9Iqwk via @BloombergNews

Jul 29, 2014

RT @BloombergNews: $24.8 billion hedge-fund warns of electromagnetic shock to the grid that could be worse than nuclear war: bloom.bg/X9Iqwk

Jul 29, 2014

RT @ben_rooney: Time to break out the tinfoil hats...Elliott Sees Most Significant Danger in Electromagnetic Pulse bloom.bg/X9Iqwk via @BloombergNews

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Rio Tinto Closes Book on Mozambique Coal With $50 Million Sale

bloomberg.com — Rio Tinto Group (RIO), the world's second-biggest mining company, agreed to sell its Mozambique coal assets for $50 million, drawing a line under one of its worst acquisitions. International Coal Ventures Pvt. Ltd., a group of Indian state-run metal and mining companies, will buy the assets three years after Rio Tinto acquired them as part of the A$3.9 billion ($3.7 billion) purchase of Riversdale Mining Ltd.
Jul 30, 2014

RT @David_Stringer: 3 years after $3.9bn purchase, Rio Tinto sheds Mozambique coal assets in $50m deal: bloomberg.com/news/2014-07-3…

Jul 30, 2014

RT @David_Stringer: 3 years after $3.9bn purchase, Rio Tinto sheds Mozambique coal assets in $50m deal: bloomberg.com/news/2014-07-3…

Jul 30, 2014

3 years after $3.9bn purchase, Rio Tinto sheds Mozambique coal assets in $50m deal: bloomberg.com/news/2014-07-3…

The U.S. Power Grid Is Under Assault

bloomberg.com — Threats to the U.S. electric grid are coming from everywhere: saboteurs, weather and, as silly as it sounds, from outer space. The threat is significant and growing, and business risk managers are taking it seriously. The latest warning comes from Paul Singer's Elliott Management Corp., a $24.8 billion hedge-fund firm based in New York.
Jul 29, 2014

U-S electric company execs reminded of threat posed by #solarflares after @NASA says we missed 'big one' mobile.bloomberg.com/news/2014-07-2…

Jul 29, 2014

Wow. Yeah. Looks bad. The Biggest Threat to the Economy's From Outer Space bloom.bg/1qieAOL via @BloombergNews pic.twitter.com/YVgsO67Ryl

Jul 29, 2014

RT @NYinDC: How's this Bloomberg headline? "The biggest threat to the economy Is from outer space'' And it's a serious story. bloom.bg/1qieAOL

Jul 29, 2014

RT @NYinDC: How's this Bloomberg headline? "The biggest threat to the economy Is from outer space'' And it's a serious story. bloom.bg/1qieAOL

Jul 29, 2014

RT @NYinDC: How's this Bloomberg headline? "The biggest threat to the economy Is from outer space'' And it's a serious story. bloom.bg/1qieAOL

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Singapore Popping Housing Bubbles London Can’t Handle

bloomberg.com — Tap for Slideshow Take a look at the world's dizzying surges in the price of housing for 12 months at the end of June: London, up 20 percent. Manhattan, 18 percent. Sydney, 15.4 percent. Then there are Singapore and Hong Kong: down 3.7 percent and 0.6 percent.

Ford Plans IPhones for Global Employees, Job Posting Says

bloomberg.com — Ford Motor Co. (F) is deploying iPhones for corporate use to employees worldwide, scoring a win for Apple Inc. (AAPL) as it seeks to lure more corporate customers. The second largest U.S. automaker will replace Blackberry Ltd.'s smartphones with iPhones for about 3,300 workers by the end of this year, Sara Tatchio, a Ford spokeswoman, said today in an interview.
Jul 29, 2014

RT @crtrud: Busy day yesterday: Toyota naming fuel-cell car Mirai bloom.bg/WLH4rY and Ford switching employees to iPhones bloom.bg/1mZdbJE

Jul 29, 2014

Busy day yesterday: Toyota naming fuel-cell car Mirai bloom.bg/WLH4rY and Ford switching employees to iPhones bloom.bg/1mZdbJE

Jul 29, 2014

Ford Switching Employees to IPhones From BlackBerry bloom.bg/1mZdbJE

Jul 29, 2014

BlackBerry hits intraday low, down 4.1%, after Bloomberg reports Ford switching employees to iPhones $BBRY $BB.CA stks.co/c0oxz

Jul 29, 2014

RT @BloombergTech: Ford becomes the latest company to switch employees to iPhones from Blackberries. bloom.bg/1mZdbJE

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Warding Off Lions With Cell Phones Shows African Technology Boom

bloomberg.com — If Emily Parsitau wanted to light her home to ward off lions and intruders, she had to walk for an hour to buy kerosene at the nearest store. Now, she uses a SIM card.
Jul 30, 2014

RT @JohnHBowker: New mobile technology is helping African villagers ward off lions. Yes it's true: bloomberg.com/news/2014-07-2…

Jul 30, 2014

Mobile technology transforms life in Africa in everything from getting water to dodging lions: bloom.bg/1qiAOjy via @BloombergNews

Jul 30, 2014

New mobile technology is helping African villagers ward off lions. Yes it's true: bloomberg.com/news/2014-07-2…

Jul 30, 2014

Warding Off Lions With Cell Phones Shows African Technology Boom bloom.bg/1qiAOjy via @BloombergNews

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Italians Abandoning Home for Work Abroad Cause Renzi Headaches

bloomberg.com — When London resident Anthony Perotto and his wife go out for dinner, they sometimes don't even bother to speak English when ordering their food. They just use their own language: Italian. "Most times and regardless of the kind of cuisine, the waiters are highly educated young Italians," says Perotto, 49, a lawyer from Milan who moved with his family to the U.K.

Siemens to BP Prepare for Downward Russia Business Spiral

bloomberg.com — BP Plc (BP/), Siemens AG (SIE) and Renault SA (RNO) are among European companies preparing for a downward turn in their Russian business following the European Union's decision to impose its widest-ranging sanctions yet over President Vladimir Putin's involvement in eastern Ukraine.
Jul 30, 2014

"If you don’t stop that crap we’re going to be the first to obey the sanctions." Siemens to BP brace for Russia pain bloom.bg/1uF2upc

Putin Jeopardizes Russian Firms’ Access to $600 Billion

bloomberg.com — Escalating European Union and U.S. sanctions jeopardize access to funding for Russian companies, threatening to cut them off from international capital markets that have provided at least $600 billion in debt and equity financing since the country emerged from its 1998 default.

Energy Companies Gear Up for More Sanctions Pain in Russia

bloomberg.com — Some of the world's biggest energy companies could see as much as 5 percent of their revenue disappear amid sanctions that shut them off from the Russian energy frontier. Amid rising violence in eastern Ukraine between government and separatist forces, the European Union today sought to punish Russia for its involvement by restricting exports of deep-sea drilling and shale-fracturing technologies.
Jul 30, 2014

Russia Sanctions Spread Pain From Putin to Halliburton bloom.bg/1qi4Gwv

Jul 30, 2014

Sanctions will hit the hardest in the energy sector, where Russia depends on US for technology & expertise: bloomberg.com/news/2014-07-2…

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Cohen Said to Gain 9% to Top Hedge Funds in Family Office

bloomberg.com — Billionaire Steven A. Cohen is still making more money than most hedge funds, even as he closed his firm to settle U.S. insider-trading charges and manage his own wealth. Cohen has gained about 9 percent this year, according to two people with knowledge of the matter.
Jul 30, 2014

After shutting down SAC Capital, Steve Cohen's returns are still beating hedge funds bloom.bg/1qiD2PT via @BloombergNews

Jul 30, 2014

Billionaire Cohen Still Beating Hedge Funds After Shutting Down SAC: bloom.bg/1ztNpFY

Jul 29, 2014

They really got him good: Steve Cohen said to gain 9% to top hedge funds in family office bloom.bg/1qiD2PT via @BloombergNews

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