Most talked about Bloomberg News stories

Iran Nuclear Talks Count Down to Deadline With No Deal in Sight

bloomberg.com — Heading toward a deadline tomorrow, diplomats seeking to strike a deal to curb Iran 's nuclear ambitions are pushing to resolve disagreements that threaten to scuttle or extend the negotiations.

In Iowa, Ben Carson Says 'Goodies' Drawing Undocumented Immigrants Need to be Cut

bloomberg.com — Ben Carson, a potential 2016 Republican presidential candidate, said Saturday that undocumented immigrants should lose access to services such as "free" education, medical care and housing subsidies until they become citizens. "You have to reverse the polarity of the magnet that is attracting people here," he said in an interview in Iowa with Bloomberg Politics.

Ben Carson's Fans Await Him in Iowa

bloomberg.com — As he prepares for a possible White House run, Ben Carson's supporters have quietly assembled one of the most formidable Republican political organizations in Iowa, the state that will launch the presidential nomination process with its caucuses in early 2016.
Nov 22, 2014

RT @JoshuaGreen: Probably a first: White House hopeful Ben Carson likens his candidacy to an "inoperable brain tumor" bloomberg.com/politics/artic… via @bpolitics

Nov 22, 2014

Probably a first: White House hopeful Ben Carson likens his candidacy to an "inoperable brain tumor" bloomberg.com/politics/artic… via @bpolitics

Nov 22, 2014

Draft committee has 130+ leaders in all 99 counties RT @bpolitics Ben Carson's Fans Await Him in Iowa: bloom.bg/1p8VZsP @McCormickJohn

Why You Shouldn't Hold Your Breath About Benghazi Fading

bloomberg.com — Lawmakers on the House Intelligence Committee have finally issued their report on the 2012 terrorist attack on the U.S. consulate in Benghazi, Libya, and found that ... actually, no, the Obama White House did not orchestrate a massive cover-up.

The 153-Year-Old Oil Well That Produces Nonstop in Boom and Bust

bloomberg.com — About 70 miles north of Pittsburgh, a pothole-pocked dirt road along the side of a warehouse leads to a solitary oil well, undisturbed by the recent plunge in crude prices. McClintock No. 1, the world's oldest continually producing oil well, is still going after 153 years, quietly churning out about 1/10 of a barrel each day from a small spot in a clearing of trees.
Nov 21, 2014

The 153-Year-Old Oil Well That Produces Nonstop in Boom and Bust bloom.bg/1zKfPeJ via @BloombergNews

Nov 21, 2014

The 153-Year-Old Oil Well That Produces Nonstop in Boom and Bust bloom.bg/1zKfPeJ

Nov 21, 2014

The 153-Year-Old Oil Well That Produces Nonstop in Boom and Bust bloom.bg/1zKfPeJ via @BloombergNews

Nov 21, 2014

Wild story here: McClintock No. 1 oil well, drilled in 1861 and still producing oil. bloom.bg/14Z2jdB pic.twitter.com/znul9KpQAM

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No Ruling Said to Come From Missouri Grand Jury This Weekend

bloomberg.com — Nov. 22 (Bloomberg) -- The Missouri grand jury deciding whether to charge a Ferguson police officer in the killing of Michael Brown won't make a decision this weekend, a law enforcement official familiar with the deliberations said.

Obama Golfs With Derek Jeter in Las Vegas on Steve Wynn Course

bloomberg.com — Taking a break after announcing his immigration plan in Las Vegas, President Barack Obama is golfing today in a foursome that includes just-retired New York Yankee Derek Jeter. Obama is taking to the links today at the Shadow Creek Golf Course, owned by MGM Resorts International and built in North Las Vegas by casino magnate Steve Wynn.
Nov 22, 2014

Obama Golfs With Derek Jeter in Las Vegas on Shadow Creek, former Steve Wynn-owned Course bloomberg.com/news/2014-11-2…

Australia Raises A$5.7 Billion as Abbott Sells Medibank in IPO

bloomberg.com — Australia raised A$5.68 billion ($4.9 billion) selling shares of Medibank Private Ltd. in the country's second-largest initial public offering. The government sold about 2.7 billion shares in the country's biggest health insurer at a price of A$2.15 apiece for institutional investors, Finance Minister Mathias Cormann said on a conference call today.

A Dying Mall in Concord, New Hampshire

bloomberg.com — On a crisp Friday evening in late October, Shannon Rich, 33, is standing in a dying American mall. Three customers wander the aisles in a Sears the size of two football fields. The RadioShack is empty. A woman selling smartphone cases watches "Homeland" on a laptop.
Nov 22, 2014

"There is something bad with this mall" - my profile of a dying U.S. mall bloom.bg/1z0uHVj via @BloombergNews

Nov 21, 2014

This is an American mall, facing a choice between re-invention and oblivion, opting to surrender: bloom.bg/1z0uHVj by @matt_townsend

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Kenyan Bus Attack by Suspected Militants Kills 28 People

bloomberg.com — Suspected al-Qaeda-linked gunmen attacked a bus in northeastern Kenya, killing 28 people after separating non-Muslim and Muslim passengers, a government official said. The Nairobi-bound bus was attacked this morning while traveling between the towns of Mandera and Bulla Arabia, about 800 kilometers (500 miles) northeast of the capital, Mandera Deputy County Commissioner Elvin Korir said in a phone interview.
Nov 23, 2014

Al-Shabaab Claims Attack on Kenyan Bus Targeting 'Christians That Enjoyed the Killing of Muslims'  bloom.bg/1vyzlwG via @BloombergNews

Nov 22, 2014

RT @malingha: Kenyan Bus Attack by al-Qaeda Militants Kills 28 People - Bloomberg via @BloombergNews bloom.bg/1vyzlwG

Nov 22, 2014

Kenyan Bus Attack by al-Qaeda Militants Kills 28 People - Bloomberg via @BloombergNews bloom.bg/1vyzlwG

Nov 22, 2014

Gunmen kill 28 in attack on bus in northern Kenya travelling to Nairobi, targeted non-Muslims just like #Westgate bloom.bg/1vyzlwG

Lazard’s Weiss Due $21.2 Million to Leave for Treasury

bloomberg.com — Antonio Weiss stands to make about one-fiftieth of his Lazard Ltd. compensation if confirmed as a top Treasury official. Walking away with as much as $21.2 million may soften the blow. President Barack Obama 's nominee for Treasury undersecretary for domestic finance will leave a job that paid him $15.4 million in the past 23 months for government work that pays $167,000 annually.
Nov 22, 2014

RT @b_muzz: Making bank by leaving bank. Antonio Weiss due as much as $21.2 million if he leaves Lazard for Treasury. bloom.bg/1uOjnwz

Nov 21, 2014

Nice work if you can get it: Lazard’s Weiss due as much as $21.2 million to leave for Treasury. bloom.bg/1xdVj2Y via @BloombergNews

Nov 21, 2014

RT @b_muzz: Making bank by leaving bank. Antonio Weiss due as much as $21.2 million if he leaves Lazard for Treasury. bloom.bg/1uOjnwz

Nov 21, 2014

RT @b_muzz: Making bank by leaving bank. Antonio Weiss due as much as $21.2 million if he leaves Lazard for Treasury. bloom.bg/1uOjnwz

Nov 21, 2014

RT @sabrush: Lazard’s Antonio Weiss Due $21.2 Million if he gets confirmed for Treasury job bloom.bg/1xdVj2Y

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Israeli IPO Flop Seen as Brief Lull in Record Deal Boom

bloomberg.com — The record boom in initial public offerings stalled last week when Adama Agricultural Solutions Ltd. (ADAM) shelved a $423 million deal. To many bankers and analysts, the lull in the IPO market will prove fleeting. The Adama flop is "very company specific," the result of slumping commodity prices, Josef Schuster, founder of research firm IPOX Schuster LLC, said by phone Nov.

Citigroup Said to Be Ousted From ECB FX Group for Rigging

bloomberg.com — The European Central Bank ejected Citigroup Inc. from its foreign-exchange market liaison group after the U.S. bank was fined for rigging the institution's own currency benchmark, two people with knowledge of the move said. The ECB removed Citigroup from the panel, which advises the central bank on market trends, after regulators fined the lender $1 billion for rigging currency benchmarks including the ECB's 1:15 p.m.
Nov 21, 2014

Wow "@evans_edward: ECB ousts Citigroup from FX advisory group after bank fined for rigging FX bloom.bg/1xalmrU via @gavinfinchBBG"

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Obamacare’s Subscriber Rolls Include Unpublicized Dental Plans

bloomberg.com — The Obama administration included as many as 400,000 dental plans in a number it reported for enrollments under the Affordable Care Act, an unpublicized detail that helped surpass a goal for 7 million sign-ups.
Nov 21, 2014

RT @onceuponA: .@aawayne has a scoop and it isn't pretty: HHS inflated enrollment numbers with unpublicized dental plans bloom.bg/1uDgZXS

Nov 21, 2014

Turns out the #Obamacare numbers were propelled in part by #dental plans. True total is 6.7 million, not 7.3 million: bloom.bg/1uj1MaW

Nov 20, 2014

Government inflated number of Obamacare enrolees; numbers drop from 8 million to 6.7 million. bloomberg.com/news/2014-11-2…

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Cranberry Man of 50 Years Yields to Global Glut: A Day’s Work

bloomberg.com — At midnight, Dick Ward drives to the pump house. There, at the edge of his cranberry bog, he pushes the pump speed to 800 rpm and sets in motion the final leg of his 50-year run. Ward likes to be in charge. You could say he's built for it.
Nov 22, 2014

If you haven't read my old buro chief @Tmoroney's A Day’s Work column, start now with this piece on a cranberry man bloom.bg/1xadMNY

Nov 21, 2014

RT @TMoroney: Cranberry Man of 50 Years Yields to Global Glut: A Day’s Work bloom.bg/1xadMNY via @BloombergNews.A DAD'S BITTERSWEET RITE OF PASSAGE

Nov 21, 2014

Cranberry Man of 50 Years Yields to Global Glut: A Day’s Work bloom.bg/1xadMNY via @BloombergNews.A DAD'S BITTERSWEET RITE OF PASSAGE

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Al Hunt Plays 2016 Madness

Top 400 U.S. Households Paid 18% Average Tax Rate in 2010

bloomberg.com — The top 400 taxpayers in the U.S. paid an average tax rate of 18 percent in 2010, the lowest since 2007, according to Internal Revenue Service data released today. The comparable rate for all taxpayers in 2010 was 11.8 percent.
Nov 21, 2014

RT @pdacosta: People who earn all of their income from wages often pay a higher tax rate than the very wealthiest Americans. bloom.bg/1xbT405

Nov 21, 2014

People who earn all of their income from wages often pay a higher tax rate than the very wealthiest Americans. bloom.bg/1xbT405

Nov 21, 2014

The richest 400 U.S. households paid an average tax rate of 18% in 2010. bloom.bg/1xbT405

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Abe Listening to Krugman After Tokyo Limo Ride on Abenomics Fate

bloomberg.com — When Japanese economist Etsuro Honda heard that Paul Krugman was planning a visit to Tokyo, he saw an opportunity to seize the advantage in Japan 's sales-tax debate. With a December deadline approaching, Prime Minister Shinzo Abe was considering whether to go ahead with a 2015 boost to the consumption levy.
Nov 22, 2014

“Abe listened to Krugman’s view very carefully" before deciding on sales tax day #Japan #Abenomics bloom.bg/1vujS02

Nov 21, 2014

How a Limo Ride With Paul Krugman Changed the Course of Abenomics bloom.bg/1vujS02 via @BloombergNews

Nov 21, 2014

How a Limo Ride With Paul Krugman Changed the Course of Abenomics bloom.bg/1vujS02 via @BloombergNews

Nov 21, 2014

How a Limo Ride With Paul Krugman Changed the Course of Abenomics bloom.bg/1vujS02

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Dudley Defends New York Fed Supervision in Heated Senate Hearing

bloomberg.com — William C. Dudley, president of the Federal Reserve Bank of New York, defended his institution's record as a bank supervisor in sometimes heated exchanges during a Senate hearing today. "I wouldn't accept the premise that there's been a long list of failures by the New York Fed since my tenure," Dudley said in response to an assertion by Senator Elizabeth Warren, a Democrat from Massachusetts.
Nov 22, 2014

The Fed Under Goldman's Thumb: Segarra's Picture Gets Senate Hearing bloom.bg/11KR8Uz

Nov 21, 2014

The Fed Under Goldman's Thumb: Segarra's Picture Gets Senate Hearing bloom.bg/11KR8Uz via @BloombergNews

Nov 21, 2014

The Fed Under Goldman's Thumb: Segarra's Picture Gets Senate Hearing bloom.bg/11KR8Uz via @jeffkearns

Nov 21, 2014

RT @jeffkearns: Dudley and Warren spar as Segarra watches hearing prompted by her secret Goldman-Fed tapes ow.ly/EGm63 $GS pic.twitter.com/yW0E9gSqF7

Nov 21, 2014

RT @jeffkearns: Dudley and Warren spar as Segarra watches hearing prompted by her secret Goldman-Fed tapes ow.ly/EGm63 $GS pic.twitter.com/yW0E9gSqF7

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