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Most Talked About Bloomberg News Stories

Obama Coming to Fundraiser at Co-op Where Manners Matter

bloomberg.com — Blair W. Effron's fellow financiers will have a chance to follow the etiquette advice from the woman who once lived in his New York apartment when he hosts President Barack Obama at a fundraiser there May 14.
RT @maxabelson: Can Wall Street and Obama save the Democrats? Can Emily Post's etiquette? My story! bloom.bg/1f9F04y
Love it “@maxabelson: Can Wall Street and Obama save the Democrats? Can Emily Post's etiquette? My story! bloom.bg/1f9F04y
RT @maxabelson: Can Wall Street and Obama save the Democrats? Can Emily Post's etiquette? My story! bloom.bg/1f9F04y
Can Wall Street and Obama save the Democrats? Can Emily Post's etiquette? My story! bloom.bg/1f9F04y
$20,000 for dinner with the president May 14...but max where are the menu details? bloom.bg/1ihWkyW
Show 3 more tweets from Azi Paybarah, Christine Harper, Bob Ivry

Deadly Illegal Mining Booms Below South Africa’s City of Gold

bloomberg.com — Tap for Slideshow Smoke rises from a derelict mine shaft 25 miles east of Johannesburg, where illegal miners cook, work and sleep below ground for weeks at a time. They have broken through a slab of concrete covering the entrance to the shaft, one of 6,000 abandoned mines, many around Johannesburg, known as "eGoli," or "City of Gold" in Zulu.
Deadly Illegal Mining Booms Below South African City of Gold bloom.bg/1k7rIVe via @BloombergNews
Deadly Illegal Mining Booms Below South African City of Gold bloom.bg/1k7rIVe via @BloombergNews - great piece by one of my colleagues
RT @CrowleyKev: Death, robbery, turf wars & prostitution - the shocking underground world of illegal gold mining in South Africa http://t.c…
Show 3 more tweets from Neil Callanan, Chris Kay, Anne-Sylvaine Chassany

GE Said in Talks to Buy France’s Alstom for About $13 Billion

bloomberg.com — General Electric Co. (GE), the U.S. maker of jet engines and oilfield equipment, is in talks to buy Alstom SA (ALO), the French builder of trains and power plants, people with knowledge of the matter said. GE and Alstom may announce an agreement as early as next week, said the people, who asked not to be identified because the talks are private.
$GE is in talks to buy Alstom for more than $13 billion: bloom.bg/1iNetth nice scoop from @ak_mna, @mattcampbel, @JCMcCracken
RT @flacqua: GE Said in Talks to Buy France’s Alstom for About $13 Billion bloom.bg/1fr60Hu via @MattCampbel
Show 48 more tweets from Ravi Mattu, Henry Foy, Anne-Sylvaine Chassany, Jeff Black, Edward Evans, Kiel Porter, Guy Johnson, Richard Fletcher, Megan Murphy, Francine Lacqua and others...

Buffett Says He Opposes Coke Pay Plan, Abstained in Vote

bloomberg.com — Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc. (BRK/A), said he opposed Coca-Cola Co.'s plan to pay employees with stock and abstained from a vote on the proposal out of loyalty to the soft-drink maker. "I could never vote against Coca-Cola, but I couldn't vote for the plan either," Buffett said today in an interview with Bloomberg Television's Betty Liu in New York.

Poland Pushes Coal on Europe as Putin Wields Gas Weapon

bloomberg.com — Polish Prime Minister Donald Tusk says the country's giant coal fields should become a cornerstone in Europe's defense against a newly aggressive Russia. Because the fossil fuel supplies 90 percent of Poland's power it has less need of Russian natural gas than other Eastern European nations, burning half as much per capita as the neighboring Czech Republic, for example.

Forbes Sale Said to Founder With Axel Springer Not Bidding

bloomberg.com — Forbes Media LLC's effort to find a buyer is running into trouble, with one potential bidder officially out of the running and two others no longer in active talks, people with knowledge of the matter said. Germany's Axel Springer SE, which publishes the Russian edition of the magazine, isn't involved in any process to acquire Forbes, Edda Fels, a spokeswoman, said yesterday.

Gazprom Demands $11.4 Billion From Ukraine Before EU Gas Talks

bloomberg.com — OAO Gazprom (OGZD), the world's biggest natural gas producer, charged Ukraine $11.4 billion for contracted fuel last year as the smaller country seeks the European Union's support to cut reliance on Russian imports. Gazprom sent the bill to NAK Naftogaz Ukrainy yesterday, Sergei Kupriyanov, the Russian state-run gas exporter's spokesman, said today by phone in Moscow.
RT @wenkennedy: Gazprom suddenly raises Ukraine's unpaid gas bill to $11.4 billion, or more than half its proposed IMF bailout | bloomberg.com/news/2014-04-2…
RT @wenkennedy: Gazprom suddenly raises Ukraine's unpaid gas bill to $11.4 billion, or more than half its proposed IMF bailout | bloomberg.com/news/2014-04-2…
Gazprom suddenly raises Ukraine's unpaid gas bill to $11.4 billion, or more than half its proposed IMF bailout | bloomberg.com/news/2014-04-2…

Athens Lacking Only Elgin as Windows Erase Crisis: Cities

bloomberg.com — Tap for Slideshow The marble paving stones have been relaid in Athens' Syntagma Square, the site of pitched battles between police and protesters during the worst of Greece 's economic crisis. Yannis Stournaras has replaced his sixth-floor window overlooking the square. It was pierced by an errant bullet during one of the riots in 2010.

Women Traumatized in Bangladesh Collapse Plead for Promised Cash

bloomberg.com — Bulbuli Akter got tired of waiting in her village for the government to provide compensation after Bangladesh 's worst industrial disaster left her afraid to go back to work. Now she's making her case on the streets of Dhaka.
A year later... Women Trapped in Bangladesh Collapse Plead for Promised Cash bloom.bg/1rlVDMh via @BloombergNews
Women Trapped in Bangladesh Collapse Plead for Promised Cash bloom.bg/1rlVDMh
RT @AnneinParis: A year later: Women Traumatized in Bangladesh Collapse Plead for Promised Cash bloom.bg/1rlVDMh via @BloombergNews
RT @stanyee: Women traumatized in Bangladesh collapse plead for promised cash bloom.bg/QFIzEk
Show 2 more tweets from Nick Turner, Stan Yee

You Will Eat Your Peas Now as Big Food Binges on Protein

bloomberg.com — Deep inside the General Mills Inc. (GIS) research lab in Golden Valley, Minnesota, food technician Faith Perry mixes up the company's new Larabar with a special ingredient that's several thousand years old. Tins arranged along one wall of the lab contain every ingredient you could squeeze in a snack, from rolled oats to marshmallows.
"'Ten years ago nobody was talking about pulses,'" said Gordon Bacon <- False by about 4b ppl bloomberg.com/news/2014-04-2…
"Digesting pulses is not always easy, leading to discomfort and flatulence." Thank you, Bloomberg. bloomberg.com/news/2014-04-2…
Big Food jumps on board the high-protein legume train - You Will Eat Your Peas Now by @bizboyle bloomberg.com/news/2014-04-2… via @BloombergNews
Show 3 more tweets from Oliver Staley, Matthew Boyle, Bret Okeson

Bank Cutting Commodities Trade Severs Link With Equities

bloomberg.com — Banks' pullback from commodities trading is weakening the link between raw materials and equities and helping to re-establish supply and demand as the main factor in setting prices, United Nations researchers say. As Barclays Plc, JPMorgan Chase & Co. and Morgan Stanley leave parts of the business, prices of commodities are moving more independently of stocks.
Bank Cutting Commodities Trade Severs Link With Equities - Bloomberg - go.shr.lc/1fsZ8tp
RT @ja_herron: Banks pulling out of commodities trading means prices driven more by supply-demand and less by wider mkt sentiment bloom.bg/1iPd0lW
Banks pulling out of commodities trading means prices driven more by supply-demand and less by wider mkt sentiment bloom.bg/1iPd0lW
Is banks' retreat from commodities trading fueling a decline in asset-price correlation? bloomberg.com/news/2014-04-2… via @BloombergNews

Obama Says U.S. Ready to Move on Russia Sanctions

bloomberg.com — President Barack Obama said the U.S. and its allies have additional sanctions against Russia ready to go as the crisis in Ukraine escalated with Ukrainian security forces moving against pro-Russian separatists. Russia has yet to act in the spirit or the letter of an agreement reached in Geneva last week to defuse the confrontation, and if there's no progress in the coming days, "we will follow through," Obama said.

China Army Targets Students for Officers to Match Modern Weapons

bloomberg.com — China's military has used annual budget increases in excess of 10 percent to buy precision-guided weapons, fighter jets and an aircraft carrier. Now it's seeking to upgrade its recruits to operate them. For Wu, a 20-year-old journalism student at a university in Beijing, that means his college fees are paid and he has an extra 3,500 yuan ($561) a year to live on.
China Army Targets Students for Officers to Match Weapons bloom.bg/1k7rbmd via @BloombergNews nice story from @hjesanderson
RT @beijingscribe: China tries ROTC to boost recruits: China Army Targets Students for Officers to Match Modern Weapons bloom.bg/1k7rbmd @BloombergNews
Show 2 more tweets from David Stringer, Stan Yee

Riza Dreams of Poetry After Mom Risks Safety in Bangladesh

bloomberg.com — To give her daughter the opportunity neither she nor her mother had, Nazma Akhter made the only choices possible for a poor, illiterate woman in Bangladesh. She escaped her tiny village, bolting the door behind her so her mother couldn't chase her down.
Show 51 more tweets from Suzi Ring, Naomi Kresge, Will Kennedy, Michelle Kaske, Shana Lynch, Dan Morrison, Jesse Drucker, Jesse Drucker, Niki O'Callaghan, Andres R. Martinez and others...

Steyer Nets $10,050 for $100 Million Climate Super-PAC

bloomberg.com — Billionaire Tom Steyer is trying to enlist other wealthy donors in a $100 million climate-themed political organization, pledging at least half from himself. So far, he's landed one $10,000 check. Mitchell Berger, a Fort Lauderdale, Florida, lawyer and top Democratic fundraiser, was the lone named donor to NextGen Climate Action Committee in the first three months of the year, a U.S.
Reality check: Donors not exactly flocking to Steyer's climate super-PAC. So far: 1 guy gave $10k. v @BloombergNews bloom.bg/1mBKCof
Tom Steyer wants to deploy $100 million for political causes. So far he's raised $10,000. Via @bykowicz bloomberg.com/news/2014-04-2…
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