hat Are you a journalist at this publication? Get listed

SAC’s Cohen Said to Mull Deal That Would Shut Hedge Fund

bloomberg.com — After five years under investigation for insider trading, Steven Cohen is considering proposing a deal to prosecutors that would shut his $15 billion hedge-fund firm to outside investors, according to a person familiar with his thinking.
Rob Urban Managing Editor, Bloomberg News @roburban
SAC’s Cohen Said to Mull Deal That Would Shut Hedge Fund bloom.bg/117miwy via @BloombergNews
Alex Coolidge Business Reporter, Cincinnati Enquirer @alexcoolidge
RT @cr_harper: MOST READ on Bloomberg today: SAC’s Cohen said to mull deal that would shut hedge fund bloom.bg/117miwy via @Bloomberg…
Shahien Nasiripour Chief Financial and Regulatory Correspondent , Huffington Post @nasiripour
RT @cr_harper: MOST READ on Bloomberg today: SAC’s Cohen said to mull deal that would shut hedge fund bloom.bg/117miwy via @Bloomberg…
Marcus Baram Managing Editor, US, International Business Times @mbaram
RT @cr_harper: MOST READ on Bloomberg today: SAC’s Cohen said to mull deal that would shut hedge fund bloom.bg/117miwy via @Bloomberg…
Christine Harper Chief Financial Correspondent, Bloomberg News @cr_harper
MOST READ on Bloomberg today: SAC’s Cohen said to mull deal that would shut hedge fund bloom.bg/117miwy via @BloombergNews
Show 13 more tweets from Andrew Rummer, Gwynn Turner, Tim O'Brien, David Carey, Jeffrey McCracken, Gina Chon, Serena Saitto, Scott Bixby, Ryan McCarthy, Yalman Onaran and others...

None

bloomberg.com — Should the board of JPMorgan Chase & Co. force Jamie Dimon, the bank's chairman and chief executive officer, to give up one of his jobs? Governance watchdogs, shareholder advisory services and public pension funds say yes. Other large shareholders, some prominent academics and the bank say no.
Paula Dwyer Editor, Bloomberg View, Bloomberg News @paulaEdwyer
Pushing Jamie Dimon out of the chair won't fix what ails JPMorgan.. bloom.bg/14KEd0d via @BloombergView
Jeffrey Goldberg National Correspndent, The Atlantic and Bloomberg View Columnist, Bloomberg News @JeffreyGoldberg
RT @TimOBrien: Demoting Jamie Dimon Won’t Fix JPMorgan’s Poor Governance via @BloombergView and @paulaEdwyer mobile.bloomberg.com/news/2013-05-2…
Tim O'Brien Publisher, Bloomberg View, Bloomberg News @TimOBrien
Demoting Jamie Dimon Won’t Fix JPMorgan’s Poor Governance via @BloombergView and @paulaEdwyer mobile.bloomberg.com/news/2013-05-2…
Brian Sozzi Contributor, The Street @BrianSozzi
RT @moorehn: Can't think of a bigger red herring on JPM corporate governance than raising more capital. Totally irrelevant, no? http://t.co…
Heidi Moore Finance and Economics Editor, Guardian U.S., Guardian @moorehn
Can't think of a bigger red herring on JPM corporate governance than raising more capital. Totally irrelevant, no? mobile.bloomberg.com/news/2013-05-2…

IRS's Tea Party Targeting Controversy Graphic

bloomberg.com — Word of IRS Tea Party Targeting Groups Scandal Reaches President Obama Graphic
David Kurtz Managing Editor, Talking Points Memo @TPM_dk
RT @ScottBix: Who knew what, when? The IRS scandal flow chart, via @BloombergNews bloom.bg/Zabd3C
Jonathan Stankiewicz Staff Writer, The Willimantic Chronicle @jonstank
RT @ScottBix: Who knew what, when? The IRS scandal flow chart, via @BloombergNews bloom.bg/Zabd3C
Zeke Miller Political Reporter, Time Magazine @ZekeJMiller
RT @ScottBix: Who knew what, when? The IRS scandal flow chart, via @BloombergNews bloom.bg/Zabd3C
Scott Bixby Social Media Editor, Bloomberg BusinessWeek @ScottBix
Who knew what, when? The IRS scandal flow chart, via @BloombergNews bloom.bg/Zabd3C

How to Humble a Wing Nut

bloomberg.com — There is no standard definition of the all-important term "wing nut," so let's provide one. A wing nut is someone who has a dogmatic commitment to an extreme political view ("wing") that is false and at least a bit crazy ("nut"). A wing nut might believe that George W.
Jess Zimmerman Grist List Editor, Grist @j_zimms
It's possible we can cure wingnuttery by making people realize how uninformed they are. is.gd/lQXX0M via @pbump
Kevin Kiley Reporter, Inside Higher Ed @kkiley
"if you ask people to explain exactly why they think as they do, they discover how much they don’t know" bloom.bg/13I2GVh
Philip Bump Writer, The Atlantic Wire, The Atlantic @pbump
Asking people with extreme political beliefs to detail their knowledge of the subject moderates their extremism. p-bu.mp/qul

Bloomberg Billionaires

bloomberg.com — The Bloomberg Billionaires Index is a daily ranking of the world's richest people.
Brendan Coffey Reporter, Bloomberg News @bpcoffey
RT @MG_Miller: World's 11 richest women control $223.5 billion. Check out this cool cut of the @BloombergNews #Billionaires Index: http://t…
Leo Rommel @leodrommel
RT @MG_Miller: World's 11 richest women control $223.5 billion. Check out this cool cut of the @BloombergNews #Billionaires Index: http://t…
Matthew Miller Billionaires Editor, Bloomberg News @MG_Miller
World's richest man = @BillGates, who passed @carlosslim Thur. The richest woman? @BloombergNews #Billionaires Index: bloomberg.com/billionaires/2…
Matthew Miller Billionaires Editor, Bloomberg News @MG_Miller
World's 11 richest women control $223.5 billion. Check out this cool cut of the @BloombergNews #Billionaires Index: bloomberg.com/billionaires/2…

Best Car Design Since 1960s Drive U.S. Market Share Gains

By Keith Naughton
bloomberg.com — In the dark winter months before General Motors Co. (GM) filed for bankruptcy four years ago, its top designer, Ed Welburn, was growing increasingly frustrated with the negative news about his company. He gathered his 300-member design staff in the cavernous domed showroom at the automaker's suburban Detroit studios for a serious, stand-up meeting.
Francine Lacqua Anchor, Bloomberg TV, Bloomberg News @flacqua
Best Car Design Since 1960s Drives U.S. Market Share Gain bloom.bg/14Lt5At via @BloombergNews
Keith Naughton Auto Reporter, Bloomberg BusinessWeek @KeithNaughton
@ralphgilles makes "a little noise." Best Car Design Since 1960s Drives U.S. Market Share Gain bloom.bg/14Lt5At via @BloombergNews
Deepa Seetharaman Autos Reporter, Reuters @dseetharaman
Best Car Design Since 1960s Drive U.S. Market Share Gains bloomberg.com/news/2013-05-2…
Jeff Green Detroit Bureau Chief and Reporter, Bloomberg News @JeffAGreen
@KeithNaughton gets his tail fins on: Best Car Design Since 1960s Drive U.S. Market Share Gains... fb.me/1HSCjb6Lo

ICE Joins CME Warning of Splits in Global Derivatives Rules

By Silla Brush
bloomberg.com — Top executives of the two largest U.S. derivatives exchanges say regulators must take further steps to align Dodd-Frank Act rules with those of foreign counterparts to avoid oversight splits that could harm markets. The Commodity Futures Trading Commission and overseas agencies have a few months to improve coordination before differences hurt business, IntercontinentalExchange Inc.
Shahien Nasiripour Chief Financial and Regulatory Correspondent , Huffington Post @nasiripour
RT @sabrush: ICE Joins CME Warning of Splits in Global Derivatives Rules - Bloomberg via @BloombergNow bloom.bg/14MHGeT
Christine Harper Chief Financial Correspondent, Bloomberg News @cr_harper
RT @sabrush: ICE Joins CME Warning of Splits in Global Derivatives Rules - Bloomberg via @BloombergNow bloom.bg/14MHGeT
Silla Brush Financial Regulation Reporter, Bloomberg News @sabrush
ICE Joins CME Warning of Splits in Global Derivatives Rules - Bloomberg via @BloombergNow bloom.bg/14MHGeT

London’s Best Dishes: Meat Fruit, Burgers to Eccles Cake

By Richard Vines
bloomberg.com — London is home to world-class restaurants with elaborate and original gastronomic creations. Sometimes, simpler pleasures are more appealing. Here are 30 dishes I enjoy. It's not a balanced list. It's not aimed at foodies. It's not comprehensive. These are a few of -- to quote Julie Andrews and Miles Davis -- my favorite things.
Niki O'Callaghan Multimedia Editor, Bloomberg News @nikiocallaghan
London’s Best Dishes: Meat Fruit, Burgers to Eccles Cake bloom.bg/14KGKaZ via @BloombergNews
Tim Hayward Food Writer, Guardian @timhayward
RT @Ape451: A great roll call of 30 favourite London dishes from @Richardvines: bloomberg.com/news/2013-05-2… I agree with just about all of them.
Mark Beech Rock Critic, Bloomberg News @Mark_Beech
London’s Best Dishes: Heston's meat fruit, squid burgers to Eccles Cake bloom.bg/14KGKaZ by @Richardvines my edit
Richard Vines Food Critic, Bloomberg News @Richardvines
London’s Best Dishes: Meat Fruit, Burgers to Eccles Cake bloomberg.com/news/2013-05-2… This is a roundup of some of my favourite dishes.

Pritzker’s $54 Million Family Trust Fee Seen as Unique

By Zachary Mider
bloomberg.com — Receiving $54 million in consulting fees for a decade's work on her own family's offshore trusts is unusual and probably saved U.S. Commerce Secretary nominee Penny Pritzker on taxes, according to estate experts.
Zachary Tracer Reporter, Bloomberg News @ZTracer
RT @zachmider: Did Obama nominee save on taxes by labeling a payout from family trusts a $54 million "consulting fee?" http://t.co/i8ziaRsx…
Zachary Mider Mergers and Acquisitions Reporter, Bloomberg News @zachmider
Did Obama nominee save on taxes by labeling a payout from family trusts a $54 million "consulting fee?" bloom.bg/14Lravx @mkmcollins
Michael Tackett Managing Editor, Washington, Bloomberg News @tackettdc
Pritzker’s $54 million family trust fee seen as rare bloom.bg/14Lravx

Danish Banks Start Campaign to Block Stricter Capital Rules

bloomberg.com — Denmark's banks are preparing a campaign that will target the country's lawmakers in an effort to prevent the nation exceeding European regulatory standards. Politicians from the government and opposition will this month be invited to a town hall meeting arranged by the Association of Danish Mortgage Banks to hear academics, industry representatives and business groups address the potential impact of the new rules, said Peter Jayaswal, a deputy director for the Copenhagen-based association.
Shahien Nasiripour Chief Financial and Regulatory Correspondent , Huffington Post @nasiripour
RT @roburban: Danish Banks Start Campaign to Block Stricter Capital Rules bloom.bg/117XnsH via @BloombergNews
Rob Urban Managing Editor, Bloomberg News @roburban
Danish Banks Start Campaign to Block Stricter Capital Rules bloom.bg/117XnsH via @BloombergNews
Christine Harper Chief Financial Correspondent, Bloomberg News @cr_harper
Danish banks start campaign to block stricter capital rules bloom.bg/117XnsH via @BloombergNews

Tornado South of Oklahoma City Devastates Schools, Homes

By Brian Sullivan , Michael Marois
bloomberg.com — Rescue workers clawed through mountains of rubble in a frantic search for survivors -- including dozens of missing children -- after a mile-wide tornado flattened an Oklahoma City suburb, destroying at least two schools and entire neighborhoods, damaging a hospital and sparking fires.
Nick Turner Technology Editor, Bloomberg News @SFNick
A tornado hitting a small Oklahoma town has now killed more people than any U.S. earthquake in my lifetime. By far. bloomberg.com/news/2013-05-2…
Christopher Spillane Tech Reporter, South Africa, Bloomberg News @ChrisSpillane
RT @BloombergNews: Death toll climbs to 90 after tornadoes rip through Oklahoma City | bloom.bg/18eEz1q
Scott Bixby Social Media Editor, Bloomberg BusinessWeek @ScottBix
The death toll from yesterday's tornadoes in Oklahoma City has reached 90 bloom.bg/18eEz1q
Jason Gale Health Reporter and Editor, Bloomberg News @jwgale
Death Toll Passes 90 After #Oklahoma Tornado Hits Suburb bloom.bg/14Kno5D via @BloombergNews
Michael Marois California Statehouse Reporter, Bloomberg News @MichaelMarois
Our latest on the Moore Oklahoma storm bloomberg.com/news/2013-05-2…
Show 2 more tweets from Tom Giles, Scott Bixby

Poland Shale Boom Falters as State Targets Higher Taxes: Energy

bloomberg.com — Poland 's shale gas boom is threatened even before it gets started after some wells failed and the government sought to increase taxes on profits. Of 39 wells planned for 2013, just two were drilled by May, Environment Ministry data show. The government plans to require that explorers take a state-run company as a production partner.
Conall O'Morain Sunday Business Show Presenter, Today FM @ConallOM
Tax Lessons 101 Poland Shale Boom Falters as State Targets Higher Taxes bloom.bg/14LSDNS via @BloombergNews
Adam Johnson Markets Reporter, Bloomberg News @AJInsight
Another Tale of High Taxes: RT @andypeaps Shale gas stalled in Poland bloomberg.com/news/2013-05-2…
Andrew Peaple Heard on the Street Writer, Wall Street Journal @andypeaps
Shale gas stalled in Poland bloomberg.com/news/2013-05-2…

Apple’s Offshore Entities Avoid Taxes, Senate Probe Finds

By Laura Litvan
bloomberg.com — Apple Inc. (AAPL) has created a web of offshore entities to avoid paying billions of dollars in U.S. taxes, including three foreign subsidiaries the company says have no home country for tax purposes, congressional investigators say. The world's most valuable technology company has $102 billion in offshore accounts and shifted billions in profits out of the U.S.
Richard Satran Senior Investing Editor, U.S. News & World Report @RichardSatran
Will Steve Jobs' legacy be 'greatest tax dodger in history'? #apple#tax#business#tech#Congres bloomberg.com/news/2013-05-2…
Rob Urban Managing Editor, Bloomberg News @roburban
Apple CEO to Take on Lawmaker Statements on Tax Avoidance bloom.bg/14KkXA3 via @BloombergNews
Jesse Drucker Investigative Reporter, Bloomberg News @JesseDrucker
#Apple CEO to Take on Lawmaker Statements on #Tax Avoidance bloom.bg/14KkXA3 via @BloombergNews #offshore
Laura Litvan Congressional and Political Reporter, Bloomberg News @LauraLitvan
3 Apple Inc. offshore subsidiaries have no "home" and so pay #taxes to no nation bloom.bg/14KkXA3 #WallStreet #politics
Tara Lachapelle Mergers and Acquisitions Columnist, Bloomberg News @taralach
Apple has a web of offshore entities to avoid paying billions in U.S. taxes: bloom.bg/14KkXA3 via @BloombergNews
Show 4 more tweets from Laura Litvan, Matt Robinson, Elizabeth Wasserman, Adam Satariano

GrubHub to Merge With Seamless as Food Orders Go Mobile

bloomberg.com — GrubHub Inc. and Seamless North America LLC, two of the top food-delivery websites in the U.S., have agreed to combine their companies to take on rivals in the growing market for online meal orders. GrubHub Chief Executive Officer Matt Maloney will become CEO of the merged group, and Seamless CEO Jonathan Zabusky will serve as president, the two said in an interview.
David Lepeska Freelance Journalist @dlepeska
Still no @yemeksepeti RT @bloombergnews: @GrubHub to merge with @Seamless as food orders go mobile bloom.bg/161KMQY
Vindu Goel Assistant Business Editor, New York Times @vindugoel
I guess this means my online grub will now arrive seamlessly more often. bloomberg.com/news/2013-05-2…
Jennifer Mascia Metro Desk Editor, New York Times @Jennifermascia
GrubHub Merging With Seamless as Food Orders Go Mobile - Bloomberg bloomberg.com/news/2013-05-2…
Chris Gayomali Science and Technology Editor, TheWeek.com, The Week Magazine @chrisgayomali
I'm probably wrong, but doesn't the Grubhub/Seamless merger make them a monopoly? bloomberg.com/news/2013-05-2…
Baz Hiralal Online Editor, The Deal @_BizBaz
GrubHub to Merge With Seamless as Food Orders Go Mobile bloom.bg/14IR432 via @BloombergNews
Show 11 more tweets from Matt Buchanan, Derek Flanzraich, Zachary Tracer, Ed Joyce, Jacqui Cheng, Shahien Nasiripour, Tim Rostan, Saumya Vaishampayan, Erick Schonfeld, Sarah Frier and others...

MetLife Says Low Rates Could Cost Annuity Unit $2.5 Billion

By Zachary Tracer
bloomberg.com — MetLife Inc. said continued low interest rates could cost the company about $2.5 billion after three-to-five years in the U.S. variable annuity business. The projection for the so-called deferred acquisition cost is based on Treasury rates holding at levels from September of last year, according to a regulatory filing today from New York-based MetLife, the largest U.S.
Ben Berkowitz Deputy Company News Editor, Americas, Reuters @BerkowitzRtrs
RT @ztracer: Here's what could happen at MetLife if rates stay lower for longer: bloom.bg/118yY6d via @BloombergNews $MET
Zachary Tracer Reporter, Bloomberg News @ZTracer
Here's what could happen at MetLife if rates stay lower for longer: bloom.bg/118yY6d via @BloombergNews $MET
More Stories