Most talked about Bloomberg News stories

Dirty Secret of $1 Trillion Loans Is When Do You Get Money Back

bloomberg.com — Imagine a trillion-dollar market that runs on faxes and phone calls while routinely tying up investors' money for months before they get any return. That's not fiction: It's the unregulated market for leveraged corporate loans.
Sep 18, 2014

Banks aren't rushing to junk fax machines b/c inefficiency is lucrative in $1 trillion loan market bloom.bg/1uIk21F @LisaAbramowicz1

Sep 18, 2014

RT @Matthew_Winkler: Dirty secret of $1 trillion loans is when do you get money back bloom.bg/1yinmV9 via @LisaAbramowicz1

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College Debt Leaves Generation X Grads Less Wealthy Than Parents

bloomberg.com — Most college-educated 30- and 40-somethings earn more than their parents did at the same age, yet they're saving less. Student debt is partly to blame. While 82 percent of Generation X Americans with at least a bachelor's degree earn more than their parents did, just 30 percent have greater wealth.

Wal-Mart Mexico Unit Probed on Complaints of Cockfight in Store

bloomberg.com — Wal-Mart de Mexico SAB, the country's biggest retailer, is being investigated by local officials after shoppers complained that a store hosted a cockfight to promote a soda company. Walmex faces fines of as much as 96,000 pesos ($7,250) if found responsible, said Jose Luis Hernandez, commercial director of the city of Boca del Rio, where betting on fighting roosters is illegal.
Sep 18, 2014

Even if "roosters weren't armed with blades" and there was no betting, it's still a #cockfight, no? #Walmart #Mexico bloomberg.com/news/2014-09-1…

Sep 18, 2014

RT @Phil_Mattingly: No way a Wal-Mart in Mexico hosted a cockfight as a promotional tool.... Oh. They did. bloomberg.com/news/2014-09-1…

Sep 18, 2014

RT @Phil_Mattingly: No way a Wal-Mart in Mexico hosted a cockfight as a promotional tool.... Oh. They did. bloomberg.com/news/2014-09-1…

Sep 18, 2014

No way a Wal-Mart in Mexico hosted a cockfight as a promotional tool.... Oh. They did. bloomberg.com/news/2014-09-1…

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California’s Brown Signs Bill to Triple Film Tax Credits

bloomberg.com — California will offer $330 million in annual tax credits starting next year, more than tripling the state's incentives to retain film and television production. Governor Jerry Brown signed the measure in Hollywood today to boost tax incentives from $100 million.