Most talked about Bloomberg News stories

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Jan 27, 2015

it hurts! MT @Tyrangiel: I know people are digging the error pages bloomberg.com/500 but our actual working pages are good too!

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Welcome to Bloomberg Business

bloomberg.com — We're excited to finally share a project that thousands of journalists, developers, photographers, videographers, and many others have been hard at work on over the last several months. Bloomberg Business fuses the best of Bloomberg News, Businessweek, Bloomberg TV, Bloomberg Graphics, and new digital content into a single destination dedicated to one thing: delivering the news you need at the right time, in the right place, and in the right way.
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Boom: Inside a British Bank-Bombing Spree

bloomberg.com — Along the western coast of England, under a half-moon hidden by clouds, a dark Audi sports car with fabricated plates followed an empty road toward a Barclays bank. Inside were five men, dressed all in black, and their gear: crowbars, power tools, coils of flexible tubing, and two large tanks of explosive gas.
Jan 28, 2015

RT @MattCampbel: Turns out you can, in fact, get all the money out of an ATM by just blowing it up. Wild story: bloomberg.com/graphics/2015-…

Jan 28, 2015

RT @AndyMacaskill: Boom: the story of a British Bank-Bombing Spree. Excellent reporting and graphics bloomberg.com/graphics/2015-…

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China Accuses Alibaba of Lax Oversight of Merchants

bloomberg.com — (Bloomberg) -- Alibaba Group Holding Ltd. failed to properly oversee merchants and allowed the sale of counterfeit products on its e-commerce platforms, according to a Chinese government report. Many merchants didn't apply for a business license and misled consumers during holiday promotions, including the Nov.
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Greece's Coming Clash in Europe Starts With Russia Sanctions

bloomberg.com — (Bloomberg) -- Greece's new government questioned moves to impose more sanctions on Russia, adding a foreign-policy angle to its challenge to the status quo in Europe. Prime Minister Alexis Tsipras's Syriza-led coalition said it opposed a European Union statement issued in Brussels Tuesday paving the way to additional curbs on the Kremlin over the conflict in Ukraine, and complained it hadn't been consulted.
Jan 28, 2015

#Greece can offset its financial weakness by threatening use of veto power e.g. on #Russia bloomberg.com/news/articles/…

Jan 28, 2015

So you think this story is making Germany less or more inclined to help save Greece? bloomberg.com/news/articles/…

Jan 28, 2015

Gearing up for a showdown ... Greece's coming clash in Europe starts with Russia sanctions bloomberg.com/news/articles/…

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Obama Said to Drop Plan to Repeal 529 College Savings Tax Break

bloomberg.com — President Barack Obama will drop his proposal to tax the earnings on college savings accounts, said a White House official who spoke on condition of anonymity. Obama had proposed to use the proceeds to expand separate tax credits for college students.
Jan 27, 2015

RT @katherinelong: Obama admin. dropping proposal to tax GET and other college savings plans, Bloomberg reports bloom.bg/1EO6ZiF

Jan 27, 2015

Obama admin. dropping proposal to tax GET and other college savings plans, Bloomberg reports bloom.bg/1EO6ZiF

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Here’s How Apple’s $18 Billion IPhone-Fueled Profit Stacks Up

bloomberg.com — Apple Inc. (AAPL) reported a record $18 billion in quarterly profit today, fueled by holiday sales of larger-screened iPhones. Just how does that three-month haul stack up? Here are some comparisons by the numbers: * It's on par with the gross domestic product of Yemen, according to the World Bank.
Jan 27, 2015

RT @sarahfrier: Apple's quarterly PROFIT is equal to the GDP of Yemen, the debt of Detroit, and other fun things: bloom.bg/1yLODxU via @satariano

Jan 27, 2015

Apple's $18 billion quarter is worth: The FDA's annual budget + The Dallas Cowboys + The New York Yankees + Lots more bloom.bg/1uyZdTH

Jan 27, 2015

Apple's quarterly PROFIT is equal to the GDP of Yemen, the debt of Detroit, and other fun things: bloom.bg/1yLODxU via @satariano

Jan 27, 2015

RT @satariano: Apple's $18b quarterly profit could have paid off Detroit's debts. bloom.bg/1yLODxU

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Yahoo Unveils Tax-Free Spinoff of Its Holding in Alibaba

bloomberg.com — Yahoo! Inc. (YHOO) plans to spin off, tax-free, its entire stake in Alibaba Group Holding Ltd. (BABA), seeking to maximize its return of cash to shareholders and minimize taxes on the sale.
Jan 27, 2015

RT @BloombergTech: Yahoo CEO Marissa Mayer's answer to investors clamoring for cash: A tax-free spinoff ow.ly/I3bst

Jan 27, 2015

RT @brianwomack: Wall Street lovin' Yahoo's Alibaba move. The core business? Not so great.... bloom.bg/1JZ1w9Q

Jan 27, 2015

RT @brianwomack: Wall Street lovin' Yahoo's Alibaba move. The core business? Not so great.... bloom.bg/1JZ1w9Q

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Medicinal Pot Takes Over Giant Hershey Plant in Canada

bloomberg.com — An exclusive look inside the giant medical marijuana facility at the old Hershey factory in Smith Falls, Ontario, Canada.
Jan 28, 2015

RT @TheStalwart: another great thing about the new site is the gorgeous layout for photo essays. bloomberg.com/news/photo-ess…

Jan 28, 2015

another great thing about the new site is the gorgeous layout for photo essays. bloomberg.com/news/photo-ess…

Jan 28, 2015

RT @JesseDrucker: An old 500,000-square-foot Hershey factory is about to start producing a lot of marijuana bloom.bg/1Cfdhtt

Jan 28, 2015

An old 500,000-square-foot Hershey factory is about to start producing a lot of marijuana bloom.bg/1Cfdhtt

Jan 28, 2015

RT @business: An old 500,000-square-foot Hershey factory is about to start producing a lot of marijuana bloom.bg/1Cfdhtt http://t.co/jdqlkjyU1p

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Here’s How Apple’s $18 Billion IPhone-Fueled Profit Stacks Up

bloomberg.com — (Bloomberg) -- Apple Inc. reported a record $18 billion in quarterly profit today, one of the biggest in corporate history, fueled by holiday sales of larger-screened iPhones. Just how does that three-month haul stack up? Here are some comparisons by the numbers: * It's on par with the gross domestic product of Yemen, according to the World Bank.
Jan 28, 2015

#Apple's $18b quarterly profit is equal to the gross domestic product of Yemen and other fun facts... via @business bloomberg.com/news/articles/…

Jan 28, 2015

RT @business: Apple's $18 billion quarter is worth: The FDA's annual budget + The Dallas Cowboys + The New York Yankees + Lots more bloom.bg/1uyZdTH

Jan 27, 2015

RT @business: Apple's $18 billion quarter is worth: The FDA's annual budget + The Dallas Cowboys + The New York Yankees + Lots more bloom.bg/1uyZdTH

Jan 27, 2015

Here’s How Apple’s $18 Billion IPhone-Fueled Profit Stacks Up - Bloomberg via @business bloom.bg/1yLODxU

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Villages Vanish as Conflict Engulfs Central African Republic

bloomberg.com — (Bloomberg) -- Suzanne Kourma has lived through multiple coups, brutal dictatorships and human rights atrocities in her 80 years in the Central African Republic. None of them were as bad as the violence she's witnessed over the past two years.

Greece’s New Finance Minister Says Euro Is Like Hotel California

bloomberg.com — It's no secret what Yanis Varoufakis thinks Greece should do with its debt. The economics professor at the University of Athens, who announced his appointment as the country's finance minister in a posting on his personal blog on Tuesday, has been arguing since the beginning of the crisis that Greece should default while staying a member of the euro area.
Jan 27, 2015

Greece's new finance minister quotes The Eagles' Hotel California when describing its relationship with the Euro bloom.bg/1yL1LDv

Jan 27, 2015

Not such a lovely place? Like Hotel California, Greece can't leave Eurozone, says finance minister @yanisvaroufakis: bloomberg.com/news/2015-01-2…

Jan 27, 2015

RT @elidourado: Wow. Yanis Varoufakis, the economist for the video game company Valve, is Greece’s new finance minister. bloomberg.com/news/2015-01-2…

Jan 27, 2015

RT @elidourado: Wow. Yanis Varoufakis, the economist for the video game company Valve, is Greece’s new finance minister. bloomberg.com/news/2015-01-2…

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U.K. Parties Bang on About Deficit, But Do Voters Listen?

bloomberg.com — (Bloomberg) -- With 99 days to go until elections, David Cameron and Ed Miliband have chosen the deficit as the main arena in which to slug it out over who's best able to lead Britain. Voters like Bob Coulson say they're missing the point.

Get Ready for the Return of Risky-Mortgage Bonds: Credit Markets

bloomberg.com — (Bloomberg) -- The business of bundling riskier U.S. mortgages into bonds without government backing is gearing up for a comeback. Just don't call it subprime. Hedge fund Seer Capital Management, money manager Angel Oak Capital and Sydney-based bank Macquarie Group Ltd.
Jan 28, 2015

RT @jamesafrost: Macquarie to start bundling risky US mortgages into investment products. Just don't call it subprime bloomberg.com/news/articles/…

Jan 27, 2015

Subprime Bonds Are Back With Different Name Seven Years After U.S. Crisis bloomberg.com/news/articles/…

Jan 27, 2015

RT @JodyShenn: Subprime Bonds Are Back With Different Name Seven Years After U.S. Crisis bloomberg.com/news/articles/… via @business

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Singapore Joins Global Wave of Monetary Easing After Prices Fall

bloomberg.com — Singapore 's central bank unexpectedly eased monetary policy, joining global policy makers in acting to support their economies as inflation dwindles. The currency headed for the biggest slide in almost three years. In an unscheduled policy statement Wednesday, the Monetary Authority of Singapore, which uses the currency as its main policy tool, said it will reduce the slope of the policy band for the island's dollar.
Jan 27, 2015

RT @JamesGRickards: #CurrencyWars are the gift that keeps giving. Now #Singapore cuts rates, trashes currency, joins the crowd. bloom.bg/1y3FCMV

Jan 27, 2015

RT @clemtan: Singapore Dollar Slumps Most in 3 Years on Easing of Monetary Policy bloom.bg/1yLZpnX Is there a race going on to surprise markets?

Jan 27, 2015

Singapore Dollar Slumps Most in 3 Years on Easing of Monetary Policy bloom.bg/1yLZpnX Is there a race going on to surprise markets?

Jan 27, 2015

RT @justinaknope: Central banks are full of surprises these days--#Singapore Dollar Slumps Most in 3 Years as Monetary Policy Eases bloom.bg/1yLZpnX

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JPMorgan Said to Reap Up to $300 Million Gain Amid Swiss Turmoil

bloomberg.com — JPMorgan Chase & Co. (JPM)'s foreign-exchange traders reaped a gain of as much as $300 million after the Swiss central bank roiled markets by abolishing its cap on the franc, according to two people with knowledge of the matter.
Jan 27, 2015

RT @jesseahamilton: JPMorgan Said to Reap Up to $300 Million Amid Swiss Turmoil bloom.bg/1CKkO2t via @business $JPM

Jan 27, 2015

JPMorgan Said to Reap Up to $300 Million Amid Swiss Turmoil bloom.bg/1CKkO2t via @business $JPM

Jan 27, 2015

JPMorgan's FX traders said to have netted $250M to $300M on day of surprise move by Swiss central bank. bloomberg.com/news/2015-01-2…

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Google, Biogen Seek Reasons for Advance of Multiple Sclerosis

bloomberg.com — Google Inc. (GOOG), expanding its foray into medical research, will join multiple sclerosis drugmaker Biogen Idec Inc. (BIIB) to study environmental and biological contributors to the debilitating disease's progression. The collaboration is the second major pharmaceutical partnership for the life science division of Google X labs, which has hatched Google Glass and self-driving cars.
Jan 27, 2015

RT @aawayne: Scoop by @CarolineYLChen: Google's going into biotech, targeting multiple sclerosis. bloomberg.com/news/2015-01-2… $GOOG

Jan 27, 2015

Google enters Biotech with Biogen alliance to study Multiple Sclerosis bloom.bg/1z646rr @CarolineYLChen $GOOG $BIIB @business

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Tennis Player Approached on Facebook by Fixers Offering $17,000

bloomberg.com — (Bloomberg) -- A Spanish tennis player was banned for five years for match-fixing after an official seized a computer containing incriminating Skype Inc. messages by him, according to a court judgment. Guillermo Olaso lost his appeal against the ban for fixing in October at the Court of Arbitration for Sport in Lausanne, Switzerland.

Indian Central Banker Ranges Far From Monetary Policy to Shape Nation's Debates

bloomberg.com — (Bloomberg) -- Indian central bank Governor Raghuram Rajan has plenty of ideas on how Prime Minister Narendra Modi should boost economic growth, and he's not afraid to share them.
Jan 28, 2015

@business's ace economy reporter in India @srastello on Raghuram Rajan heading off the beaten track bloomberg.com/news/articles/… via @business

Jan 27, 2015

#Rajan has ideas for India and he's not afraid to share them. My story with @unnique: bloomberg.com/news/articles/… via @business

Jan 27, 2015

Rajan Ranges Far From Monetary Policy to Shape India’s Debates - via @business bloom.bg/1CKFIP8 smart piece by @srastello + @unnique