Most talked about Bloomberg News stories

Tim Cook: I'm Proud to Be Gay; Apple CEO Comes Out: Video

bloomberg.com — Apple Chief Executive Officer Tim Cook has acknowledged that he is gay for the first time in an essay written for the latest edition of Bloomberg Businessweek. Bloomberg Businessweek editor Josh Tyrangiel discusses being approached by Cook to tell his story and what prompted him to come forward at this point in time.
Oct 30, 2014

.@Tyrangiel on Tim Cook: "The backstory on it is pretty simple as well. He called and asked if I could come out." bloomberg.com/video/tim-cook…

Oct 30, 2014

Conflicting values of privacy and wanting to lead had gnawed at him -- @BW editor @Tyrangiel on Cook op-ed bloomberg.com/video/tim-cook…

Oct 30, 2014

Rsn for Cook op-ed now- he'd been thinking about for awhile,not a reax to anything/precip by any event per @Tyrangiel bloomberg.com/video/tim-cook…

Show 33 more tweets from Dina Bass, Brian Bremner and others...

Sterling Lads Chats Show FX Traders Matching Fix Orders

bloomberg.com — "Any fix quid?" a currency trader at Barclays Plc (BARC) asked a counterpart at HSBC Holdings Plc (HSBA) at 2:25 p.m. on June 23, 2011. "Get 50 cable on fix," he said as he tried to sell British pounds.
Oct 30, 2014

Bloomberg gives a peak into "Sterling Lads" FX chat room… on Bloomberg terminals bloomberg.com/news/2014-10-2…

Show 36 more tweets from Paul Cox, Ben Priechenfried and others...

While You Were Getting Worked Up Over Oil Prices, This Just Happened to Solar

bloomberg.com — Every time fossil fuels get cheaper, people lose interest in solar deployment. That may be about to change. After years of struggling against cheap natural gas prices and variable subsidies, solar electricity is on track to be as cheap or cheaper than average electricity-bill prices in 47 U.S.
Oct 30, 2014

"Gone are the days when solar panels were an exotic plaything of Earth-loving rich people." j.mp/1E5lmiF

Oct 30, 2014

BOOM: #Solar energy on track by 2016 to be as cheap/cheaper than fossil fuels in 47 U.S. states. bloom.bg/1nSOZzv

Oct 30, 2014

By 2016, solar will be as cheap or cheaper than conventional electricity in 47 states: bloom.bg/105omMC

Oct 30, 2014

RT @BloombergNews Solar will soon cost the same as conventional electricity in 47 US states: bloom.bg/1FVno6I

Show 60 more tweets from Dan Rodricks, Chris De Benedetti and others...

Economy in U.S. Grew 3.5% in Third Quarter, More Than Forecast

bloomberg.com — The economy in the U.S. expanded more than forecast in the third quarter, capping its strongest six months in more than a decade, as gains in government spending and a shrinking trade deficit made up for a slowdown in household purchases.
Oct 30, 2014

U.S. Economy Up 3.5% in 3rd Quarter, Capping Best 6 Months in Over a Decade  bloom.bg/1q2OxdK via @BloombergNews

Oct 30, 2014

Economy in U.S. Grew 3.5% in Third Quarter, More Than Forecast bloom.bg/1q2OxdK

Oct 30, 2014

Economy in U.S. Grew 3.5% in Third Quarter, More Than Forecast bloom.bg/1q2OxdK

Oct 30, 2014

Growth in the third quarter relied heavily on trade. Given the global outlook, how long can that last? bloom.bg/1q2OxdK

Show 1 more tweet from Andrew Mayeda

Fed Unshaken by Global Market Turmoil Bets on Job Gains

bloomberg.com — Federal Reserve officials dismissed recent turmoil in global financial markets, and focused instead on "solid" employment gains that will keep them on a path toward an interest-rate increase next year. A majority of U.S.
Oct 30, 2014

Fed Unshaken by Global Market Turmoil Bets on Job Gains bloom.bg/1tE2iED

Oct 30, 2014

Janet Yellen looks past October's turmoil and sees a bright US economy -- and higher rates bloom.bg/1tE2iED @ctorresreporter

Oct 30, 2014

#Fed Unshaken by Global Market Turmoil Bets on Job Gains - Bloomberg mobile.bloomberg.com/news/2014-10-2…

Show 1 more tweet from Lisa Abramowicz

Hong Kong Government Wages War of Attrition Against Protesters

bloomberg.com — Tap for Slideshow After tear gas and talking failed to dislodge all of Hong Kong's pro-democracy protesters in the first four weeks, the government has entered the second month of the demonstrations with Plan C: a war of attrition.
Show 11 more tweets from Darren Boey, Sunil Jagtiani and others...

Louisiana’s Message to Top Ebola Reseachers? Don’t Come.

bloomberg.com — Louisiana has a message for many of the scientists and medical experts studing Ebola and aiding efforts to fight the deadly virus in West Africa -- stay away. The state sent a letter yesterday to members of the American Society of Tropical Medicine and Hygiene, which is holding its annual conference in New Orleans next week.
Oct 30, 2014

the people who joined Obama on an East Room podium Bobby Jindal doesn’t even want in his state bloomberg.com/news/2014-10-2…

Show 18 more tweets from Sarah McGregor, Karen Beninato and others...

Why Oil Prices Went Down So Far So Fast

bloomberg.com — The reasons oil prices started sliding in June were hiding in plain sight: growth in U.S. production, sputtering demand from Europe and China, Mideast violence that threatened to disrupt supplies and never did. After three-and-a-half months of slow decline, the tipping point for a steeper drop came on Oct.
Show 9 more tweets from James Herron, Jonathan Burgos and others...

Kim Jong Un Extends Family Habit of North Korean Purges

By Sam Kim
bloomberg.com — North Korean leader Kim Jong Un shares a family trait with his father and grandfather: a penchant for purges to hold onto absolute power. Since the reclusive nuclear nation's founding in 1948 the Kims have eliminated people perceived as a threat to their cult of personality. Charges have ranged from spying for the U.S.
Oct 30, 2014

Kim Jong Un Extends Family Habit bloom.bg/1vhon8L via @BloombergNews watching South Korean soap operas proves fatal in Pyongang

Oct 30, 2014

RT @BloombergNews: How watching South Korean soap operas can prove fatal in Pyongyang under Kim Jong Un. bloom.bg/1weRCNW

Oct 30, 2014

How watching South Korean soap operas can prove fatal in Pyongang under Kim Jong Un. A nice read from Sam Kim. bloom.bg/1vhon8L

Oct 30, 2014

There's keeping things in the family, and then there's: #KimJongUn Extends Family Habit of North #Korean Purges bloom.bg/1vhon8L

Show 8 more tweets from Tim Sullivan, Lars Klemming and others...

Greece’s Euro Dilemma Is Back as Minister Signals Volatil

bloomberg.com — Greek bond investors face a rollercoaster ride for the next four months as the government tries to contain the risk of snap elections, Minister of Administrative Reform Kyriakos Mitsotakis said. Prime Minister Antonis Samaras has until February to pull together a supermajority in the national parliament to elect a new president or the anti-bailout opposition party Syriza will force a snap election.
Oct 30, 2014

There will be a climate of uncertainty until February. Greece’s Euro Dilemma Is Back as Minister Sees Volatility bloom.bg/1E4x6Sn

Show 3 more tweets from Ben Sills, Ben Sills and others...

Evonik Said Eyeing DSM Purchase Amid Chemical Deals Hunt

bloomberg.com — Evonik Industries AG (EVK) is exploring an acquisition of Dutch competitor Royal DSM NV as Germany 's second-biggest chemicals maker seeks a large European target, according to people familiar with the matter.
Oct 30, 2014

Remember Evonik, the resin maker that delivered a scare for the auto industry a few years ago? Now it's hunting deals bloom.bg/1viEEuc

Oct 30, 2014

RT @simonthiel: Great scoop by @ak_mna @JCMcCracken @chemicalandi Evonik Said Eyeing DSM Purchase Amid Chemical Deals Hunt - bloom.bg/1viEEuc

Oct 30, 2014

Evonik Said Eyeing DSM Purchase Amid Chemical Deals Hunt tinyurl.com/p7c3jbd via BloombergNews @chemicalandi @ak_mna

Show 1 more tweet from Angela Cullen

Diamond Dealers Using Web Shed Light on Murky Gem Trade

bloomberg.com — Six diamond dealers meet to bargain over $1.5 million of uncut stones. They're not in Tel Aviv or Antwerp. They're in the cloud. In an online trading room that resembles an EBay Inc. auction, deals worth millions are sealed with a click. The button is marked 'mazal,' Hebrew for luck, and a holdover from the old ways.
Oct 30, 2014

RT @JP_Riseborough: 6 diamond dealers meet to bargain over $1.5mln of uncut stones. Not in Antwerp or Tel Aviv but the cloud @tbiesheuvel ow.ly/Dyvyc

Oct 30, 2014

6 diamond dealers meet to bargain over $1.5mln of uncut stones. Not in Antwerp or Tel Aviv but the cloud @tbiesheuvel ow.ly/Dyvyc

Show 1 more tweet from Emma Ross-Thomas

The Future of Political Advertising is Here

bloomberg.com — The blunt tool of television advertising is getting sharpened in this year's midterms. The latest craze: Allowing a candidate to target you and your neighbor with completely different messages-even if you're watching the same show, at the same time, on the same block. DISH Network Corp.

Fed Ends QE While Keeping ‘Considerable Time’ Low-Rate Pledge

bloomberg.com — The Federal Reserve confirmed it will end an asset-purchase program that has added $1.66 trillion to its balance sheet and maintained a pledge to keep interest rates low for a "considerable time." "Labor market conditions improved somewhat further, with solid job gains and a lower unemployment rate," the Federal Open Market Committee said today in a statement in Washington.
Oct 29, 2014

RT @BloombergNews: Federal Reserve ends $1.6T round of quantitative easing, maintains commitment to low rates for 'considerable time': bloom.bg/1zfzjur

Show 11 more tweets from Ryan Hutchins, Jeff Kearns and others...

Swiss Boards Command Top Pay as Members Refuse ‘Peanuts’

bloomberg.com — When 54-year-old Christoph Franz stepped down as German airline Deutsche Lufthansa AG's chief executive officer to take on a supervisory role as chairman of Swiss drugmaker Roche Holding AG (ROG), he tripled his salary. Franz, who now earns 4 million francs ($4.2 million) base salary a year, compared with 1.2 million euros ($1.5 million) at Europe's second biggest airline, isn't alone.

3 Oculus Rift Apps That Prove Virtual Reality Goes Far Beyond Gaming

bloomberg.com — Stock traders could one day get an idea of how their portfolios are doing simply by looking up to see if it's raining. At least, that's the idea behind Fidelity Investments' virtual stock city, a software prototype that lets people navigate their investments by putting on an Oculus Rift headset and studying the weather, the flight paths of virtual birds and the heights of the buildings.
Oct 29, 2014

RT @marcsidwell: Fidelity Investments goes all Neuromancer with its stock city app for the Oculus Rift bloom.bg/1vhonWs via @BloombergNews

Show 10 more tweets from Marc Sidwell, Tom Mallory and others...

Fewer Americans Filed for Jobless Benefits in Last Four Weeks

bloomberg.com — Fewer Americans filed applications for unemployment benefits over the past month than at any time in more than 14 years, a sign the strengthening U.S. economy is buoying the labor market. The four-week average of jobless claims, a less-volatile measure than the weekly figure, fell to 281,000 in the period ended Oct.

SodaStream to Close Factory at Center of Israel-Palestinian Spat

bloomberg.com — SodaStream International Ltd. will close a factory in a settlement of Israel 's West Bank, handing a victory to international campaigners who have called on consumers to boycott the company's soda machines. The plant in the industrial zone of Mishor Adumim will shut after the company opted to relocate its operations there and in Alon Tavor, northern Israel, by late 2015.
Oct 30, 2014

SodaStream Closing West Bank Factory Targeted by Boycotts in ScarJo Split - Bloomberg via @BloombergNews bloom.bg/1tD9Jw0

Oct 30, 2014

RT @OmarBaddar: YES! #SodaStream to shut down factory built in illegal Israeli settlement on occupied Palestinian land: mobile.bloomberg.com/news/2014-10-2… #BDS

Oct 29, 2014

SodaStream Closing West Bank Factory Targeted by Boycotts in ScarJo Split bloom.bg/1tD9Jw0 via @BloombergNews #BDS #Israel

Show 15 more tweets from Lora Kolodny, Christiana Sciaudone and others...

Boat Cruise for Chile Elite Shows Women Still in Steerage

bloomberg.com — Chilean political and business leaders decamped to London for two days this month to attract foreign investors and showcase the best the Latin American country has to offer. That didn't include many women.
Oct 30, 2014

RT @ethomson1: Chile Day “a reflection of the current reality,” and by that we mean very few women at top jobs bloom.bg/1tFc3T7 via @BloombergNews