Most talked about Bloomberg News stories

Are Toilets and Bank Accounts Connected? In India, Yes

bloomberg.com — Prime Minister Narendra Modi's plan to develop India includes creating toilet access for all 1.2 billion people and opening a bank account for every adult who doesn't already have one. India's state-owned lenders are being called on to do both, threatening to erode profits and add expenditures at firms saddled with nonperforming loans.

Manhattan Homebuyers Pay Up as Sales Top Listing Price

bloomberg.com — Manhattan apartment prices rose 4.2 percent in the third quarter, bolstered by buyers who increasingly agreed to pay what sellers were asking or more. The median sale price of condominiums and co-ops was $908,242, up from $872,000 a year earlier, according to a report today from appraiser Miller Samuel Inc.

Fed’s E-Mails Reveal Worry About Bailout Transaction

bloomberg.com — U.S. regulators feared they lacked authority to structure the rescue of American International Group Inc. in a way that would allow them to take control of the insurer and head off shareholder opposition, according to e- mails introduced as part of a Starr International Co. lawsuit.