Business

Poll: Large majorities of Americans oppose repeal of net neutrality rules

APTOPIX Net Neutrality Rally

On the eve of a pivotal vote that would deregulate the broadband industry, a fresh survey from the...

Business

More than $600,000 spent on police gear for pipeline protest

Pipline Protest Purchases

BISMARCK, N.D. (AP) — North Dakota law enforcement purchased more than $600,000 worth of body armor, tactical equipment and crowd control devices during the height of protests against the Dakota Access oil pipeline, state invoices show. The purchases, tallied by The Associated Press from invoices...


Business

Sign-ups show health law's staying power in Trump era

Health Overhaul Sign-ups

WASHINGTON (AP) — A deadline burst of sign-ups after a tumultuous year for the Obama health law has revealed continued demand for the program’s subsidized individual health plans. But the Affordable Care Act’s troubles aren’t over. On the plus side for the overhaul, official numbers showed a...


Business

For GOP, tax bill's most visible win may be averting failure

Congress Taxes Politics

WASHINGTON (AP) — Despite the sheer size and society-spanning impact of the $1.5 trillion tax overhaul, the quickest and most potent political victory that Republicans would savor by pushing the bill through Congress next week may be what it averts: another big GOP legislative crash in the age of...


Business

The hot spots that defined a year of emerging-market ebullience

(c) 2017, Bloomberg. 2017 is set to go down as the year when easy monetary policy and budding global growth came together to deliver blockbuster returns for the world’s emerging markets. Currencies and stocks in developing economies are on track for their biggest rallies in eight years as even the...


Business

Death of a hedge fund: why the original model is fading fast

(c) 2017, Bloomberg. The long and short on hedge funds is that long and short isn’t working so well anymore. That’s the rather simple strategy that built the $3.2 trillion industry - the once-durable buying long when you figure an equity will go up and selling short when you reckon the opposite -...


Business

Bought Apple stock in 1980? Held it? Don't brag

(c) 2017, Bloomberg. Thirty-seven years ago this week, Apple went public, raising a little over $100 million by selling its stock for $22 a share ($2.75 on a split-adjusted basis). The sale was as eagerly anticipated as any initial public offering, including those of other tech innovators like...


Business

World's largest water diversion plan won't slake China's thirst

(c) 2017, Bloomberg. Autumn rains came too late to save the stunted stalks of Shu Xinguo’s corn crop, withered by a dry July growing season. “We rely on the weather for our living,” said Shu, weary and resigned, his tanned hands hoisting bundles of his remaining crop -- green and yellow tobacco...


Business

Analysis: How Trump's tax plan could push more jobs overseas

(c) 2017, The Washington Post. On the Friday before Thanksgiving, Kenny Johnson left the Nelson Global Products plant in Clinton, Tennessee, for the last time. Having devoted nearly 13 years to making tractor-trailer exhaust pipes, Johnson, 41, spent some of his final weeks at the plant watching...


Business

Sen. Collins takes huge leap of faith with tax bill. Critics say she's getting played

(c) 2017, The Washington Post. WASHINGTON - As GOP tax legislation nears final passage on Capitol Hill, Sen. Susan Collins is approaching the moment for a mighty leap of faith. The Maine Republican extracted key concessions in exchange for her support for the bill, including commitments from the...


Business

SpaceX 1st: Recycled rocket soars with recycled capsule

Space Station

CAPE CANAVERAL, Fla. (AP) — SpaceX racked up another first on Friday, launching a recycled rocket with a recycled capsule on a grocery run for NASA. The unmanned Falcon rocket blasted off with a just-in-time-for-Christmas delivery for the International Space Station, taking flight again after a six-...


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