News agencies
Former House Speaker Newt Gingrich discusses his presidential campaign and the 2012 Republican primary, touching on issues such as job creation, the Obama administration's economic policies, and tax reform. Gingrich defends his own tax plan, which includes a 12.5% corporate tax rate and a zero capital gains
News agencies
Yahoo Inc. made a sudden change at the top on Tuesday, firing its CEO Carol Bartz after three years of stagnant growth, lost market share to rivals, and a failed partnership with Asian owners that hindered expansion in the world's largest web market. The decision follows a strategic
News agencies
Apple Inc., the Cupertino, Calif.-based maker of iPods and iPads, continues to hold the top position among the top 50 hedge funds in the U.S. for the second quarter, according to Citigroup Inc. The company also dominates the list of the largest mutual funds, with Wells Fargo &
News agencies
Stan Kasten, former president of the Atlanta Braves and Washington Nationals, discussed the failed sale of the New York Mets to David Einhorn on Bloomberg TV. The potential sale fell through due to differences in vision between Einhorn and the team's ownership group, the Wilpon family. Einhorn had
News agencies
Bank of America Corp. is undergoing a significant restructuring, selling a substantial portion of its stake in China Construction Bank Corp. to raise capital and comply with new international regulations. The move comes after a $5 billion investment from Warren Buffett's Berkshire Hathaway Inc. and a proposed $8.
News agencies
Central bankers from around the world gathered at the Federal Reserve Bank of Kansas City's annual Jackson Hole conference in Wyoming to discuss global economic issues. Harvard Professor Martin Feldstein, a renowned economist, joined Bloomberg News anchor Margaret Brennan and reporter Michael McKee to provide analysis on Fed
News agencies
The recent Berkshire Hathaway investment in Bank of America has sparked interest in the market, with many analysts weighing in on the implications of Warren Buffett's decision. In an interview with Bloomberg TV, Doug Cliggott, U.S. Equity Strategist at Credit Suisse, provided his perspective on the move,
News agencies
Research In Motion Ltd. (RIM) may attract interest from Samsung Electronics Co. and Microsoft Corp. after Google Inc.'s $12.5 billion deal for Motorola Mobility Holdings Inc. A sale could nearly double BlackBerry's value, according to analysts at Morgan Keegan & Co. RIM's decline
News agencies
Germany's economic adviser, Peter Bofinger, has emphasized the need for the European Union to introduce euro bonds to stabilize the financial markets and prevent a catastrophic scenario similar to the 2008 Lehman Brothers collapse. In a recent interview with Bloomberg TV, Bofinger stated that the European Union'
News agencies
The luxury market continues to defy economic downturn, with pricey clothing from Chanel and high-end Louboutin shoes flying off the shelves, even with marked-up prices. Auction houses are also reporting strong sales of goods such as wine and art, as investors seek tangible assets that may hold their value. Marc
News agencies
Senate Budget Committee Chairman Kent Conrad shared critical insights on the debt vote during an interview with Bloomberg TV on August 1, 2011. He emphasized the importance of the special Congressional committee in addressing the nation's debt and fiscal challenges. The committee's role in shaping the
News agencies
The smartphone industry is locked in a battle over intellectual property, with numerous patent lawsuits filed by major players, including Apple, Google, Rim, Microsoft, Samsung, and HTC. Google's Senior Vice President and General Counsel, Kent Walker, spoke with Bloomberg News anchor Emily Chang about the impact of this
