-China's Sina Weibo reverses gay content clean-up after outcry

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-China's Sina Weibo reverses gay content clean-up after outcry

BEIJING, April 16 (Reuters) – China's Sina Weibo on Monday reversed a decision to remove gay content after outcry among gay Chinese who say the company had smeared homosexuality by lumping it with pornography as it tried to meet government censorship …
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Short Selling as a Business Model

Twelve years ago, my now-Bloomberg colleague Joe Weisenthal proposed that startups that planned to disrupt an established industry should short the stock of the incumbents in that industry. That way, if they were right — if they were able to undercut big established public companies — then they'd get
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Merck Cements Lead in Lung Cancer With Bristol-Myers Fizzling

Merck & Co. might have just shut the door on rival Bristol-Myers Squibb Co. as investors weigh new data that could reshape the treatment of lung cancer, by far the deadliest form of disease in the U.S.. Merck's Keytruda with chemotherapy showed “practice-changing” results in a study presented at the
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Trump Touts Tax Deal at Miami Small Business Event (Audio)

Mike Dorning, Bloomberg News deputy White House team leader, discusses President Trump's Monday event in Florida, where he touted the GOP tax overhaul plan. Later in the week, Trump will be meeting with Japanese leader Shinzo Abe at his resort in Palm Beach, where they will address global
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Trump Plans to Name Pimco's Richard Clarida as Fed Vice Chair

13 Bloomberg Television interview, he reckoned that rate in the U.S. is now closer to 2 percent than to 3 percent. Fed policy makers, in contrast, peg the neutral rate at 2.9 percent, according to the median projection of officials in March. He saw a chance in that interview that the Fed could raise interest
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