That is a recipe for budget destruction, warn Bloomberg's editors. Of course, it's possible Italy's new leaders will struggle to pass much of what they've promised. But to the extent Italy does manage to set its budget on fire, Crook points out, it can be a bigger menace to the strength of the European Union
See Original Article

Greg Stohr, Bloomberg News Supreme Court reporter, discusses a close Supreme Court verdict, in which a divided court ruled that employers can force workers to opt for individual arbitration instead of class action lawsuits to press legal claims. He speaks with Bloomberg's June Grasso on Bloomberg
See Original Article

Lloyd Blankfein seems reluctant to surrender the reins of Goldman Sachs. After 12 years as chairman and chief executive of the sharpest-clawed of Wall Street's financial beasts, that is not surprising.
See Original Article

Spencer Waller, director of the Institute for Consumer Antitrust Studies at Loyola University Chicago, discusses a “60 Minutes” report, which highlights the monopolistic tendencies of Google, which has already faced legal action from the European Union. He speaks with Bloomberg's June Grasso on
See Original Article

If you ever wanted to know what the opposite of Barack Obama's Iran strategy would look like, I recommend Mike Pompeo's speech Monday at the Heritage Foundation. In his first major address as secretary of state, Pompeo outlined a new strategy that overturns three key assumptions that underpinned
See Original Article