Topic: Bloomberg LP
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10 must-read books about higher education in America
Check out these 10 books for a thorough grounding in where higher education stands in the US today.
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Facebook IPO: Six key dates in its debacle
Facebook's first week as a publicly traded company will go down as a terribly botched corporate launch, perhaps one of the worst in recent history for such a highly visible entity. Eight days ago, it was the tech world's most highly anticipated initial public offering in eight years. Now, the social media company faces mounting legal woes and serves as an embarrassing example of how not to run an IPO. Despite rising insider pessimism about its growth prospects, Facebook kept boosting its asking price and the number of shares it would sell. The result: billions of dollars in losses; investigations by two congressional committees, the Securities and Exchange Commission (SEC), an industry watchdog, and the state of Massachusetts; at least 13 class-action lawsuits; and thousands of resentful shareholders who days later still were unsure how many Facebook shares they had or at what price. Here are six key dates in Facebook's unfolding IPO disaster.
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Bill Clinton: 5 reasons he is helping Obama
Four years ago, former President Clinton got his knuckles rapped for calling Sen. Barack Obama's presidential aspirations a "fairy tale." Now the 42nd president is appearing on the stump with No. 44. Here are five reasons for Mr. Clinton to go all out for the newest member of the Presidents Club.
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Unemployment rate: How many Americans are really unemployed?
It depends on which measurement you use. For most people, the ability to find a job is the most basic sign of a healthy economy. Changes in the unemployment rate signal whether getting a job is becoming harder or easier for US workers. But other numbers, also sent out by the Labor Department on the first Friday of each month, offer additional barometers to watch. Here are five ways to measure the jobless problem, with the latest numbers plugged in.
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China's new leaders to tighten Internet restrictions
This week, China's legislature considered a measure that would require Internet users to register their real names, just one of several efforts by the new communist leadership to tighten control over the Internet.
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GOP cracks in higher taxes for the wealthy?
House Speaker John Boehner has joined Senate Minority Leader Mitch McConnell in signaling that the Bush-era tax cuts for 'millionaires and billionaires' – President Obama’s favorite campaign target for additional federal revenues – should be allowed to expire at year’s end.
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Sandy Hook school shooting: Few easy answers for a violent culture (+video)
Adam Lanza, a troubled 'genius,' reportedly shot and killed 20 elementary school pupils and seven adults, including his mother, before killing himself in Newtown, Conn., on Friday. The national tragedy has sparked a search for ways to stop a senseless streak of mass killings.
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Are moves to add jobs to US factory floors a harbinger, or outliers?
Apple, Lenovo, LG Chem, and now Daimler AG have all recently said they plan to add manufacturing jobs in the US. President Obama hopes it's a sign of the times, but economists say it's, at best, a nascent trend.
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Will nonprofits feel the pinch under Republican fiscal plan?
House of Representatives Speaker John Boehner hopes to avoid the fiscal cliff by closing loopholes and deductions. President Obama suggested that only by completely eliminating charitable tax deductions could the Republicans increase revenues sufficiently without also increasing taxes on the wealthy as he would like to do.
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Governors urge action to avoid tumbling off 'fiscal cliff' (+video)
Six governors met Tuesday with President Obama, urging timely resolution of the tax and spending negotiations. If automatic cuts go into effect, states stand to lose 18 percent of federal grant money.
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China's challenge with corruption
China's leaders have been decrying corruption - and doing very little about it - for decades. But some corruption experts say there may be reason for a little more hope this time around.
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The Vote
Sandy's political impact: Citing climate change, Bloomberg endorses Obama (+video)Independent New York Mayor Michael Bloomberg has long listed global warming as one of his top concerns. He says hurricane Sandy brought the presidential election 'into sharp relief.'
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Mystery in Gulf of Mexico: Why is oil leaking from Deepwater disaster site?
Oil identified as coming from the Macondo well, site of the 2010 Deepwater Horizon disaster, is leaking into the Gulf of Mexico at the rate of 100 gallons per day. The Coast Guard is investigating.
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Hillary Clinton shoulders blame for Libya consulate security
Hillary Clinton tells critics of the attack at the U.S. consulate in Benghazi, Libya: "I take responsibility." Clinton says White House would not have known about requests for more security.
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The Reformed Broker
The buyback epidemicThe preference for financial engineering over hiring, expansion, M&A, or dividend issuance has been in force for a while now, Brown writes, and nothing could be less productive.
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10 must-read books about higher education in America
Check out these 10 books for a thorough grounding in where higher education stands in the US today.
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In blow to Romney, court says Ohio can’t restrict 'souls to the polls' voting by blacks
A federal appeals court says an Ohio decision to allow only military personnel three days of early voting is unconstitutional. It could help Obama and hurt Romney in a critical swing state.
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Energy Voices
World's largest solar farm coming to CaliforniaAnalysts predict First Solar will win the rights to supply NextEra Energy Inc. with solar arrays for what will be the world’s largest solar farm, according to Consumer Energy Report.
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Decoder Wire
Ann Romney on Jay Leno: How did she do?Ann Romney appeared on 'The Tonight Show,' and while she wasn't polished, she humanized Mitt quite well. The question is: Why wasn't she doing this in July? Now, it might be too late.
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Yes, he's rich. Mitt Romney finally releases his tax returns.
After months of pressure, Mitt Romney has released more tax information, which confirms that the Romneys are rich. But he'd probably be a billionaire if he hadn't gone into public service.
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Terrorism & Security
Iran's Revolutionary Guard admits to providing military assistance in SyriaIran confirmed on Sunday what has long been suspected: It is providing assistance to the Syrian government in its war against an uprising. Iran's Qods Force is also operating in Lebanon.
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Energy Voices
Romney energy plan: pro-drilling, anti-regulation, and mum on climate changeRomney energy plan wants to open federal lands to drill onshore and US waters to drill offshore, but gives short shrift to renewable energy and ignores fuel efficiency, carbon-dioxide emissions, and climate change. Part 1 of a three-part series on the Romney energy plan.
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Venezuela oil blast evidence of deteriorating infrastructure (+video)
A Saturday explosion at Venezuela's Amuay refinery, the country's largest, claimed at least 39 lives. Engineers and oil executives say the blast is fresh evidence of deteriorating infrastructure in the country with the world's largest proven oil reserves.
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Donald Marron
Economic data goofs make the case for metadataAnyone can look at a set of data and misinterpret it. That's why it should be fleshed out with pertinent information.
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Todd Akin and Republican abortion plank: bad timing? (+video)
The GOP platform committee is meeting in Tampa, Fla., this week – and set to approve a plank opposing abortion with no exceptions. Democrats call it the 'Akin plank,' after Missouri Rep. Todd Akin, who is under pressure to quit his Senate race after a sensational comment on rape.
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The elusive truth about Mitt Romney's time at Bain Capital
Mitt Romney's time running Bain Capital has become the focus of charge and counter-charge, raising questions about campaign dishonesty and the candidates' own character as well as calls for apologies.
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Decoder Wire
Was Mitt Romney hoping to be booed during NAACP speech? (+video)Mitt Romney expected and, his critics say, even wanted to be booed at the NAACP convention, as a signal to voters that he's willing to face an audience not likely to agree with him – and not pander.
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Did health care 'tax' just blow up California's careful budget plans?
California Governor Jerry Brown's plans to raise state taxes on the wealthy could be derailed because of voter concern about President Obama's plan to boost taxes on the wealthy and the Supreme Court's labeling the health care reform law a tax.
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Terrorism & Security
Russia drafts new UN resolution on Syria, meets Syria oppositionUnderscoring its central role, Russia met with opposition Syrian National Council in Moscow today to discuss a new proposal.
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