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BloombergNow What do you think is future of the U.S. Postal Service?

The U.S. Postal Service, which predicts that by the end of September it will be unable to make health-benefit payments for future retirees, said its first- quarter loss widened as first-class mail volumes declined.
2 hours ago · · Comment
BloombergNow

BloombergNow ‎"The government will now only ask lenders’ remuneration panels to take into account a need for restraint, and explain how they are responding to popular anger over pay without illustrating where or by how much pay will be cut, one person said." What do you think?

Britain’s coalition government pulled back from demands that banks specify how they will cut bonuses, according to three people with knowledge of the policy.
6 hours ago · · Comment
BloombergNow

BloombergNow ‎"The subpoena shows federal investigators are trying to piece together the workings of an elusive group composed of hundreds hackers and activists stretched across several countries."

A U.S. grand jury will consider evidence this week collected by the FBI about Anonymous, which attacked websites of four companies to punish them for blocking contributions to WikiLeaks, according to court papers and a spokesman for the self-styled group of activist hackers.
23 hours ago · · Comment
BloombergNow

BloombergNow Read this detailed story about how the "New Markets Tax Credits" are being used and let us know your thoughts.

The landmark Blackstone Hotel in downtown Chicago, which has hosted 12 U.S. presidents, opened in 2008 after a two-year, $116 million renovation. Inside the Beaux Arts structure, built in 1910, buffed marble staircases greet guests spending up to $699 a night for rooms with views of Lake Michigan.
Yesterday at 8:23am · · Comment
BloombergNow

BloombergNow This deal is more expensive than any purchase of an oil driller in the past 10 years and almost twice the industry average. Is the timing right?

There’s more to Ensco Plc’s deal for Pride International Inc. , the costliest oil drilling takeover in a decade, than just the math.
Yesterday at 5:52am · · Comment
BloombergNow

BloombergNow Egypt’s Leaders Vow Free Elections, Protests Continue - What does the continued unrest mean for Egypt's economy?

Egyptian Vice President Omar Suleiman and some members of the opposition agreed on limited steps to resolve the crisis, even as the government stood firm against the demand from protesters that President Hosni Mubarak resign.
Monday at 12:58pm · · Comment
BloombergNow

BloombergNow Do you think the Federal Reserve chairman should raise interest rates in 2011?

Investors are betting with Ben S. Bernanke that surging food and energy prices won’t accelerate U.S. inflation, allowing him to maintain easy money.
Monday at 8:18am · · Comment
BloombergNow
AOL Inc ., the Internet company spun off from Time Warner Inc ., agreed to buy the Huffington Post for $315 million.
Monday at 5:23am · · Comment
BloombergNow

BloombergNow Do you think the New York Mets owners are financially liable for ignoring the warning signs of fraud?

The trustee overseeing the liquidation of Bernard Madoff ’s former firm is seeking $295 million in fictitious profits from the owners of the New York Mets baseball club in a complaint unsealed today.
February 4 at 1:16pm · · Comment
    • Max Mishra have great weekend to all staff of Bloomberg and Bloomberg TV staff!and thanks to provide breaking news and many many more!!i appreciate for nice work!
      February 5 at 8:15am
    • Colin Lebeau Mathieu People didn't made theirs homeworks! Doesn't take a PhD to understand that you can't get a 10% return with risk free rates at those times... the only risk free you have is governement bond or really secured corporate issues and even with that you still have risks.
      20 hours ago
BloombergNow

BloombergNow What can other Arab countries learn from the Turkish democracy?

Arabs seeking a model for post- autocratic governments are looking for inspiration in Turkey, where Prime Minister Recep Tayyip Erdogan ’s brand of Islamic democracy has helped make him the region’s most popular leader.
February 4 at 9:23am · · Comment
    • Max Mishra you can say turkey is modern Islamic country!which know advance things are very important for country growth if you want to survive!and they have good relation with western countries!which is very important they think about country growth and better future!you can say broad mind people who believe in change!and other country have to follow this model it will be very effective!
      February 5 at 6:43am
    • Ram Aiyar ‎@ Max. That is a rather infantile comment. Countries embrace modernity as a function of their aspirations for a better life. Not because the fellow next door warrants being impressed.
      February 5 at 3:34pm
BloombergNow

BloombergNow ‎"By demanding stricter oversight and tougher penalties on fiscal miscreants, Merkel would complete the job begun at the start of the euro."

Chancellor Angela Merkel is turning Europe’s sovereign-debt crisis into an opportunity to reshape the euro region in Germany’s image.
February 4 at 5:37am · · Comment
BloombergNow

BloombergNow Should the states cut Medicare benefits to balance their budgets? If not, what should get cut?

The Obama administration is encouraging U.S. states to reduce health benefits to the poor instead of trimming eligibility for Medicaid, according to a letter to governors sent today.
February 3 at 1:11pm · · Comment
BloombergNow

BloombergNow Will productivity stay high as more people are hired to expand output?

The productivity of U.S. workers unexpectedly increased in the fourth quarter at a faster rate as companies sought to contain costs.
February 3 at 9:15am via HootSuite · · Comment · Share
    • Myron Pereira Yes productivity will definitely stay high
      February 3 at 9:20am
    • Weni Kabota-Chona At some point productivity/output is expected to decline if one considers the economic theory of diminishing marginal returns. You need to find an optimal point or level of labor employed which maximises productivity beyond which, productivity stars going down
      February 3 at 9:35am
    • Mark Ling Produce all you want. Who's buying? We need a foreign policy that will pressure other contries to let us compete on a level playing field.
      February 3 at 9:35am
BloombergNow

BloombergNow The historical average would value Akamai at $64.47 a share in an acquisition, versus the average of $49.22 in the past 20 trading days. Including net debt, the company would then cost about $11.2 billion, or 29.4 times its $381 million in Ebitda in the past year, according to data compiled by Bloomberg.

Akamai Technologies Inc., the U.S. company with the most takeover speculation since 2005, would cost almost 30 years of earnings in an acquisition, more than any other technology deal in the past decade.
February 3 at 6:15am · · Comment
BloombergNow

BloombergNow Did your four year degree arm you for business success? If you didn't get a four year degree, to what you attribute your success?

The U.S. is focusing too much attention on helping students pursue four-year college degrees, when two-year and occupational programs may better prepare them for the job market, a Harvard University report said.
February 2 at 1:55pm · · Comment
    • Max Mishra i agree,i have vast knowledge of global economy and business!but big question what USA embassy approve my visa!if i paid my fees!ask embassy about that!
      February 3 at 6:07am
    • Sumi Allen
      ‎"If you plan for one year, plant rice. If you plan for ten years, plant trees. If you plan for 100 years, educate mankind."
      "Learning is a treasure that will follow its owner everywhere."
      "Teachers open the door, but you must enter by yourse...lf."
      -Chinese Proverb.
      Does anyone want to know why both China and India are kicking our asses in the global market? India can subsidize college education and still keep corporate and capital gains taxes lower than ours.
      Hahvahd would rather public funds go to their graduates on Wall Street who create no wealth. Sorry, Wall Street can't become doctors of medicine or engineers.
      See More
      February 3 at 9:48am