Condom maker’s shares pop after S. Korea lifts adultery dictum

SAN FRANCISCO (MarketWatch) — Shares of a South Korean condom manufacturer scored a sizable lift on Thursday after the nation’s high court struck down a 62-year-old law that made cheating on your spouse illegal.

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2
5 surprising things you can deduct from your income taxes

This may be the most politically and ideologically divisive of all deductions. The IRS says : “You can include in medical expenses the amount you pay for a legal abortion.” So an abortion — which can cost from $500 to $1,000 — could be deductible if it was included with other medical expenses. Taxpayers can also include in medical expenses the amount they pay to purchase a pregnancy test kit to determine if they are pregnant, and the cost of a sterilization or vasectomy. When it comes to all medical expenses, you cannot include those that were paid by insurance companies or other sources, and the total medical expenses in question need to exceed 10% of your adjusted gross income (this falls to 7.5% for those who are 65 or over for all medical expenses).

3
StockTwits shared a chart on StockTwits

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4
You got hacked. Cybersecurity stocks soar

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer . Morningstar: © 2015 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2015. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.

5 Brompton looks to F1 in pursuit of electric folding bicycle - FT.com

Brompton looks to F1 in pursuit of electric folding bicycle

6
The Economist on Twitter

“House of Cards” season three released today. Netflix is winning over critics and customers http://econ.st/1DAacSX  pic.twitter.com/I0BhwZYrMN

7
Inside CPAC 2015

Conservatives gather in National Harbor, Md., to network and hear from potential presidential candidates.

8
Steady on

THE LAST few weeks have seen a flurry of good data about the America economy. Firms added more than 1m new jobs, in net terms, in the three months to January, the best showing since 1997. At 5.7%, America’s unemployment rate is now one of the lowest in the OECD, a club of mostly rich countries. GDP data, released this morning, shows that the economy expanded at an annual rate of 2.2% in the fourth quarter of 2014—one of the fastest growth rates in the OECD. All this is welcome, of course; but this recovery is still a fragile one.

9
Free retirement planning software aims to fix 'flawed' advice of the pros

What it spits out, in the end, is a detailed plan telling you what you should save and spend year by year until age 100, depending on your age and stage of life.

10
'House of Cards' dealt Netflix a winning hand

Season three debuted early Friday, giving fans a chance to see Frank and Claire Underwood continue their machinations, now from a hard-won White House perch. The show marks just one of more than 20 original series or movies that Netflix is scheduled to show this year. Producing that much original content would have seemed like a long shot before "House of Cards" first established Netflix as more than a convenient and cheap way to watch recycled TV series and movies previously released on DVD. Launched in February 2013, "House of Cards" was among the first major series to release an entire season at once, a move that fed into viewers' desire to devour several episodes at a time instead of having to wait a week to see another installment.

11
Test Driving Bentley's Continental GT Speed Convertible

Feb. 27 -- With its sleek, strong body and best-in-class performance the Bentley Continental GT Speed Convertible will cost you. At $267,000 the car is complete with high-end features like neck warmers. Bloomberg's Hannah Elliott drives the powerful sportscar to beautiful Lyndhurst Castle to see if its really worth its six-figure price-tag. (Video by Zach Goldstein, Ryo Ikegami, Alyssa Zahler)

12
Your money or some strife

THERE is a remarkable piece on Slate about a start-up called the Corrective Education Company (CEC) that has been launched by some Harvard Business School graduates. The firm's idea is that stores offer suspected shoplifters the chance to pay $320 in order to avoid a call to the police. The payment goes toward the cost of attending an online course run by CEC which, it says, helps cure people of their light-fingered ways. The stores get a cut of around $40 per referral. Around 20,000 people have so far coughed up. Shops which make use of the scheme include Bloomingdale's, H&M and Whole Foods (all of which declined Slate 's invitation to comment).

13
Marie Kondo and the Cult of Tidying Up

“The Life-Changing Magic of Tidying Up,” a mystical manifesto on letting go of the stuff we don’t need, has become a global publishing phenomenon. It’s the kind of book that publishers dream of, one that arrives perfectly timed to both lead and reflect a shift in the zeitgeist. Ms. Kondo’s book has captured the imaginations of readers around the world at a moment when many people seem to have reached a tipping point of clutter in their lives. It coincides with the recovering economy, an increase in donations of clothing and household goods to charity and a trend toward downsizing as U.S. population growth shifts from the suburbs to city centers in many areas .

14
Should the U.S. Make Billions From Student Loans?

The department should make it easier for people to use the few tools available for demanding a refund on their student debt, the senators wrote. Borrowers who believe that their college committed fraud or lied to them—about job prospects or graduation rates, for example—can file what’s known as a “defense to repayment” claim against the school, according to federal law. But Warren and other senators have railed against the department for not making it clear enough to students how they could make such a claim.

15
4 things to watch for in Warren Buffett’s 50th annual letter

It will be interesting to see Buffett’s latest thoughts on the perils of being a behemoth. As the old saying goes, size can be the enemy of performance. With a massive portfolio, it’s more difficult to be nimble. “Because of our present size, making acquisitions that are both meaningful and sensible is now more difficult than it has been during most of our years,” Buffett lamented in his 2012 letter .

16
The Economist on Twitter

When you tweet with a location, Twitter stores that location. You can switch location on/off before each Tweet and always have the option to delete your location history. Learn more

17
Bloomberg Business on Twitter

“Small businesses are now doing better than big business.” http://bloom.bg/1zMXmNm  pic.twitter.com/uVDHsIkDQK

18
Why Amazon hired former White House press secretary Carney

But Carney has more of a background in public relations than in public policy or lobbying. Before becoming the president’s press secretary, Carney was a journalist with Time and The Miami Herald before that.  He will likely serve to brush up Amazon’s image with the public. “It has no sort of personality. I mean it’s whole personality comes from its website,” says Newman.

19
House to Pass Short-Term Homeland Security Funding: Hurd

Feb. 27 -- U.S. Representative William Hurd, a Texas Republican, talks about plans for the House to pass a short-term resolution bill to fund the Department of Homeland Security and President Barack Obama’s immigration policy. Hurd speaks with Betty Liu on Bloomberg Television's "In the Loop."

20
Diageo’s CEO Menezes Sees Africa Rising to 20% of Sales

Sales of Guinness in Nigeria, Africa’s largest economy, have rebounded after Diageo tried to “premiumize” its operation last year at a time when consumers were seeking cheaper drinks, Menezes said. The ill-timed price increase resulted in a 9 percent drop in Nigerian sales last year, and Diageo has since hired a new management team in response.

21
Where Do You Buy Your Snail Slime? A Push to Shop Locally

The idea behind using snail slime as a cosmetic is that it supposedly stimulates the formation of collagen. This in theory helps the skin repair itself and ward off the signs of aging. Plus there is the novelty factor. Some spas in Tokyo and Thailand offer treatments costing up to $200 a session which involve placing snails on a client’s face and letting them slither around, very slowly.

22
Who Wins the ‘World Cup’ of Peak Video Streaming?

Feb. 27 -- On “Single Best Chart,” Bloomberg’s Brendan Greeley examines global peak broadband streaming traffic. Principal Global Investors CEO Jim McCaughan also speaks on “Bloomberg Surveillance.”

23
Ruble collapse makes bribery more expensive for Russians

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer . Morningstar: © 2015 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2015. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.

24
Bloomberg Business on Twitter

“ @business : BREAKING: Former AIG CEO Robert Benmosche dies at age 70, company says http://bloom.bg/1BnbOAo  pic.twitter.com/2Z3G25pK9z ” #dubizsoc

25
Photos of the Day: Feb. 26

In this image made from a video posted on a social media account affiliated with Islamic State on Thursday, militants take sledgehammers to an ancient artifact in the Ninevah Museum in Mosul, Iraq. The extremist group has destroyed a number of shrines—including Muslim holy sites—to eliminate what it views as heresy. Associated Press …

26
5 things you should know before you start your workday

U.S. regulators said yesterday that web providers cannot establish a premium Internet for those who can afford it by blocking access or slowing traffic for others. Cable and telephone companies such as AT&T and Comcast oppose the regulation and plan to contest it in court. These firms argue that the rule will stifle their industry and lead to the government telling them how much they can charge customers. What is at stake is “net neutrality,” an ideological dispute stemming from differing opinions regarding whether the Internet is a service or a utility. (To underscore the “ideological” part: Congressional Republicans oppose net neutrality while the Obama administration supports it.) The move follows similar regulation passed and then struck down by a U.S. federal appeals court in 2010. Since then the dispute has heated up amid the rise of smartphones, with one side arguing that providers should be able to handicap non-premium wireless service and the other side arguing that doing so would disproportionately hurt the nation’s poorest, who are more likely to exclusively have access to the web through their phones.

27
Bloomberg TV on Twitter

“ @BloombergTV : Looking for a job on Wall Street? More banks are hiring compliance lawyers http://bloom.bg/1BhRO1S  pic.twitter.com/UN10SUXIlS ”

28
Supersize me

THE successful stockmarket flotation this month of Aena, a state-controlled airport operator, reinforced optimism that Spain’s economy is finally on the road to recovery. But to enjoy sustained growth, and to become more resistant to shocks, the country needs to fix a problem it shares with Italy and Portugal: a lack of medium-to-large firms.

29
In ancient times

A MIST envelops Kazuo Ishiguro’s new book—his first novel in a decade—but that is by design. “He had felt as one standing in a boat on a wintry river, looking out into dense fog, knowing it would at any moment part to reveal vivid glimpses of the land ahead.” This is Axl, who, at the beginning of “The Buried Giant”, sets off with his wife, Beatrice, on a journey to visit the son they haven’t seen for a very long time. But when that mist parts, the land ahead looks very strange indeed.

30
Bloomberg Business on Twitter

“ @business : The Cuban cigar king has his sights set on America http://bloom.bg/1auDU2l  pic.twitter.com/lSLWs3EiF7 ” #cigars #Cuba

31
When Is It OK to Call In Sick? - US News

Moreover, employers shouldn’t require doctors’ notes from ill employees, since the cold and flu generally don’t require a doctor’s care. Requiring doctors’ notes discourages employees from staying home when they’re sick, is an unneeded burden on sick employees (who will have to drag themselves to a doctor when a few days of resting in bed will cure them), drives up health care costs by pushing people to make unnecessary medical visits and signals that you don’t trust your employees to behave responsibly.

32
Facebook Now Responds to Suicide Posts With Friend Support

If someone posts something on Facebook noting potential self harm or suicide, and a friend sees it and flags it, Facebook reviews the posting and recommends a helpline—that part isn’t new. What’s new is that the poster of the original message will now get a response from Facebook offering to connect them with a helpline worker or a friend as well. The response would also provide a list with tips “on how they can work through these feelings,” the company said in a blog post .

33
How to write off moving expenses

If you’re a married couple filing jointly, only one spouse needs to meet both the time and distance tests. And here’s a case where a couple of miles can make a big difference come tax time. Say there’s a couple in which the wife works for a company five miles from home and the husband is self-employed and works at home. If the wife is transferred or finds a new job at an office 40 miles away from home, she will either be stuck with a long commute or the couple will have a nondeductible move. But if they moved 50 or more miles from their current house, then they could claim the moving deduction because of the husband’s self-employed status. The only requirement is that the husband meet the 39-week and 78-week rules.

34
Pending home sales in January rise to highest level since Aug. 2013

WASHINGTON (MarketWatch) -- Pending home sales rose in January to the highest level since Aug. 2013, the National Association of Realtors reported Friday. Its pending home sales index rose 1.7% from an upwardly revised December level, and sales were up 8.4% from Jan. 2014 levels. "Contract activity is convincingly up compared to a year ago despite comparable inventory levels," said Lawrence Yun, NAR's chief economist. "The difference this year is the positive factors supporting stronger sales, such as slightly improving credit conditions, more jobs and slower price growth." A sale is listed as pending when the contract has been signed but the transaction has not closed, though the sale usually is finalized within one or two months of signing. The NAR forecasts a 6.4% gain in existing home sales this year and a nearly 5% rise in median prices.

35
Kit & Ace, the new retail venture from the son of Lululemon Athletica Inc founder, has been resounding success

“I thought ‘What if I could take something as typically luxurious but as temperamental as cashmere and build into it the technical attributes that I am really looking for in my clothing?’ ” Ms. Wilson said in an interview from Kit & Ace’s headquarters in Vancouver, hometown to Lululemon. Kit & Ace are the imaginary brand personalities behind the retailer’s target customers: city dwellers in their 20s and 30s, physically fit, with a sense of style.

36
There’s more to oil’s plunge than record-high supplies

SAN FRANCISCO (MarketWatch) — Some blamed crude-oil’s decline Thursday on the record-high supplies in the U.S. But there is a little more to it than that.

37 UK blocks sale of North Sea gasfields to Fridman fund - FT.com

UK blocks sale of North Sea gasfields to Fridman fund

38
How Real Is the European Deflation Threat?

Feb. 27 -- Oppenheimer Funds’ Alessio de Longis and Principal Global Investors CEO Jim McCaughan discuss the impact of the threat of deflation on banking and the economy. They speak on “Bloomberg Surveillance.”

39
Saudis' Oil Price War Is Paying Off

Those steps highlight how the Saudi-led OPEC decision on Nov. 27 to maintain output levels and protect its market share is having the desired effect -- pushing prices down so far that they threaten to curb output in the U.S. and other non-OPEC countries. Saudi Arabia, the most powerful member of the Organization of Petroleum Exporting Countries, will maintain that tack when the group next meets in June, according to some of the world’s biggest banks.

40
Herbalife Cuts Earnings Forecast as Sales Stall

Feb. 27 -- Duane Stanford discusses Herbalife sales stall. He speaks with Stephanie Rhule and Erik Schatzker on "Market Makers." (Source: Bloomberg)

41 The Economist | The Economist hub

Facebook © 2015

42
will.i.am - home

Technology is infused into the world of will.i.am as an essential element.  It powers everything that he does. As the Director of Creative Innovation for Intel, will.i.am conceptualizes the next frontier of interactive technology by acting as an idea generator.  Earlier this year,  will.i.am debuted the first song on another planet, premiering his song, “Reach for the Stars” from Mars to mark the successful landing of NASA’s Curiosity rover.  His interest in the interplay between digital photography and augmented technology, will.i.am also created the i.am+ foto.soho, an iPhone case that dramatically improves the quality and social aspects of the built-in camera.    

43
If America Is Hell for Working Women, France Might Just Be Heaven

Europe does have its own struggles with this issue. While women there are more likely to stay in the workforce, Blau and Kahn find that the long leaves and flexible schedules guaranteed to them by law encourage them to work part time. That can stunt their careers, preventing them from moving into management. The U.S., in contrast, has relatively low rates of part-time work among women. (As an aside, that's also why, even though our labor force participation rate for women is on par with Japan's, it's misleading to suggest,  as some have , that our problem with working women is as bad as theirs.)  

44
Your Entire Approach to Your Kid’s Allowance Is Wrong

When it comes to kids and money, there are few topics that cause more confusion for parents than allowances. When should you start? Should it depend on the completion of chores? If you give too little, are you a scrooge? If you give too much, will your kids become brats?

45
Kids Explain Futures Trading

The Meaning of Money: Five and six-year-olds break down the basics of investing in corn, equity, and cocoa futures.

46
Billionaire Ken Griffin's wife wants $1 million a month in divorce

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer . Morningstar: © 2015 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2015. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.

47
The money shot

AT THE peak of its popularity one copy of the “Fifty Shades of Grey” trilogy was being bought somewhere in the world every second. Last year E.L. James’s delighted publishers, Vintage, announced that 100m copies had been sold worldwide—45m in America alone—and that the erotic tale of a billionaire’s S&M seduction of a college virgin could be bought in over 50 languages. Then, just as it seemed that peak Grey might have been reached, it was announced that Sam Taylor-Wood, a British artist with a single film director's credit to her name, was to make the film version, and the whole circus unfurled its tent once more. The reaction to the movie’s release has been much the same: a huge commercial success despite the critics’ disdain. Over its opening weekend, worldwide, the film took $248m—in Britain it took more money than any previous 18-certificate picture.

48
1 in 3 Americans on verge of financial ruin

According to a survey released Monday by Bankrate.com of more than 1,000 adults, 37% of Americans have credit card debt that equals or exceeds their emergency savings. “These numbers mean that three out of every eight Americans are teetering on the edge of financial disaster” — thanks to the fact that many of these folks might be hard-pressed to pay for an emergency should one arise, says Greg McBride, Bankrate.com’s chief financial analyst. “Not only do most of them not have enough savings, they’ve all used up some portion of their available credit — they are running out of options.”

49
What a $1 million home looks like in different markets

This two-bedroom, one-bathroom house in suburban Arlington, Va., will cost you $1 million, but you get two adjoining lots in the bargain. The average sale price of a luxury-category home — Redfin labels the top 5% of a real-estate market its “luxury” segment — in the Washington, D.C., area is $2,402,000.

50
A new security headache

Has there been one year out of the last 5 when there hasn't been a threatened shutdown either solved by "last minute heroics" or "it's the other guy's fault" if it happens? Yet everyone outside Washington knows it's the entire breakdown of governance by idiots who refuse to do their jobs that is causing this. Yet donors continue to pledge greater and greater sums to these idiots and partisan cable news stations spin the necessity of constant existential crises in America. If congress cannot do their job, they shouldn't be paid and political contributions should be garnisheed to pay for essential services. Seems to be the only way to get these clowns to change their ways. Oh wait a minute, its these clowns that are the only ones with the power to propose, approve and implement such sanctions against themselves! God, what a mess American politics is in.

51 Can you outsmart a hacker?
52 Check Out Google's Insane Plans for a New Headquarters
53 Where Are the Tech Jobs? Don’t Overlook Kansas and Utah
54 You can buy Warren Buffett's Cadillac
55 8 reasons you weren’t hired
56 10 things McDonald’s won’t tell you
57 5 smarter things to buy than a Disney trip
58 The breaking point
59 6 toys that are reshaping the industry
60 Marking murder
61 Inequality in America in 10 Charts
62 These are the 25 best internships in America
63 6 signs the selfie craze has gone too far
64 Average federal tax refund is $3,120 so far
65 Hyper-Luxury Cars Are Now Selling Faster Than Normal Ones
66 By the Time You Read This, They've Slapped a Solar Panel on Your Roof
67 10 things McDonald’s won’t tell you
68 Here's what activist investors want from McDonald's new CEO
69 Rolling into town
70 More boots on the ground
71 How Instagram may have gotten this Republican in hot water
72 What NOT to say when your friend buys a home
73 It’s a Beautiful Day in the Agrihood
74 Consumer Reports' Top Picks - American cars are back
75 How to Find Prosecco That Isn’t Terrible
76 Inequality Is Not Just About Wall Street: It’s In All 50 States
77 The Internet Has Already Revolutionized Prostitution. But Could Better Apps Make It Truly Safe?
78 Ayahuasca: a psychedelic murder story - FT.com
79 One of America's oldest malls is closing
80 There’s now a high-frequency trading book in the ‘for dummies’ series
81 How to bank hundreds of dollars more each month
82 The Economist Apps and Digital Editions - The Economist Espresso
83 Invisible harms
84 Coming Labor-Force Squeeze Could Push Up Wages, But Also Inequality
85 ‘Good Deflation’? It Doesn’t Exist
86 The worst tippers in America live here
87 10 things to throw away right now
88 "Birdman" ascendant
89 Picking an Adviser? Don’t Be Starry-Eyed
90 A risky state
91 The high cost of falling prices
92 Freedom fighter
93 Divide and rue
94 Avoid These Costly Wedding Mistakes
95 Relatively cheap free publicity
96 An Englishman’s home
97 How Rand Paul’s Crusade to Audit the Fed Could Make His Worst Nightmares Come True
98 Staples small business loans? Yeah, they got that!
99 Why banks are dumping deposits
100 Why the low oil price will not harm sales of electric cars