White House - U.S., Europe to issue new sanctions on Russia this week

Blinken told reporters on Monday that existing sanctions have hurt Russia's economy, but said Russia has not let up in its support for the separatists, and may be preparing to deliver more powerful rocket launchers to the region.

Top News
China Trade Numbers Still Don’t Add Up Post-Fake Exports

A discrepancy between Hong Kong and Chinese figures for bilateral trade remains even after a crackdown last year on Chinese companies’ use of fake export-invoicing to evade limits on importing foreign currency. China recorded $1.31 of exports to Hong Kong in June for every $1 in imports Hong Kong tallied from China, for a $6.4 billion difference, based on government data compiled by Bloomberg News.

Enter through the 'Poor Door': Income 'segregation' in N.Y.

It's a tale of two cities in Manhattan, as the city okayed plans for a luxury condominium with a separate door for low-income residents.

Stocks get no search love on Google

Over the past eight years, people have dialed back on searches linked to traditional assets like stocks and bonds. Instead, they're going to Google (GOOGL, Tech30) to find things tied to hot tech trends like seed funding and startups.

BlackBerry Buys Anti-Eavesdropping Tool Used by Merkel

Secusmart, a Dusseldorf, Germany-based company that already had a partnership with BlackBerry, makes voice and data encryption for mobile phones. Financial terms weren't disclosed. The acquisition is BlackBerry's first since the hiring last November of Chief Executive Officer John Chen, who vowed to cut losses by focusing on services to corporations and governments.

GM's most popular pickup is this year's most recalled vehicle

But just because a recall is small doesn't mean it isn't serious. The steering problem flagged in May was so serious that GM called owners, sent overnight letters and used the OnStar in-vehicle communication system to warn them to stop driving the pickups immediately. GM sent flatbed trucks to take the vehicles in for repairs.

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Making $10K Shoes for Rafael Nadal Entirely By Hand: Video

July 29 (Bloomberg) –- Appreciate high-end luxury men's shoes? At a time when huge luxury groups like LVMH may struggle with their size, French shoemaker Pierre Corthay's strategy is simple: remain small and exclusive. Clients include actor Clive Owen and tennis player Rafael Nadal. Bloomberg's Caroline Connan reports. (Source: Bloomberg)

How America’s Top Industries Have Changed, 1990-2013 - The Numbers - WSJ

The U.S.’s most dominant industries look a lot different than they did less than 25 years ago. From 1990 to 2013, the top industries by employment have changed from mostly manufacturing to mostly health-care and social-assistance jobs in the majority of states, according to a U.S. Bureau of Labor Statistics  data analysis of its  Quarterly Census of Employment and Wages . The states where retail jobs were most prevalent were located mostly in the West in 1990 and now reside predominantly in the Southeast.

Why Zillow Agreed to Acquire Trulia for $3.5B: Video

July 28 (Bloomberg) -- Zillow agreed to purchase Trulia for $3.5 billion in an all-stock deal that is designed to make the combined entity the largest in online real estate advertising. Alex Sherman reports on “Bloomberg West.” (Source: Bloomberg)

Fear rising that worst-ever outbreak of #ebola could go global - WSJ

Mr. Sawyer, a consultant at the Liberian Finance Ministry, died shortly after arriving in Africa’s biggest city, Lagos, Nigeria, which is home to nearly 21 million people.  He had flown there from Monrovia, Liberia—a country where the disease has now taken at least 129 lives. The World Health Organization has been warning that Ebola could spread beyond Liberia and the two other hardest-hit countries—Guinea has had 313 deaths, and Sierra Leone  224 deaths—to neighboring nations.

Virgin America files for IPO

While the West Coast-based airline got its name from Branson's Virgin Atlantic airline, it is not mostly owned by Branson, Virgin Atlantic or Virgin Group. That's because Americans must own most of an airline in order for it to fly between U.S. cities.

Capital Journal: Why Tensions Are Climbing Between Israel and the U.S.

Until now, that is. Suddenly, serious stress fractures are opening up as the Israeli operation against Hamas in the Gaza Strip enters its third week—and they figure to get worse before they get better.

Here’s what could force a Social Security overhaul — and soon

There are ways legislators can come up with $30 billion per year. But that’s a big sum of money, even by Washington’s inflated standards, and if it doesn’t come from tax hikes, it will have to come from painful cuts in something else. Since the modus operandi in Congress these days is to address major problems through last-minute showdowns that threaten fiscal calamity, the disability cliff (as it’s sure to become known) could lead to the biggest fight over entitlement programs in years.

China’s 1 Percent vs. America’s 1 Percent

Recently, economists Emmanuel Saez of the University of California at Berkeley and Gabriel Zucman of the London School of Economics estimated the distribution of household wealth in the U.S. They calculated “how much property different strata of society owned by looking at the income that was generated by that property,” as my colleague Peter Coy reported . The richest 1 percent of Americans, they found, control 40 percent of the country’s wealth, and the top 0.1 percent control more than a fifth—which would mean wealth in the U.S. is still more concentrated than in China.

Chinese Meat Scandal Tests Tycoon’s Ties With McDonald’s

“As we look into the next three to five years, finding the right people is going to be the hard part of the business, and it’s not so much labor, it’s managers and above,” Bill Weimer, OSI Group executive vice president and chief financial officer, said in the article. “The skill sets we’re looking for are very different from what they’ve historically had here. And it’s not that they’re not educated -- it’s breaking old habits and building the trust that this actually will work.”

Twitter's user growth picks up $TWTR

Twitter Inc. on Tuesday quieted its doubters, at least for now, over its ability to jump-start shrinking user growth in the shadow of larger rival Facebook Inc. The San Francisco social-media company posted strong results across the board in the second quarter, reversing its fortunes from three months earlier, when it sparked concerns that its popularity had peaked. Shares surged 29% after hours to $49.62, topping their first-day...

Warding Off Lions With Cell Phones Shows African Technology Boom

Since Parsitau bought the system, she no longer has to make the two-hour round-trip to a river lower down in the valley to fill jerry cans with water that were then lugged back to her home by donkey. If the river was dry, she’d have to spend about 200 shillings to travel to Kiserian about 20 kilometers (12 miles) away to fetch water by minibus taxi. Now she uses the cash to buy treated water from a borehole.

Is Hong Kong Ready for Jamie Oliver's Italian?: Video

July 29 (Bloomberg) –- Jamie Oliver is the latest celebrity chef to try his luck far from home. The chirpy Londoner spoke to Bloomberg's Manus Cranny as he threw open the doors of his Hong Kong restaurant. (Source: Bloomberg)

How Is the Bull Market Shaking Off Global Risks?: Video

July 25 (Bloomberg) -- Julian Emanuel, U.S. equity and derivatives strategist at UBS, discusses why markets are seemingly ignoring geopolitical risks from Europe and Russia. He speaks on “Bloomberg Surveillance.”

Twitter, Inc.

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Your Guide to the Best Marijuana Business Schools

The programs generally pitch seminars and one-on-one tutoring sessions as an opportunity for new entrants in the market to learn how to navigate a web of confusing regulations and how to build a dossier of important contacts. Many offer grower-specific classes that teach the science behind cultivating strains of cannabis that will keep customers sated. Surprisingly, they don’t advertise joint-rolling tutorials. Perhaps less surprisingly, none is accredited by the Association to Advance Collegiate Schools of Business, the most prominent accrediting body for U.S. B-schools.

Red Lobster tries acting like a fancier restaurant

The changes mark the latest attempt by the struggling seafood to stop a years-long sales decline as it embarks on a new era. On Monday, Darden Restaurants Inc. said it finalized its sale of the chain to investment firm Golden Gate Capital, despite contentious protests from activist investors. In his first interview as Red Lobster's new CEO, Kim Lopdrup outlined the missteps he thought his predecessors made and why he thinks Red Lobster can win back customers.

24 Meet the SEC's 6,500 Whistleblowers

They are also among the more than 6,500 people who have offered confidential information under the whistleblower program of the Securities and Exchange Commission. The agency set up the program in mid-2011 with hopes of eliciting dirt on corporate wrongdoers. It offers a bounty of up to 30% of penalties for any monetary sanctions the agency extracts that exceed $1 million.

New Bank of England Deputy Ben Broadbent is a potential guide on interest rates

LONDON—Investors trying to pin down exactly when the Bank of England is going to raise interest rates in the U.K. should keep an eye on Ben Broadbent, Gov. Mark Carney's newest deputy.

Sony Seen as Reject as Japan JPX Index Cuts Losing Stocks

“There still isn’t that much money following the JPX-Nikkei 400, so this year’s member change is more a topic for discussion,” than likely to bring about drastic moves in share prices, said Hayato Nagayoshi, chief quantitative analyst at Mizuho Securities. “As the index still has a short history, and more funds will start to use it, there’s a chance demand will come from funds planning to track it anew.”

Should the U.S. Legalize Marijuana?: Video

July 28 (Bloomberg) -- Bloomberg's Olivia Sterns reports on the New York Times' advocacy of the legalization of marijuana. She speaks with Alix Steel on "Street Smart." (Source: Bloomberg)

China Raids Microsoft Offices in Anti-Monopoly Investigation

Microsoft acknowledged the probe yesterday in an e-mail and said in a statement today that it “complies with the laws and regulations of every market in which we operate around the world and we have industry leading monitoring and enforcement mechanisms in place to ensure this. Our business practices in China are designed to be compliant with Chinese law.”

Twitter Inc shares soar as active users rise 24% to 271 million

The microblogging company’s active membership in the quarter reached 271 million, with year-over-year growth at 24%, compared with 25% in the prior period, Twitter said in a statement today. That exceeded analysts’ projections of 267 million monthly active users for the quarter, according to data compiled by Bloomberg. Sales more than doubled to US$312.2 million, exceeding the US$282.8 million average estimate.

5 ways to invest in sex Slide Show

By today’s standards, D.H. Lawrence’s novel about love and sex might seem relatively tame. But in its day, it was considered unprintable — literally — because of the use of four-letter words, among other offenses. That left Lawrence to print it privately in 1928 in an edition of just 1,000 copies, each signed by the author. As a result, it’s a fairly valuable commodity among book collectors, with prices going anywhere from $7,000 to $30,000, according to Dan Wade of Paul Fraser Collectibles, who says he wouldn’t be surprised if the first edition continued to remain in high demand for years to come. The book “has got so much history and intrigue behind it,” says Wade.

Xi Tells Army: Ditch the Flashy Medals

“The rules stipulate that the number of awards and commendations should be controlled and awarded based on improvement of combat abilities,” according to China’s official news service. “More awards and commendations should be offered to combat troops, major operations and troops serving in remote areas or places where life is difficult,” it explained, adding that public complaints about the excessive awarding of military honors were one reason for the new regulations.

Snapshot of the North Dakota Oil Boom

Dozens of North Dakota lawmakers will be getting a warts-and-all tour next month of the state's booming oil patch and its impact. The North Dakota Petroleum Council-sponsored event is the second one of its kind to precede a Legislative session in recent years, and officials in the western part of the state hope it'll pay off with what they say is sorely needed additional money for infrastructure. They say the last tour in 2012 helped a little, but it hasn't been enough. The two-day bus tour begins Aug. 26, with more than 40 lawmakers mainly from cities well outside the oil patch visiting drilling rig and oil well sites and spending the night in a crew camp, said Alexis Brinkman, the council's government relations manager. Much of the tour will be centered in the Watford City area, near the epicenter of the state's oil patch in McKenzie County. Reporting by James MacPherson, the Associated Press.

Former Amazon GM: What It's Like to Work for Bezos: Video

July 25 (Bloomberg) -- Dave Cotter, CEO of SquareHub and former general manager at Amazon, comments on Amazon's latest quarterly results and explains what it's like to work for Jeff Bezos. He speaks with Carol Massar on "Taking Stock." (Source: Bloomberg)

BlackBerry Ltd buying Germany's Secusmart to stake ground in battle for government contracts

BlackBerry Ltd. said Tuesday it is acquiring Secusmart, a German maker of encryption technology in a bid to further position the Waterloo, Ont.-handset maker as a secure solution for enterprise clients such as governments.

U.S. Releases More Evidence of Russian Aggression: Video

July 28 (Bloomberg) -- Peter Cook reports on U.S. satellite photos alleging shelling from Russian into Ukrainian territory. He speaks on “In The Loop.” (Source: Bloomberg)

Saudi market reforms invite access to oil growth - FT.com

Saudi market reforms invite access to oil growth

IPO Docket Suggests Busiest Week Since 2000 - MoneyBeat - WSJ

This week 25 companies are looking to go public in the U.S. That would be the most since a week in August 2000 when 28 IPOs listed in the U.S., according to Dealogic. This week’s offerings are expected to raise some $6.8 billion.

Amazon offers 3D printing to customize earrings, bobble head toys

Amazon, which has more than 240 million users, has expanded its marketplaces division to include new areas such as fine art and wine. It is part of Amazon's larger investment into new areas like mobile services and original content that led to its larger-than-expected second-quarter loss last week.

Ebola's spread

LIBERIA has closed most of its borders, banned public gatherings and announced quarantines of some communities in an effort to contain an outbreak of the ebola virus. So far this year there have been 1,201 confirmed, suspected or probable cases of the disease in west Africa. Over 670 people have died. Ebola has no vaccine or cure, and kills up to 90% of those infected. It is transmitted to people by wild animals or by other infected patients. Fruit bats, often eaten by people living in West Africa, are thought to be a host for the virus, which starts with flu-like symptoms but can impair kidney and liver function, and in severe cases damages blood cells, leading to external and internal bleeding.

Five of Ryanair's Most Outrageous In-Flight Fees: Video

July 29 (Bloomberg) –- Ryanair is notorious for their cheap flights and endless fees. Bloomberg Ranx looks at some of the most outrageous fees charged by the airline. Video by: Jenna Savino (Source: Bloomberg)

U.S. private-equity firm Providence said to be mulling bid for stake in Wind Mobile

Despite the federal government’s fourth-player favouritism, the market remains almost entirely the property of incumbents. Of the two existing newer entrants, market share is marginal. One player, Mobilicity is in bankruptcy protection. And Wind, launched in 2009, while viable with operations in Ontario, Alberta and B.C., has struggled to come up with financing to continue to build and modernize its network. Mr. Lacavera has said the company needs at least $400-million to pay for necessary upgrades and that the money must come from a new financial backer.

Small banks stick to practice that can hit customers with multiple overdraft fees

Hundreds of small and regional banks are clinging to a practice that can cause consumers to incur multiple overdraft fees in the same day, even as the biggest lenders are backing away.

Russia to challenge Hague Court's Yukos ruling - Finance Ministry

MOSCOW (Reuters) - Russia will appeal a decision of the Hague court that ruled on Monday that Moscow must pay a group of shareholders in now-defunct oil giant Yukos $50 billion (29.45 billion pounds) for expropriating its assets, the Russian Finance Ministry said in a statement.

VTB Bank, Bank of Moscow Hit by U.S. Sanctions Against Russia

VTB Bank OAO, Bank of Moscow and Russian Agricultural Bank became the latest targets of U.S. sanctions in attempt to stop President Vladimir Putin from supporting Ukrainian rebels.

Blackstone’s Byron Wien: Why S&P 500 Could Hit 2300 This Year - MoneyBeat - WSJ

“Very few investors see [2300] as a possibility because the market did so well in 2012 and 2013 and strong previous performance breeds caution about the future,” said Mr Wien, a vice chairman of Blackstone’s advisory services unit. “Actually, strong market performance in a given year should not discourage investors about the outlook for the following year. When the S&P 500 has been up 25% or more, the next year is usually positive….

Argentines Shrug Off Default Prospect as No 2001 Repeat Seen

Martin Cornejo shrugs his shoulders when asked if he’s worried Argentina may be days away from defaulting for the second time in 13 years. No one expects a repeat of the last economic collapse, he says.

Whole Foods earnings: Overcoming ‘whole paycheck’ image? Earnings Outlook

Key points: Wall Street continues to debate whether Whole Foods can keep differentiating itself and fend off competition, and whether its moves to lower prices can overcome its “Whole Paycheck” image. The company has said it’s increasing marketing and cutting prices, especially on perishables, to drive traffic and change consumer perception. Bulls such as Morgan Stanley analyst Vincent Sinisi said the company will continue to grow market share. He said Whole Foods has grown its share of the natural and organic market from an estimated 17% in 2005 to 24% in 2013 and forecast it will continue to increase share to 29% in 2018. He said Whole Foods will continue to benefit from its leading position, differentiated customer experience and an accelerated store roll-out.

How to take advantage of real estate distortions

Buying publicly listed real estate companies has been cheaper than purchasing it directly in the property market for several decades, but Vision Capital portfolio managers Jeffrey Olin and Frank Mayer also find opportunities in marketplace distortions and inefficiencies such as those created by investors’ focus on yield.

49 Typewriters clatter into life again - FT.com

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51 US consumer confidence jumps to 90.9 in July
52 Ford dropping BlackBerry handsets for employees worldwide, converting to iPhones
53 Hudson's Bay keeps closer tabs on shoppers with new in-store mobile marketing
54 Talisman Energy Inc posts surprise second-quarter net loss of $237-million
55 Breaking News, World News & Multimedia
56 Tattoo removal surges 440% over the last decade
57 MarketWatch Earnings Wall
58 Smart people buy generic brands
59 English accents pipe up in Scottish independence debate - FT.com
60 Japan’s Midnight Hours Thwart Abe’s Plans for More Working Moms
61 Tastes Like Chicken? McDonald’s Japan Offers Tofu McNuggets - Japan Real Time - WSJ
62 KIRO Radio 97.3 FM :: Seattle's News. Seattle's Talk.
63 Gadget tests your drink for 'date rape' drugs
64 The FT’s Summer books 2014 - FT.com
65 How parental-control apps can help grown-ups unplug on vacation
66 Elixir for the mindful
67 One in Three Americans Has Debt in Collections; So What? - The Numbers - WSJ
68 Negotiating? Intimidate Your Boss With Your Big, Fat Face
69 The Daily Wall St. Cheat Sheet
70 Conflict in Gaza takes toll on the young
71 The endless quest for a new runaway hit fitness class turns to Dutch speedskaters
72 Advertising's new frontier: Talk to the bot
73 $645,000 in 7 Days: Kickstarter helped this innovation look legit in eyes of major brands
74 Telecom bounce not enough to buoy stocks
75 Putin Sets $110,000 Bounty for Cracking Tor as Anonymous Internet Usage in Russia Surges
76 Twitter shares soaring as results, user growth beat estimates: Live blog
77 Iron Dome makers got hacked, says cybersecurity firm
78 These startup ideas are money magnets
80 Airbnb and Uber are sprucing up their services to appeal to the buttoned-up business traveler
81 Greenberg Gets Magic Wand as Wish for Cheap Casket Denied
82 In Charity Auction, Citi CEO Corbat Is No Warren Buffett - MoneyBeat - WSJ
83 Apple buffs up radio service with string of acquisitions
84 Twitter shares soaring 26% as results, user growth beat estimates: Live blog
85 Talk of Argentina: How did President Cristina Kirchner and her late husband get rich?
86 Employees wrestle with management for control of Market Basket supermarkets
87 Hong Kong Democracy Protests May Hurt Tourism, Groups Say
88 The Next Thing in Farm-to-Table? Mobile Slaughterhouses
89 You Need Food and You Deserve a Raise - At Work - WSJ
90 Ebola’s Escape From Africa Unlikely Though Not Impossible
91 Twitter shares zoom higher on strong sales and mobile growth
92 Amazon launches 3-D printing store
93 Bubble or no bubble? European startups raise highest quarterly VC financing since 2001 - Digits - WSJ
94 IPOs Get Bigger but Leave Less for Public Investors
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96 Arby's: More meat is mightier
97 El Portal Fire Scorches Yosemite National Park - Photo Journal - WSJ
98 Israel hits Hamas infrastructure in Gaza
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100 Israel says it is escalating Gaza campaign until tunnels neutralized