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Bloomberg L.P.

A collection of news and information related to Bloomberg L.P. published by this site and its partners.

Top Bloomberg L.P. Articles

Displaying items 78-88
  • CalPERS loses big on BP stock

     
    After dropping a quarter of the value of its $200-billion portfolio during the recession of 2008 and 2009, the country's largest public pension fund is posting more big paper losses because of the massive 2-month-old BP oil spill in the......
  • Is China's stock bear market an opportunity, or a trap?

     
    The world’s two worst-performing stock markets in 2010 have that in common -- and virtually nothing else. China’s Shanghai composite stock index was down 26% year-to-date through Tuesday, which among the world’s major markets was second only to...
  • Financial crisis fails to get its just due with TV talking heads

    It's hard to know where to start in dissecting the inane debate on the economic crisis that has dominated the presidential race in recent days. Commentators, particularly of the cable television variety, have probed Sarah Palin's (suspect) chops for...
  • Burn, burn, burn, burn, burn the rich

    Amid all the heartache and woe of the previous 10 days in scorched Southern California, I learned a marvelous new fact: For a lousy $995, you can buy a portable gizmo that sprays the very same fire-retardant goo that's used by the U.S. Forest Service...
  • Albert H. Gordon dies at 107; energetic salesman became a power on Wall Street

    Albert H. Gordon, a Wall Street leader who sidestepped the 1929 market crash and helped rescue stock brokers Kidder, Peabody & Co. in the Depression, died Friday. He was 107. The New York Times and the Wall Street Journal reported that Gordon died at his...
  • BofA won't fight Obama's plan for consumer watchdog agency

     
    The banking industry is adamantly opposed to the Obama administration’s proposal for a Consumer Financial Protection Agency. But in its fight to derail the idea, the industry won’t get help from one of its biggest names: Bank of America Corp.......
  • Cisco Systems sees 'second phase' of economic recovery as sales rise

     
    The economic recovery may have found its chief cheerleader. And he lives in Silicon Valley -- not Washington. John Chambers, chief executive of computer networking giant Cisco Systems Inc., lauded the recovery in his statement accompanying the firm's...
  • Pimco loses Supreme Court appeal in bond market manipulation case

     
    Bond fund giant Pimco on Monday lost its appeal to the Supreme Court to stop a class-action lawsuit alleging that the firm tried to corner the market in certain Treasury note futures in 2005. Chicago investment firm Breakwater Trading and......
  • New home sales tumble 11.2%

     
    Sales of newly built homes took an unexpected 11.2% tumble, falling to a record low in January, the government said Wednesday. The drop put the seasonally adjusted annual rate of sales at 309,000 units in January, according to the Commerce......
  • EU regulators critical of Google Street View, report says

     
    The German town of Molfsee is trying to block Google from publishing photos of its streets. Credit: Carsten Rehder / EPAAdding to Google's recent spate of legal issues in the European Union, a group of government officials there sent a letter to the...
  • He told you it was undervalued: Buffett's Berkshire stock surges 25% in two months

     
    One of the hottest U.S. stocks this year belongs to a man who usually warns investors to avoid chasing hot stocks. On Monday, the Class B shares of Berkshire Hathaway Inc., billionaire investor Warren Buffett’s holding company, rose $1.78, or......