Robert Reich is the Chancellor’s Professor of Public Policy at the University of California, Berkeley, and Senior Fellow at the Blum Center for Developing Economies. He has served in three national administrations, including as Secretary…
Blackstone, Cinven Weigh Bids for Smiths Medical Unit
Photographer: Mark Abramson/Bloomberg Photographer: Mark Abramson/Bloomberg Blackstone Group Inc. and Cinven are among buyout firms weighing bids for the medical equipment business of U.K. industrial conglomerate Smiths Group Plc, people familiar with the matter said.…
Hong Kong IPO Activity Picks Up After Dry…
Sculptures of water buffaloes stand outside the Exchange Square complex, which houses the Hong Kong Stock Exchange, in Hong Kong. Photographer: Justin Chin/Bloomberg Photographer: Justin Chin/Bloomberg After the quietest month in more than six years,…
Hong Kong Protests Have a Life of Their…
Want to receive this post in your inbox every day? Sign up for the Balance of Power newsletter, and follow Bloomberg Politics on Twitter and Facebook for more. Joshua Wong is easily the most recognizable Hong Kong pro-democracy activist, not least because of…
New Tariffs to Test the Strength of U.S.…
Want to receive this post in your inbox every day? Sign up for the Terms of Trade newsletter, and follow Bloomberg Economics on Twitter for more. Sausages, ketchup and mustard, plastic plates — all essential…
Tesla Gets Exemption From China’s Auto-Purchase Tax; Shares…
The Tesla Inc. logo is displayed on an electric vehicle charging station outside one of the company's showrooms in Beijing. Photographer: Giulia Marchi/Bloomberg Photographer: Giulia Marchi/Bloomberg Tesla Inc. won exemption from a 10% purchase tax…
Ulta Beauty Slides as Forecast Cut Spurs Analysts…
Customers view beauty producst displayed for sale at an Ulta Beauty Inc. store in New York. Photographer: Gabby Jones/Bloomberg Photographer: Gabby Jones/Bloomberg Ulta Beauty Inc. fell the most in almost 12 years after the retailer…
Tesla surges after China says it will exempt…
David Zalubowski/AP Photo Shares of Tesla surged more than 4% in early-morning trading on Friday after China's automotive regulator said it planned to exclude several Tesla models from a purchase tax. China's Ministry of Industry…
The J&J Opioid Verdict Is Just How the…
Noah Feldman is a Bloomberg Opinion columnist. He is a professor of law at Harvard University and was a clerk to U.S. Supreme Court Justice David Souter. His books include “The Three Lives of James…