Bloomberg Politics: news on page 254

States Get Ready to Tax Sports Betting

States Get Ready to Tax Sports Betting

If there’s one sure thing in sports gambling, it’s that states will try to cash in.
Germany Says It Won’t Meet Trump's Demand on Defense Spending for Years

Germany Says It Won’t Meet Trump's Demand on Defense Spending for Years

German defense spending will fall far short of levels demanded by President Donald Trump for years to come, Chancellor Angela Merkel’s defense minister said.
How Sworn Enemies Toppled Najib But Now Pose a New Risk to Malaysia

How Sworn Enemies Toppled Najib But Now Pose a New Risk to Malaysia

The rapprochement between Mahathir Mohamad and Anwar Ibrahim led to an alliance between their parties and a shock election win last week.
As Trump Haggles With China on Trade, Company Fortunes Are at Stake

As Trump Haggles With China on Trade, Company Fortunes Are at Stake

Chinese and American firms are finding that their fortunes in trying to tap the world’s two largest economies are increasingly dependent on the fast-changing political environment.
Anonymous Teens Can’t Take Part in NRA Suit Over Florida Law, Judge Says

Anonymous Teens Can’t Take Part in NRA Suit Over Florida Law, Judge Says

A Florida judge denied the National Rifle Association’s request to have two 19-year-old gun enthusiasts anonymously join the group’s lawsuit challenging new age requirements for gun purchases.
Trump Health Secretary Says Drugmakers Must Help Cut Prices

Trump Health Secretary Says Drugmakers Must Help Cut Prices

President Donald Trump’s top health official said the administration plans to turn up the heat on the pharmaceutical industry if it doesn’t work with the government to help lower the price of drugs in
Nafta Trio Set to Miss Ryan's May 17 Target Without Deal

Nafta Trio Set to Miss Ryan's May 17 Target Without Deal

Nafta negotiators from the U.S., Canada and Mexico are poised to miss the deadline this week cited by House Speaker Paul Ryan, the latest blown marker for reworking the 24-year-old deal.
Market-Friendly Candidate Plunges in Brazil Presidential Race, Poll Says

Market-Friendly Candidate Plunges in Brazil Presidential Race, Poll Says

The leading market-friendly candidate in Brazil’s presidential race this year plummeted while a leftist contender rose, according to an opinion poll published on Monday.
U.S. Supreme Court Limits Police Rental-Car Searches

U.S. Supreme Court Limits Police Rental-Car Searches

The U.S. Supreme Court ruled that rental-car drivers may have the right to prevent police from searching the vehicle, even if they aren’t authorized to drive it.
Novartis’s Cohen Payment Is Subject of Swiss Prosecutor Talks

Novartis’s Cohen Payment Is Subject of Swiss Prosecutor Talks

Switzerland’s attorney general is in discussions with local prosecutors in the hometown of Novartis AG about payments the drugmaker made to one of Donald Trump’s lawyers.
States Can Legalize Sports Gambling, U.S. Supreme Court Rules

States Can Legalize Sports Gambling, U.S. Supreme Court Rules

The U.S. Supreme Court freed states to legalize gambling on individual sporting events, unleashing a race to attract billions of dollars in wagers and heralding a new era for the nation’s sports
Trump Helps to Save ZTE Ahead of Trade Talks

Trump Helps to Save ZTE Ahead of Trade Talks

The U.S. and China signaled a desire to avoid a costly trade war after President Donald Trump offered a lifeline to beleaguered telecom equipment maker ZTE Corp. and China’s Xi Jinping dispatched his
U.S. Supreme Court Turns Away Gun ‘Right to Sell’ Appeal

U.S. Supreme Court Turns Away Gun ‘Right to Sell’ Appeal

The U.S. Supreme Court on Monday rejected an appeal by three men who were denied a permit to open a gun store in northern California.
Deadly Gaza Violence Clouds U.S. Embassy Move

Deadly Gaza Violence Clouds U.S. Embassy Move

Thousands of Gaza protesters descended on the border with Israel, leading to deadly Israeli gunfire that cast a pall over President Donald Trump’s contentious inauguration of a U.S. embassy in
Anti-Spoofing Law Survives as U.S. Supreme Court Rejects Trader

Anti-Spoofing Law Survives as U.S. Supreme Court Rejects Trader

The U.S. Supreme Court turned away an appeal from the first commodities trader convicted of spoofing since Congress made it a crime, rejecting arguments that the 2010 ban is so vague it should be
EU Sees $23.5 Billion in Revenue From Financial-Transaction Tax

EU Sees $23.5 Billion in Revenue From Financial-Transaction Tax

A proposed tax on financial transactions in 10 European Union countries could generate about 19.6 billion euros ($23.5 billion) of annual revenue, though Brexit could make collection more difficult,
Italian Populists Head to Overtime Divided on Coalition Plan

Italian Populists Head to Overtime Divided on Coalition Plan

Italy’s populists are struggling to nail down the final details of their plans to form the next government and tensions are beginning to mount.
Croatian Deputy Premier Resigns Over Role in Agrokor Law

Croatian Deputy Premier Resigns Over Role in Agrokor Law

Croat Deputy Prime Minister Martina Dalic resigned from her post amid allegations of conflict-of-interest tied to her role in the state-led restructuring of Agrokor d.d., the country’s biggest

Nigerian Mines Minister Fayemi to Step Down by End of Month

Nigerian Mines Minister Kayode Fayemi said he plans to step down at the end of the month because he’s running in an election to become governor of Ekiti state in July.