Bloomberg Politics: news on page 561

Theresa May’s Cabinet Reboot Descends Into Chaos

Theresa May’s Cabinet Reboot Descends Into Chaos

U.K. Prime Minister Theresa May’s attempt to give her government a 2018 reboot was marred by a chaotic cabinet reshuffle as senior ministers refused to follow her orders. It’s a development that bodes
Harvard's Nye Says Trump Sideshow Has Become the Main Show

Harvard's Nye Says Trump Sideshow Has Become the Main Show

Joseph Nye, professor at Harvard University, discusses the Trump administration, the possible impact of Brexit on the U.K. and the 2018 U.S. midterm elections. He speaks on "Bloomberg Markets."
Netanyahu’s Son Toured Strip Clubs in Government Armored Car, Report Says

Netanyahu’s Son Toured Strip Clubs in Government Armored Car, Report Says

Israeli television broadcast a 2015 recording in which Prime Minister Benjamin Netanyahu’s son banters with a son of a shareholder in a gas company that won offshore drilling rights from the
Top Republican Says Democrats Are Holding Spending Deal Hostage Over Immigration

Top Republican Says Democrats Are Holding Spending Deal Hostage Over Immigration

GOP Senator John Cornyn of Texas accused Democrats of holding “hostage” any agreement on a spending bill to prevent a government shutdown until they get assurances that young undocumented immigrants
Korea Society President Sees Inter-Korea Talks as Good Sign

Korea Society President Sees Inter-Korea Talks as Good Sign

Korea Society President Thomas Byrne discusses talks between North and South Korea. He speaks with Bloomberg's Shery Ahn and David Westin on "Bloomberg Markets: Balance of Power." (Source: Bloomberg)
Trump Is Close to Picking His Fed Vice Chairman Nominee, Official Says

Trump Is Close to Picking His Fed Vice Chairman Nominee, Official Says

President Donald Trump is very close to making a decision on his nominee to be vice chairman of the Federal Reserve, said a White House official, speaking on condition of anonymity.
Congress Divided on Immigration as Shutdown Looms

Congress Divided on Immigration as Shutdown Looms

Toluse Olorunnipa reports on the battle in Congress over a spending bill and a potential shutdown of the government on "Bloomberg Markets." (Source: Bloomberg)
Eli Lilly CEO Says Tax Reform May Lead to More Successful Deals

Eli Lilly CEO Says Tax Reform May Lead to More Successful Deals

Eli Lilly & Co. Chief Executive Officer Dave Ricks said on Monday that the recent changes in U.S. tax policy will help the drugmaker lower its global tax burden as he continues to look for deals
Trump Tells Farmers His Tax Cuts Will Boost the Rural Economy

Trump Tells Farmers His Tax Cuts Will Boost the Rural Economy

President Donald Trump told a group of farmers on Monday that recent tax cuts and deregulation will revitalize the U.S. rural economy.
Trump Health Nominee Backs Some U.S. Bargaining on Drug Prices

Trump Health Nominee Backs Some U.S. Bargaining on Drug Prices

President Donald Trump’s pick to lead the U.S. Department of Health and Human Services said that he’s open to negotiating some drug prices for Medicare, while backing a largely dormant proposal to
Regulators Reject Perry’s Plan to Help Coal and Nuclear Plants

Regulators Reject Perry’s Plan to Help Coal and Nuclear Plants

The White House’s plan to bail out America’s coal country has been shot down -- by the very energy regulators that President Donald Trump appointed last year.
Despite Austerity, Brazil's Wallet Looks Emptier Than Ever Before

Despite Austerity, Brazil's Wallet Looks Emptier Than Ever Before

Brazil has been adopting fiscal austerity measures for the better part of four years. Yet its fiscal situation is even more prickly than before.
Buzz Grows for Oprah 2020

Buzz Grows for Oprah 2020

Bloomberg's Marty Schenker discusses the talk of a White House run by Oprah Winfrey in 2020, spurred by her speech at the Golden Globes. He speaks on "Bloomberg Markets: Balance of Power." (Source:
Ex-Ambassador Garza Says Border Wall Is Bad Economics

Ex-Ambassador Garza Says Border Wall Is Bad Economics

Antonio Garza, former U.S. ambassador to Mexico, discusses the fate of DACA with David Westin and Shery Ahn on "Bloomberg Markets: Balance of Power." (Source: Bloomberg)
Tax Refunds in Hand, Americans Go See the Doctor, Report Finds

Tax Refunds in Hand, Americans Go See the Doctor, Report Finds

As tax season approaches, some consumers are waiting for their refund checks to spend on a long-delayed purchase -- a visit to the doctor or dentist.
Mitt Romney Treated for Prostate Cancer Last Year

Mitt Romney Treated for Prostate Cancer Last Year

Mitt Romney, the Republican presidential nominee in 2012, was treated for prostate cancer last year, an aide said.
Former Breitbart Spokesman Says Bannon Is a Liability

Former Breitbart Spokesman Says Bannon Is a Liability

Kurt Bardella, former Breitbart spokesman, discusses Steve Bannon and the future of Breitbart News. He talks to David Westin and Shery Ahn on "Bloomberg Markets: Balance of Power." (Source: Bloomberg)
Grassley Won't Release Fusion GPS Transcript From Russia Probe

Grassley Won't Release Fusion GPS Transcript From Russia Probe

The partisan fight over the Trump dossier is intensifying on Capitol Hill.
Oprah Winfrey's Globes Speech Stirs Talk of a Trump Challenge

Oprah Winfrey's Globes Speech Stirs Talk of a Trump Challenge

Democratic Party operatives and some Republicans say that Oprah Winfrey could mount a formidable 2020 presidential campaign, after an impassioned speech at the Golden Globes on Sunday that was
GOP Rep. Taylor on Dreamers, Border Wall, Government Shutdown

GOP Rep. Taylor on Dreamers, Border Wall, Government Shutdown

Republican Congressman Scott Taylor of Virginia discusses immigration, border security and a potential government shutdown on "Bloomberg Markets: Balance of Power." (Source: Bloomberg)