Bloomberg Politics: news on page 711

Fear of the Taxman Blights Modi's Quest to Expand Formal Economy

Fear of the Taxman Blights Modi's Quest to Expand Formal Economy

Twice in the past year, Mohammed Mohsin’s textile design business was buffeted by major changes in the Indian economy. First, a ban on high-value notes, then a new tax system. Now, he senses yet
Al Franken Calls for Big Tech Algorithms to Be More Transparent

Al Franken Calls for Big Tech Algorithms to Be More Transparent

Senator Al Franken called for more transparency into how Alphabet Inc.’s Google, Facebook Inc. and Amazon.com Inc. choose what news and products users see and said lawmakers should investigate the
Women Are Rising Up the U.K. Corporate Ladder, But Not Fast Enough

Women Are Rising Up the U.K. Corporate Ladder, But Not Fast Enough

For all the talk of wanting more women in positions of power, the number of female executives in Britain’s biggest traded companies has barely shifted.
Brexit Talks Resume With EU Wary of U.K. Political Risk

Brexit Talks Resume With EU Wary of U.K. Political Risk

Brexit talks resumed Thursday with no indication that a breakthrough is in reach: the Europeans are taking a cautious approach even as both sides hope for an agreement by year-end.
The Takeaways From Election Day 2017

The Takeaways From Election Day 2017

Bloomberg Businessweek's Josh Green examines the results of the 2017 U.S. elections. He speaks with Bloomberg's Scarlet Fu and Julia Chatterley on "Bloomberg Markets." (Source: Bloomberg)
Harvard's Furman Says House Tax Bill Will Hurt Growth

Harvard's Furman Says House Tax Bill Will Hurt Growth

Jason Furman, a professor at Harvard University's Kennedy School of Government and former top economic adviser to President Barack Obama, discusses the economic implications of the GOP tax overhaul
Tax Bill Offers Uneven Benefits and Hikes for Some, Analysts Say

Tax Bill Offers Uneven Benefits and Hikes for Some, Analysts Say

President Donald Trump’s promised tax cut for the middle class comes with some extra baggage in the bill House Republicans are considering: a much larger tax cut for the top 1 percent.
Ex-Saudi Crown Prince Makes a Rare Public Appearance

Ex-Saudi Crown Prince Makes a Rare Public Appearance

Saudi Arabia’s former Crown Prince Muhammad Bin Nayef made a rare public appearance following his ouster in June in a palace shakeup that brought his younger cousin closer to the throne.
Rand Paul Says He Suffered Six Broken Ribs in Attack at His Home

Rand Paul Says He Suffered Six Broken Ribs in Attack at His Home

Senator Rand Paul says a final medical report shows that he suffered six broken ribs and a "pleural effusion," a buildup of fluid around the lungs, in Friday’s incident when a neighbor tackled him
Russia's Latest Bailouts Have the Central Bank Counting Its Chickens

Russia's Latest Bailouts Have the Central Bank Counting Its Chickens

Russia’s new bailout mechanism has left the country’s central bank holding assets as diverse as poultry plants and nanotechnology firms. Now the regulator has to figure out just what to do with its
Of the Newest Governors, New Jersey's Has the Bigger Financial Bind

Of the Newest Governors, New Jersey's Has the Bigger Financial Bind

New Jersey Governor-elect Phil Murphy will have a much tougher time taking on the state’s finances than Ralph Northam, his counterpart in Virginia.
Menendez Jury Ends Third Day of Deliberation Without a Verdict

Menendez Jury Ends Third Day of Deliberation Without a Verdict

Jurors ended a third day of deliberations without a verdict at the bribery trial of Senator Robert Menendez, the New Jersey Democrat accused of taking official actions to help a top donor who paid him
What the 2017 Election Results Portend for the GOP

What the 2017 Election Results Portend for the GOP

Haley Barbour, former RNC chairman and former Mississippi governor, discusses the results of the 2017 elections and the implications for the GOP with Bloomberg's Shery Ahn and David Gura on "Bloomberg
Democrats Win by Reclaiming Coalition That Failed Them in 2016

Democrats Win by Reclaiming Coalition That Failed Them in 2016

Democrats won a sweeping statewide victory in Virginia by energizing the coalition that was supposed to carry them into the future but failed them in 2016: young voters and women.
DNC Chair Says Election Results a Repudiation of Trump

DNC Chair Says Election Results a Repudiation of Trump

Tom Perez, chairman of the Democratic National Committee, discusses the results of the 2017 U.S. elections with Bloomberg's David Gura and Shery Ahn on "Bloomberg Markets: Balance of Power." (Source:
Eight Things We Learned About U.K. Politics During Theresa May’s November Chaos

Eight Things We Learned About U.K. Politics During Theresa May’s November Chaos

November so far has been a train wreck for Theresa May, but out of the carnage -- she’s lost two ministers in a week -- some clarity has emerged on what it would take for this British prime minister
How Coal Giant Peabody's Ideas Ended Up in Trump's Coal Study

How Coal Giant Peabody's Ideas Ended Up in Trump's Coal Study

Days after Energy Secretary Rick Perry requested a study on how to help coal-fired power plants, a lobbyist for the largest U.S. coal producer contacted the department to offer his advice. Many of
Dave Camp Expects Tax Mark Up to Be Completed on Time

Dave Camp Expects Tax Mark Up to Be Completed on Time

Former House Ways and Means Committee Chairman Dave Camp discusses the prospects for tax reform with Bloomberg's Shery Ahn and David Gura on "Bloomberg Markets: Balance of Power." (Source: Bloomberg)
AT&T CEO Says He Won’t Sell CNN

AT&T CEO Says He Won’t Sell CNN

AT&T Inc. won’t sell CNN and never proposed such a deal, Chief Executive Officer Randall Stephenson said.
China’s CEOs View Trump as a Dealmaker

China’s CEOs View Trump as a Dealmaker

President Donald Trump’s ‘America First’ rhetoric on trade has prompted concerns among many that his words could soon be matched by action. Chinese executives say they’re not worried.