Bloomberg Politics: news on page 730

Profit Outlook Suggests Trump Claim on Stock Rally Overblown

Profit Outlook Suggests Trump Claim on Stock Rally Overblown

Step aside analysts. U.S. President Donald Trump knows why stocks are at an all-time high.
Abe Says In Complete Agreement With Trump Over N. Korea

Abe Says In Complete Agreement With Trump Over N. Korea

Japanese Prime Minister Shinzo Abe speaks about U.S., Japan relations and North Korea during a joint press conference with President Trump in Tokyo. (Source: Bloomberg)
Anthony Weiner Reports to Prison

Anthony Weiner Reports to Prison

Former Democratic Representative Anthony Weiner reported to prison Monday to begin a 21-month sentence for sexting with a 15 -year-old girl.
Plante Ousts Coderre to Become Montreal’s First Female Mayor

Plante Ousts Coderre to Become Montreal’s First Female Mayor

Valerie Plante won her bid to become Montreal’s first-ever female mayor by knocking off incumbent Denis Coderre, a career politician whose sometimes abrasive style may have cost him a second term.
Indonesia to Probe Subianto, Suhartos Over Paradise Papers

Indonesia to Probe Subianto, Suhartos Over Paradise Papers

Indonesian authorities are investigating if former presidential candidate Prabowo Subianto and the children of ex-dictator Suharto, named in documents leaked from a Bermuda law firm, are in breach of
Trump: Texas Mass Shooting Is About Mental Health, Not Guns

Trump: Texas Mass Shooting Is About Mental Health, Not Guns

A man dressed in black tactical-style gear killed 26 people and wounded at least 16 others inside a Baptist church in a small South Texas community
Saudi Arabia Says Missile Strike Could Be ‘Act of War’ by Iran

Saudi Arabia Says Missile Strike Could Be ‘Act of War’ by Iran

Saudi Arabia blamed Iran for an attempted missile attack on Riyadh’s international airport, saying it could be considered an “act of war” and that the kingdom had the right to defend itself.
Catalan Leader Freed in Brussels as Court Mulls Spain Demand

Catalan Leader Freed in Brussels as Court Mulls Spain Demand

Ousted Catalan president Carles Puigdemont was released after less than a day in custody as a court in Brussels considers how to respond to a Spanish demand for his arrest.
Trump Pushes Japan to Buy Military Equipment, Hits Out on Trade

Trump Pushes Japan to Buy Military Equipment, Hits Out on Trade

President Donald Trump urged Prime Minister Shinzo Abe to purchase U.S. military equipment to create jobs in America after telling business leaders that Japan had an unfair advantage on trade.
Theresa May’s Political Nightmare Just Keeps Getting Worse

Theresa May’s Political Nightmare Just Keeps Getting Worse

The U.K. prime minister spent Monday morning swerving questions about Brexit, tax evasion and sexual harassment in front of an audience of business titans.
How China and Environmentalists Became Unlikely Bedfellows

How China and Environmentalists Became Unlikely Bedfellows

If politics make strange bedfellows, few are more unlikely than the growing link between China and the environmentalists seeking to rein in climate change.
Oil Pierces Two-Year High as Saudi Roundup Rattles Markets

Oil Pierces Two-Year High as Saudi Roundup Rattles Markets

Oil prices have climbed by $15 from their nadir this year to breach $57 a barrel on Monday, spurred by a cascade of events that began with widespread arrests among Saudi Arabia’s elite.
Was Modi's Grand Cash Ban a Big Waste of Time?

Was Modi's Grand Cash Ban a Big Waste of Time?

Corruption, black money, terrorism, fake currency -- Prime Minister Narendra Modi resolved to eliminate all in one stroke when he announced India’s biggest-ever cash ban on Nov. 8 last year.
Manafort Claims Worth of $28 Million But Mueller Has His Doubts

Manafort Claims Worth of $28 Million But Mueller Has His Doubts

Paul Manafort, the indicted former campaign chairman for President Donald Trump, says he’s worth $28 million. But prosecutors have their doubts and aren’t convinced about the value of his Trump Tower
House Tax Chief Plans to ‘Simplify’ Rules on Partnerships, LLCs

House Tax Chief Plans to ‘Simplify’ Rules on Partnerships, LLCs

House Ways and Means Chairman Kevin Brady said Sunday he anticipates changes in the Republican tax bill that would “simplify” rules surrounding a proposed 25 percent tax rate for partnerships, limited
Ross Says He’ll ‘Probably’ Sell Stake in Putin-Linked Company

Ross Says He’ll ‘Probably’ Sell Stake in Putin-Linked Company

Commerce Secretary Wilbur Ross faces questions about his financial disclosures to Congress and the government after a report that he has business ties to the son-in-law of Russian President Vladimir
May to Say Brexit Transition Phase ‘Crucial’ for U.K. Business

May to Say Brexit Transition Phase ‘Crucial’ for U.K. Business

U.K. Prime Minister Theresa May will tell one of the nation’s biggest business groups that she backs a Brexit transition period to give companies more certainty, while urging executives to be more
House Tax Proposal Seen Hiking Bills on Some Lower Earners Long Term

House Tax Proposal Seen Hiking Bills on Some Lower Earners Long Term

Congressional Republicans scrambled on Sunday to respond to economic studies that suggest the House’s tax-overhaul bill would benefit the highest earners most in the long run and would fail to pay for