Articles filed under Bloomberg
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The Sears bankruptcy is likely to inflict pain on mall owners for yearsOct 15, 2018 1:00 am - As Sears Holdings Corp. goes through bankruptcy, retail landlords wondering how they could be impacted might want to look at a 2015 deal. Mall owner Macerich Co. struck ...
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Sears files for bankruptcy just as things are looking up for U.S. retailOct 15, 2018 1:00 am - A year ago, a Sears bankruptcy would have fit better into the U.S. retail narrative, given the steady decline of shopping malls and foundering chains. Today, however, wi...
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The cannabis industry is hiring. One snag: Pot is still illegalOct 14, 2018 1:06 am - Mainstream executives want in on the cannabis craze. That's not surprising, with the value of some Canadian pot businesses topping $10 billion and Coca-Cola Co. and Mols...
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How the super-rich are stockpiling wealth in black-box charitiesOct 14, 2018 1:00 am - It's all the rage in charitable giving — and it's actually got some charities worried. Donor-advised funds — money that grows tax-free in individual accounts — are resha...
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Wall Street's new left: Millennials see a politics beyond profitOct 14, 2018 1:00 am - For 65 hours a week, Zack Truelson works for Wall Street's hyper-capitalists. On weekends, he hits the streets for America's socialists. Truelson, 27, is part of a new g...
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Nothing says rock 'n' roll like a speaker as loud as a jackhammerOct 13, 2018 1:00 am - Startup Devialet, which makes the high-end Phantom music speaker popular with pop-star A-listers, wants to broaden its appeal by selling a more affordable wireless versi...
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Billionaire's Sears fiasco is finally nearing its endOct 12, 2018 1:00 am - Bit by bit, the smart money deserted Edward Lampert. Michael Dell, David Geffen, George Soros, the Ziff brothers - by 2012, all of them, and many more, had peeled away. ...
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Why it could take days to find out the midterm election resultsOct 12, 2018 1:00 am - Voters planning to stay up late on Election Night to find out which party wins control of the House and Senate should be prepared for a possible marathon wait. The unusu...
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Kanye's lunch with Trump: Adidas and hydrogen-powered planesOct 11, 2018 1:00 am - Musician and fashion designer Kanye West had lunch with President Donald Trump at the White House on Thursday, where they talked in front of reporters about West's contr...
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You can still deduct a client's meal on a night out, IRS saysOct 07, 2018 1:00 am - The Internal Revenue Service is giving businesses a tax break they thought they had lost in the tax overhaul last year - write-offs for wining and dining clients. The ag...