Bloomberg says he might run for president Michael Bloomberg, former New York mayor, has stated for the first time that he is considering a run for US president, according to the Financial Times.
Source: Financial Times
| By: Oliver Ralph, Demetri Sevastopulo, and Matthew Garrahan
Diamond Offshore-GE service tie-up may prompt other such deals At the heart of the deal is a critical equipment known as a blowout preventer, the failure of which caused the deadly BP Plc well blowout in Gulf of Mexico in 2010.. GE's oil and gas unit said on Monday it would buy back the BOPs it had sold to Diamond Offshore for four of its rigs for $210 million. GE will not be paid and will therefore feel the financial impact, similar to...
| By: Swetha Gopinath
Down on stocks? Get up on these alternatives While alternative investments do pose some risk, not all are more risky than stocks. And some asset classes are more easily understood than others.
| By: Sarah O'Brien, special to CNBC.com
New breed investors embrace China's white-knuckle ride *Summer, January crashes slash China stocks trading volume. BEIJING, Feb 7- A new breed of small investor is riding China's rollercoaster stock markets, looking for a quick buck and thriving on the volatility that has sent others scurrying to the exit clutching their stomachs. Last summer's 40 percent crash and a 20 percent drop so far in 2016 have sent trading...
| By: Jessica Macy Yu
China seeks male teachers to make boys men Worried that a shortage of male teachers is feminizing boys, Chinese educators are reinforcing traditional gender roles and values, the NYT reports.
Source: The New York Times
| By: Javier Hernandez
Sanders to appear on "Saturday Night Live" with Larry David -NYT Feb 5- Democratic presidential candidate Bernie Sanders plans to appear in an interview with Larry David on NBC's "Saturday Night Live", the New York Times reported on Friday. The U.S. senator from Vermont will travel to New York this weekend for the TV appearance, interrupting his campaign in New Hampshire, NYT reported on Friday, citing a senior campaign official.
UPDATE 1-Hutchison reviewing EU objections to O2 merger-source LONDON, Feb 5- CK Hutchison Holdings Ltd has received the EU's list of objections to its takeover of Telefonica's O2, which will create Britain's biggest mobile operator and cut the number of networks to three, a person familiar with the situation said. European Union antitrust regulators launched a full investigation last October into Hutchison's 10.3...
| By: Paul Sandle
Executive facing ouster from powerful agency defends tenure LOS ANGELES— The top executive at the powerful California Coastal Commission defended his record on the job Friday as he faced an effort to oust him, a potential shake-up that environmentalists fear could unleash runaway development on the state's fabled coastline. In his first public remarks on a proposal to dismiss him next week, Executive Director Charles...
Source: The Associated Press
| By: By MICHAEL R. BLOOD, Associated Press
INTERVIEW-Audi labour boss presses management for culture change *Labour boss demands more open management style. INGOLSTADT, Germany, Feb 5- Audi's labour boss said he will "hold management responsible" for adopting a new leadership culture, raising pressure on the luxury carmaker to implement change as it grapples with its emissions scandal. "Now we also want a thorough implementation" of new leadership principles, Audi works...
| By: Andreas Cremer
UPDATE 1-Amazon renews credit card deal with JPMorgan - WSJ Feb 4- Online retailer Amazon.com Inc has renewed its long-running credit card relationship with JPMorgan Chase& Co, the Wall Street Journal reported. At least one other card issuer was also interested in a tie-up with Amazon for payment cards, the Journal reported on Thursday, citing people familiar with the matter. The financial details of the deal were not...