Michael Kremer was worried the Skype message was a scam. Kremer says he's watched economics change over the years to a discipline in which researchers engage more with people on the ground. Nobel Prize in economics winners Abhijit Banerjee and Esther Duflo say they're just like any other married
Philippines' Metro Pacific Investments Corp said on Tuesday it is selling a stake in the country's largest hospital chain to a consortium led by private equity firm KKR & Co for 35.3 billion pesos ($684.5 million). The consortium will acquire a 42.5% stake in Metro Pacific Hospital Holdings
Tokyo stocks opened higher Tuesday after a typhoon battered Japan over the long weekend, as investors played catch-up with other markets and Washington and Beijing worked on a trade deal. The benchmark ...
Shares of AT&T (T) have surged 31% in 2019 to easily top its industry's 8% average climb and the S&P 500's 17% jump. So will AT&T stock continue to climb after it reports its Q3 2019 earnings results?
Oil has arguably been the most important commodity in human history, with everything from wars to recessions and even technological breakthroughs leading to price booms and busts
Oct.14 -- Early investors in Pinterest Inc., the fifth best-performing IPO this year among technology and communication stocks, have their first opportunity to cash in some gains. Bloomberg Intelligence's Jitendra Waral has more on "Bloomberg Technology."
Harley-Davidson announced on Monday that it had suspended production and delivery of its LiveWire electric motorcycle, which the brand had rolled out as part of a diversification push. The Wall Street Journal reported that the decision came after a problem with the vehicle's battery charging was
The agency ordered a series of corrective actions, including a goal of restoring power within 12 hours, not the utility's current 48-hour goal. "The scope, scale, complexity, and overall impact to people's lives, businesses, and the economy of this action cannot be understated," California
Facebook couldn't avoid losing another Libra Association member before it formalized the cryptocurrency's council. Booking Holding, the company behind Booking.com, Kayak and Priceline, has withdrawn from the Libra Association just before the organization's members signed the council charter
Millions of Californians spent part of the week in the dark in an unprecedented effort by the state's large electrical utilities to prevent another devastating wildfire. It was the fifth time Pacific Gas & Electric Co. has preemptively cut the power but by far the largest to date in the utility&
Two researchers from the Massachusetts Institute of Technology and a third from Harvard University won the 2019 Nobel Prize in economics on Monday for groundbreaking research into what works and what doesn't in the fight to reduce global poverty. The award went to MIT's Abhijit Banerjee and
The death toll in the worst typhoon to hit Japan for decades climbed to 58 on Tuesday as rescuers slogged through mud and debris in an increasingly grim search for the missing and as thousands of homes remained without power or water. The storm hit a wide swathe of central and eastern Japan, with 15
Oct.14 -- Jamie Hodari, Industrious chief executive officer and founder, discusses the company's co-working business model and profitability outlook with Bloomberg's Taylor Riggs on "Bloomberg Technology."
The union representing the 48,000 workers who have been striking General Motors Co for about a month have scheduled a meeting on Thursday to update the leaders of the various union locals from around the country on the status of the talks, several people familiar with the plans said on Monday. The
Royal Dutch Shell still sees abundant opportunity to make money from oil and gas in coming decades even as investors and governments increase pressure on energy companies over climate change, its chief executive said. But in an interview with Reuters, Ben van Beurden expressed concern that some
Royal Dutch Shell still sees abundant opportunity to make money from oil and gas in coming decades even as investors and governments increase pressure on energy companies over climate change, its chief executive said. Shell, which supplies around 3% of the world's energy, set out in 2017 a plan
With the strike by factory workers against General Motors in its 29th day, there are signs that negotiators may be moving toward an agreement. "The fact that they're not name-calling anymore, at least for now, they've stayed a little later at least," said Art Schwartz, a former GM
The attacks on Saudi oil infrastructure sent ripples through the oil markets, and the absence of repercussions from Washington or Riyadh may well encourage more attacks
The UK generated more power from renewable sources than from fossil fuels in the third quarter of 2019. This is the first time that's happened since the UK opened its first public electricity-generating station in 1882. The findings, revealed in an analysis by Carbon Brief, speak to progress the
Facebook officially moved forward with its plans Monday to create a new digital currency called Libra, despite several high-profile defections from the project and intense criticism from U.S. regulators and politicians. The Libra Association, the nonprofit that will govern the currency, officially signed
If you've used the command line in Linux or a Unix-based platform like macOS, you're probably familiar with the "sudo" command -- it lets you run tasks with different (usually elevated) permissions than you'd otherwise have. It's powerful, but it was apparently too powerful