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Even more than before, President Donald Trump now has the chance to entirely reshape the Federal Reserve. Janet Yellen’s term as chair ends early next year, and her deputy, Stanley Fischer, has just resigned, citing personal reasons. Soon Trump will be able to appoint a new person to the top job and three other positions on the seven-member board — ...

Aung San Suu Kyi, Myanmar’s iconic leader, is sacrificing her moral authority for political expediency. By failing to speak out against repression — and, more broadly, by not doing enough to help her country grow and prosper — she risks losing both her power and her reputation. Suu Kyi, whose years leading the resistance to the Burmese junta earned her ...

I recently had a discussion with my Bloomberg View colleagues Conor Sen and Justin Fox about whether cities or suburbs are the future in the US, this turns out to be a very popular and contentious topic. Richard Florida, the noted urbanist, recently bemoaned the death of the great urban revival that saw young Americans flocking to city centers during ...

Imagine buying a home when the previous owner continues to live in it and call the shots, indefinitely. Imagine running a market that matched such sellers with buyers. That’s the dilemma facing Hong Kong and other financial hubs such as Singapore and London as they consider accepting the dual-class shareholding structure used by US-listed tech giants like Facebook Inc. and ...

There are objective reasons why some of Apple’s new smartphones, which were unveiled on Tuesday, will sell for more than $1,000. The iPhones, including the top-of-the line X model — the 10th anniversary edition — have some cutting-edge components, which are expensive and rare. Prices are increasing for all leading smartphones that come ever closer to combining computer and camera ...

Bloomberg Malaysia Airlines Bhd. agreed to buy Boeing Co.’s 787-9 Dreamliners and 737 Max jets as the Southeast Asian nation’s flag carrier looks to boost services on its busiest routes. The airline signed a memorandum of understanding for eight of the carbon-composite Dreamliners, and eight 737 Max 8s, Boeing said in an e-mailed statement. The planes are worth $3.06 billion ...

Bloomberg EasyJet Plc struck a deal with Norwegian Air Shuttle ASA and Canada’s WestJet Ltd allowing its passengers to transfer onto their long-haul flights at London Gatwick airport. Europe’s second-biggest discount airline is exploring similar accords with Middle Eastern and East Asian carriers, and plans to extend the service to some of its other major bases, according to a statement. ...

Bloomberg JC Penney Co. bailed on Brazil more than a decade ago. In hindsight, sticking it out would have been the smarter move. Lojas Renner SA, the Brazilian retailer that JC Penney divested in 2005 for $230 million, is now worth $7.9 billion, an increase of more than 3,300 percent. Meanwhile, the iconic American department-store chain has seen its own ...

Bloomberg For decades, a thunderstorm or missed connection meant you might have to sleep in the airport, leaving frustrated travellers with a truly tired dilemma: Is the boarding gate chair-curl worth a try, or is it better just to grab some floor? Some airports are considering a better way to accommodate unlucky passengers while making some money in the process. ...

ABU DHABI / Emirates Business The global e-learning industry is fast climbing, thanks to conti-nuous advanced technological innovations, high modern skill demand in the market, and the need to update individual competencies for career advancement, among other factors. Market research firm Research and Markets predicts that the international online learning market will experience a compound annual growth rate of approximately ...