So far, Bloomberg has given away $5B to causes that often dovetail with his political interests, like gun control and the environment.
German business sentiment rose to the strongest level in almost six years in a sign that the momentum in Europe's largest economy is set to continue.
This year's Chinese steel price rout heralds worse to come, according to a 50-year industry veteran who says the world's top producer is poised for a painful contraction as demand tumbles and rival nations build trade barriers.
Two of the world's biggest health-care suppliers plan to combine as Becton, Dickinson & Co. agreed to buy C.R. Bard Inc. for $24 billion, creating a powerhouse that can offer customers everything from syringes to infection-prevention technology.
ENTREPRENEURSHIP. Ore. teen sells $1 million worth of custom socks. Seventeen-year-old Sherwood, Ore., resident Brennan Agranoff spends his days going to school, doing chores, and running his custom-design sock business.