The following list comprises the most-read Bloomberg News reports during March.
1. Malaysia Search Focuses India on Andaman as Air Piracy Seen
March 14 (Bloomberg) -- India’s navy set up a search zone for the missing Malaysian airliner in the Andaman Sea, hundreds of miles off the course of Flight 370, as evidence mounted that the plane may have flown long after controllers lost contact.
March 13 (Bloomberg) -- The Standard & Poor’s 500 Index fell, erasing its gain for the year, while Treasuries and the yen advanced as tension persisted in Ukraine. Copper declined as data from China missed estimates and gold reversed losses.
3. Malaysia Hunt Spans Sea to Space as Debris Seen Near Vietnam
March 11 (Bloomberg) -- Malaysia widened the search area for a missing jetliner, dispatching ships to check debris in the South China Sea, as the hunt for clues spread to space with satellite surveillance in a mystery entering its fourth day.
4. Stocks Slide Most in Month as Crimea Fans Bond Gains; Oil Climbs
March 3 (Bloomberg) -- Stocks slid, with an index of global equities tumbling the most in a month, while the ruble weakened to an all-time low as Russia’s growing military presence in Ukraine prompted an emerging-market selloff. The yen, U.S. Treasuries and gold rose as investors sought havens.
5. BofA Said to Cut Jobs Across Montag’s Banking, Trading Divisions
March 20 (Bloomberg) -- Bank of America Corp. is cutting jobs across co-Chief Operating Officer Thomas Montag’s global trading and investment banking units, according to three people with direct knowledge of the decision.
6. U.S. Stocks Drop on Economy, Ukraine Concern While Gold Sinks
March 24 (Bloomberg) -- U.S. stocks fell for a second day as a report showed slowing growth in manufacturing while European shares slid amid concern the Ukraine crisis may escalate. Gold had its biggest drop of the year.
7. Bugatti-Driving 26-Year-Old Tied to Penny Stocks: Best of Week
March 22 (Bloomberg) -- Short-sellers and stock promoters have puzzled for years over who operated one of the largest penny-stock websites. A U.S. lawsuit points to a Bugatti-driving 26-year-old from Montreal.
8. Citigroup Fails Fed Stress Test as BofA Gets Dividend Boost
March 27 (Bloomberg) -- Citigroup Inc.’s capital plan was among five that failed Federal Reserve stress tests, while Bank of America Corp. won approval for its first dividend increase since the financial crisis.
9. Jet Search Resumes Off Australia for Objects Seen by Satellite
March 21 (Bloomberg) -- Patrol planes are resuming the hunt for Malaysia’s missing jetliner in the Indian Ocean off Australia after an initial foray failed to find objects seen in satellite images that kindled hopes for a breakthrough.
10. Stocks Rally From Biggest Slump in Month as Gold to Oil Retreat
March 4 (Bloomberg) -- Global stocks rebounded from the biggest drop in a month and the ruble rallied as Russia said there was no immediate need to invade eastern Ukraine. Bonds retreated with gold as oil slipped the most in two months.
1. Ken Lewis Gets to Stick It to New York’s Top Cop: Jonathan Weil
March 27 (Bloomberg) -- There is so much to love about Ken Lewis’s $10 million settlement with the New York attorney general. For starters, the former Bank of America Corp. chief executive officer isn’t paying the $10 million. Bank of America is.
2. Secret Service Party Animals Had Another Bash: Margaret Carlson
March 26 (Bloomberg) -- U.S. Secret Service agents used to have the inscrutability of guards at Buckingham Palace and the demeanor of Clint Eastwood in “In the Line of Fire.” Nothing is as it used to be, from the priesthood to banking, so why should the Secret Service be any different? Still it’s a shock when those men in black break character for nights of drinking and partying to the point where the host country calls out the Ugly Americans.
3. Republican Senate Could Bypass Vetoes: Albert R. Hunt
4. Don’t These Banks Seem Too Small to Stress Over?: Jonathan Weil
March 24 (Bloomberg) -- Could the U.S. financial system really not survive the collapse of Zions Bancorporation?
5.Snyder on What Detroit Wants From Washington: Margaret Carlson
March 24 (Bloomberg) -- Don’t send money, Washington
1. Draghi Says Inflation to Accelerate as ECB Holds Rates
March 6 (Bloomberg) -- European Central Bank President Mario Draghi speaks at a news conference in Frankfurt about inflation forecasts and the prospects for the euro-region economy.
2. Putin Calls for Russia to Annex Crimea After Vote
March 18 (Bloomberg) -- President Vladimir Putin speaks in Moscow about annexing Ukraine’s separatist region of Crimea. (This report is in Russian.)
3. Fed Chair Janet Yellen News Conference
March 19 (Bloomberg) -- Federal Reserve Chair Janet Yellen speaks about the outlook for the U.S. economy and Fed policy.
4. Kerviel Walks Rome-to-Paris to Forget Trading Loss
March 17 (Bloomberg) -- Jerome Kerviel, the 37-year-old former trader at Societe Generale SA convicted of losing 4.9 billion euros ($6.9 billion), is walking the 1,400 kilometers back home to Paris after a Feb. 19 meeting with Pope Francis in Rome.
5. Lamborghini Unveils Huracan at Geneva Motor Show
March 5 (Bloomberg) –- Lamborghini is debuting the 610-horsepower Huracan at this year’s Geneva International Motor Show, which replaces the $181,900 Gallardo -- the Volkswagen AG unit’s all-time best seller. Lamborghini says the Huracan is a rocket anyone can drive.
To contact the editors responsible for this story: Alan Mirabella at firstname.lastname@example.org Heather Langan