Industries

Auto Industry

Fiat Chrysler’s Five-Year U.S. Streak May End on Calendar Quirk

Chrysler exited bankruptcy in 2009 with a new leader and a sales momentum that hasn’t let up for more than five years. That streak may end this month because of a calendar quirk that pushes Labor Day weekend and all the sales that come with it into September.

Wall Street

Tech Firm Serving Hedge Funds Shows Perils in Money-Losing IPOs

Brian Ferdinand, a young financier who once managed 400 day traders from lower Manhattan, saw opportunity in the thousands of small hedge funds eager to make it big. Offer them a trading platform and free software, he thought, and then charge them for each trade. He founded a company, eventually pulling in former executives from UBS, Nymex and Goldman Sachs, to cash in on this combination of Wall Street and cloud computing.

Energy

Markets Will Be Messy for Next Two Months

City Financial Investment Director Peter Toogood discusses European equities and the rally in oil. He speaks to Bloomberg's Guy Johnson and Anna Edwards on "Countdown." (Source: Bloomberg)

Why the Rest of the Year Will Be Difficult for Markets

City Financial Investment Director Peter Toogood discusses the outlook for the global markets following the worst month for stocks since 2012. He speaks to Bloomberg's Guy Johnson and Anna Edwards on "Countdown." (Source: Bloomberg)

Ringgit Climbs With Bonds as Political Rallies Pass Peacefully

Malaysia’s ringgit rose to a one-week high and bonds rallied after weekend protests calling for the resignation of Prime Minister Najib Razak ended peacefully. An overnight surge in oil prices also aided local markets as they reopened after Monday’s National Day holiday.

Real Estate

Manhattan Gets First Crowdfunded Condos

New York’s first real estate project financed significantly though crowdfunding is set to open, a step forward for a nascent investing model that has yet to prove itself in commercial property.

Oil Drops

It's bad for the exporters, great news for you

Stats

700

In December, drilling contractor Ensign Energy Services Inc. told California regulators that it planned to dismiss as many as 700 workers.

Health Care

Why Alternatives Are Key During Market Extremes

Blue Sky Alternative Investments CEO Mark Sowerby discusses investing in alternative assets during market extremes and his strategy for growth. He speaks to Bloomberg's Rishaad Salamat on "Trending Business." (Source: Bloomberg)