Oil prices dropped the most in three years, sending stocks down as well. Investors had been buoyed by the potential for trade talks between China and the U.S., but ran for cover when U.S. President Donald Trump slammed Saudi Arabia’s plan to cut output. —David E. Rovella Here are today's top storiesStill smarting from widespread criticism for skipping a memorial for U.S. soldiers who died in WWI, Trump used Twitter to insult France Tuesday—and was quickly trolled by a French official. Trump likely has bigger things to worry about than a rainy weekend abroad. Special Counsel Robert Mueller may soon unveil new indictments in his probe of potential collusion between Trump's campaign and Russia in that nation's effort to influence the 2016 U.S. presidential election. The U.S. recorded a $100.5 billion budget deficit in October, an increase of about 60 percent from a year earlier. In a few weeks, humanity may take its first paid ride into the age of driverless cars, thanks to Waymo. Yes, it's really about to happen. Google wants a new campus, so it made San Jose officials sign nondisclosure agreements as part of the deal. Now they're being sued. Facebook's ad platform is quick to learn, easy to use and filled with blind spots that are causing huge problems for political discourse. What's Joe Weisenthal thinking about? Spotify. He says keeping an eye on this consumer favorite is a good window into falling tech stocks. What you'll need to know tomorrowMelania Trump wants this woman fired from the White House.He earns $113,000, but can’t afford insurance for his children.Theresa May's Brexit plan is under attack from all sides.With iPhone demand falling, Apple has a Plan B: charge you more.The EPA can't wait to reopen a mine that poisoned North Idaho.Bloomberg Businessweek has 50 companies to watch in 2019.Take our Tesla quiz to test your knowledge of the electric carmaker. Sponsored Content by Divvy Are you living in expense report hell? You don’t have to. Divvy eliminates expense reports, rids you of saving receipts, gives you better visibility of over company spending, and it’s free. Yup. 100% free. Sign up for a demo now and get $100. Get a demo! What you'll want to read tonightWhile Amazon's "HQ2" will be split between Virginia and New York City, you don't have to be a brain surgeon to know which will generate the most agita. Already, the retailer and its political patrons are under assault for encouraging gentrification in a city already choked by it, giving massive financial incentives (double that of Virginia), threatening affordable housing for working class residents, flooding a barely-functioning transportation system and generally keeping locals in the dark. That last one, any real New Yorker will tell you, is never, ever a good idea. Have you started strategizing for 2019? We have. Don’t miss the annual Bloomberg Businessweek special report, The Year Ahead, on the major trends, disruptions, breakthrough products, innovations and movements to watch in the coming year. Get Bloomberg All Access in time to receive this issue in print and much more. Wake up with the biggest stories in politics: Balance of Power, which arrives in your inbox every morning, breaks down the latest political news, analysis, charts, and dispatches from Bloomberg reporters around the globe. Sign up here. Download the Bloomberg app: It's available for iOS and Android. |