In Virginia, Bloomberg Blasts Trump for Navy Leader’s Ouster

NORFOLK, VA (AP) — New presidential candidate Michael Bloomberg traveled to the city that hosts the world’s largest Navy base on Monday and blasted President Donald Trump over the recent ouster of the nation’s Navy secretary. For the first stop of his Democratic campaign, Bloomberg went to Norfolk, where he criticized Trump over the firing…

Charles Schwab buys TD Ameritrade in brokerage blockbuster

NEW YORK (AP) — Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement accelerated by massive disruption in the online brokerage industry. Competitive pressure has already forced brokerages to make it free for customers to trade U.S. stocks online, and Schwab’s buyout combines two of the biggest players…

Michael Bloomberg Launches Democratic Presidential Bid

NEW YORK (AP) — Billionaire and former New York City Mayor Michael Bloomberg, one of the world’s richest men, has formally launched a Democratic bid for president. Ending weeks of speculation, the 77-year-old former Republican announced his candidacy Sunday in a written statement posted on a campaign website describing himself as uniquely positioned to defeat…