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Business Headlines

Curated news from Bloomberg Business

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Business Headlines

published May 23rd 2017, 4:46 pm, by Tony Capaccio (Bloomberg) —President Donald Trump’s first full-year defense budget would delay big increases in multibillion-dollar weapons systems while putting more money into troop readiness and precision munitions, such as 100 additional Tomahawk cruise missiles from Raytheon Co. The budget proposed Tuesday for

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Business Headlines

published May 23rd 2017, 6:40 pm, by Tim Ross, Robert Hutton and Thomas Penny (Bloomberg) —The British military will guard music and sports events in an unprecedented security operation as police hunt for potential accomplices of the suicide bomber who killed 22 people at a Manchester pop concert. After meeting

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Flag Of Israel
Business Headlines

published May 22nd 2017, 7:45 pm, by Margaret Talev and David Wainer (Bloomberg) —Donald Trump is betting that Arab nations hold the key to securing peace between Israel and the Palestinians, a paradoxical premise founded on his belief that shared concern over Iran will bring longtime rivals to the bargaining

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Butchers trim pork loins at a Smithfield Foods processing plant in Missouri.
Business Headlines

published May 22nd 2017, 4:00 pm, by Bloomberg News (Bloomberg) —Inside a gated compound patrolled by armed guards, hulking towers and concrete buildings loom over fields where Silva Muthemba once grew maize and fattened his cattle. The granaries and surveillance cameras in this corner of southern Mozambique were part of

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Netflix Inc. Illustrations Ahead Of Earnings Figures
Business Headlines

published May 22nd 2017, 6:05 pm, by Lucas Shaw, Nate Lanxon and Joe Mayes (Bloomberg) —Media companies hoping to challenge Netflix and YouTube with their own online services are getting a huge boost from an unexpected source: Amazon.com Inc. For about a year and a half, Amazon’s Prime membership service

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Israel And Palestine Conflict Flag Puzzle
Business Headlines

published May 21st 2017, 4:28 pm, by Jonathan Ferziger and David Wainer (Bloomberg) —Israel passed a series of measures aimed at bolstering the Palestinian economy as a confidence-building measure before U.S. President Donald Trump arrives and elaborates on his plans for addressing the Middle East conflict. Prime Minister Benjamin Netanyahu

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Donkey Interrogation
Business Headlines

published May 21st 2017, 9:00 am, by Albert R. Hunt (Bloomberg View) —The Democratic Party’s chance to win back the House of Representatives next year, considered a long-shot only a short while ago, is soaring thanks to a crack recruiter: President Donald Trump. Trump is energizing Democrats and demoralizing Republicans.

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Little cute cartoon fantasy unicorn
Business HeadlinesYour Money

published May 19th 2017, 8:32 am, by Matt Levine (Bloomberg View) —MiFID II. One thing that I like to say around here is that a lot of the financial industry is run as essentially a gift economy. Investment bankers don’t just do stuff for clients and send them the bill:

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Watering can and money tree drawn on a blackboard concept for bu
Business HeadlinesYour Money

published May 17th 2017, 10:31 am, by Suzanne Woolley (Bloomberg) —With graduation gifts, it’s the thought that counts. The cash is nice, too. Spending on graduation gifts in the U.S. is expected to reach $5.6 billion this year, according to a new survey from the National Retail Federation. That tops last

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Chinese City Walls
Business Headlines

published May 18th 2017, 5:00 pm, by Adam Minter (Bloomberg View) —It’s been an excellent few months for startups in China’s sharing economy. Perhaps too good. The bike-sharing industry landed its first unicorn, and companies that allow phone users to share battery packs have raised at least $150 million in

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