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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Aug 1st 2017, 4:40 pm, by Nafeesa Syeed (Bloomberg) —U.S. Secretary of State Rex Tillerson urged continued “peaceful pressure” on North Korea, even as one Republican senator ratcheted up talk of war. Taking stock of his tenure after six months in office, Tillerson told reporters at the State Department

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Business Headlines

published Aug 1st 2017, 5:05 pm, by Mark Chediak and Jim Polson (Bloomberg) —Looking to buy two half-finished nuclear reactors? It may be your lucky day. U.S. utility owner Scana Corp. dropped a plan to build two reactors at the V.C. Summer power plant in South Carolina on Monday after the projected

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Business Headlines

published Jul 27th 2017, 11:15 am, by Megan McArdle (Bloomberg View) —Everyone who has been touched by the case of Charlie Gard is in a terrible position. This 11-month-old British boy, born with an extremely rare mitochondrial DNA disorder that has damaged his brain and left him unable to move

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Business Headlines

published Jul 31st 2017, 7:02 pm, by Joe Ryan (Bloomberg) —Deepwater Wind LLC is proposing to pair Tesla Inc. batteries with massive offshore wind turbines as part of a bid to supply the state of Massachusetts with clean energy generated at sea. The 144-megawatt development would stockpile electricity produced late

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Business HeadlinesYour Money

published Jul 26th 2017, 12:45 pm, by Noah Smith (Bloomberg View) —Does market-beating performance disappear as an asset manager gets big? This is a crucial question for investors and for the finance industry. Most introductory finance classes, or personal finance tutorials, start with an explanation of compound interest. They show

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Business Headlines

published Jul 30th 2017, 3:00 pm, by Yoshiaki Nohara (Bloomberg) —Economic theory suggests that the tightest labor market in more than 40 forty years ought to be more than enough to push wages and inflation higher in Japan. Reality is proving different. A sector-by-sector look at the job-to-applicant ratio released

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Business Headlines

published Jul 30th 2017, 3:01 pm, by Henry Meyer, Stepan Kravchenko and Ilya Arkhipov (Bloomberg) —Vladimir Putin said he hoped there wouldn’t be a need for further retaliation against Washington after his government ordered the U.S. to slash staff at its diplomatic missions in Russia by 755, or nearly two

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Business Headlines

published Jul 27th 2017, 8:46 pm, by Kyungji Cho (Bloomberg) —South Korea’s deployment of a U.S. missile-defense system has come at the worst possible time for Hotel Lotte Co., threatening a decline in Chinese business just as the firm boosts debt issuance. China restricted tour packages to South Korea from

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Business Headlines

published Jul 27th 2017, 11:01 pm, by Alex Nussbaum (Bloomberg) —Caution lights are flashing for the oil industry. Facing lower-than-expected commodity prices, drillers from ConocoPhillips to Hess Corp. to Statoil ASA have slashed their capital spending plans in recent days, as companies lay out their plans to cope with oil

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Business Headlines

published Jul 26th 2017, 4:45 pm, by Elizabeth Dexheimer and Jesse Hamilton (Bloomberg) —President Donald Trump’s pick to be the Federal Reserves top Wall Street watchdog said it’s time to reconsider the restrictions imposed on banks in recent years, even as he credited regulations with helping stabilize the financial system

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