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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Mar 5th 2017, 8:51 pm, by Joshua Brustein (Bloomberg) — For a decade, U.S. Senator Richard Durbin has wanted to reform a program that is alternatively seen as a necessary way for technology companies to hire technical experts and a boondoggle that outsourcers use to exploit foreign labor. Durbin,

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published Mar 2nd 2017, 11:00 am, by Patrick Clark (Bloomberg) — After her family’s shiba inu died of cancer, Dawn Sabins decided to surprise her 7-year-old son with a new puppy. In March 2015, she dropped into a San Diego-area pet store looking for an English bulldog. She walked out

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Business Headlines

published Mar 2nd 2017, 3:04 pm, by Justin Sink, Jennifer Jacobs and Shannon Pettypiece (Bloomberg) — President Donald Trump said he has “total” confidence in Attorney General Jeff Sessions and sees no need for Sessions to recuse himself from any investigation of Russian meddling in U.S. politics. Trump voiced his

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Business Headlines

published Mar 2nd 2017, 6:30 am, by Lisa Abramowicz (Bloomberg Gadfly) — Pressure is rising for the biggest asset managers to significantly change the way they do business. Behemoth investment firms, from Fidelity to Vanguard to BlackRock, are locked in fierce competition to attract assets, even if that means dropping

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Business Headlines

published Feb 28th 2017, 5:00 am, by Gary Shilling (Bloomberg View) — Most forecasters believe the Trump administration’s estimates of 3 percent to 3.5 percent annual real gross domestic product growth in the next decade are far too rosy. The nonpartisan Congressional Budget Office foresees 1.9 percent per year between

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Business Headlines

published Feb 28th 2017, 7:16 pm, by Justin Sink, Margaret Talev and Jennifer Jacobs (Bloomberg) — President Donald Trump will emphasize in his first address to Congress three of the central themes that animated his presidential campaign and are the main thrusts of his early days in office: bolstering immigration

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Business Headlines

published Feb 28th 2017, 8:43 pm, by Adam Haigh and Livia Yap (Bloomberg) — The dollar pared gains with U.S. stock futures as investors searched for new details of Donald Trump’s economic strategy during his speech to Congress. The Bloomberg Dollar Spot Index pulled back from a 0.4 percent gain,

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Business Headlines

published Feb 27th 2017, 8:36 pm, by Yoshiaki Nohara (Bloomberg) — Faced with a shortage of workers, Japanese companies are taking matters into their own hands, helping the government fix a chronic lack of day care that is blunting efforts to get more women into the workforce. Nichiigakkan Co., which

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Business Headlines

published Feb 27th 2017, 6:03 am, by Mark Gilbert (Bloomberg View) — President Donald Trump will select three members of the Federal Reserve board during his term in office, including a replacement chair for Janet Yellen when her appointment expires early next year. He should seize the chance to refresh

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Business Headlines

published Feb 26th 2017, 9:00 am, by Albert R. Hunt (Bloomberg View) — President Donald Trump’s initial address to a joint session of Congress Tuesday night may be the most anticipated in memory. Not, as Trump would claim, because he’s so compelling. Rather it’s because, when it comes to substance,

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