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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Dec 13th 2016, 12:19 pm, by Sangwon Yoon (Bloomberg) —It’s not just President-elect Donald Trump who’s bent on military build-up. From Europe all the way to China, the next decade will be marked by an increase in global defense spending amid rising feuds and pockets of instability, according to IHS

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Business Headlines

published Dec 12th 2016, 2:27 pm, by Eric Roston (Bloomberg) —As long-term global average temperatures steadily rise, and international efforts to address them steadily fall short, some scientists and engineers are working on increasingly desperate solutions to the symptoms of global climate change. One approach to “geoengineering” the earth is to mimic

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Business Headlines

published Dec 12th 2016, 4:00 pm, by Rich Miller (Bloomberg) —President-elect Donald Trump has accused China of ripping off the U.S. on trade and threatened to brand the country a currency manipulator soon after taking office. Yet economists say his new best bud and China nemesis, Taiwan, is much better

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Business Headlines

published Dec 12th 2016, 6:33 pm, by Kevin Cirilli, Caleb Melby and Ben Brody (Bloomberg) —President-elect Donald Trump is postponing until next month a previously announced news conference to outline how he’ll handle his far-flung business operations while in the White House, according to senior Trump transition officials. Trump had

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Business Headlines

published Dec 11th 2016, 1:56 pm, by Javier Blas, Elena Mazneva and Angelina Rascouet (Bloomberg) —Saudi Oil Minister Khalid al-Falih emerged from the OPEC meeting room on Saturday evening having endured months of secret petro-diplomacy, late-night phone calls and, a few times, disagreements that almost saw talks collapse. But he

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Business Headlines

published Dec 9th 2016, 10:35 am, by Megan McArdle (Bloomberg View) — Listening to a Sears earnings call in 2016 is like realizing that the twinkling light you’re admiring in the night sky is from a star that died 50 years ago. Sears Holdings Corp. lost $748 million last quarter

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Business Headlines

published Dec 11th 2016, 11:28 am, by Mark Bergen (Bloomberg) — President-elect Donald Trump’s sit down with technology titans next week will have two marquee attendees: Alphabet Inc.’s Larry Page and Eric Schmidt. Page, chief executive officer of the Google parent company, and Schmidt, the chairman, plan to be at

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Business Headlines

published Dec 5th 2016, 11:01 pm, by Jeanna Smialek (Bloomberg) — It’s the most wonderful time of the year, and if you’re a typical American, it’ll cost you about $728. That’s how much the average U.S. adult who planned to buy holiday presents expected to spend in 2015. How they

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Business Headlines

published Dec 2nd 2016, 1:07 pm, by Megan McArdle (Bloomberg View) — That faux controversy over at Buzzfeed has been put to rest. An article this week asked whether Chip and Joanna Gaines — co-hosts of one of those HGTV renovation shows where you start with a falling down wreck

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Business Headlines

published Dec 8th 2016, 3:28 pm, by Dan Hart (Bloomberg) — John Glenn, who was celebrated as a national hero after becoming the first U.S. astronaut to orbit Earth and went on to serve 24 years in the Senate and seek the presidency, has died. He was 95. He died

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