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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Oct 23rd 2016, 4:30 pm, by Arlene Washington Eric Trump appeared on ABC’s This Week on Sunday where he reacted to his father, Donald Trump’s recent comments about a “rigged election” and his plan to pursue legal action against the women who have accused him of sexual misconduct. “If

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Business Headlines

published Oct 23rd 2016, 5:00 pm, by The Editors (Bloomberg View) — For a moment last week, Philippine President Rodrigo Duterte seemed to have orchestrated one of the most dramatic geopolitical shifts in Asia since the end of the Cold War — abandoning the U.S., his country’s longtime ally, for

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Business Headlines

published Oct 20th 2016, 2:12 pm, by Megan McArdle (Bloomberg View) — One of the heartening developments of the last few years has been the emergence of a serious movement for prison reform on the right. These people are not simply coming over to the left-wing side; they have their

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Business Headlines

published Oct 23rd 2016, 4:00 pm, by Bloomberg News (Bloomberg) — Earlier this year, Mr. and Mrs. Cai, a couple from Shanghai, decided to end their marriage. The rationale wasn’t irreconcilable differences; rather, it was a property market bubble. The pair, who operate a clothing shop, wanted to buy an

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Business Headlines

published Oct 20th 2016, 4:59 pm, by Ben Brody (Bloomberg) — A top official at the Clinton Foundation said he could name “500 different examples” of conflicts of interest, including some involving former President Bill Clinton, according to more of the e-mails purportedly hacked from the account of Hillary Clinton’s

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Business Headlines

published Oct 20th 2016, 6:14 pm, by Dina Bass (Bloomberg) — Microsoft Corp.’s first-quarter sales and earnings topped analysts’ estimates, buoyed by growing demand for cloud-based software and services. Profit excluding certain items was 76 cents a share on adjusted sales of $22.3 billion, the Redmond, Washington-based company said in

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Business Headlines

published Oct 20th 2016, 1:47 pm, by Justin Fox (Bloomberg View) — In 1999, the unemployment rate in the U.S. was just 4.2 percent, compared with 8.6 percent in Germany and 11.3 percent in France. The labor force participation rate (the percentage of the working-age population either with jobs or

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Business Headlines

published Oct 19th 2016, 12:40 pm, by Elaine Ou (Bloomberg View) — It’s fun to imagine a world without cash. Liberated from the burden of physical currency, consumers could make purchases from the convenience of a mobile device. Every transaction would come equipped with fraud protection, reward points and a

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Business Headlines

published Oct 19th 2016, 5:01 am, by Patrick Clark (Bloomberg) — Not very long ago, it was fashionable to ask if millennials would ever crawl out of their parents’ basements and into a realtor’s office. Enthusiasm for that view, which had gained wide exposure by 2012, lost steam as mortgages

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Business Headlines

published Oct 19th 2016, 9:44 pm, by Justin Sink (Bloomberg) — Donald Trump had two choices to try to pull out of a dive in the polls during the final presidential debate: serious and sober, or classic, combative Trump. In a way, he tried both — and the contest Wednesday

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