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Business Headlines

Curated news from Bloomberg Business

Hacker Stealing Business Information
Business Headlines

Copyright 2015 Bloomberg. NISVEH6KLVR7 (Bloomberg) — Smartphones and tablet devices are the new weak spot in the battle against cyber-criminals, according to the head of computer security at Europe’s biggest phone company. Businesses and governments have already been struggling with a record number of so-called distributed denial of service attacks,

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Map Of Alaska And Oil
Business Headlines

Copyright 2015 Bloomberg. NIRF066JIJUR (Bloomberg) — President Barack Obama’s call to restrict oil exploration on 12 million acres of the Arctic National Wildlife Refuge probably won’t have much practical impact for an area already off-limits to drillers, though it’s created a new fault line with the Republican-led Congress. The White

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oil rig
Business Headlines

Copyright 2015 Bloomberg. NIAO4Y6JTSEJ (Bloomberg) — U.S. drillers have taken a record number of oil rigs out of service in the past six weeks as OPEC sustains its production, sending prices below $50 a barrel. The oil rig count has fallen by 209 since Dec. 5, the steepest six-week decline

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59920811
Business Headlines

(Bloomberg) — Japan is using “every channel available” to secure the release of Kenji Goto, a war journalist captured and threatened with death by Islamic State militants. Chief Cabinet Secretary Yoshihide Suga told reporters in Tokyo on Monday that Japan would do its utmost to free Goto with the co-operation

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Petrodollars
Business Headlines

Copyright 2015 Bloomberg. NILXXK6S972H (For more on oil’s decline, click EXT5 <GO>) (Bloomberg) — Oil jumped after the death of King Abdullah of Saudi Arabia, the biggest producer in the Organization of Petroleum Exporting Countries. Futures advanced as much as 3.1 percent in New York and 2.6 percent in London

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59920811
Business Headlines

Copyright 2015 Bloomberg. NILVBK6JTSEW (Bloomberg) — Islamic State will release a statement “soon” on two Japanese hostages it has threatened to kill sometime on Friday if Japan doesn’t pay a $200 million ransom, Japan’s public broadcaster NHK reported. The Japanese people are infidels at war with Islamic State, a spokesman

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United States with Leaf of Marijuana Flag on wooden background
Business Headlines

Copyright 2015 Bloomberg. NILWFM6JTSEI (Bloomberg Politics) — President Obama is not going to stand in the way of U.S. states that want to get high. In an interview Thursday with YouTube blogger Hank Green, Obama was asked about the growing conflict between state and federal marijuana laws. “What you’re seeing now is

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Funny guy pointing up
Business Headlines

Copyright 2015 Bloomberg. Jordan Robertson (For more stories on the Bloomberg Global Poll, click TOP POLL.) (Bloomberg) — At a time when most people aren’t confident their workplace is safe from a hacking attack, respondents to the Bloomberg Global Poll are more certain about one thing: Vengeance is not mine.

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A young man walks into the desolate desert
Business Headlines

Copyright 2015 Bloomberg. Paul Burkhardt (Bloomberg) — Africa’s oil and gas boom is in jeopardy. The dash for resources that saw explorers invest billions of dollars to tap promising oilfields from Ghana on the west coast to Tanzania on the east, is stalling as the global drop in oil prices

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Microsoft Building
Business Headlines

Copyright 2015 Bloomberg. NIK0JD6K50YP (Bloomberg) — Microsoft Corp. has long tried to make Internet Explorer a modern browser capable of matching the appeal of Google Inc.’s Chrome and Mozilla Corp.’s Firefox. After years of losing market share, it’s starting over. The software maker unveiled Project Spartan, a browser built to

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