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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Sep 21st 2016, 7:04 pm, by Chikako Mogi (Bloomberg) — The dollar remains on course for its worst annual performance in four years after the Federal Reserve delayed raising interest rates again, saying more time was needed to assess U.S. economic conditions. A broad gauge of the dollar against

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Business Headlines

published Sep 21st 2016, 6:01 pm, by Joe Ryan (Bloomberg) — Gulf Island Fabrication Inc. has for decades built hulking platforms to extract oil and natural gas from the seabed. With the collapse of offshore drilling, the company has turned to helping harvest another energy resource: wind. Gulf Island built

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Business Headlines

published Sep 20th 2016, 7:11 pm, by Kevin Cirilli (Bloomberg) — Donald Trump’s senior economic adviser Peter Navarro questioned Federal Reserve Chairwoman Janet Yellen’s truthfulness while defending the Republican nominee’s attacks on the central bank. “What we have is a stock market that is the Obama paper bull,” Navarro said

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Business Headlines

published Sep 20th 2016, 3:14 pm, by Scott Moritz (Bloomberg) — T-Mobile US Inc. and Sprint Corp. say they are taking each others’ customers as the two smallest U.S. wireless carriers search for growth amid a slowing mobile-phone market. T-Mobile added about 753,000 monthly phone subscribers so far in the

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Business Headlines

published Sep 20th 2016, 6:00 pm, by Tim Loh (Bloomberg) — The last bastion of the American coal industry has been breached. The bust that’s devastated Appalachia for five years has finally reached cowboy country’s Powder River Basin. For four decades, the 300-mile corridor stretching from Wyoming north into Montana

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Business Headlines

published Sep 19th 2016, 2:59 pm, by Jeff Plungis (Bloomberg) — The Obama administration is set to unveil a policy framework Tuesday to govern the development of self-driving cars, including new ways for automakers to share information on emerging technology with the government, according to people familiar with the announcement.

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Business HeadlinesYour Money

published Sep 6th 2016, 4:21 pm, by Jordan Robertson and Michael Riley (Bloomberg) — A new way to bet against stocks is born. A few hours after Carson Block announced last Thursday that he was shorting St. Jude Medical Inc. stock over hacking risks to the company’s pacemakers and defibrillators,

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Business Headlines

published Sep 19th 2016, 4:48 pm, by Leonid Bershidsky (Bloomberg View) — What looked like a promising U.S.-Russian deal in Syria has collapsed amid mutual recriminations. Throughout the failed truce, Russia behaved as though it didn’t attach much value to it, and it probably doesn’t want an agreement with the

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Business Headlines

published Sep 16th 2016, 3:26 pm, by Dani Burger (Bloomberg) — U.S. stocks retreated to trim a weekly gain as investors awaited next week’s Federal Reserve meeting, with economic indicators pointing to uneven growth in the world’s largest economy. Banks and energy producers carried the steepest losses Friday, with crude

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Business Headlines

published Sep 17th 2016, 10:05 pm, by Toluse Olorunnipa and Mark Niquette (Bloomberg) — President Barack Obama said if black voters fail to vote in sufficient numbers and Donald Trump wins the presidency, he will consider it a “personal insult.” “I will consider it a personal insult, an insult to

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