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Business Headlines

Curated news from Bloomberg Business

Harrisburg - State Capitol Building
Business Headlines

published Nov 9, 2017, 9:19:42 PM, by Bloomberg News (Bloomberg) —It was crunch time for Republican tax-writers on Thursday. The House Ways and Means Committee completed its tax-cut legislation and sent it on its way to the full House, while a Senate panel began revealing details of its own version.

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kim1
Business Headlines

published Nov 12, 2017, 4:00:01 PM, by Rosalind Mathieson and Haslinda Amin (Bloomberg) —North Korea, a country in a “time warp” that feeds paranoia at home with propaganda about a hostile world, could secure its future by laying the groundwork for talks on its nuclear weapons program, according to South

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Closeup of black coal lumps
Business Headlines

published Nov 9, 2017, 6:01:00 PM, by Thomas Biesheuvel (Bloomberg) —Just five years ago it would have been almost unthinkable that one of the world’s biggest mining companies would not dig any coal. It’s now likely to become a reality. Rio Tinto Group, the world’s second-largest miner, has been steadily

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Molestation at work concept. Man harassing woman
Business Headlines

published Nov 9, 2017, 5:55:13 PM, by Edvard Pettersson (Bloomberg) —The Los Angeles district attorney has created a special task force to handle the deluge of sexual abuse claims coming out of the entertainment industry. Since the New York Times last month published a story about allegations of sexual harassment

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American health care act
Business Headlines

published Nov 8, 2017, 4:48:44 PM, by Anna Edney (Bloomberg) —Rolling back Obamacare’s requirement that all Americans have health insurance would save the U.S. $338 billion over 10 years, according to the Congressional Budget Office, a smaller benefit than previously projected for a plan favored by the White House. Republicans

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indian-flag-graphic
Business Headlines

published Nov 8, 2017, 5:00:00 PM, by Archana Chaudhary (Bloomberg) —Twice in the past year, Mohammed Mohsin’s textile design business was buffeted by major changes in the Indian economy. First, a ban on high-value notes, then a new tax system. Now, he senses yet another threat. “There’s a new fear,”

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Refinery Worker Standing In Front Of The Oil Pump
Business Headlines

published Nov 8, 2017, 6:53:41 PM, by Laura Blewitt (Bloomberg) —U.S. refiners are setting up for the strongest end-of-year they’ve ever had, and it’s all thanks to Mexico. Nationwide gross oil refinery inputs will rise above 17 million barrels a day before the year ends, according to Energy Aspects, even

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Stressed Young Asian Businesswoman Is Going Crazy Pulling Her Ha
Business Headlines

published Nov 7, 2017, 7:48:04 PM, by Andreea Papuc (Bloomberg) —Asian stocks declined, suggesting a pause in a rally that lifted regional equities to the highest levels in at least a decade. The dollar came under pressure after advancing against G10 peers amid concern about the progress of U.S. tax

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Young Couple Discussing Personal Finances In Modern Kitchen
Business Headlines

published Oct 31, 2017, 6:00:10 AM, by Tyler Cowen and Matt Levine (Bloomberg View) —After the credit crisis of 2008-09, former Federal Reserve Chairman Paul Volcker quipped that the only important innovation the financial industry had come up with in the prior 20 years was the automated-teller machine. Now almost

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SpaceX1
Business Headlines

published Nov 7, 2017, 8:00:29 AM, by Tom Metcalf (Bloomberg) —Jeff Bezos sold $4 billion of Amazon.com Inc. stock in the past three years, including $1.1 billion last week, using most of the money to support his space company, Blue Origin LLC. That sets its business model apart from other

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