Posts Tagged

bloomberg business

Business Headlines

©2015 Bloomberg News NQQAKLSYF01T (Bloomberg) — Microsoft Corp. is getting out of Web display advertising, with AOL Inc. taking over the business and letting the software maker focus on mobile and cloud computing. AOL will use Microsoft’s Bing Internet search engine instead of Google Inc. as part of the 10-year

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Business Headlines

©2015 Bloomberg News NQPQI06S972H (Bloomberg) — U.K. ministers must extend incentives for low-carbon energy production to spur investments into the next decade, the government’s global-warming adviser said. Clear policies are required now to ensure Britain stays on course to meet self-imposed greenhouse-gas limits, the Committee on Climate Change said Tuesday

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Business Headlines

©2015 Bloomberg News NQOJKT6S9728 (Bloomberg) — Greece moved to avert the collapse of its financial system by shutting lenders and imposing capital controls as of Monday, a measure that will deepen the country’s recession and risk driving it toward an exit from the euro. The move to husband resources followed

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Business Headlines

©2015 Bloomberg News NQOJUB6K50XS (Bloomberg) — Treasuries surged along with government bonds in Australia and Japan, as Greece leader Alexis Tsipras’s decision to call a referendum on aid conditions scotched speculation the Mediterranean nation would reach a deal with creditors. Yields on benchmark 10-year U.S. notes headed for the biggest

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Business Headlines

©2015 Bloomberg News NQH4F46S9729 (Bloomberg Politics) — Louisiana Governor Bobby Jindal swept into office in early 2008 on a message of fiscal conservatism and economic prosperity, and he delivered. During his first term, Jindal oversaw an increase in Louisiana’s credit rating from Standard and Poor’s, and the state’s unemployment rate stayed

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Business Headlines

©2015 Bloomberg News NQH7756S972F (Bloomberg) — Greece stumbled closer to default as another day of negotiations ended in the early hours without a deal to end the standoff over bailout aid. With the Greek government saying it held firm in the flurry of meetings in Brussels on Wednesday, European Union

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Business Headlines

©2015 Bloomberg News NQF3FK6S972C (Bloomberg Business) — Sidewalk Labs, the Google-backed urban innovation startup unveiled this month, has picked its first project—bringing free, fast Wi-Fi to cities around the world. Today it announced it is leading a group of investors acquiring Control Group and Titan, among the companies working on the LinkNYC network to blanket

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Business Headlines

©2015 Bloomberg News NQF1HI6JTSE9 (Bloomberg Business) — Many people in the music industry have been waiting with baited breath to hear something about YouTube’s plans for a paid music subscription service, and when news circulated that the company was planning an announcement for Tuesday it seemed like they’d get it. Nope. Instead, Google announced that it would

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Business Headlines

©2015 Bloomberg News NQF3D86VDKHT (For Energy column alerts: SALT NRGI ) (Bloomberg) — The fuel that will grill millions of hot dogs across the U.S. on the Fourth of July is giving energy producers heartburn. Propane inventories have soared to the highest seasonal level in more than 30 years, sending

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Business Headlines

©2015 Bloomberg News NQ75ILSYF01T (Bloomberg) — Doctors are joining the fight against pollution from coal power, adding a significant new dimension to the effort to rein in global warming. Calling for “a rapid phaseout of coal from the global energy mix,” a panel of 46 health professionals and climate scientists

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