Bloomberg Business: Putin Lets Russian Consumers Feel the Pain as Economy Succumbs
Copyright 2015 Bloomberg. NJTUTD6S9728 (Bloomberg) — Russian households are bearing the brunt of the blowback from the crisis in Ukraine and a tailspin in oil prices, setting the stage for the biggest drop in consumption in more than two decades that will deepen the country’s recession. Crushed by a 45
Bloomberg Business: Can Rick Perry Jump Start His White House Hopes in Iowa?
Copyright 2015 Bloomberg. NJU8K16KLVR4 (Bloomberg Politics) — For former Texas Governor Rick Perry, hope springs eternal. Perry will return to Iowa on Monday, a state he hopes will help resurrect his prospects for becoming the Republican presidential nominee. Recent Iowa polls show Perry trailing his GOP rivals by double digits,
Bloomberg Business: U.S. Yield Increase in February Hurts Bondholders to Homebuyers
U.S. Yield Increase in February Hurts Bondholders to Homebuyers Copyright 2015 Bloomberg. NJOQWL6K50YT (Bloomberg) — From bondholders to home buyers, this month’s jump in Treasury yields is starting to bite. U.S. government debt has fallen 1.9 percent in February, headed for the biggest monthly loss since May 2013, based on Bloomberg
Bloomberg Business: The Curious Saga of Oregon Governor John Kitzhaber and Cylvia Hayes
Copyright 2015 Bloomberg. NJOQS56JTSEB (Bloomberg Politics) — With every passing day, Oregon’s political soap opera seems to grow more bizarre. Governor John Kitzhaber continues to resist calls from members of his own party, as well as from the state’s leading newspaper, to resign over corruption allegations involving the governor’s fiancée, Cylvia
Bloomberg Business: Obama Tries to Draw Companies Into Sharing on Network Threats
Copyright 2015 Bloomberg. NJON8J6JIJV8 (Bloomberg) — President Barack Obama will create a way for companies to voluntarily share information about computer- network threats while he awaits congressional action on cybersecurity legislation. Obama plans to announce an order setting up a framework for the information exchange as part of a White House-sponsored
Bloomberg Business: Three of Tech’s Top CEOs to Skip Obama Cybersecurity Summit
Copyright 2015 Bloomberg. NJMWYN6K50XX (Bloomberg) — The top executives of Google Inc., Yahoo! Inc. and Facebook Inc. won’t attend President Barack Obama’s cybersecurity summit on Friday, at a time when relations between the White House and Silicon Valley have frayed over privacy issues. Facebook Chairman and Chief Executive Officer Mark Zuckerberg,
Bloomberg Business: Making Book Again on the 2016 Republican Nomination: Albert Hunt
Copyright 2015 Bloomberg. NJM0J86S972E (Bloomberg View) — If you play the odds, the Republican presidential nomination will go to one of these final four: Jeb Bush, Mike Huckabee, Rand Paul or Scott Walker. Last April, I calculated the odds for each like this: former Florida Governor Jeb Bush at 4-to-1; Wisconsin
Bloomberg Business: Congress Likely to Back War on Islamic State, Lawmakers Say
Copyright 2015 Bloomberg. NJMU6P6K511B (Updates with Gergen comment in 13th paragraph, McCain comment in 28th paragraph, Rubio in 38th paragraph.) (Bloomberg) — Lawmakers of both political parties say Congress is likely to authorize further U.S. military action against Islamic State, yet the political maneuvering is certain to be contentious and
Bloomberg Business: Oil Trades Above $50 as U.S. Supply Outlook Boosts Volatility
Copyright 2015 Bloomberg. Ben Sharples (Bloomberg) — Oil traded above $50 a barrel after the biggest slide in four days as investors weighed forecasts for slowing U.S. crude output against signs that the market is oversupplied. Futures gained as much as 2.2 percent in New York, compared with a 5.4
Bloomberg Business: Obama Plans to Withdraw Most Troops Fighting Ebola in Africa
Copyright 2015 Bloomberg. NJL7TI6K50Y3 (Bloomberg) — President Barack Obama is preparing to withdraw most of the U.S. troops sent to West Africa to combat the Ebola outbreak as infection rates in that part of the world have declined significantly in recent months. About 1,500 of the 2,800 U.S. military personnel deployed