Bloomberg Business: Microsoft Sells Record $10.8 Billion of Bonds in 6-Part Offering
Copyright 2015 Bloomberg. NJJ5C06VDKHW (Bloomberg) — Microsoft Corp. sold $10.8 billion of debt in its biggest bond sale on record, taking advantage of investor demand for the highest-rated corporate securities. The world’s largest software maker sold notes in six parts, including $2.25 billion of 40-year obligations with a 4 percent coupon,
Bloomberg Business: Michelle Obama Says School Lunch Changes Will Be ‘Embraced by Kids’
Copyright 2015 Bloomberg. NJJ6306KLVS1 (Bloomberg Politics) — Change has come to the America’s school cafeterias, and the woman who helped deliver it says that students will learn to like it. First Lady Michelle Obama says that the new school lunch standards that mandate servings of fruit and vegetables and limit the
Bloomberg Business: Last Vestige of Motorola For Sale as Growth Seen Flat
Copyright 2015 Bloomberg. NJJ93V6VDKHT (Bloomberg) — The last vestige of the Motorola empire is on the block after struggling with stagnant earnings. Motorola Solutions Inc., the $15.6 billion maker of two-way radios and other communications equipment, is exploring a possible sale, according to people familiar with the matter. Buyers could include
Bloomberg Business: Oil Extends Advance as U.S. Drillers Cut Rigs Amid Global Glut
Copyright 2015 Bloomberg. Ben Sharples (Bloomberg) — Oil extended gains after capping the biggest weekly advance in almost four years amid signs drilling is slowing in the U.S., the world’s biggest consumer. Futures climbed as much as 3.3 percent in New York after a second weekly increase through Feb. 6.
Bloomberg Business: Urgent Action Needed to Combat Antisemitism in U.K., Report Says
Copyright 2015 Bloomberg. NJDB1Z6K50XU (Bloomberg) — The U.K. must take urgent action to address a “disturbing rise” in antsemitism recorded last year, including providing public funds for security at synagogues, according to a parliamentary report published Monday. Hate crimes against British Jews have doubled in 10 years and escalated during
Bloomberg Business: Behind RadioShack’s Collapse Is a Tiny Lender That Found Trouble
Copyright 2015 Bloomberg. NJHC6E6VDKHS (Bloomberg) — To most outside observers, the collapse of RadioShack Corp. was set in motion years, if not decades, ago. Yet lost in that tale of inevitable decline is the story of how a little-known, distressed lender from Needham Heights, Massachusetts, helped sink the 94-year-old retailer
Bloomberg Business: Oil Extends Advance as U.S. Drillers Cut Rigs Amid Global Glut
Copyright 2015 Bloomberg. NJH9PA6JTSEP (Bloomberg) — Oil extended gains after capping the biggest weekly advance in almost four years amid signs drilling is slowing in the U.S., the world’s biggest consumer. Futures climbed as much as 3.3 percent in New York after a second weekly increase through Feb. 6. Drillers
A Well Thought Out Scream: Corporate Battles Over the Internet
The future of the Internet is being shaped by legal battles involving some of the world’s most powerful corporations. Spearheading the movement have been startup companies that employ vocal technology. These companies have been advocating for stronger regulations concerning broadband access while Internet service providers such as Comcast and Verizon
Bloomberg Business: Twitter CEO Costolo Allays Concerns With User Growth Forecast
Copyright 2015 Bloomberg. NJBS2V6KLVRW (Bloomberg) — Dick Costolo may get a temporary reprieve from Wall Street criticism after Twitter Inc. posted quarterly revenue that topped estimates and forecast that its number of new users will pick up. Twitter on Thursday said its fourth-quarter revenue increased 97 percent to $479.1 million, with
Bloomberg Business: Rio’s $20 Billion Iron Ore Project to Restart as Ebola Retreats
Copyright 2015 Bloomberg. NJBRTP6JTSEE (Bloomberg) — Rio Tinto Group is preparing to restart work on developing the world’s largest untapped iron-ore resource after West Africa’s Ebola crisis curbed progress on the $20 billion project. “There are people considering returning to site, they are not quite there yet,” Alan Davies, the chief