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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Sep 11, 2018, 7:28:25 PM, by Jungah Lee (Bloomberg) — Unemployment and jobs growth in South Korea haven’t looked so bad since the wake of the global financial crisis, undermining President Moon Jae-in’s economic agenda. Data released Wednesday shows the unemployment rate jumping to 4.2 percent, the highest since

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Business Headlines

published Sep 10, 2018, 2:59:14 PM, by Justin Sink (Bloomberg) — North Korean leader Kim Jong Un requested a second meeting with President Donald Trump, and U.S. diplomats are already working to set up the summit, White House Press Secretary Sarah Huckabee Sanders said Monday. “The primary purpose of the

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Business HeadlinesYour Money

published Sep 10, 2018, 6:16:37 PM, by Laura Davison and Allyson Versprille (Bloomberg) — House Republican lawmakers introduced legislation Monday that would make the 2017 tax cuts for individuals permanent in a bid to highlight their signature economic policy achievement ahead of the November elections. The legislation — released as

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Business Headlines

published Sep 10, 2018, 5:56:58 PM, by Rita Devlin Marier (Bloomberg) — After a tense week, where Nike lost $4.2 billion from its market capitalization after releasing a new ad campaign featuring the controversial football quarterback-turned-activist Colin Kaepernick, the company’s share price has mostly recovered. Moreover, it gained a new

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Business Headlines

published Sep 4, 2018, 6:56:10 AM, by Barry Ritholtz (Bloomberg Opinion) — Welcome to September! It’s our Tuesday morning train reads: The Next Financial Crisis Lurks Underground (New York Times); see also Flood of Sand Points to Shakeout for Shale Suppliers (Wall Street Journal) The Bad and Good News for

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Business Headlines

published Sep 9, 2018, 6:07:10 PM, by Jesse Westbrook (Bloomberg) — The U.S. Securities and Exchange Commission temporarily suspended trading in two securities linked to cryptocurrencies on Sunday, citing investor confusion regarding the assets. The halted securities are Bitcoin Tracker One and Ether Tracker One, the regulator said in a

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Business Headlines

published Sep 9, 2018, 7:04:11 PM, by Ila Patnaik (Bloomberg Opinion) — The Indian rupee has been sliding against the U.S. dollar in recent days as emerging markets come under pressure. That’s made the currency one of Asia’s worst performers, losing 12 percent this year. The rupee’s latest moves have

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Business Headlines

(Bloomberg) — Asian stocks looked set to end the week with declines following losses for U.S. technology shares and gains in Treasuries and the yen, amid ongoing concerns about global trade and emerging markets. Futures signaled losses in Japan, China, Hong Kong and Australia. The Nasdaq fell for a third

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Business Headlines

published Sep 6, 2018 4:09:46 PM, by Selina Wang (Bloomberg) — Twitter Inc. permanently suspended conspiracy theorist Alex Jones and the account for his InfoWars website, saying content Jones posted Wednesday violates the company’s abuse and harassment policies. “Today, we permanently suspended @realalexjones and @infowars from Twitter and Periscope,” the

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Business Headlines

published Sep 6, 2018 5:00:05 PM, by Laura Litvan and Greg Stohr (Bloomberg) — Supreme Court nominee Brett Kavanaugh is being questioned for a second day Thursday by members of the Senate Judiciary Committee after a marathon session a day earlier. Here are the latest developments on President Donald Trump’s

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