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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Aug 8, 2018, 3:37:23 PM, by Riley Griffin (Bloomberg) — Millennials have been accused of killing so many products and industries—taxis, landlines, snail mail—that it’s become a media trope. But millennials are old news. Today, businesses and marketers are desperately anticipating the murderous whims of Gen Z, the demographic

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Business Headlines

published Aug 8, 2018, 5:00:15 PM, by Noah Smith (Bloomberg Opinion) — Suppose a Chinese electric carmaker wants to win market share by selling cars with the best cutting-edge battery technology. How does it get that technology? It can hire some engineers, build a lab and try to develop it

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Business Headlines

published Aug 8, 2018, 5:25:41 PM, by Anna Edgerton and Erik Wasson (Bloomberg) — The indictment of Republican Representative Chris Collins doesn’t give Democrats an automatic shot at flipping his upstate New York district but it likely will force the GOP to invest more to try to hold what should

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Business HeadlinesYour Money

published Aug 6, 2018, 9:45:43 AM, by Matt Levine (Bloomberg Opinion) — Crypto pump-and-dumpery. The word “unregulated” has a sort of strange usage in finance. Hedge funds, for instance, are often referred to as “unregulated,” which their compliance teams must find frustrating. Everything is regulated. Hedge funds are not subject to the same

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Business Headlines

published Aug 7, 2018, 4:25:24 PM, by Lananh Nguyen (Bloomberg) — Investors had better start paying more attention to November’s U.S. midterm elections, according to Standard Chartered Plc. As the campaign for control of Congress enters a crucial phase, Republicans defending seats in some of the most competitive races in

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Business Headlines

published Aug 7, 2018, 2:02:59 PM, by Polly Mosendz (Bloomberg) — The National Rifle Association says it’ll spend at least $1 million on television ads urging the confirmation of Brett Kavanaugh to the Supreme Court in states represented by four vulnerable Democratic senators and a Republican considered a key vote

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Business Headlines

published Aug 6, 2018, 5:16:11 PM, by Sarah Frier and Jenny Surane (Bloomberg) — Facebook Inc.’s shares rose on optimism that the company is forging deeper relationships with banks to offer customer-service products via its Messenger chat application, a business that could boost engagement as growth slows on its main

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Business Headlines

published Aug 1, 2018, 8:00:13 AM, by Michael R. Strain (Bloomberg Opinion) — The wisdom of work requirements in safety-net programs for low-income Americans is being hotly debated in the U.S. Congress, state capitols and policy circles. In the coming weeks, Congress might expand work requirements in the Supplemental Nutrition

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Business Headlines

published Aug 6, 2018, 5:00:11 PM, by Lawrence H. Summers (Bloomberg Opinion) — Since the end of World War II, a broad consensus in support of global economic integration as a force for peace and prosperity has been a pillar of the international order. Since the fall of the Berlin

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Business Headlines

published Aug 6, 2018, 5:00:15 PM, by Shuli Ren (Bloomberg Opinion) — A U.S. 10-year bond yield at 5 percent? Emerging markets positioned for any such possibility are being handsomely rewarded. Over the last month, Indonesia and the Philippines were among the world’s best-performing stock markets, with the Jakarta Composite

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