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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Jul 8, 2018 5:00:00 PM, by Vinicy Chan and Crystal Tse (Bloomberg) — Investment bankers in Hong Kong are catching biotech fever. At least seven senior bankers and analysts from top-tier securities firms have quit to join biotechnology companies in the city since December, responding to the industry’s growing

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Business Headlines

published Jul 7, 2018 9:00:19 AM, by Francis Wilkinson (Bloomberg Opinion) — Public opinion on abortion has been remarkably stable in recent decades, with significant but never overwhelming majorities supporting legal yet restricted abortion rights. Roe v. Wade, the Supreme Court decision that guarantees the right to abortion, with caveats

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Business Headlines

published Jul 5, 2018 5:44:33 PM, by Mark Niquette (Bloomberg) — U.S. companies for months bemoaned the tariffs on Chinese imports that will take effect Friday. Now they fear the worst is yet to come in an escalating confrontation with Beijing over trade. Duties on $34 billion of Chinese goods

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published Jul 5, 2018 4:00:13 PM, by Tim Culpan (Bloomberg Opinion) — Investors lucky enough to secure shares in a big IPO and not be constrained by a lockup would be advised to offload them immediately. And if you’re eyeing the next blockbuster like Xiaomi Corp., don’t even bother. I

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Business Headlines

published Jul 5, 2018 3:16:08 PM, by Kartikay Mehrotra (Bloomberg) — A federal judge in Sacramento has ruled that private employers must comply with federal orders seeking information about immigrant employees, partly rejecting California’s sanctuary laws. Judge John Mendez approved the Justice Department’s request for a preliminary injunction against sections

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Business Headlines

published Jul 4, 2018 4:41:34 AM, by Ksenia Galouchko (Bloomberg) — The biggest risk investors face in the rest of 2018 is letting their emotions spook them into selling stocks, according to UBS Wealth Management. “By focusing too heavily on short-term risks and not enough on long-term growth, many investors

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Business Headlines

published Jul 4, 2018 10:00:00 AM, by Kevin Buckland and Nao Sano (Bloomberg) — Japan’s biggest auto-parts supplier has joined the industry chorus warning of disruptions from President Donald Trump’s proposed tariffs on cars and components. Denso Corp., whose $37 billion market value exceeds Fiat Chrysler Automobiles NV, sees the

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Business Headlines

(Bloomberg Opinion) — In recent years, a number of big companies – IBM, Bank of America, Aetna, Yahoo! under former chief executive officer Marissa Mayer – cut back on their telecommuting programs in the name of more interaction and cooperation between employees, supposedly fostered by being stuck together in an office.

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Business Headlines

published Jul 3, 2018 3:03:27 PM, by Tim Loh and Brian K. Sullivan (Bloomberg) — The heat wave roasting the U.S. East Coast may be slowing down U.S. stock trading and foiling July 4 road trips. But it’s the best friend of power market bulls. Electricity demand across the eastern

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Business Headlines

published Jul 2, 2018 12:56:24 PM, by Nico Grant (Bloomberg) — Dell Technologies Inc., the world’s largest private technology company, announced plans to trade publicly again, re-emerging five years after its leveraged buyout as a more diverse leader in computer equipment and software, though one burdened by debt. The tech

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