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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Feb 14, 2018, 11:00:00 PM, by Konrad Krasuski and Marek Strzelecki (Bloomberg) — Poland’s government is drafting a voluntary, employer-provided pension program that its author says will boost the country’s savings by 20 billion zloty ($6 billion) a year and strengthen Warsaw’s capital market. Pawel Borys, the architect of

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Business Headlines

published Feb 18, 2018, 3:00:00 PM, by Yuji Nakamura and Hideki Sagiike (Bloomberg) — There’s a good chance your Instagram photos are making money for Japanese ball-bearings manufacturer Minebea Mitsumi Inc. The Tokyo-based company, which counts Apple Inc. as one of its main customers, makes various components used in data

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Business Headlines

published Feb 18, 2018, 8:25:38 PM, by Andreea Papuc (Bloomberg) — Japanese shares rose Monday as a rally in the yen paused and after U.S. equities capped their best week in five years. The dollar fell against major peers and oil climbed above $62 a barrel. Asian equities are building

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Business Headlines

Mitt Romney, the former Massachusetts governor and 2012 Republican presidential candidate, postponed announcing his plans for the Senate race in Utah in the wake of a deadly shooting at a Florida high school on Wednesday. “As a father and grandfather, my heart aches for the victims of today’s tragic events,”

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Business HeadlinesYour Money

published Feb 15, 2018, 9:13:09 AM, by Jim Efstathiou Jr. (Bloomberg) — Americas are spending the least of their paychecks on electricity in at least 58 years as gains in energy efficiency leave more for food, vacations and gadgets. Consumer spending on electricity fell to 1.3 percent of personal consumption

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Business Headlines

published Feb 15, 2018, 9:26:24 AM, by Zev Chafets (Bloomberg View) — After 14 months of investigation, the Israeli police have finally decided that Prime Minister Benjamin Netanyahu is a crook. That doesn’t make him guilty. The cops aren’t always right. Bibi says they are biased. Now the police report

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Business HeadlinesYour Money

published Feb 14, 2018 4:24:36 PM, by Alex Nussbaum and Anders Melin (Bloomberg) — Want to make it big in the oil industry? Try getting fired by SandRidge Energy Inc. James D. Bennett, the CEO dismissed last week, left the company with a severance package worth at least $14 million,

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Business Headlines

published Feb 14, 2018 4:00:00 PM, by Michelle Jamrisko and Catarina Saraiva (Bloomberg) — Rising prices are more of a threat to the global economy this year than joblessness, according to Bloomberg’s Misery Index, which sums inflation and unemployment outlooks for 66 economies. Venezuela marks its fourth year as the

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Business Headlines

published Feb 14, 2018 3:21:58 PM, by Mark Niquette (Bloomberg) — President Donald Trump told lawmakers he would support a 25-cent increase in the federal gasoline tax to pay for his plan to upgrade U.S. public infrastructure, a congressional aide said. Oregon Representative Peter DeFazio, the top Democrat on the

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Business Headlines

published Feb 13, 2018 6:13:02 PM, by Laura Litvan and Sahil Kapur (Bloomberg) — Senate Majority Leader Mitch McConnell said he wants to wrap up immigration legislation this week even as senators working on bipartisan compromises say none of the proposals offered so far has enough votes to pass. “I

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