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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Jan 18, 2018, 8:53:07 AM, by Wojciech Moskwa (Bloomberg) — Poland’s President Andrzej Duda thanked U.S. counterpart Donald Trump for fighting fake news, saying that his country’s leaders are also the victim of false reports accusing them of undermining democracy and the rule of law. “President Trump just stressed

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Business Headlines

published Jan 17, 2018, 4:12:07 PM, by Justin Bachman (Bloomberg) — As more international travelers decide to skip the United States, 10 business associations, including the U.S. Chamber of Commerce and the National Restaurant Association, have created a travel industry group aimed at reversing the growing unpopularity of the U.S. as

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Business Headlines

published Jan 17, 2018, 5:41:33 PM, by Kanga Kong (Bloomberg) — North and South Korea will march jointly under one unified flag during the opening ceremony of the Winter Olympics, the biggest sign yet of a detente after months of tensions over Kim Jong Un’s nuclear program. The statement, made

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Business Headlines

published Jan 17, 2018, 5:12:50 PM, by Mark Gurman (Bloomberg) — Apple Inc. told employees Wednesday that it’s issuing a bonus of $2,500 worth of restricted stock units, following the introduction of the new U.S. tax law, according to people familiar with the matter. The iPhone maker will begin issuing

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Business Headlines

published Jan 15, 2018, 6:32:31 PM, by Adam Haigh (Bloomberg) — Asian equities’ best start to a year since 2006 took a breather Tuesday in the absence of fresh catalysts to spur the rally on. The dollar halted its slide and Treasuries inched lower as the U.S. bond market reopened

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Business Headlines

published Jan 16, 2018, 4:36:13 PM, by Keith Naughton (Bloomberg) — Ford Motor Co. warned profit will fall this year as Chief Executive Officer Jim Hackett spends heavily to catch up with rivals bringing electrified vehicles to market. The U.S. automaker forecast adjusted earnings of $1.45 to $1.70 a share

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Business Headlines

published Jan 16, 2018, 3:57:24 PM, by Matthew Boyle (Bloomberg) — Wal-Mart Stores Inc. will tap Judith McKenna to run its international unit, elevating one of its highest-ranking female executives to a critical role, according to people familiar with the matter. McKenna, currently chief operating officer of the retailer’s domestic

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Business Headlines

published Jan 15, 2018, 6:29:15 PM, by David Stringer (Bloomberg) — Rio Tinto Group forecasts its iron ore shipments will remain flat this year or rise by 3 percent at most, reinforcing market sentiment that a wave of new supply is turning into a trickle. The world’s second-largest exporter expects

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Business HeadlinesYour Money

published Jan 15, 2018, 3:00:09 PM, by Adam Minter (Bloomberg View) — For decades, the donation bin has offered consumers in rich countries a guilt-free way to unload their old clothing. In a virtuous and profitable cycle, a global network of traders would collect these garments, grade them, and transport

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Business Headlines

published Jan 15, 2018, 6:00:00 PM, by Jonas Cho Walsgard (Bloomberg) — Small tech is better than big tech. That view has paid off for Storebrand’s Global Multifactor fund, which also sees small size as perhaps the thing to bet on in 2018 after momentum delivered gains last year. “There

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