Posts In Category

Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Oct 30, 2017, 7:18:23 PM, by Jamie Butters and John Lippert (Bloomberg) — Look out, Detroit: Toyota Motor Corp. is on a roll in the U.S. Toyota took 15 percent market share last quarter for the first time since 2009. Its RAV4 car-based sport utility vehicle is the industry’s

Read More
Business Headlines

published Oct 27, 2017, 4:13:21 PM, by Margaret Talev (Bloomberg) —The U.S. State Department said it would sanction dozens of Russian companies in the country’s defense and intelligence industry, after coming under criticism from lawmakers for missing an Oct. 1 deadline Congress set to punish Russia for its 2016 election

Read More
Business Headlines

published Oct 29, 2017, 11:23:40 AM, by Ros Krasny and Ben Brody (Bloomberg) — The Republican tax plan, expected to feature sharp reductions to corporate and individual tax rates, won’t raise the U.S. budget deficit over the long term as many economists have forecast, said two Republican lawmakers. “At the

Read More
Business Headlines

published Oct 29, 2017, 3:00:00 PM, by Enda Curran and Christopher Anstey (Bloomberg) — It used to be that when America sneezed, the world caught a cold. This time around, it’s the risk of a sickly China that poses a bigger threat. The world’s second-largest economy is now trying to

Read More
Business Headlines

published Oct 26, 2017, 7:29:32 PM, by Adam Haigh (Bloomberg) — Asian stocks followed gains in U.S. equities as earnings and congressional action on tax reform boosted confidence in the growth outlook. Equity benchmarks rose in Tokyo, Seoul and Sydney as technology shares rallied following stellar profit at Amazon.com Inc.

Read More
Business Headlines

published Oct 26, 2017, 4:21:29 PM, by Shira Ovide (Bloomberg Gadfly) — Amazon has received a free pass on delivering profits to investors. It might be time to revoke it. Third-quarter revenue rose about 34 percent, better than Wall Street’s expectations. The tally included about a month of sales from

Read More
Business Headlines

published Oct 26, 2017, 5:41:18 PM, by Jim Polson (Bloomberg) — Connecticut took a step toward propping up nuclear energy on Thursday, wading into a national debate over how to keep aging reactors running that’s become so intense that even the Trump administration is weighing in. A bill passed Thursday

Read More
Business HeadlinesYour Money

published Oct 23, 2017 5:00:09 AM, by Suzanne Woolley (Bloomberg) — There may soon be three more letters in your employer’s alphabet soup of benefit plans. Those letters are HSA, which stands for health savings account, and they can bring tax advantages at a time when you could use them

Read More
Business Headlines

published Oct 25, 2017 3:23:44 PM, by Alan Levin (Bloomberg) — Drone deliveries got a step closer to reality as the White House issued an order giving local governments more authority to conduct tests of the burgeoning new technology. President Donald Trump on Wednesday signed an executive order designed to

Read More
Business Headlines

published Oct 25, 2017 5:02:09 PM, by Joel Rosenblatt and Andrew Harris (Bloomberg) — A federal judge rejected a bid by Democratic state officials to temporarily block the White House from ending so-called cost-sharing reduction payments to health insurers under the Affordable Care Act. A coalition of 19 Democratic attorneys general,

Read More