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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Oct 2, 2017, 7:40:52 PM, by Jennifer Epstein, Nick Wadhams and Keith Zhai (Bloomberg) — The White House ruled out talks with North Korea over its nuclear arsenal just days after Secretary of State Rex Tillerson said the U.S. was talking to North Korea “directly, through our own channels.”

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Business Headlines

published Oct 2, 2017, 6:03:53 PM, by Alex Webb (Bloomberg) — Facebook Inc. estimates that 10 million people saw the advertisements that have been linked to Russian efforts to influence last year’s U.S. presidential election. About 44 percent of the ads were seen before the Nov. 8 election, Elliot Schrage,

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Business Headlines

published Sep 22, 2017, 4:32:39 PM, by Joe Light (Bloomberg) —Ben Carson has been a faithful ally to President Donald Trump since winning confirmation to serve as U.S. Housing and Urban Development Secretary, but he as put himself at odds with his boss in expressing support for Roy Moore in Alabama’s

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Business Headlines

published Sep 29, 2017, 6:24:12 PM, by Sahil Kapur and Lynnley Browning (Bloomberg) —Republican lawmakers leveled harsh criticism at a Washington policy group study that said some middle-income taxpayers would ultimately see a tax increase under a framework for legislation that they and President Donald Trump proposed this week. That

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Business Headlines

published Oct 1, 2017, 5:00:09 PM, by Mark Buchanan (Bloomberg View) —Economists are famously bad at predicting growth. A new technique might help them get a little better. When assessing a country’s potential to prosper, economists typically look at aggregate measures such as education, investment or national debt. This hasn’t

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Business Headlines

published Sep 12, 2017, 6:37:00 PM, by Jeff Green and Erik Larson (Bloomberg) — Early on, lesbian, gay, bisexual and transgender people seemed to be exempted from Donald Trump’s most inflammatory rhetoric. He was the first Republican presidential nominee to mention LGBT people in his acceptance speech. After his election,

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published Sep 28, 2017, 3:27:07 PM, by Sarah McGregor (Bloomberg) — President Donald Trump is still intent on eliminating the carried interest tax break even though it wasn’t specified in his tax framework, White House Economic Adviser Gary Cohn said. “The president remains committed to ending the carried interest deduction,”

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Business HeadlinesYour Money

published Sep 28, 2017, 4:25:29 PM, by Simone Foxman, Katya Kazakina and Tom Metcalf (Bloomberg) — President Donald Trump’s tax plan suggests that wealthy Americans could be in line for a boatload of breaks. At this point, the rich aren’t buying it. “Trying to plan is pretty impossible,” said John

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Business Headlines

published Sep 27, 2017, 5:03:23 PM, by Jamie Butters and Keith Naughton (Bloomberg) — When it comes to investments by global automakers in the U.S., 2017 is shaping up to be nothing special — even after President Donald Trump’s threats to heavily tax cars shipped from abroad. Companies including Toyota

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Business Headlines

published Sep 27, 2017, 4:01:46 PM, by Justin Sink (Bloomberg) — President Donald Trump kicked off his campaign to cut tax rates for corporations and individuals, casting the proposal as an economic jolt that would boost hiring across the country. “This is a revolutionary change, and the biggest winners will

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