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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Nov 30, 2017, 3:29:48 PM, by David Welch (Bloomberg) — General Motors Co. plans to have its self-driving cars ready for a ride-share service within two years as the automaker looks beyond traditional car ownership for new tech-driven sources of revenue. After spending more than a year putting the

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published Nov 26, 2017, 6:01:46 PM, by Craig Torres and Mark Niquette (Bloomberg) — Republican lawmakers are scrambling to lock up the votes needed to finalize a tax bill that can make it to President Donald Trump’s desk by the end of the year, without the benefit of an important

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published Nov 30, 2017 3:02:53 PM, by Brendan Walsh (Bloomberg) — U.S. stocks posted record highs after John McCain backed the Senate tax bill and the biggest technology stocks rebounded from their worst selloff in more than a year. The Dow Jones Industrial Average climbed past 24,000 after the statement of

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published Nov 30, 2017 4:15:46 PM, by Brian Eckhouse (Bloomberg) — Google, the biggest corporate buyer of renewable energy, is buying even more — 536 megawatts of wind power from four different power plants. The Alphabet Inc. unit agreed to buy 196 megawatts of wind power from two  Avangrid Inc. power

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published Nov 30, 2017 2:00:00 PM, by Keiko Ujikane and Nobuyuki Akama (Bloomberg) — Shares of SG Holdings, the operator of Japan’s second-largest parcel delivery company by volume Sagawa Express, could rise as much as 27 percent by a year after its debut this month as investors bet on solid

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published Nov 29, 2017 4:39:17 PM, by Grant Smith, Salma El Wardany and Nayla Razzouk (Bloomberg) — OPEC and Russia are ready to extend their oil production cuts until the end of next year to ensure global stockpiles keep falling and prices maintain recent gains. All OPEC members and Russia,

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published Nov 29, 2017 5:35:29 PM, by Ari Natter and Erik Wasson (Bloomberg) — A bid to open the Arctic National Wildlife Refuge to oil drilling faces a hold up over an arcane budget rule, a development that may mean it can’t be included in the tax overhaul legislation. Senate

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published Nov 29, 2017 5:07:55 PM, by Greg Stohr (Bloomberg) — The Trump administration switched sides in a clash that could upend the Securities and Exchange Commission’s hearing process, telling the U.S. Supreme Court that agency judges were appointed in violation of the Constitution. In a legal filing Wednesday, the

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published Nov 27, 2017 8:46:01 AM, by Matt Levine (Bloomberg View) — CFPB. I feel like a simple misunderstanding is driving the fight over the Consumer Financial Protection Bureau. The CFPB’s staff, and its departing director Richard Cordray, think that the bureau’s job is to protect consumers from financial institutions. But

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published Nov 27, 2017 5:06:41 PM, by Colin Keatinge (Bloomberg) — Japan received radio signals suggesting that North Korea may be preparing for a missile launch test, Kyodo News reported, citing multiple government officials. Japan didn’t specify the type of possible missile, according to the news service. Any radio signals

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