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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Oct 15, 2017, 5:00:09 PM, by The Editors (Bloomberg View) —Thankfully, President Donald Trump’s threats to summarily “terminate” the free-trade deal between the U.S. and South Korea have so far proved empty. Now, as the two sides sit down to renegotiate, there’s a chance to make some real improvements.

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Business Headlines

published Oct 6, 2017, 7:14:25 PM, by Erik Larson and Andrew Harris (Bloomberg) — The Trump administration ratcheted up America’s raging culture war with new rules letting employers opt out of providing health insurance that covers birth control and paving the way for religious businesses and employees to discriminate based

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Business Headlines

published Oct 12, 2017, 4:26:34 PM, by Naureen S. Malik and Jonathan Levin (Bloomberg) — Puerto Rico Governor Ricardo Rossello on Thursday side-stepped another potential fight with the White House. Hours after President Donald Trump warned on Twitter that federal forces shouldn’t remain in Puerto Rico “forever,” Rossello spoke to

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Business Headlines

published Oct 12, 2017, 5:16:13 PM, by Lucas Shaw (Bloomberg) — Amazon.com Inc.’s film and TV unit was engulfed in the uproar in Hollywood over mistreatment of women, with multiple claims that the company didn’t do enough to respond to allegations of harassment. Isa Hackett, a producer on the Amazon

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Business Headlines

published Oct 11, 2017, 2:42:21 PM, by Lucas Shaw, Eben Novy-Williams and Ira Boudway (Bloomberg) —Without the U.S. team in the 2018 World Cup, Fox Sports projects it will lose $10 million to $20 million in advertising sales, according to a person close to the company. The projection is lower

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Business Headlines

published Oct 11, 2017, 6:06:41 PM, by Dana Hull (Bloomberg) —Elon Musk’s Space Exploration Technologies Corp. successfully launched another reused rocket from Kennedy Space Center in Florida as it continues its mission to drive down flight costs through refurbishment and reusability. The launch, SpaceX’s 15th this year, carried a high-powered

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Business Headlines

published Oct 11, 2017, 3:44:44 PM, by John McCormick (Bloomberg) —A group backed by billionaire industrialists Charles and David Koch unveiled a television and digital campaign Wednesday that claims “corporate welfare” threatens Republican efforts to dramatically alter the U.S. tax code. The Freedom Partners Chamber of Commerce is targeting the

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Business Headlines

published Oct 10, 2017, 8:41:44 PM, by Adam Haigh and Andreea Papuc (Bloomberg) —Stocks in Asia traded near decade highs, while the euro held gains spurred by Catalonia’s president stepping back from an immediate declaration of independence from Spain. Japan’s Topix index fluctuated after closing at the highest in 10

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Business Headlines

published Oct 10, 2017, 2:50:04 PM, by Nick Turner and Craig Giammona (Bloomberg) —China is Starbucks Corp.’s biggest growth opportunity, and its expansion there could last decades without letting up. That’s the view of Chief Executive Officer Kevin Johnson, who spoke with Bloomberg’s Emily Chang at the GeekWire Summit in

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published Oct 10, 2017, 5:11:33 PM, by Liz Capo McCormick (Bloomberg) —Marty Mitchell recalls how his colleagues on the trading desk at Perpetual Savings Bank in Virginia, along with the rest of the bond market, were stunned in June 1987 by the resignation of Federal Reserve Chair Paul Volcker and the choice

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