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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Jun 26th 2017, 6:00 pm, by Sheela Tobben and Laura Blewitt (Bloomberg) —Late last month, an oil tanker that measures three football fields long and six stories high moved slowly through the port of Corpus Christi, Texas, to test the waters of America’s booming crude-export industry. After navigating the

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Business Headlines

published Jun 25th 2017, 8:00 pm, by Vivian Nereim (Bloomberg) —Outside a supermarket in Riyadh, a long-bearded police officer peers at a driver, glances at his female passenger and issues an order: “You should stay away from women.” The trouble for the young man is that women are banned from

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Business Headlines

published Jun 25th 2017, 6:00 am, by Jennifer A. Dlouhy (Bloomberg) — Donald Trump will tout surging U.S. exports of oil and natural gas during a week of events aimed at highlighting the country’s growing energy dominance. The president also plans to emphasize that after decades of relying on foreign

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Business Headlines

published Jun 25th 2017, 2:10 pm, by Mark Niquette (Bloomberg) — The website of Ohio Governor John Kasich apparently was hacked on Sunday with a posting professing love for the jihadist group Islamic State. Other state government websites also may have been compromised, including those for the Ohio Department of

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Business Headlines

published May 23rd 2017, 5:52 am, by Victoria Bateman (Bloomberg View) —When we think about productivity, we often have a bias towards physical goods — things we can touch and feel, like iPhones or suits. But over the past century, as the economic historian Stephen Broadberry has shown, services, not manufacturing,

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Business HeadlinesYour Money

published Jun 22nd 2017, 11:54 am, by Suzanne Woolley (Bloomberg) —One of the hardest expenses to plan for in retirement could be the biggest: health care. It will pay to err on the high side. U.S. retiree health-care costs are likely to increase at an average annual rate of 5.5 percent over

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Business Headlines

published Jun 22nd 2017, 4:49 pm, by Gillian Tan (Bloomberg Gadfly) —Investors in the biggest U.S. lenders can stress less and start banking on payouts. Results from the first phase of the Federal Reserve’s annual stress tests are in, and all 34 of the banks subject to this quantitative portion

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Business HeadlinesYour Money

published Jun 20th 2017, 4:45 am, by Suzanne Woolley (Bloomberg) —After almost a decade, Americans may finally be turning the corner on saving money. More than 30 percent of them say they have enough tucked away to cover six months’ worth of expenses—a seven-year high for this measure of financial calamity preparedness,

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Business Headlines

published Jun 21st 2017, 3:27 pm, by Jeremy Herron (Bloomberg) —Most U.S. stocks fell as oil’s worsening slump weighed on energy and industrial shares, overshadowing fresh rallies in high flying technology and biotech companies. Brent crude slid beneath $45 a barrel to join West Texas Intermediate in a bear market

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Business Headlines

published Jun 21st 2017, 7:13 pm, by Alan Bjerga (Bloomberg) —President Donald Trump said that expanded access to broadband internet service in rural areas will be part of the infrastructure plan he will submit to Congress, helping to bridge a digital divide that leaves small towns behind. “I will be including

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