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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Jun 12th 2017, 5:01 pm, by Lynnley Browning (Bloomberg) — Multinationals are in line for a windfall from President Donald Trump’s call to cut the tax rate on U.S. companies’ stockpiled overseas earnings, but a select few would do better than others. Apple Inc. and Pfizer Inc. may enjoy

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Business Headlines

published Jun 8th 2017, 11:21 pm, by Pavel Alpeyev (Bloomberg) —Airbnb Inc. will now be able to operate in Japan without the risk of running into regulatory hurdles after the government passed a law that sets out rules for home sharing. Japan’s upper house passed a legislative bill on Friday

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Business Headlines

published Jun 11th 2017, 12:15 pm, by Mark Niquette and James Rowley (Bloomberg) —The Senate is expected to vote this week on a measure to punish Russia with sanctions for interfering in the 2016 presidential election, and President Donald Trump would be “betraying democracy” if he vetoes it, Senator Lindsey

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Business Headlines

published Jun 11th 2017, 4:43 pm, by Chiara Albanese and Brian Parkin (Bloomberg) —The U.S. will join other Group of Seven nations in a communique at the end of a two-day climate meeting in Italy that will acknowledge points of disagreement, a top German official said. Environment Minister Barbara Hendricks

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Business Headlines

published Jun 8th 2017, 12:59 pm, by Tyler Cowen (Bloomberg View) —Perhaps the most common policy argument I see is that the government ought to channel more resources to lower-income Americans, and finance this transfer by raising taxes on the wealthy. This argument is seductive, because so often it seems

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Business Headlines

published Jun 8th 2017, 6:01 pm, by Javier Blas and Grant Smith (Bloomberg) — Qatar and Saudi Arabia square off in a major diplomatic feud. Suicide bombers strike at the heart of the Iranian capital. Kurdistan moves toward independence, and war rages on in Syria and Yemen. And in the

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Business Headlines

published Jun 8th 2017, 7:19 pm, by Jeremy Herron and Adam Haigh (Bloomberg) —The pound tumbled the most since January after an exit poll showing the U.K. faces a hung parliament left the nation’s course unclear as it contends with exiting the European Union. The reaction in other financial markets

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Business Headlines

published Jun 7th 2017, 9:02 pm, by Seyoon Kim and Shinhye Kang (Bloomberg) —North Korea launched a series of short-range missiles early Thursday that appeared to be designed to attack ships, the latest provocation by Kim Jong Un’s isolated regime. South Korea’s Joint Chiefs of Staff said the rockets —

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Business Headlines

published May 26th 2017, 9:11 am, by Nacha Cattan (Bloomberg) — Walk through the town of Atlacomulco and you’re quite likely to bump into a relative of a Mexican president or a schoolmate of a state governor, possibly on a street named after one of them. The hometown of so many big

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Business Headlines

published Jun 7th 2017, 4:32 pm, by Terrence Dopp (Bloomberg) —Republican and Democratic U.S. senators signaled support Wednesday for adding strengthened sanctions against Russia to a measure that would impose economic penalties against Iran over that nation’s ballistic missile program. The Senate voted Wednesday to advance the Iran measure, S.

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