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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Jun 14th 2017, 9:06 pm, by Andy Sharp (Bloomberg) — Japanese Prime Minister Shinzo Abe’s government passed controversial legislation that gives prosecutors the power to monitor and arrest people in the planning stages of crimes. As dawn broke in Tokyo on Thursday, bleary-eyed lawmakers voted to pass the so-called

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Business Headlines

published Jun 12th 2017, 10:15 am, by Chris Bryant and Andrea Felsted (Bloomberg Gadfly) —You don’t need a brain like Jeff Bezos to figure out why he began selling books online and not cars. Books are a cheap and easily-shipped commodity product. By contrast, people rarely buy a car without

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Business Headlines

published Jun 13th 2017, 1:41 pm, by Greg Stohr (Bloomberg) —The Trump administration said it wants the U.S. Supreme Court to review this week’s appeals court ruling blocking the president’s travel ban, proposing a briefing schedule that would let the high court act on the case before its term ends

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Business Headlines

published Jun 13th 2017, 2:00 pm, by Liam Denning (Bloomberg Gadfly) — The tech tantrum of recent days offered some timely insight into one of the more intriguing, and vexatious, debates in the stock market: namely, whether Tesla Inc. is a car stock or a technology stock. It’s both, obviously:

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Business Headlines

published Jun 12th 2017, 4:00 pm, by Adam Minter (Bloomberg View) —At more than 2,000 feet, Shanghai Tower is the world’s second-tallest building. It looms over its neighbors — the world’s ninth and 19th tallest buildings — in a supercluster of supertall structures unlike any other in the world. The

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Business Headlines

published Jun 12th 2017, 4:37 pm, by Saleha Mohsin (Bloomberg) —U.S. Treasury Secretary Steven Mnuchin said he’s “comfortable” the government can be funded until the start of September even as he urged Congress to lift the debt cap as quickly as possible to avoid agitating markets. The administration has “back-up

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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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