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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Apr 4th 2017, 7:18 pm, by Kanga Kong (Bloomberg) — North Korea conducted another ballistic missile test, shortly before the first meeting between Chinese President Xi Jinping and U.S. President Donald Trump. The projectile was fired into the East Sea early Wednesday and flew about 60 kilometers (37 miles),

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published Mar 31st 2017, 12:30 pm, by Stephen L. Carter (Bloomberg View) — President Donald Trump is poised to sign legislation to overturn Federal Communications Commission rules forbidding internet service providers from selling data they have vacuumed up about the online habits of their customers. Privacy groups are understandably perturbed.

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Business Headlines

published Mar 31st 2017, 4:00 am, by Henry Goldman (Bloomberg) — Mayor Bill de Blasio is scaling back his economy-remaking ambitions merely to the size of New York. In 2013, he captured City Hall vowing to reverse a decades-long national trend of increasing income inequality. For this year’s re-election bid,

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published Apr 1st 2017, 9:00 am, by Stephen Mihm (Bloomberg View) — Last week brought the news that home ownership rates continue to slide, with over half the nation’s largest cities now dominated by renters. The decline is particularly pronounced among millennials: Only 31 percent of adults under the age

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Business Headlines

published Apr 1st 2017, 1:51 pm, by Caleb Melby, Dakin Campbell and Bill Allison (Bloomberg) — President Donald Trump’s White House began releasing personal financial information for scores of his staff members Friday night, offering the clearest view yet into the financial backgrounds of the wealthiest administration in modern history.

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Business Headlines

published Apr 2nd 2017, 10:58 am, by Mark Niquette (Bloomberg) — U.S. Commerce Secretary Wilbur Ross said he’s not aware of the Bank of Cyprus Pcl having any significant dealings with Russians or other individuals and entities under U.S. sanctions while he was on its board of directors. Ross, 79,

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Business Headlines

published Mar 30th 2017, 5:37 pm, by Dana Hull (Bloomberg) — Space Exploration Technologies Corp. re-flew a rocket that had previously been in orbit for the first time ever, a significant milestone in Chief Executive Officer Elon Musk’s mission to employ reusability as a means to reducing the cost of

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Business Headlines

published Mar 30th 2017, 5:59 pm, by Eli Lake (Bloomberg View) — Last week, the chairman of the House Intelligence Committee, Representative Devin Nunes, announced dozens of intelligence reports that inappropriately included details on President Donald Trump’s transition. This week, he told me that his source for that information was

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Business Headlines

published Mar 29th 2017, 3:54 pm, by Oliver Renick (Bloomberg) — U.S. stocks edged higher on the third slowest trading day of the year as investors assessed economic data and continued to weigh the likelihood of legislative reform in the Trump administration. The S&P 500 added 0.1 percent to 2,361

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Business Headlines

published Mar 29th 2017, 3:06 pm, by Kartikay Mehrotra and Erik Larson (Bloomberg) — Trump administration lawyers are back in court Wednesday to argue the president’s travel restrictions on citizens of six mostly Muslim nations should be allowed to take effect. But even a win — which is a long

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