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Business Headlines

Curated news from Bloomberg Business

Business HeadlinesYour Money

published Jan 17th 2017, 9:03 am, by Suzanne Woolley (Bloomberg) —Imagine that, every year at the same time, somebody wrote you a check for $3,000. Would that be such a horrible thing? Would you dread the months leading up to that? Now imagine it’s the U.S. government. About 70 percent of

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Business Headlines

published Jan 18th 2017, 4:00 am, by Ben Steverman (Bloomberg) —Here’s how one corner of Wall Street got a lesson in the power of the U.S. presidency. For years, personal finance writers have warned readers to keep an eye on their financial advisers. Some advisers, we pointed out over and

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Business HeadlinesYour Money

published Jan 18th 2017, 2:28 pm, by Dakin Campbell (Bloomberg) — Credible, which offers an online exchange for student and personal loans, raised $10 million from investors including Ron Suber, the president of Prosper Marketplace Inc., and Regal Funds Management to expand its business of matching borrowers with lenders. The

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Business Headlines

published Jan 18th 2017, 4:06 pm, by Lucas Shaw (Bloomberg) —Netflix Inc. signed up a record 7.05 million new customers in the fourth quarter, topping analysts’ estimates for domestic and international growth to cap the company’s first year as a global online TV service. The company added 5.12 million new

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Business Headlines

published Jan 16th 2017, 1:08 pm, by Robert Tuttle and Grant Smith (Bloomberg) —Oil rose in New York after Saudi Arabia’s energy minister said OPEC probably won’t need to extend its supply cuts beyond June as the market reaches a balance. Futures rose 0.5 percent in New York after losing

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Business Headlines

published Jan 16th 2017, 9:43 am, by Tim Ross and Robert Hutton (Bloomberg) —Donald Trump’s promise of a speedy U.S.-U.K. trade deal strengthens Prime Minister Theresa May just as she’s preparing to set out her vision for Brexit. The U.S. president-elect’s pledge helps May by showing her European negotiating partners

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Business Headlines

published Jan 16th 2017, 2:53 pm, by Shannon Pettypiece and Kathleen Miller (Bloomberg) —Donald Trump met Monday with Martin Luther King III, who said he used his time with the president-elect to discuss strategies to fix the U.S.’s “broken voting system.” The oldest son of the civil rights leader trekked

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Business Headlines

published Jan 15th 2017, 9:54 pm, by Kana Nishizawa (Bloomberg) —Chinese shares fell for the fifth day in a row, the longest run of losses since August 2015, as a measure of developers tumbled on concern policy makers will boost efforts to curb speculators. The Shanghai Composite Index dropped 1.4

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Business Headlines

published Jan 15th 2017, 10:49 am, by Albert R. Hunt (Bloomberg View) — To liberal Democrats and a few Republicans: Get over it. Donald J. Trump will become president of the United States this week. Accept it. As unsettling as the prospect may be, it’s better to go in open-eyed,

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Business Headlines

published Jan 15th 2017, 6:01 pm, by Alex Morales (Bloomberg) —For someone who declared she’ll give no “running commentary” on her Brexit plans, U.K. Prime Minister Theresa May has been quite talkative about Britain’s pending withdrawal from the European Union. On Tuesday, she is set to say even more as

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