Posts In Category

Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Dec 15th 2016, 2:29 am, by Jake Ulick (Bloomberg) — Step aside, central bankers. The prospect of more government spending has helped make the term “fiscal stimulus” more common in a Bloomberg count of news stories, helping it to overtake “monetary policy” by the biggest margin since 2008. It’s

Read More
Business Headlines

published Dec 14th 2016, 4:26 pm, by Olga Kharif and Lucas Shaw (Bloomberg) —Amazon.com Inc.’s new push to expand Prime Video into more than 200 countries and territories includes a bonus feature: a price that undercuts Netflix Inc.’s in many markets. By going global, Amazon is following Netflix’s lead. The

Read More
Business Headlines

published Dec 12th 2016, 11:47 am, by Mark Ellwood (Bloomberg) —It’s burglar catnip: a large, unoccupied home late at night, with iPads and laptops strewn temptingly around. Sure enough, one man did break in—exactly as the police had planned. Arrested, he protested his innocence, at least until law enforcement shined

Read More
Business Headlines

published Dec 13th 2016, 12:19 pm, by Sangwon Yoon (Bloomberg) —It’s not just President-elect Donald Trump who’s bent on military build-up. From Europe all the way to China, the next decade will be marked by an increase in global defense spending amid rising feuds and pockets of instability, according to IHS

Read More
Business Headlines

published Dec 12th 2016, 2:27 pm, by Eric Roston (Bloomberg) —As long-term global average temperatures steadily rise, and international efforts to address them steadily fall short, some scientists and engineers are working on increasingly desperate solutions to the symptoms of global climate change. One approach to “geoengineering” the earth is to mimic

Read More
Business Headlines

published Dec 12th 2016, 4:00 pm, by Rich Miller (Bloomberg) —President-elect Donald Trump has accused China of ripping off the U.S. on trade and threatened to brand the country a currency manipulator soon after taking office. Yet economists say his new best bud and China nemesis, Taiwan, is much better

Read More
Business Headlines

published Dec 12th 2016, 6:33 pm, by Kevin Cirilli, Caleb Melby and Ben Brody (Bloomberg) —President-elect Donald Trump is postponing until next month a previously announced news conference to outline how he’ll handle his far-flung business operations while in the White House, according to senior Trump transition officials. Trump had

Read More
Business Headlines

published Dec 11th 2016, 1:56 pm, by Javier Blas, Elena Mazneva and Angelina Rascouet (Bloomberg) —Saudi Oil Minister Khalid al-Falih emerged from the OPEC meeting room on Saturday evening having endured months of secret petro-diplomacy, late-night phone calls and, a few times, disagreements that almost saw talks collapse. But he

Read More
Business Headlines

published Dec 9th 2016, 10:35 am, by Megan McArdle (Bloomberg View) — Listening to a Sears earnings call in 2016 is like realizing that the twinkling light you’re admiring in the night sky is from a star that died 50 years ago. Sears Holdings Corp. lost $748 million last quarter

Read More
Business Headlines

published Dec 11th 2016, 11:28 am, by Mark Bergen (Bloomberg) — President-elect Donald Trump’s sit down with technology titans next week will have two marquee attendees: Alphabet Inc.’s Larry Page and Eric Schmidt. Page, chief executive officer of the Google parent company, and Schmidt, the chairman, plan to be at

Read More