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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Sep 20th 2016, 3:14 pm, by Scott Moritz (Bloomberg) — T-Mobile US Inc. and Sprint Corp. say they are taking each others’ customers as the two smallest U.S. wireless carriers search for growth amid a slowing mobile-phone market. T-Mobile added about 753,000 monthly phone subscribers so far in the

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Business Headlines

published Sep 20th 2016, 6:00 pm, by Tim Loh (Bloomberg) — The last bastion of the American coal industry has been breached. The bust that’s devastated Appalachia for five years has finally reached cowboy country’s Powder River Basin. For four decades, the 300-mile corridor stretching from Wyoming north into Montana

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Business Headlines

published Sep 19th 2016, 2:59 pm, by Jeff Plungis (Bloomberg) — The Obama administration is set to unveil a policy framework Tuesday to govern the development of self-driving cars, including new ways for automakers to share information on emerging technology with the government, according to people familiar with the announcement.

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published Sep 6th 2016, 4:21 pm, by Jordan Robertson and Michael Riley (Bloomberg) — A new way to bet against stocks is born. A few hours after Carson Block announced last Thursday that he was shorting St. Jude Medical Inc. stock over hacking risks to the company’s pacemakers and defibrillators,

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Business Headlines

published Sep 19th 2016, 4:48 pm, by Leonid Bershidsky (Bloomberg View) — What looked like a promising U.S.-Russian deal in Syria has collapsed amid mutual recriminations. Throughout the failed truce, Russia behaved as though it didn’t attach much value to it, and it probably doesn’t want an agreement with the

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Business Headlines

published Sep 16th 2016, 3:26 pm, by Dani Burger (Bloomberg) — U.S. stocks retreated to trim a weekly gain as investors awaited next week’s Federal Reserve meeting, with economic indicators pointing to uneven growth in the world’s largest economy. Banks and energy producers carried the steepest losses Friday, with crude

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Business Headlines

published Sep 17th 2016, 10:05 pm, by Toluse Olorunnipa and Mark Niquette (Bloomberg) — President Barack Obama said if black voters fail to vote in sufficient numbers and Donald Trump wins the presidency, he will consider it a “personal insult.” “I will consider it a personal insult, an insult to

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Business Headlines

published Sep 16th 2016, 11:18 pm, by Kevin Cirilli (Bloomberg) — Donald Trump said at a rally in Miami that Hillary Clinton’s bodyguards should disarm and “see what happens to her.” “I think that her bodyguards should drop all weapons,” the Republican presidential nominee said Friday. “Take their guns away.

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Business Headlines

published Sep 15th 2016, 5:56 pm, by Perry Williams (Bloomberg) — Oil headed for a weekly loss on speculation a global crude glut will persist as disrupted supply returns and demand growth slows. Futures fell 0.7 percent in New York, extending a weekly decline to 5 percent. OPEC members Libya

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Business Headlines

published Sep 15th 2016, 5:00 pm, by Luzi Ann Javier and Megan Durisin (Bloomberg) — For commodities, 2016 started with a bang. If history is any guide, it will end with a whimper. The Bloomberg Commodity Index, tracking returns for 22 components, is heading for a third-quarter slump after posting

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