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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Aug 1st 2016, 5:09 pm, by Jennifer Jacobs (Bloomberg) — Some influential conservative donors are trying to broker a détente between Republican nominee Donald Trump and Charles Koch, the billionaire industrialist whose political network is poised to spend $750 million on 2016 political contests. Dallas investor Doug Deason, whose

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Business Headlines

published Jul 31st 2016, 9:30 am, by Eli Lake (Bloomberg View) — Since 2014, President Barack Obama’s administration has punished three of the four states considered the top cyber threats to U.S. computer networks: China, Iran and North Korea. The curious exception is Russia, the country experts and Hillary Clinton’s

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Business Headlines

published Jul 31st 2016, 6:01 pm, by Thomas Black (Bloomberg) — Corporate earnings are heading for a fifth straight quarter of declines, dragged down mostly by energy companies’ struggles with low oil prices and a tepid global economy that threatens to throttle sales growth in many industries. U.S. companies as

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Business Headlines

published Jul 31st 2016, 7:07 pm, by Ben Sharples (Bloomberg) —Oil resumed its decline toward $40 a barrel as U.S. producers increased drilling for a fifth week amid a glut of crude and fuel supplies that are at the highest seasonal level in at least two decades. Futures slid as

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Business Headlines

published Jul 28th 2016, 1:38 pm, by Justin Fox (Bloomberg View) — With each monthly data release from the Energy Information Administration (there was one on Tuesday) it gets a little clearer. Natural gas has overtaken coal as the main source of electrical power in the U.S.: Gas’s lead over

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Business Headlines

published Jul 27th 2016, 1:00 am, by The Editors (Bloomberg View) — Russian President Vladimir Putin urgently needs to revive his country’s economy. His greatest obstacle will be himself. While Americans argue about the extent of Russia’s intervention in the U.S. presidential election, Putin is battling a recession at home.

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Business Headlines

published Jul 27th 2016, 10:35 am, by Chris Strohm (Bloomberg) — Hundreds of terrorists will fan out to infiltrate western Europe and the U.S. to carry out attacks on a wider scale as Islamic State is defeated in Syria, FBI Director James Comey warned. “At some point there’s going to

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Business Headlines

published Jul 27th 2016, 6:01 pm, by Ladka Bauerova and Mathew Carr (Bloomberg) — Investors in European coal, the year’s best-performing commodity, should strap in for a bumpy ride as demand for the fuel wanes. Coal for delivery in Europe in 2017 will fall about 11 percent by December, taking

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Business Headlines

published Jul 27th 2016, 10:46 pm, by Christopher Langner (Bloomberg Gadfly) — China’s government has once again managed to engineer a mini-stock market collapse. This time, though, it’s probably a good thing. Qingdao Huaren Pharmaceutical’s P/E 4,460 times The ChiNext composite index dropped 5.6 percent Wednesday after a report in

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Business Headlines

published Jul 25th 2016, 11:01 pm, by Daniel Gordis (Bloomberg View) — Measured against a tempestuous U.S. election season and a failed Turkish coup, Israel (for a change) seems quiet and stable. Bolstered by coalition agreements with the religious right, Prime Minister Benjamin Netanyahu seems politically secure. For now, at

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