Posts In Category

Business Headlines

Curated news from Bloomberg Business

Business Headlines

published Jun 23rd 2016, 7:40 pm, by Min Jeong Lee and Yuko Takeo (Bloomberg) — Japanese shares pared gains as early results from the U.K. referendum on European Union membership showed better-than-expected support for the “Leave” camp. The Topix index rose 0.2 percent to 1,300.83 as of 9:37 a.m. in

Read More
Business Headlines

published Jun 22nd 2016, 1:14 pm, by Jennifer A. Dlouhy (Bloomberg) —The Obama administration will fight a federal judge’s ruling overturning its effort to regulate hydraulic fracturing on public lands, a decision that struck another blow to the president’s environmental legacy. “We’ll continue to make our case in the courts,”

Read More
Business Headlines

published Jun 22nd 2016, 3:34 pm, by Billy House (Bloomberg) — Democrats staged a sit-in on the U.S. House floor Wednesday in an effort to force Republicans to allow a vote on a plan to ban suspected terrorists from buying guns. “Now is the time for us to find a

Read More
Business Headlines

published Jun 21st 2016, 12:46 pm, by Suzanne Woolley (Bloomberg) —Poor millennials. If the data-hungry survey firms pursuing them were piranhas, the whole generation would be reduced to a bunch of skeletons. The behavior and attitudes of people age 18-34 have been scrutinized every which way. Much of that focus makes good business sense, since

Read More
Business Headlines

published Jun 21st 2016, 11:27 am, by Noah Feldman (Bloomberg View) — The Supreme Court declined to get involved in a hot-button national issue when it refused Monday to hear a challenge to Connecticut’s ban on assault rifles. Yet at the same time, the justices took two cases highly relevant

Read More
Business Headlines

published Jun 21st 2016, 1:00 pm, by The Editors (Bloomberg View) — Some environmentalists are thrilled at Tuesday’s announcement of the planned closing of California’s Diablo Canyon nuclear power plant. They might want to reconsider: Fighting climate change requires more nuclear power, not less. The losers in this plan, which

Read More
Business Headlines

published Jun 21st 2016, 8:32 pm, by Joshua Green and Zachary Mider (Bloomberg) —For all his prowess at appealing to Republican voters, Donald Trump has struggled mightily to win over rich Republican donors. After savaging major party funders as corrupt insiders during the primaries, Trump is finding them reluctant to

Read More
Business Headlines

published Jun 20th 2016, 3:45 pm, by Maria Levitov (Bloomberg) — Emerging-market assets rose for a second day on signs the campaign for the U.K. to stay in the European Union was gaining momentum. South Africa’s rand led a rally in developing currencies after a poll showed the campaign for

Read More
Business Headlines

published Jun 20th 2016, 7:13 pm, by Ben Sharples (Bloomberg) — Oil halted its advance near $49 a barrel before weekly U.S. government stockpile and production data. Futures slid as much as 0.6 percent in New York, trimming a 6.8 percent two-day gain. Inventories probably fell by 1.5 million barrels

Read More
Business Headlines

published Jun 20th 2016, 9:09 pm, by Bloomberg News (Bloomberg) — China’s stocks rose for a third day, sending the benchmark index toward its longest stretch of gains in more than two months. The Shanghai Composite Index advanced 1 percent, led by brokerages. Citic Securities Co. headed for its biggest

Read More