published Jun 12th 2016, 5:52 pm, by Stephen Stapczynski (Bloomberg) — Crude fell a third day after the number of rigs drilling for oil in the U.S. rose for a second week. Futures fell as much as 1 percent in New York after dropping 4.2 percent in the previous two

published Jun 12th 2016, 4:45 pm, by Alan Levin and Tamara Thueringer (Bloomberg) — The killing spree at a gay bar in Orlando, Florida, that left at least 50 dead in the worst mass shooting in U.S. history was “an attack on all of us,” President Barack Obama said on

published Jun 9th 2016, 4:10 pm, by Elizabeth Campbell (Bloomberg) — Illinois had its bond ratings dropped to levels not seen for a U.S. state in over a decade because of a protracted political deadlock that’s left it veering toward its second straight year without a budget. Moody’s Investors Service

published Jun 9th 2016, 6:17 pm, by Alex Webb (Bloomberg) — Apple Inc. plans to sell excess electricity generated by solar panels on the roof of its new headquarters in Cupertino, California, joining Google parent Alphabet Inc. in efforts to trade on the energy market. A subsidiary named Apple Energy

published Jun 9th 2016, 3:45 pm, by Anna-Louise Jackson (Bloomberg) — U.S. stocks edged lower, with the S&P 500 Index slipping from a 10-month high, as investors evaluated the gauge’s run toward a record amid lingering concerns about the impact of lackluster global growth. Equities staged an afternoon rebound as

published Jun 8th 2016, 5:09 pm, by Olivia Zaleski and Gerry Smith (Bloomberg) — A decade after co-founding the news site that bears her name, Arianna Huffington is poised to expand her media empire with a startup focused on health and wellness. Huffington, 65, has held talks with investors about

published Jun 8th 2016, 6:00 pm, by Ye Xie, Natasha Doff and Dani Burger (Bloomberg) — Misery is making strange bedfellows in global markets. At a time when risky assets including stocks, commodities, junk bonds and emerging-market currencies are rallying to multi-month highs, so are the havens, from gold, government

published Jun 8th 2016, 7:39 pm, by Adam Minter (Bloomberg View) — The story first turned up in mid-May: Foxconn, Apple’s favorite manufacturer, was replacing 60,000 of its workers with robots. Everyone from the BBC to Apple fan sites soon reported the ground-shifting news. There was just one problem: It

published Jun 7th 2016, 12:55 pm, by Leonid Bershidsky (Bloomberg View) — Greece, that hotbed of worst economic practices, has provided a perfect illustration of one of the biggest problems facing governments: In a world that’s increasingly unified by technology, the fiscal systems are still designed for 20th-century business models.

published Jun 7th 2016, 6:59 pm, by Keiko Ujikane (Bloomberg) — Japan’s economy grew more than the government initially reported for the first quarter, driven by an upward revision in business investment. Gross domestic product expanded by an annualized 1.9 percent in the three months ended March 31, more than