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Business Headlines

Curated news from Bloomberg Business

Business Headlines

published May 24th 2016, 4:13 pm, by Nafeesa Syeed (Bloomberg) — A former U.S. lawmaker who served on the commission that investigated the Sept. 11 attacks said there’s a “glaring contrast” between Saudi Arabia’s high-level cooperation in uncovering terrorist plots and its “society and culture exporting extremism and intolerance.” The

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Business Headlines

published May 23rd 2016, 5:00 pm, by Sam Kim (Bloomberg) — Kim Jong Un is looking to one of North Korea’s more experienced technocrats — who once narrowly escaped being purged — to revive the economy in the face of punishing international sanctions. Kim this month named prime minister Pak

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Business Headlines

published May 23rd 2016, 6:00 pm, by Tom Orlik (Bloomberg View) —Both Hillary Clinton and Donald Trump have propelled their campaigns in part by appealing to globalization’s losers. The blue-collar American workers who have seen wages shrink and jobs disappear offshore have responded strongly to Trump’s China-bashing and Clinton’s newfound

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Business Headlines

published May 23rd 2016, 6:50 pm, by Elizabeth Campbell (Bloomberg) —Chicago Mayor Rahm Emanuel reached an agreement with unions on a way to shore up the smallest of the city’s struggling pension funds, saying it would create a “path to solvency” after a previous overhaul was struck down by the

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Business Headlines

published May 20th 2016, 10:49 am, by Marc Champion (Bloomberg View) —The bombings in Brussels in March, like the crash of the EgyptAir flight in the Mediterranean this week, raised questions about the costs and benefits of adding more airport security, the topic of this column first published on March

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Business Headlines

published May 22nd 2016, 11:33 am, by David McLaughlin and Ben Brody (Bloomberg) —Bernie Sanders stepped up his feud with Democratic leadership, saying he’s backing the primary opponent of Representative Debbie Wasserman Schultz, the party’s national committee chairwoman, and taking on an “undemocratic” nominating process. “Clearly, I favor her opponent. His

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Business Headlines

published May 22nd 2016, 5:00 pm, by Shai Oster (Bloomberg) —Online crowdfunding sites have been the place to raise money to research the theory of everything or back a San Francisco startup. Now, Chinese tech companies are using them to crack the U.S. market. Yet these aren’t exactly struggling startups. Take

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Business Headlines

published May 19th 2016, 6:01 pm, by Bloomberg News (Bloomberg) — China’s effort to promote natural gas over coal to cut pollution is facing resistance from buyers who prefer cheaper to cleaner. The world’s largest energy consumer seeks to raise the share of less-polluting natural gas to 10 percent of

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Business Headlines

published May 19th 2016, 1:36 pm, by Jennifer Jacobs and Kevin Cirilli (Bloomberg) — Power over the management of Donald Trump’s presidential campaign is shifting to Paul Manafort. Manafort was hired for his experience with contested Republican conventions, but now that that threat has passed, Trump is naming the 67-year-old

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Business Headlines

published May 19th 2016, 8:21 am, by Matt Levine (Bloomberg View) — Artificial intelligence. Look, Two Sigma is a big smart hedge fund that has done well and made its founders rich and has prospective recruits wear virtual-reality headsets for some reason. And I am sure they are wonderful at

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