Posts In Category

Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2016 Bloomberg News O3MVFT6S9728 (Bloomberg) —  Ted Cruz isn’t interested in a brokered Republican convention.  A day after displaying unexpected strength against front- runner Donald Trump with wins in two state nominating contests, the Texas senator warned of a “manifest uprising” if “a bunch of Washington dealmakers” attempted to “steal the nomination” from a candidate who

Read More
Business Headlines

©2016 Bloomberg View O3HKPK6KLVRT (Bloomberg View) — The optimists’ case for China is fairly straightforward. Yes, the world’s second-largest economy is grinding to its slowest pace in decades. But as investment and manufacturing — traditionally the key drivers of Chinese growth — decline in importance, domestic consumption and services are

Read More
Business Headlines

©2016 Bloomberg View O3HFD96JTSEW (Bloomberg View) — Mitt Romney gave a forceful speech denouncing Donald Trump today. He hit each of Trump’s major areas of weakness: His incoherence on policy and deviation from conservative orthodoxy; his lack of appropriate temperament and trustworthiness; and his business record. On the surface, his

Read More
Business Headlines

©2016 Bloomberg News O3HOC9SYF01U (Bloomberg) — Tech giants including Microsoft Corp. and Google rallied to Apple Inc.’s side in its fight against a judge’s order to help unlock the iPhone of a dead terrorist. The 15 companies, including Facebook Inc. and Amazon.com, are seeking to support Apple through a so-called

Read More
Business Headlines

©2016 Bloomberg News O3G3RJ6S9729 (Bloomberg) — Emerging-market stocks rose for a fifth day in this year’s longest rally, and inflows boosted currencies after U.S. data beat estimates and on optimism that China is working to regain investors’ confidence. Health care and technology shares led gains in the MSCI Emerging Markets

Read More
Business Headlines

©2016 Bloomberg News O3FTHW6KLVRA (Bloomberg) — IBM has started to cut some jobs in the U.S., part of what it says is a strategy to shift the workforce more toward cloud computing and artificial intelligence operations. The company currently has more than 25,000 open positions, and the “workforce rebalancing” is

Read More
Business Headlines

©2016 Bloomberg News O3G2GI6KLVR4 (Bloomberg) — Almost 100 million households worldwide may be powered by solar panels by 2020, according to Bloomberg New Energy Finance. The off-grid solar market has grown to $700 million now from non-existent less than a decade ago, according to a report Thursday from the London-based

Read More
Business Headlines

©2016 Bloomberg View O3DVE96JTSEA (Bloomberg View) — Major League Baseball took a major step toward fighting domestic violence in sports Tuesday, suspending newly acquired New York Yankees closer Aroldis Chapman for 30 games. But is it enough? Is it fair? The unpaid suspension is the first under the league’s new domestic

Read More
Business Headlines

©2016 Bloomberg News O3DY136K50YC (Bloomberg) — Chinese authorities seem to finally be getting through to investors after months of confusion about the nations’ economic policies helped drive a $9 trillion global equity rout. Recent moves such as ruling out the possibility of a one- off yuan devaluation, a new head

Read More
Business Headlines

©2016 Bloomberg News O3E33W6TTDSR (Bloomberg) — Republican Donald Trump will take at least five states as he heads toward a commanding Super Tuesday showing that will give him a firmer grip on the party’s presidential nomination that will become increasingly difficult for his rivals to break. Texas Senator Ted Cruz

Read More