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Business Headlines

Curated news from Bloomberg Business

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

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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

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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

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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

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©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

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Business HeadlinesYour Money

©2016 Bloomberg View O3BAFL6JTSEF The Buffett letter Warren Buffett’s annual shareholder letter this weekend contained the requisite quantum of folksiness, but in some ways the most old-fashioned part was this description of the differences between Berkshire Hathaway and its occasional partners at 3G Capital: Their method, at which they have been extraordinarily

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©2016 Bloomberg View (Bloomberg View) — The U.S. is a nation divided — divided between zip codes where economic times are good and zip codes where they really aren’t. This map was compiled by the Economic Innovation Group, a new Washington think tank with Silicon Valley backing. It’s based on

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Business Headlines

©2016 Bloomberg News O3A7XP6TTDS0 (Bloomberg) — Oil traded below $33 a barrel as U.S. drillers cut the number of active rigs to the lowest level in more than six years amid a global glut. Futures slipped as much as 0.8 percent in New York after posting the biggest weekly gain

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Business Headlines

©2016 Bloomberg News O3A5ER6K50XT (Bloomberg) — Billionaire real estate developer Donald Trump came under fire Sunday for passing up a chance to condemn former Ku Klux Klan leader David Duke and other white supremacists, as well as for retweeting a quote from Italian fascist Benito Mussolini. “I know nothing about David Duke,”

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©2016 Bloomberg View O39NP56KLVR7 (Bloomberg View) — A powerful force driving Donald Trump and Bernie Sanders in the presidential race is the frustration of grass-roots voters that politicians in Washington haven’t kept their promises. QuickTakeHow the U.S. Elects Its Presidents Democrats, though still high on President Barack Obama, are upset

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