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Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2016 Bloomberg News O3QLDB6JIJUY (Bloomberg) — A former JPMorgan Chase & Co. broker who said he stole millions of dollars from customers because his brain was “hijacked” by an addiction to sports gambling was sentenced to five years in prison. Michael Oppenheim, who at one point had about 500 clients

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Business Headlines

©2016 Bloomberg News O3QM5F6K50Y8 (Bloomberg) — U.S. stocks retreated from nine-week highs after worsening economic data from Asia reignited concern over the outlook for global growth. The Standard & Poor’s 500 Index was on track to halt its longest winning streak in five months as commodity shares and banks, pillars

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Business Headlines

©2016 Bloomberg View O3MKCM6JTSE8 (Bloomberg View) — Hillary Clinton could be in for some political peril. Sure, by winning 11 of the 17 contests since her New Hampshire drubbing, and running away with the delegate count, she’s not far from sewing up the Democratic presidential nomination. It’s the Republicans, not

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Business Headlines

©2016 Bloomberg View O3P2926S972K (Bloomberg View) — It’s been a huge week in the presidential campaign. We’ve gone from Donald Trump having an unstoppable path to the Republican nomination to the possibility that he could be beaten. That’s the good news for the majority of Americans who believe that an authoritarian,

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Business Headlines

©2016 Bloomberg News O3OZY46K50YU (Bloomberg) — Charlie Fairbank, the great grandson of one of the world’s first oilmen, has turned to a century-old technology to keep his 350 Ontario oil wells competitive in a world of $35 crude. Using a single engine and wooden jerkers — rods that connect to

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Business Headlines

©2016 Bloomberg News O3N6SG6JIJUR (Bloomberg) — Nancy Reagan, the former actress and first lady who nurtured the political career of husband Ronald Reagan, and was remembered for her unstinting devotion to the president as well as efforts to battle drug abuse and Alzheimer’s disease, has died. She was 94. She

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Business Headlines

©2016 Bloomberg News O3JMV46KLVRI (Bloomberg) — There are almost 2,150 seats on the boards of the world’s biggest utilities. And less than a fifth are filled by women, Ernst & Young LLP said in a report today. Of those female board members around the globe, 25 are also executives, according

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Business Headlines

@2016 Bloomberg View O3N1486KLVR6 (Bloomberg View) — Around the time that polls were closing on Super Tuesday in the U.S., Communist Party news outlets in China began syndicating a 15-image slideshow: “The Erratic Trump is Actually a Winner in Life.” It opens with an image of Donald Trump’s extended family,

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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

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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

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