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Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2016 Bloomberg View O0WW3L6KLVRG (Bloomberg View) — Four decades after abandoning Manhattan for the suburban greenery of Fairfield, Connecticut, General Electric is headed back to the city. A different city — Boston. But definitely a city. The new HQ will be in what is variously called the Seaport District or the Innovation

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Business Headlines

©2016 Bloomberg News O0WVYRSYF01X (Bloomberg) — Twitter Inc. was accused in a lawsuit by the widow of a man killed at a police training center in Jordan of knowingly allowing the Islamic State to spread its terrorist message through its service. The lawsuit by Tamara Fields was filed Wednesday in

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Business Headlines

According to the ChristianPost, Kim Davis attended the State of the Union Address to, “encourage all Christians”. I like her hutzpah! I guess where is a will there is a superior way. Read the full story here: http://www.christianpost.com/news/kim-davis-state-of-the-union-encouragement-christians-sotu-154876/

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Business Headlines

©2016 Bloomberg News O0V6WU6K510F (Bloomberg) — President Obama will say Americans must “fix our politics” to secure the nation’s future, according to excerpts of his final State of the Union address, a speech aimed at influencing the campaign to succeed him and cement his policies in the Democratic platform. “A

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Business Headlines

©2016 Bloomberg News O0VDVT6JIJV4 (Bloomberg) — A gauge of returns on raw materials tumbled to the lowest since at least 1991, extending the agony that producers of energy, industrial metals and agricultural commodities faced in 2015. The Bloomberg Commodity Index, a measure of returns from 22 raw materials, fell as

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Business Headlines

©2016 Bloomberg News O0SNHU6KLVRD (Bloomberg) — The rich are increasingly outliving the poor, meaning policies aimed at delaying retirement could disproportionately hurt low socioeconomic status workers, new research shows. Using level of educational attainment as a proxy for socioeconomic status, Boston College’s Center for Retirement Research found a 2.5 percent and 1.2 percent improvement in

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Business Headlines

©2016 Bloomberg View O0SZPN6KLVRF (Bloomberg View) — Apple’s streaming music service now has more than 10 million subscribers, according to a report in the Financial Times. That sounds like a lot, but what it really indicates is that Apple may have lost its way. QuickTakeApple Apple Music debuted at the

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Business Headlines

©2016 Bloomberg News O0TFPZ6TTDS1 (Bloomberg) — Oil extended declines from the lowest close in more than 12 years before U.S. government data forecast to show crude supplies expanded, exacerbating a global glut. Futures fell as much as 1 percent in New York after slipping 5.3 percent Monday. Stockpiles probably rose

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Business Headlines

©2016 Bloomberg News O0NNAT6KLVRC (Bloomberg) — Piles of unwanted grain on farms near Doug Schmitz’s storage bins in southern Minnesota are a stark reminder of just how bearish the outlook is for U.S.crop prices. After record yields during the harvest a few months ago, growers in the area still have 80 percent

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Business Headlines

©2016 Bloomberg News O0P7HT6S9728 (Bloomberg) — U.S. House Speaker Paul Ryan and several Republican presidential hopefuls appeared at an anti-poverty forum in South Carolina on Saturday, hoping to counter the notion that only Democrats care about non-whites, single mothers, the unemployed, and the working poor. The Kemp Forum on Expanding Opportunity

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