Posts In Category

Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2015 Bloomberg News NW8EHQ6KLVS3 (Bloomberg) — The University of Wisconsin-Madison’s licensing arm is seeking $400 million from Apple Inc. for infringing the school’s patent on microprocessor technology. The Wisconsin Alumni Research Foundation is owed that much, its lawyer told the jury after it found Apple had infringed the patent, according

Read More
Business Headlines

©2015 Bloomberg News NW6GE06KLVRF (Bloomberg) — The burden of the retirement savings shortfall in the U.S. will weigh heavily on women, according to Sallie Krawcheck, a former executive at Bank of America Corp. and Citigroup Inc. “It is, in particular, a women’s crisis,” she said Tuesday at the American Council of

Read More
Business Headlines

©2015 Bloomberg News NW6ODW6KLVS4 (Bloomberg) — The dollar strengthened for a second day as a decline in oil prices and concerns about an economic slowdown in China spurred demand for safer assets. The greenback gained against most of its 16 major peers on Tuesday after data showed Chinese imports declined

Read More
Business Headlines

©2015 Bloomberg News NW6RT86KLVRN (Bloomberg) — The first Democratic presidential debate on Tuesday erupted into an argument over the nature of capitalism, with Senator Bernie Sanders doubling down on his critique of its excesses and front-runner Hillary Clinton declaring that it was time to “save capitalism from itself.” Sanders said the 2016

Read More
Business Headlines

©2015 Bloomberg News NW4Q0Q6JTSES (Bloomberg) — The dollar traded at a three-week low even after Federal Reserve officials continued to back the case for higher interest rates this year, spurring gains in emerging- market assets. U.S. stocks held at their highest level in seven weeks in light holiday trading. The greenback

Read More
Business Headlines

©2015 Bloomberg News NW4NS26S972H (Bloomberg) — Jeb Bush, like other Republican presidential candidates, is vowing to repeal Obamacare, while making healthcare more innovative and affordable. Bush’s health care plan, outlined Monday in a two-page document, is light on details of how he’d change a system that accounts for about 18

Read More
Business Headlines

©2015 Bloomberg View NW4JMU6JTSED (Bloomberg View) — There’s a question that won’t be asked in Tuesday night’s Democratic presidential “debate” — it’s never asked — but we’d all be better served should the moderator offer it up. If and when the stage gets small enough, the same challenge could be

Read More
Business HeadlinesYour Money

©2015 Bloomberg News NV4PIR6KLVRQ (Bloomberg) — Gaeton Della Penna met many of his clients through his church. The Sarasota, Florida, financial adviser took their $3.8 million and promised safe investments with returns of at least 5 percent a year. Instead, in May 2014, the U.S. Securities and Exchange Commission charged him with using some of the money on

Read More
Business Headlines

©2015 Bloomberg News NW2VS56KLVR5 (Bloomberg) — Oil extended gains near $50 a barrel amid speculation an increase in demand will ease a global glut. Futures rose as much as 0.5 percent in New York after advancing 9 percent last week. Demand will grow and non-OPEC supply is due to contract,

Read More
Business Headlines

©2015 Bloomberg News NW33BX6JTSEB (Bloomberg) — Asian stocks rose after posting their steepest weekly advance since December 2011, with technology and industrial shares leading gains. The MSCI Asia Pacific Excluding Japan Index climbed 0.2 percent to 425.16 as of 9:32 a.m. in Hong Kong, with Tokyo markets closed for a

Read More