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Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2015 Bloomberg View NUU7UG6KLVR7 (Bloomberg View) — Democrats and Republicans still agree on the need for the U.S. to engage with the world, according to a new survey; they just increasingly disagree about how to do it. But U.S. history suggests that sharp partisan divisions in foreign policy aren’t as

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Business Headlines

©2015 Bloomberg News NUUPGX6KLVR9 (Bloomberg) — The biggest collapse in commodity prices in a generation is giving some investors the best returns of any asset class. Over the past 12 months, eight of the 10 best-performing U.S. exchange-traded funds were securities that benefited from declines in raw-material prices, with five

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Business Headlines

©2015 Bloomberg News NUSDN86JIJUY (Bloomberg) — Hewlett-Packard Co.’s decision to cut payroll by as many as 33,300 more jobs is the latest reminder of the decline of a pillar of the U.S. computer industry and underscores Chief Executive Officer Meg Whitman’s urgent efforts to gird the company against nimbler rivals. It

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Business Headlines

©2015 Bloomberg News NUSGTE6KLVRJ (Bloomberg) — Emerging-market assets jumped, with the benchmark equities index rising to the highest level this month, and currencies climbed further from the record lows they slumped to last week as investors awaited the Federal Reserve’s decision on U.S. interest rates. The MSCI Emerging Markets Index added

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©2015 Bloomberg News NUSHDQ6KLVRB (Bloomberg) — Inflation — what a downer. The dollar and euro weakened against most of their major peers on sluggish data from both the U.S. and euro zone. Prices paid by American households declined 0.1 percent in August, the first decrease since January, while in the

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Business Headlines

©2015 Bloomberg News NUQBV56JIJUO (Bloomberg) — Efforts to kill the Iran nuclear deal are fading in Washington, but in Tehran they’re just heating up. Throwing his weight behind the push is Hossein Shariatmadari, who has run the loyalist Kayhan newspaper since Supreme Leader Ali Khamenei appointed him editor-in-chief more than

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Business Headlines

©2015 Bloomberg News Fox Hu (Bloomberg) — It looked like the perfect target for copycat investors in China: a state-run agency armed with more than $400 billion to prop up share prices. When the filings came in — showing China Securities Finance Corp. had taken major stakes in companies as

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Business Headlines

©2015 Bloomberg News NUQRSFSYF01T (Bloomberg) — A summit between OPEC and non-OPEC oil producers that Venezuela is proposing should focus on supporting prices rather than limiting volume, the country’s oil minister said Tuesday. Venezuela seeks a fair price for oil that will support economic growth and energy demand, Oil Minister Eulogio Del

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Business Headlines

©2015 Bloomberg View NUO40H6JTSEJ (Bloomberg View) — From the “Here We Go Again” files: Yet another big pension fund has decided, despite the overwhelming evidence to the contrary, to engage in higher-risk, higher-cost investing. One day, this might end well, but history is replete with an almost-unbroken string of examples

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Business Headlines

©2015 Bloomberg View NUOMV56S972I (Bloomberg View) — On the campaign trail this year, Carly Fiorina has been a staunch advocate of keeping crippling sanctions on Iran, but under her leadership, Hewlett-Packard sold hundreds of millions of dollars’ worth of products to Iran through a foreign subsidiary, despite strict U.S. export

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