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Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2015 Bloomberg News NVEDKI6KLWMH (Adds details starting in first paragraph.) (Bloomberg) — Donald Trump has portrayed himself as a different kind of Republican presidential candidate. His tax plan is mostly more of the same. The billionaire front-runner for his party’s presidential nomination has been promising to make “hedge fund guys” pay more

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Business Headlines

©2015 Bloomberg News NVGL436JTSEM (Bloomberg) — Switzerland, Singapore, and the U.S. are once again taking the top spots in the latest edition of the World Economic Forum’s Global Competitiveness Report, which combines 113 indicators that the WEF believes matter most for countries’ productivity. Here’s a look at this year’s top 10: * Switzerland

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Business Headlines

©2015 Bloomberg News NVGMJZ6KLVRM (Bloomberg) — While Republican presidential candidates debate the best way to repeal and replace Obamacare, Democrats have a different issue to work out: what to do about the law’s excise tax on high-cost employer-based health care plans. On Tuesday, Hillary Clinton called on Congress to repeal

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Business Headlines

©2015 Bloomberg News NVEPIK6JIJUX (Bloomberg) — Microsoft Corp. is changing how it reports revenue and operating income, ahead of its quarterly results next month, reducing the number of financial segments to three major units from seven. Microsoft will group sales into Productivity and Business Processes, Intelligent Cloud and More Personal

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Business Headlines

©2015 Bloomberg View NVEM7W6KLVRD (Bloomberg View) — Remember health care co-ops? No, of course you don’t, because unlike some people I could name, you did not spend most of 2009 and 2010 reading white papers, scouring newspapers and attending panels to keep up with the exciting minute-to-minute details of Obamacare’s

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Business Headlines

©2015 Bloomberg News NVEX7U6KLVRV (Bloomberg) — U.S. House Majority Leader Kevin McCarthy said he’s running to replace Speaker John Boehner, a position the five-term California congressman appears prepared to easily win. “We can’t ignore the differences that exist, but we can and must heal the divisions in our conference with

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Business Headlines

©2015 Bloomberg News NVDVW36JTSEO (Bloomberg) — Millennials are dominating the Des Moines housing market. That’s an odd piece of information that seems a little less odd—and a little more important—the longer you ponder it. Roughly 60 percent of borrowers who used a mortgage to buy a home in Iowa’s capital

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Business Headlines

©2015 Bloomberg News NVDVOE6JIJUO (Bloomberg) — Alcoa Inc., the biggest U.S. aluminum maker, will split itself into two public companies. The first, which will keep the Alcoa name, will concentrate on mining and metal production. The second will focus on high- technology products. The transaction will be completed in the

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Business Headlines

©2015 Bloomberg News NVDWG76S972K (Bloomberg) — Oil halted its advance near $45 a barrel as lower Chinese industrial profits signaled demand may be weakening in the world’s second-biggest consumer. West Texas Intermediate futures fell as much as 2.1 percent after climbing 2.3 percent last week. China’s industrial-company profits dropped 8.8

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Business HeadlinesYour Money

©2015 Bloomberg View NV6W2G6S972D (Bloomberg View) — Over the years, I have been critical of the way 401(k)s are created, administered and managed. They can be expensive and filled with underperforming actively managed funds, some of which charge way too much. Some retirement plans offer too little diversification, especially in

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