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Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2015 Bloomberg News NRKRD86TTDS9 (Bloomberg) — Stocks rose around the world on speculation central banks will do what’s needed, including weakening their currencies, to bolster their economies. The Stoxx Europe 600 Index advanced for a seventh day, climbing 1.3 percent at 10:47 a.m. in London. Carmakers gained amid the fastest

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Business Headlines

©2015 Bloomberg News NRIG9E6TTDS0 (Bloomberg) — Mills in the world’s biggest steelmaker are churning out less even as economy shows signs of stabilizing. Crude-steel production in China shrank 1.3 percent to 410 million metric tons in the first half compared with the same period of 2014, according to the National

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Business Headlines

©2015 Bloomberg View NR9W436S9728 (Bloomberg View) — News item: Jeb Bush’s super PAC has raised… Yes, it’s a lot of money, but, sorry, I can’t get into it. The amount of money Jeb! will raise for his presidential campaign is More Than Enough. The details of exactly how much (more

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Business Headlines

©2015 Bloomberg News NRHYK96JIJUW (Bloomberg) — The National Retail Federation predicted a drop in the average family’s back-to-school spending, bringing a downbeat forecast to an industry hoping for a resurgence in the second half. Families will spend about 5.8 percent less on back-to- school shopping this year than in 2014,

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Business Headlines

©2015 Bloomberg News NRFDC86S972D (Bloomberg Business) — Coal is having a hard time lately. U.S. power plants are switching to natural gas, environmental restrictions are kicking in, and the industry is being derided as the world’s No. 1 climate criminal. Prices have crashed, sure, but for a real sense of coal’s diminishing prospects,

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Business Headlines

©2015 Bloomberg News NRG1CU6JTSE8 (Bloomberg Politics) — Democratic presidential candidate Hillary Clinton suggested Monday that she may endorse lower capital gains taxes on long-held assets as a way to discourage a quick-profits mentality in the U.S. economy. That could mean a sliding scale of tax rates on investments, offering a

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Business Headlines

©2015 Bloomberg News NRGFHF6KLVR6 (Bloomberg) — Lu Tao can’t sleep. He gets bouts of panic at night. And he’s too afraid to tell his parents why. The 23-year-old university student in Hangzhou, a city on China’s eastern seaboard, has a stock-market problem. He borrowed 200,000 yuan ($32,215) from mom and

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Business Headlines

©2015 Bloomberg News NRBTK36S9728 (Bloomberg Politics) — Last year, a bipartisan commission established by President Obama declared that the U.S. faces an “impending crisis in voting technology.” After the 2000 Florida recount showed the world that the American presidency could be determined by hanging chads, Congress set aside $3.3 billion,

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Business Headlines

Scott Walker The Wisconsin governor is building his campaign around what many conservatives see as his signature accomplishment: taking on unions. In his 2014 memoir, Unintimidated: A Governor’s Story and A Nation’s Challenge, Walker recounts his successful battle to strip organized labor of collective bargaining rights. It was this victory that catapulted

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Business Headlines

Copyright 2015 Bloomberg. NKJ8056KLVR5 (Bloomberg Politics) — Judging from the plethora of titles now crowding bookstore shelves, it would appear that publishing a memoir has become something of a requirement for politicians hoping to become president.  The urge to make the leap from politician to author makes sense on a number of levels.  Releasing

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