Posts In Category

Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2015 Bloomberg News NQH4F46S9729 (Bloomberg Politics) — Louisiana Governor Bobby Jindal swept into office in early 2008 on a message of fiscal conservatism and economic prosperity, and he delivered. During his first term, Jindal oversaw an increase in Louisiana’s credit rating from Standard and Poor’s, and the state’s unemployment rate stayed

Read More
Business Headlines

©2015 Bloomberg News NQIMUY6TTDS8 (Bloomberg) — Illinois Governor Bruce Rauner vetoed $4 billion from next year’s budget, calling the Democratic legislature’s spending plan “unbalanced and therefore unconstitutional.” The Republican governor’s action Thursday raises the stakes in a budget stalemate less than a week before the July 1 start of the

Read More
Business Headlines

©2015 Bloomberg News NQIMJO6JIJUX (Bloomberg) — Even as NATO defense ministers took steps this week to counter what they describe as a new Russian military threat, they were dogged by a security headache they’ve been unable to shake. Almost a dozen years after its involvement in Afghanistan began, the North

Read More
Business Headlines

©2015 Bloomberg News NQINLZ6JIJUX (Bloomberg) — U.S. stocks fell, with the Standard & Poor’s 500 Index below its average price for the past 50 days, as a drop in energy shares overshadowed a rally in health-care while investors watched for a breakthrough in Greek debt talks. The S&P 500 Index

Read More
Business Headlines

©2015 Bloomberg News NQH7756S972F (Bloomberg) — Greece stumbled closer to default as another day of negotiations ended in the early hours without a deal to end the standoff over bailout aid. With the Greek government saying it held firm in the flurry of meetings in Brussels on Wednesday, European Union

Read More
Business Headlines

©2015 Bloomberg News NQH7YM6JTSEB (Bloomberg Business) — Figuring out where an economy’s going to go can be tricky. You could look at GDP growth trends, home sales, company earnings forecasts — and still have only a vague idea. But there’s another gauge that is perhaps a more accurate indicator: beer

Read More
Business Headlines

©2015 Bloomberg News NQEDVF6KLVRB (Bloomberg Politics) — Republican presidential candidate Mike Huckabee on Tuesday said he supports South Carolina Governor Nikki Haley’s call to remove the Confederate flag from the state capitol grounds. His comments come after he said Sunday the flag debate, which erupted after the shooting of nine

Read More
Business Headlines

©2015 Bloomberg News NQF3FK6S972C (Bloomberg Business) — Sidewalk Labs, the Google-backed urban innovation startup unveiled this month, has picked its first project—bringing free, fast Wi-Fi to cities around the world. Today it announced it is leading a group of investors acquiring Control Group and Titan, among the companies working on the LinkNYC network to blanket

Read More
Business Headlines

©2015 Bloomberg News NQF1HI6JTSE9 (Bloomberg Business) — Many people in the music industry have been waiting with baited breath to hear something about YouTube’s plans for a paid music subscription service, and when news circulated that the company was planning an announcement for Tuesday it seemed like they’d get it. Nope. Instead, Google announced that it would

Read More
Business Headlines

©2015 Bloomberg News NQF3D86VDKHT (For Energy column alerts: SALT NRGI ) (Bloomberg) — The fuel that will grill millions of hot dogs across the U.S. on the Fourth of July is giving energy producers heartburn. Propane inventories have soared to the highest seasonal level in more than 30 years, sending

Read More