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Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2015 Bloomberg News NOMOZW6KLVR6 (Bloomberg) — The dollar touched a two-week high versus major peers ahead of minutes from last month’s Federal Reserve meeting, after American housing data reinforced speculation monetary policy will diverge between the U.S. and Europe. The greenback held a two-day gain against the euro after European

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Business Headlines

©2015 Bloomberg News NOKOVBSYF01U (Bloomberg) — Apple Inc. suspended plans to make a TV set more than a year ago, the Wall Street Journal reported, citing people familiar with the matter. Instead, the company is working on a new Apple TV set-top box and related online services, the newspaper reported.

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Business Headlines

©2015 Bloomberg News NOKM5S6KLVR7 (Bloomberg) — Chinese hedge funds are helping drive a commodity derivatives trading boom in the world’s biggest energy, grains and metals consumer that’s defying the worst economic growth in 25 years. Trading volumes across on the Shanghai Futures Exchange, China’s biggest commodities bourse, surged 31 percent

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Business Headlines

©2015 Bloomberg News NOKORU6KLVR8 (Bloomberg) — Oil halted a four-day decline to trade near $60 a barrel before U.S. government data forecast to show crude stockpiles slid for a third week. Futures were little changed in New York after dropping 2.2 percent in the past four trading sessions. Inventories probably

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Business Headlines

©2015 Bloomberg News NOIX9S6JTSE9 (Bloomberg) — Overcoming foreign investor misconceptions that Malaysia harbors Islamic extremists and lacks infrastructure is Zainal Amanshah’s biggest challenge. The chief executive of InvestKL, a state agency created to lure foreign investment, laments the lack of knowledge about the country. When he meets global site selection

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Business Headlines

©2015 Bloomberg News NOIRNN6K50YI (Bloomberg) — If you sold every share of every company in the U.S. and used the money to buy up all the factories, machines and inventory, you’d have some cash left over. That, in a nutshell, is the math behind a bear case on equities that

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Business Headlines

©2015 Bloomberg News NOJ03S6JTSEB (Bloomberg) — Maybe, just maybe, this whole bond rout is ending. The global selloff that’s set investors on edge finally slowed last week, and some analysts are saying the worst is over. Treasuries look fairly valued given the outlook for inflation and interest rates, according to

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Business Headlines

©2015 Bloomberg News NOCWTK6KLVRB (Bloomberg) — Wheat futures posted the biggest gain in almost four years on speculation that hedge funds bailed out of record bearish bets amid concern that adverse weather will damage crops in the U.S., the world’s top exporter. Severe thunderstorms were forecast for the Great Plains

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Business Headlines

©2015 Bloomberg News NOCYAK6KLVR7 (Bloomberg) — The Standard & Poor’s 500 Index closed at an all-time high, halting a three-session slide, as Microsoft Corp. and Apple Inc. led a rally in technology shares and the weaker dollar spurred gains in multi-national companies. Microsoft and Apple added at least 2.3 percent,

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Business Headlines

©2015 Bloomberg News NOBFYR6JIJV0 (Bloomberg) — The National Football League’s $765 million settlement of concussion lawsuits is headed for an appeal, a move that could delay players’ access to benefits. Philadelphia U.S. District Judge Anita Brody’s approval of the accord capped almost two years of negotiations between attorneys for the

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