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Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2015 Bloomberg News NQUKTO6JTSE8 (Bloomberg) — It’s good to do business with Elon Musk. That’s what SolarEdge Technologies Inc. is discovering, as demand from customers including Musk’s SolarCity Corp. helped the shares double since its March initial public offering. The company, based in Herziliya Pituach, Israel, is poised to get

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Business Headlines

©2015 Bloomberg News NQVW9HSYF01T (Bloomberg) — The bulk of the money from BP Plc’s record settlement will go to the five states along the Gulf of Mexico whose shores were blackened in the 2010 oil spill. From Florida to Texas, the deal will help rebuild communities and restore publicly owned

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Business Headlines

©2015 Bloomberg News NQUUGI6KLVR5 (Bloomberg Politics) — Two Republican presidential candidates with family ties to Cuba are vowing to block the appointment of a the first U.S. ambassador to the Communist island nation in more than 50 years. With their vows to place a parliamentary hold on any nominees for

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Business Headlines

©2015 Bloomberg News NQU7T66K50XU (Bloomberg) — For Treasuries investors, Thursday will be all about the Federal Reserve. It’s the day the Labor Department will probably say U.S. employers added more than 200,000 jobs for the 15th time in 16 months, backing the case for higher interest rates as early as

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Business Headlines

©2015 Bloomberg View NQU7PP6S972C (Bloomberg View) — President Barack Obama has plans to expand workers’ entitlement to overtime pay. The move may be good politics — putting Republicans in an awkward position and making nice with Democrats opposed to his free-trade agenda. But it isn’t going to do workers much

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Business Headlines

©2015 Bloomberg News NQU8R96TTDS9 (Bloomberg) — Asian investment bankers are watching the region’s busiest deal spree on record, with upwards of a half trillion dollars in acquisitions this year. They still aren’t popping the champagne corks. Cross-border deals accounted for 42 percent of the region’s deal volume through June, the

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Business Headlines

©2015 Bloomberg News NQRZ0I6TTDS6 (Bloomberg) — U.S. stocks halted a nine-quarter winning streak and European equities capped the worst three months since 2012 as Greece hurtled toward an uncertain financial future. Treasuries clinched the first quarterly retreat since 2013 with the Federal Reserve poised to raise interest rates this year.

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©2015 Bloomberg News NQRZE16K50Y1 (Bloomberg) — The Obama administration plans to raise the wages of millions of Americans who work more than 40 hours a week by requiring employers to pay them overtime. Workers who earn as much as $970 a week would have to be paid overtime even if

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Business Headlines

©2015 Bloomberg News NQRZHM6JTSEC (Bloomberg Politics) — Jeb Bush made $29 million in the first seven years after he left public office, dramatically increasing his wealth during a recession, a financial crisis and the Obama presidency he has criticized. Bush’s tax returns, released Tuesday, show how the former Florida governor

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Business Headlines

©2015 Bloomberg News NQQA2F6KLVR9 (Bloomberg Business) — Tristan Walker, a prominent black entrepreneur in Silicon Valley, logged onto Twitter after putting his kids to bed last night and found that the BET Awards were dominating his feed. The Black Entertainment Television program had also captured several slots on Twitter’s list of trending topics.

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