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Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2015 Bloomberg News NQQAKLSYF01T (Bloomberg) — Microsoft Corp. is getting out of Web display advertising, with AOL Inc. taking over the business and letting the software maker focus on mobile and cloud computing. AOL will use Microsoft’s Bing Internet search engine instead of Google Inc. as part of the 10-year

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Business Headlines

©2015 Bloomberg News NQPQI06S972H (Bloomberg) — U.K. ministers must extend incentives for low-carbon energy production to spur investments into the next decade, the government’s global-warming adviser said. Clear policies are required now to ensure Britain stays on course to meet self-imposed greenhouse-gas limits, the Committee on Climate Change said Tuesday

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Business Headlines

©2015 Bloomberg News NQOJKT6S9728 (Bloomberg) — Greece moved to avert the collapse of its financial system by shutting lenders and imposing capital controls as of Monday, a measure that will deepen the country’s recession and risk driving it toward an exit from the euro. The move to husband resources followed

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Business Headlines

©2015 Bloomberg News NQOJUB6K50XS (Bloomberg) — Treasuries surged along with government bonds in Australia and Japan, as Greece leader Alexis Tsipras’s decision to call a referendum on aid conditions scotched speculation the Mediterranean nation would reach a deal with creditors. Yields on benchmark 10-year U.S. notes headed for the biggest

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Business Headlines

©2015 Bloomberg News NQNWHQSYF01S (Bloomberg) — The French town where a terrorist decapitated a man and targeted a gas plant is now grappling with the aftermath: a climate of heightened suspicion and division among its 6,000 residents. Neighbors came in groups — walking and peering out car windows — to

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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

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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

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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

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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

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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

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