Posts In Category

Business Headlines

Curated news from Bloomberg Business

Business Headlines

Copyright 2015 Bloomberg. NJZR906K50Y1 (Bloomberg) — President Barack Obama said the U.S. and its allies must strip away any legitimacy that Islamic State and al- Qaeda claim by portraying themselves as religious movements. Obama, who has come under criticism from Republicans who say he avoids acknowledging the Muslim roots of extremist

Read More
Business Headlines

Copyright 2015 Bloomberg. NJZSEB6KLVRN (Bloomberg) — Sony Corp. forecast its highest earnings in 20 years as Chief Executive Officer Kazuo Hirai uses games, image sensors and entertainment to revive the electronics maker. The shares rose. Operating profit will reach 500 billion yen ($4.2 billion) in the year ending March 2018, the

Read More
Business Headlines

Copyright 2015 Bloomberg. NJZXZJ6KLVRD (Bloomberg Politics) — At 11:45 a.m. on Valentine’s Day, Saturday, Senator Rand Paul tweeted: https://twitter.com/SenRandPaul/status/advertised, the link took people to a Pinterest page purporting to belong to Hillary Clinton. Instead, it had been put together by Paul’s camp. There was a “Power Couple” board, with shots of the Clintonian Mr. &

Read More
Business Headlines

Copyright 2015 Bloomberg. NJY0AL6K50XT (Bloomberg) — The Port of Long Beach, which has been dealing with cargo delays since last year amid labor negotiations between terminal operators and longshoremen, may soon have another problem on its hands. United Steelworkers members who help run oil terminals at the port that supply

Read More
Business Headlines

Copyright 2015 Bloomberg. Ben Sharples (Bloomberg) — Oil fell for the first time in four days before U.S. government data forecast to show crude inventories increased further last week from a record level. Futures dropped as much as 0.9 percent in New York. Stockpiles probably gained by 3 million barrels

Read More
Business Headlines

Copyright 2015 Bloomberg. NJY4H56K50XY (Updates with Rodriguez apology in second paragraph.) (Bloomberg) — Anthony Bosch, who ran an anti-aging clinic that Major League Baseball said supplied performance-enhancing drugs to New York Yankees third baseman Alex Rodriguez, was sentenced to four years in prison. Bosch was sentenced Tuesday, the same day

Read More
Business Headlines

Copyright 2015 Bloomberg. NJQKK36TTDS7 (Bloomberg) — The so-called Sunshine State hasn’t been a great place for homeowners to install solar panels. Florida ranks near the top for the amount of solar potential, yet comes in 15th for home solar systems. Texas, which rivals California for most sun resources, comes in 11th

Read More
Business Headlines

Copyright 2015 Bloomberg. NJVV4M6KLVRC (Bloomberg) — The Obama administration will use a summit on countering violent extremism this week to outline steps for fighting groups beyond Islamic State while showing off current efforts in three U.S. cities, two officials said. The three-day meeting starting Tuesday in Washington will include officials from

Read More
Business Headlines

Copyright 2015 Bloomberg. Dina Khrennikova and Andrey Lemeshko (Bloomberg) — U.S. and European suppliers to the oil industry are still able to seek work in Russia’s Arctic despite sanctions designed to limit their involvement because the rules don’t apply to foreign subsidiaries. Schlumberger Ltd., based in Houston and the world’s largest

Read More
Business Headlines

Copyright 2015 Bloomberg. NJTO7H6K50XV (Bloomberg) — It’s a city where mothers are used to leaving their babies in prams outside cafes and cyclists can bike through parliament square without encountering a single security guard. Now, Copenhagen is full of heavily armed police officers and the constant sound of sirens as

Read More