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Business Headlines

Curated news from Bloomberg Business

Business Headlines

Copyright 2015 Bloomberg. NKM3S56K50Z0 (Bloomberg) — President Barack Obama’s national security adviser said the U.S. won’t waver in assuring Israel’s security and that negotiations under way with Iran are the best way to make sure the Islamic Republic doesn’t get a nuclear weapon. Susan Rice, speaking to a pro-Israel group in

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Business Headlines

Copyright 2015 Bloomberg. NKM31I6JIJVH (Bloomberg) — Apple Inc. and Google Inc. won preliminary court approval of a $415 million antitrust settlement that would end a four-year battle over claims that they and other companies conspired to avoid hiring from each other. The ruling brings to a quiet end a case

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Business Headlines

Copyright 2015 Bloomberg. NKLW2R6TTDSS (Bloomberg) — Get ready for an L-shaped oil recovery. A growing consensus is emerging from the likes of BP Plc, the International Energy Agency, shale wildcatters and even the Saudis that a near-term recovery to $100-a-barrel crude isn’t in the cards. Instead, expect a range of

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Business Headlines

Copyright 2015 Bloomberg. NKI50T6TTDSK (Bloomberg) — Berkshire Hathaway Inc. said fourth-quarter profit slipped 17 percent as investment gains narrowed and underwriting results deteriorated at insurance units. Net income fell to $4.16 billion, or $2,529 per share, from $4.99 billion, or $3,035, a year earlier, Omaha, Nebraska-based Berkshire said Saturday in

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Business Headlines

Copyright 2015 Bloomberg. NKJ8056KLVR5 (Bloomberg Politics) — Judging from the plethora of titles now crowding bookstore shelves, it would appear that publishing a memoir has become something of a requirement for politicians hoping to become president.  The urge to make the leap from politician to author makes sense on a number of levels.  Releasing

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Business Headlines

Copyright 2015 Bloomberg. NKHMYN6JIJUO (Bloomberg) — Drivers for a service that shuttles technology workers from San Francisco to Silicon Valley voted to join the Teamsters union, seeking to boost wages in a region that is becoming increasingly costly. Employees of Compass Transportation voted 104 to 38 in favor of representation by

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Business Headlines

Copyright 2015 Bloomberg. NKEO5Y6K50Z1 (Bloomberg) — The dollar climbed against Asian emerging- market currencies and maintained gains versus major peers, while Australian bonds fell. Japanese shares drove the regional index toward its biggest monthly gain since 2013. The greenback rose at least 0.2 percent by 10 a.m. in Tokyo against

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Business Headlines

Copyright 2015 Bloomberg. NKEN0Q6K5122 (Bloomberg) — President Barack Obama criticized the Keystone XL pipeline as a boon to Canadian oil producers that gives short-shrift to American workers, saying the U.S. should focus on backing domestic energy projects. In his first comments on the pipeline since vetoing a bill meant to force

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Business Headlines

Copyright 2015 Bloomberg. NKEMCA6KLVR5 (Bloomberg Politics) — Sarah Palin rallied conservative Republicans on Thursday with a charged critique of President Barack Obama’s approach to fighting Islamic radicalism, suggesting he is betraying U.S. Christians and ignoring the lessons of the Nazis. “Did we actually win in Iraq and Afghanistan before we waved

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Business Headlines

Copyright 2015 Bloomberg. NKCQDB6K50Y3 (Bloomberg) — President Barack Obama said neither a judge’s ruling nor a standoff with Congress that threatens to shut down the Homeland Security Department would derail his plan to ease deportations of undocumented immigrants. “Part of the message that I’m sending is if you qualified for the

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