Bloomberg Business: Oil Halts Rising Streak as U.S. Stockpiles Seen Worsening Glut
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
Bloomberg Business: Biogenesis Founder Gets Four Years in A-Rod-Linked Drug Case
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
Bloomberg Business: Cloudy Prospects for Rooftop Solar’s Growth in Florida: Energy
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
Bloomberg Business: White House Summit on Extremism Said to Leverage Local Successes
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
Bloomberg Business: Sanctions Don’t Bar Oil-Service Giants Bidding in Russian Arctic
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
Bloomberg Business: Copenhagen Wakes Up to New World Order as Police Roam Streets
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
Bloomberg Business: Putin Lets Russian Consumers Feel the Pain as Economy Succumbs
Copyright 2015 Bloomberg. NJTUTD6S9728 (Bloomberg) — Russian households are bearing the brunt of the blowback from the crisis in Ukraine and a tailspin in oil prices, setting the stage for the biggest drop in consumption in more than two decades that will deepen the country’s recession. Crushed by a 45
Bloomberg Business: Can Rick Perry Jump Start His White House Hopes in Iowa?
Copyright 2015 Bloomberg. NJU8K16KLVR4 (Bloomberg Politics) — For former Texas Governor Rick Perry, hope springs eternal. Perry will return to Iowa on Monday, a state he hopes will help resurrect his prospects for becoming the Republican presidential nominee. Recent Iowa polls show Perry trailing his GOP rivals by double digits,
Bloomberg Business: U.S. Yield Increase in February Hurts Bondholders to Homebuyers
U.S. Yield Increase in February Hurts Bondholders to Homebuyers Copyright 2015 Bloomberg. NJOQWL6K50YT (Bloomberg) — From bondholders to home buyers, this month’s jump in Treasury yields is starting to bite. U.S. government debt has fallen 1.9 percent in February, headed for the biggest monthly loss since May 2013, based on Bloomberg
Bloomberg Business: The Curious Saga of Oregon Governor John Kitzhaber and Cylvia Hayes
Copyright 2015 Bloomberg. NJOQS56JTSEB (Bloomberg Politics) — With every passing day, Oregon’s political soap opera seems to grow more bizarre. Governor John Kitzhaber continues to resist calls from members of his own party, as well as from the state’s leading newspaper, to resign over corruption allegations involving the governor’s fiancée, Cylvia