Bloomberg Business: Sony to Profit Like It’s 1998 With $4.2 Billion Forecast
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
Bloomberg Business: Fake Hillary Clinton and the New Social Media Rules of Truth
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. &
Bloomberg Business: U.S. Oil Workers Threaten to Bring Strike to California Port
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
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
