Bloomberg Business: Dupont Employees Pay Price for Monsanto’s Growth in Seed Sales
Copyright 2015 Bloomberg. NIYZ3R6K50YN (Bloomberg) — DuPont Co.’s Pioneer seed unit took it on the chin from Monsanto Co. this year, and now salaried employees are taking a hit in the wallet. DuPont is cutting 2014 bonuses and delaying 2015 salary increases until July 1, according to an internal memo
Bloomberg Business: Kinder Eyes Pipeline to Export Light Crude From U.S. West
Copyright 2015 Bloomberg. NIX1L96JIJUX (Adds year pipe may be operational in sixth paragraph.) (Bloomberg) — Kinder Morgan Inc., the world’s largest pipeline company by market value, is proposing a link that would give the ultra light oil from Texas fields a second path out of the country. The Houston-based company
Bloomberg Business: Islamic State Sets Sunset Deadline for Hostage Exchange
28 Jan 2015 19:47 Copyright 2015 Bloomberg. Donna Abu-Nasr and Isabel Reynolds (Bloomberg) — Islamic State set a new deadline for Jordan to release a convicted terrorist, saying it would kill a Jordanian pilot it holds “immediately” if the Iraqi woman isn’t handed over by sunset Thursday in Mosul, Iraq.
Bloomberg Business: Dollar Rises on Fed’s Interest-Rate Outlook; Kiwi Advances
28 Jan 2015 21:21 Copyright 2015 Bloomberg. Chikako Mogi and Kevin Buckland (Bloomberg) — The dollar rose for first time in three days against the yen after the Federal Reserve became the only developed nation central bank considering raising interest rates this year. The kiwi rallied after slumping the most
Bloomberg Business: Oil Drops in New York as Saudi Arabia Resists Balancing Market
Copyright 2015 Bloomberg. Ben Sharples (For more on oil’s decline, click EXT5 <GO>) (Bloomberg) — Oil declined as Saudi Arabia signaled the world’s biggest exporter won’t balance the market and forecasts for rising crude stockpiles in the U.S. boosted speculation that a global glut will persist. Futures fell as much
Bloomberg Business: Hillary Clinton Willing to Testify, Again, on Benghazi
Copyright 2015 Bloomberg. NIV6NR6KLVR5 (Bloomberg Politics) — Here we go again? Former Secretary of State Hillary Clinton is prepared to testify again before Congress on the events surrounding the 2012 terrorist attack in Benghazi, Libya, that killed four Americans, including Ambassador Christopher Stephens, according to Representative Elijah Cummings, the ranking
Bloomberg Business: Get Ready for the Return of Risky-Mortgage Bonds: Credit Markets
Copyright 2015 Bloomberg. NIV5RI6VDKHT (For more credit-market news, click TOP CM. To be sent this column, click SALT CMW.) (Bloomberg) — The business of bundling riskier U.S. mortgages into bonds without government backing is gearing up for a comeback. Just don’t call it subprime. Hedge fund Seer Capital Management, money
Bloomberg Business: Microsoft’s Business License Sales Hit by China, Japan Slump
Copyright 2015 Bloomberg. NIT9HR6VDKHS (Bloomberg) — Satya Nadella, a year into his turnaround of Microsoft Corp., is being tripped up in overseas markets as a slump in China and Japan and a stronger U.S. dollar curbed sales of business-software licenses. Commercial-licensing revenue fell to $10.7 billion in the period that
Bloomberg Business: Japanese Hostage Shown Killed in Purported Islamic State Video
Copyright 2015 Bloomberg. NIOVX36JIJUQ (Updates with Japanese government official in third paragraph.) (Bloomberg) — A Japanese hostage was shown killed in a purported Islamic State video after a deadline passed for Japan to pay a $200 million ransom, according to the Japanese government and a terrorist-monitoring group. Haruna Yukawa, a
Bloomberg Business: Smartphones the Weak Spot in Hacker Fight, Deutsche Telekom Says
Copyright 2015 Bloomberg. NISVEH6KLVR7 (Bloomberg) — Smartphones and tablet devices are the new weak spot in the battle against cyber-criminals, according to the head of computer security at Europe’s biggest phone company. Businesses and governments have already been struggling with a record number of so-called distributed denial of service attacks,