Bloomberg Business: Michelle Obama Says School Lunch Changes Will Be ‘Embraced by Kids’
Copyright 2015 Bloomberg. NJJ6306KLVS1 (Bloomberg Politics) — Change has come to the America’s school cafeterias, and the woman who helped deliver it says that students will learn to like it. First Lady Michelle Obama says that the new school lunch standards that mandate servings of fruit and vegetables and limit the
Bloomberg Business: Last Vestige of Motorola For Sale as Growth Seen Flat
Copyright 2015 Bloomberg. NJJ93V6VDKHT (Bloomberg) — The last vestige of the Motorola empire is on the block after struggling with stagnant earnings. Motorola Solutions Inc., the $15.6 billion maker of two-way radios and other communications equipment, is exploring a possible sale, according to people familiar with the matter. Buyers could include
Bloomberg Business: Oil Extends Advance as U.S. Drillers Cut Rigs Amid Global Glut
Copyright 2015 Bloomberg. Ben Sharples (Bloomberg) — Oil extended gains after capping the biggest weekly advance in almost four years amid signs drilling is slowing in the U.S., the world’s biggest consumer. Futures climbed as much as 3.3 percent in New York after a second weekly increase through Feb. 6.
Bloomberg Business: Urgent Action Needed to Combat Antisemitism in U.K., Report Says
Copyright 2015 Bloomberg. NJDB1Z6K50XU (Bloomberg) — The U.K. must take urgent action to address a “disturbing rise” in antsemitism recorded last year, including providing public funds for security at synagogues, according to a parliamentary report published Monday. Hate crimes against British Jews have doubled in 10 years and escalated during
Bloomberg Business: Behind RadioShack’s Collapse Is a Tiny Lender That Found Trouble
Copyright 2015 Bloomberg. NJHC6E6VDKHS (Bloomberg) — To most outside observers, the collapse of RadioShack Corp. was set in motion years, if not decades, ago. Yet lost in that tale of inevitable decline is the story of how a little-known, distressed lender from Needham Heights, Massachusetts, helped sink the 94-year-old retailer
Bloomberg Business: Oil Extends Advance as U.S. Drillers Cut Rigs Amid Global Glut
Copyright 2015 Bloomberg. NJH9PA6JTSEP (Bloomberg) — Oil extended gains after capping the biggest weekly advance in almost four years amid signs drilling is slowing in the U.S., the world’s biggest consumer. Futures climbed as much as 3.3 percent in New York after a second weekly increase through Feb. 6. Drillers
Bloomberg Business: Twitter CEO Costolo Allays Concerns With User Growth Forecast
Copyright 2015 Bloomberg. NJBS2V6KLVRW (Bloomberg) — Dick Costolo may get a temporary reprieve from Wall Street criticism after Twitter Inc. posted quarterly revenue that topped estimates and forecast that its number of new users will pick up. Twitter on Thursday said its fourth-quarter revenue increased 97 percent to $479.1 million, with
Bloomberg Business: Rio’s $20 Billion Iron Ore Project to Restart as Ebola Retreats
Copyright 2015 Bloomberg. NJBRTP6JTSEE (Bloomberg) — Rio Tinto Group is preparing to restart work on developing the world’s largest untapped iron-ore resource after West Africa’s Ebola crisis curbed progress on the $20 billion project. “There are people considering returning to site, they are not quite there yet,” Alan Davies, the chief
Bloomberg Business: Activision Slumps as Profit Outlook Misses Forecasts
Copyright 2015 Bloomberg. NJBS5F6KLVR8 (Corrects first and second paragraphs to remove reference to Vivendi sale plans. Lowers reference to registration statement and corrects its description.) (Bloomberg) — Activision Blizzard Inc. fell in extended trading after saying the strong U.S. dollar will hurt profit. The shares fell as much as 9.5
Bloomberg Business: Disney Shares Surge to All-Time High on ‘Frozen’ Earnings
Copyright 2015 Bloomberg. NJ9XG96K50Y9 (Bloomberg) — Walt Disney Co. surged to an all-time high after posting quarterly sales and earnings that beat analysts’ estimates, driven by “Frozen” gifts over the holidays. The shares jumped 7.6 percent to close at a record $101.28 in New York. It was the biggest gain