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Business Headlines

Curated news from Bloomberg Business

Business Headlines

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.

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Business Headlines

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

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Business Headlines

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

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Business Headlines

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

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Business Headlines

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

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Business Headlines

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

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Business Headlines

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

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Business Headlines

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,

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Business Headlines

Copyright 2015 Bloomberg. NIRF066JIJUR (Bloomberg) — President Barack Obama’s call to restrict oil exploration on 12 million acres of the Arctic National Wildlife Refuge probably won’t have much practical impact for an area already off-limits to drillers, though it’s created a new fault line with the Republican-led Congress. The White

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oil rig
Business Headlines

Copyright 2015 Bloomberg. NIAO4Y6JTSEJ (Bloomberg) — U.S. drillers have taken a record number of oil rigs out of service in the past six weeks as OPEC sustains its production, sending prices below $50 a barrel. The oil rig count has fallen by 209 since Dec. 5, the steepest six-week decline

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