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Business Headlines

Curated news from Bloomberg Business

Business Headlines

Copyright 2015 Bloomberg. NJ4HRK6JTSEJ (Bloomberg) — The wife of journalist Kenji Goto said she was proud of her husband’s passion for conveying the “tragedies of war” after his beheading by Islamic State. “My family and I are devastated by the news of Kenji’s death,” Rinko wrote in a statement published

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Business Headlines

Copyright 2015 Bloomberg. NIZ0HC6TTDSP (Bloomberg) — Oil headed for the longest run of monthly losses since January 2009 amid speculation that rising U.S. crude supplies will exacerbate the global glut that spurred last year’s price collapse. Futures were little changed in New York and set for a seventh monthly drop.

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Business Headlines

Copyright 2015 Bloomberg. NIYZUU6K50YO (Bloomberg) — Japan said it was still working to free hostages held by Islamic State after the group’s deadline to execute the men passed, fueling concerns over their fate. The militant group had set a deadline of 11:30 p.m. Thursday in Tokyo to execute Japanese journalist

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Business Headlines

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

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Business Headlines

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

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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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