Copyright 2015 Bloomberg. NL0U966K50XU (Bloomberg) — Gold traded near the lowest level in three months after the dollar strengthened to a decade-high on expectations that the Federal Reserve will raise U.S. interest rates as the world’s largest economy improves. Bullion for immediate delivery was at $1,163.55 an ounce at 8:18 a.m.

Copyright 2015 Bloomberg. NL111W6KLVR9 (Bloomberg) — The U.S. government made surprise cuts to its outlook for global corn and wheat stockpiles amid signs of improving grain demand. The forecast for world corn stockpiles was smaller than the lowest prediction in a Bloomberg survey of 16 analysts, a U.S. Department of Agriculture

Copyright 2015 Bloomberg. Kyunghee Park (Bloomberg) — Heather Cho, the Korean Air Lines Co. executive who quit after a public outcry involving her treatment of a flight attendant serving macadamia nuts, was sued by the crew member for emotional distress. Kim Do Hee, the flight attendant who offered Cho the

Copyright 2015 Bloomberg. NKYZVC6K50YB (Bloomberg) — The dollar extended gains, reaching a three- month high versus the yen, amid mounting speculation U.S. interest rate increases will be brought forward. Asian stocks followed U.S. shares higher, and copper futures climbed. The Bloomberg Dollar Spot Index, which tracks the greenback versus 10 major

Copyright 2015 Bloomberg. NKZ5696K50YJ (Bloomberg) — The Obama administration denounced a letter sent by 47 Republican U.S. senators to political leaders in Iran as an attempt to undermine the president on a foreign policy matter for political purposes. The open letter addressed to the leaders of the Islamic Republic warned that

Copyright 2015 Bloomberg. NKYEI46JTSEV (Bloomberg) — U.K. billionaire Richard Branson’s Virgin Atlantic Airways Ltd. posted its first annual profit since 2011 following a two-year revival plan underpinned by collaboration with U.S. shareholder Delta Air Lines Inc. Pretax profit before one-time items was 14.4 million pounds ($22 million) in 2014, compared with

Copyright 2015 Bloomberg. NKWZLG6TTDVY (Bloomberg) — Euro-area finance ministers gather in Brussels, with Greece’s bailout program expected to be on the agenda. The country needs to refinance or repay $7.2 billion in debt or interest this month, according to Bloomberg data. The European Central Bank begins its $1.2 trillion sovereign-bond purchase

Copyright 2015 Bloomberg. NKWQQV6S9728 (Bloomberg View) — Presidential hopefuls Jeb Bush, Scott Walker and Chris Christie are working the Republican big-money circuit of Palm Beach, the Upper East Side of Manhattan and Aspen. In Jeb’s case, it’s going so well that last week he sent word to the deep-pocketed to

Copyright 2015 Bloomberg. NKFIO26S972J (Bloomberg View) — Wall Street is wasting no time revving up its lobbying machine now that President Barack Obama has said his administration soon will propose a rule to require brokers to act as fiduciaries when advising clients on their retirement savings.  Asking brokers to put clients’