Bloomberg Business: Steepest-Ever Drop in Oil Rigs Shows Shale Losing Fight to OPEC
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
Bloomberg Business: Japan Using ‘Every Channel’ to Secure Release of Hostage
(Bloomberg) — Japan is using “every channel available” to secure the release of Kenji Goto, a war journalist captured and threatened with death by Islamic State militants. Chief Cabinet Secretary Yoshihide Suga told reporters in Tokyo on Monday that Japan would do its utmost to free Goto with the co-operation
Bloomberg Business: Oil Jumps as Saudi King’s Death Stokes Concern Over OPEC Policy
Copyright 2015 Bloomberg. NILXXK6S972H (For more on oil’s decline, click EXT5 <GO>) (Bloomberg) — Oil jumped after the death of King Abdullah of Saudi Arabia, the biggest producer in the Organization of Petroleum Exporting Countries. Futures advanced as much as 3.1 percent in New York and 2.6 percent in London
Bloomberg Business: Islamic State to Make Statement on Japan Hostages
Copyright 2015 Bloomberg. NILVBK6JTSEW (Bloomberg) — Islamic State will release a statement “soon” on two Japanese hostages it has threatened to kill sometime on Friday if Japan doesn’t pay a $200 million ransom, Japan’s public broadcaster NHK reported. The Japanese people are infidels at war with Islamic State, a spokesman
Bloomberg Business: Obama Vows to Let States Lead the Way on Marijuana
Copyright 2015 Bloomberg. NILWFM6JTSEI (Bloomberg Politics) — President Obama is not going to stand in the way of U.S. states that want to get high. In an interview Thursday with YouTube blogger Hank Green, Obama was asked about the growing conflict between state and federal marijuana laws. “What you’re seeing now is
Bloomberg Business: Cyber-Attack Retaliation Seen as Government’s Job in Global Poll
Copyright 2015 Bloomberg. Jordan Robertson (For more stories on the Bloomberg Global Poll, click TOP POLL.) (Bloomberg) — At a time when most people aren’t confident their workplace is safe from a hacking attack, respondents to the Bloomberg Global Poll are more certain about one thing: Vengeance is not mine.
Bloomberg Business: Africa Oil Boom on Hold as Prices Spur Explorer Caution: Energy
Copyright 2015 Bloomberg. Paul Burkhardt (Bloomberg) — Africa’s oil and gas boom is in jeopardy. The dash for resources that saw explorers invest billions of dollars to tap promising oilfields from Ghana on the west coast to Tanzania on the east, is stalling as the global drop in oil prices
Bloomberg Business: Microsoft Lines Up Spartan Browser as Explorer’s Moment Fades
Copyright 2015 Bloomberg. NIK0JD6K50YP (Bloomberg) — Microsoft Corp. has long tried to make Internet Explorer a modern browser capable of matching the appeal of Google Inc.’s Chrome and Mozilla Corp.’s Firefox. After years of losing market share, it’s starting over. The software maker unveiled Project Spartan, a browser built to
Bloomberg Business: Globe’s Hot Spots Are Quickly Forgotten by Oil Traders: Energy
Copyright 2015 Bloomberg. Ben Sharples and Sharon Cho (Energy column news alerts: SALT NRGI <GO>) (Bloomberg) — Back when oil traded at $115 a barrel in June, traders were talking about the fighting in places like Iraq, Ukraine and Libya as part of the reason it was so high.
Bloomberg Business: Oil Slump as Dollar Surges Seen Improving Economy in Global Poll
Oil Slump as Dollar Surges Seen Improving Economy in Global Poll Copyright 2015 Bloomberg. Simon Kennedy (For more stories on the Bloomberg Global Poll, click TOP POLL and click DAVOS for more on the World Economic Forum.) (Bloomberg) — The plummeting price of oil and surging U.S. dollar are increasing
