Bloomberg Business: Sanctions Don’t Bar Oil-Service Giants Bidding in Russian Arctic
Copyright 2015 Bloomberg. Dina Khrennikova and Andrey Lemeshko (Bloomberg) — U.S. and European suppliers to the oil industry are still able to seek work in Russia’s Arctic despite sanctions designed to limit their involvement because the rules don’t apply to foreign subsidiaries. Schlumberger Ltd., based in Houston and the world’s largest
Bloomberg Business: Copenhagen Wakes Up to New World Order as Police Roam Streets
Copyright 2015 Bloomberg. NJTO7H6K50XV (Bloomberg) — It’s a city where mothers are used to leaving their babies in prams outside cafes and cyclists can bike through parliament square without encountering a single security guard. Now, Copenhagen is full of heavily armed police officers and the constant sound of sirens as
Bloomberg Business: Putin Lets Russian Consumers Feel the Pain as Economy Succumbs
Copyright 2015 Bloomberg. NJTUTD6S9728 (Bloomberg) — Russian households are bearing the brunt of the blowback from the crisis in Ukraine and a tailspin in oil prices, setting the stage for the biggest drop in consumption in more than two decades that will deepen the country’s recession. Crushed by a 45
Bloomberg Business: Can Rick Perry Jump Start His White House Hopes in Iowa?
Copyright 2015 Bloomberg. NJU8K16KLVR4 (Bloomberg Politics) — For former Texas Governor Rick Perry, hope springs eternal. Perry will return to Iowa on Monday, a state he hopes will help resurrect his prospects for becoming the Republican presidential nominee. Recent Iowa polls show Perry trailing his GOP rivals by double digits,
Bloomberg Business: U.S. Yield Increase in February Hurts Bondholders to Homebuyers
U.S. Yield Increase in February Hurts Bondholders to Homebuyers Copyright 2015 Bloomberg. NJOQWL6K50YT (Bloomberg) — From bondholders to home buyers, this month’s jump in Treasury yields is starting to bite. U.S. government debt has fallen 1.9 percent in February, headed for the biggest monthly loss since May 2013, based on Bloomberg
Bloomberg Business: The Curious Saga of Oregon Governor John Kitzhaber and Cylvia Hayes
Copyright 2015 Bloomberg. NJOQS56JTSEB (Bloomberg Politics) — With every passing day, Oregon’s political soap opera seems to grow more bizarre. Governor John Kitzhaber continues to resist calls from members of his own party, as well as from the state’s leading newspaper, to resign over corruption allegations involving the governor’s fiancée, Cylvia
Bloomberg Business: Obama Tries to Draw Companies Into Sharing on Network Threats
Copyright 2015 Bloomberg. NJON8J6JIJV8 (Bloomberg) — President Barack Obama will create a way for companies to voluntarily share information about computer- network threats while he awaits congressional action on cybersecurity legislation. Obama plans to announce an order setting up a framework for the information exchange as part of a White House-sponsored
Bloomberg Business: Three of Tech’s Top CEOs to Skip Obama Cybersecurity Summit
Copyright 2015 Bloomberg. NJMWYN6K50XX (Bloomberg) — The top executives of Google Inc., Yahoo! Inc. and Facebook Inc. won’t attend President Barack Obama’s cybersecurity summit on Friday, at a time when relations between the White House and Silicon Valley have frayed over privacy issues. Facebook Chairman and Chief Executive Officer Mark Zuckerberg,
Bloomberg Business: Making Book Again on the 2016 Republican Nomination: Albert Hunt
Copyright 2015 Bloomberg. NJM0J86S972E (Bloomberg View) — If you play the odds, the Republican presidential nomination will go to one of these final four: Jeb Bush, Mike Huckabee, Rand Paul or Scott Walker. Last April, I calculated the odds for each like this: former Florida Governor Jeb Bush at 4-to-1; Wisconsin
Bloomberg Business: Congress Likely to Back War on Islamic State, Lawmakers Say
Copyright 2015 Bloomberg. NJMU6P6K511B (Updates with Gergen comment in 13th paragraph, McCain comment in 28th paragraph, Rubio in 38th paragraph.) (Bloomberg) — Lawmakers of both political parties say Congress is likely to authorize further U.S. military action against Islamic State, yet the political maneuvering is certain to be contentious and