bloomberg business
Bloomberg Business: Low-Cost Airlines Are Often High Stress For Pilots: Adam Minter
©2015 Bloomberg View NLZUGF6JTSEC (Bloomberg View) — Andreas Lubitz, the co-pilot who last week steered a Germanwings flight into a mountainside, had a history of depression so debilitating that he left his pilot training program for six months in the late 2000s, according to Germany’s Bild newspaper. When he was
Bloomberg Business: Oil Retreats While Dollar Holds Gains; Asian Stock Futures Mixed
©2015 Bloomberg News NLZX6G6JIJUW (Bloomberg) — Crude slid amid speculation the conflict in Yemen won’t have an impact on the global oil glut, while the dollar held gains. Asian index futures were mixed after U.S. stocks rallied Friday to trim their worst week since January. U.S. and Brent crude oil
Bloomberg Business: Why the Global Economy Has Become a Rorschach Test: Mark Gilbert
©2015 Bloomberg View NLZUGB6S9728 (Bloomberg View) — After more than half a decade of inactivity on interest rates, the U.S. Federal Reserve believes economic conditions have improved enough that it can raise borrowing costs. The only question is when, rather than if, to move. Central bankers in the U.K, by contrast, are
Bloomberg Business: Russia Sells Half as Much Wheat Overseas After Government Curbs
©2015 Bloomberg News NLTX626K50YO (Bloomberg) — Russia is exporting half as much wheat as last year after the government started taxing overseas shipments as a way to reduce local food prices. The country will sell 65 percent less wheat in March than the previous year, according to estimates from ZAO Rusagrotrans,
Bloomberg Business: RadioShack Sale Opponents Assail ‘Sham’ Auction to Hedge Fund
©2015 Bloomberg News NLUEIK6JTSE8 (Bloomberg) — RadioShack Corp.’s proposal to sell more than 1,700 store leases to its biggest shareholder will face another day in court as witnesses line up to support or fight the bankrupt electronics retailer’s proposal.Thursday in Delaware, lawyers for plan opponent Salus Capital Partners LLC called
Bloomberg Business: How to Stonewall an Investigation Into Your Government Agency’s Cartel-Funded Sex Parties
©2015 Bloomberg News NLUEKD6KLVRC (Bloomberg Politics) — Apparently, some agencies are more open about their weird sex scandals than others. On Thursday the Justice Department’s Office of Inspector General released what’s being called the “DEA sex parties” report—or, more officially, its investigation into how the Drug Enforcement Agency, the Federal Bureau of
Bloomberg Business: New Jersey’s Christie Joins States’ Obama Immigration Fight
©2015 Bloomberg News NLSLGH6VDKHV (Bloomberg) — New Jersey Governor Chris Christie is supporting the fight by 26 other states to block the Obama administration’s plan to let as many as 5 million undocumented immigrants stay in the U.S. Christie, a possible candidate for the Republican 2016 presidential nomination, added his name
Bloomberg Business: Dollar Declines as Post-Fed Adjustment Continues for Traders
©2015 Bloomberg News NLS6416TTDS7 (Bloomberg) — The dollar declined as unexpectedly weak economic data has investors adjusting their outlook in the wake of last week’s Federal Reserve meeting. Orders for durable goods dropped in February, extending the greenback’s losses after it slid the most in more than three years last week
Bloomberg Business: Taiwan’s Delta Looks to Robots, Electric Cars to Stem PC Slump
©2015 Bloomberg News NLRQZF6S972C (Bloomberg) — Computer makers including Apple Inc. and Dell Inc. have turned to Delta Electronics Inc. to power their PCs for the past decade. Now, the supplier is moving into electric vehicles and factory robots. “It’s a natural evolution,” Yancey Hai, chairman of the Taipei-based company, said
Bloomberg Business: The Conservative Divide Over the Benghazi-ness of Ferguson
©2015 Bloomberg News NLQQOP6KLVR6 (Bloomberg Politics) — Three weeks ago the Department of Justice released two reports on Ferguson—one explaining the DOJ’s reasoning against charging Officer Wilson for shooting Michael Brown, and another acknowledging the civil rights violations, brutality, and racial bias ingrained in the culture of the Ferguson Police